How about that tenyear note yield . We have eclipsed that 2. 5 number. That occurring yesterday. The dollar has strengthened. A lot of people talking about that, as well. We are going to be keeping a close eye on the markets, talking about what you can expect from here given that selloff yesterday. That move up in the yield, as well, in the ten year. We start with really a stunner in the bond fund world. Legendary Portfolio Manager bill gross leaving pimco, the Investment Firm that he founded to join Janus Capital effective monday. Janus says gross is going to manage a recentlylaunched Global Bond Fund and will be responsible for building out the firms global macrofixed income strategies. For those who may not be familiar with the fund marketplace, janus has always been an equityfocused house. Only recently having started a fixed income product, which i believe has about 12 billion or so in it, having started i think in the spring. This is stunning news. Monumental. In particular the m
Matt pellman and trouble on i95. Good morning. Reporter good morning, lets start with Storm Tracker 6 live, were dry through the area we have lots of clouds and sunshine, more clouds early on as we look at this close up view with satellite 6. Cloudy skies in philadelphia its a little clearer in the northwest suburbs. 58 degrees currently in quakertown. 63 in center city. Temperatures are not too bad. Not terribly cold at the moment. 57 in hammonton, 59 in woodbine and 58 in dover. As we look at the day ahead well see sunshine this afternoon mixing with the clouds, 74 degrees for your high, temperatures above what they would normally be this time of year. At this early hour youve got problems on the roads. Reporter i think weve been starting every single morning with issues on i95. In northeast philadelphia we have a tanker fire theres the truck the flames were coming from earlier. You can see they have the fire extinguished now. They say these are the northbound lanes approaching cottm
That is the vehicle that investigators say somehow hit the child. This all happening on the 6300 block of leonard street. The vehicle involved does not appear to be equipped with flashing lights on the roof like other Police Vehicles have. We do not know where other lights and we do not if there were other lights and sirens in use i should same were toll the fouryearold was taken to the hospital with minor injuries. And a search for a group behind a brutal attack. A van pulls up and immediately several people jump out and start their beating and that is only the beginning. Good evening im dawn timmeney. Chris oconnell is off tonight. Police say the group used more than their bare fists to beat this man. Fox 29s Joanne Pileggi talk to a witness season live at northwest detectives. Joanne . Reporter dawn, the police have made two arrests. Now, they want to fine the rest of the group of people who violently beat a man outside of a Convenience Store in olney this week. All of it captured o
Orange new Jersey School superintendent that explained that the schools principal and district administrators vehemently deny any knowledge of the assignment and preliminary inquiries find that no approval was ever sought nor were parents notified about this unauthorized activity. The teacher has been suspended with pay and that further investigation will continue after the district returns from spring break. Parents in the community may not have been aware of the plans to write the letters to abu jamal but they had plenty of responses to them. Kids should be writing to role model not to prisoners. I mean theyre third graders. What can a prisoner tell a third grader . My kid is in the sixth grade. Of course hes not there but if that was him i would have a heart attack. Social media played a huge part in this controversy as the letters were disclosed on social media by professor Joanna Fernandez who delivered them to abu jamal. Heat discussion continues on social media. Although feedbac
Theyre right by all of this dry grass. Were midway through the fire season and grass like this will likely not get any drier so the potential for fire is great. Its the dog days of summer and its supposed to get drier. This would go up in a half hour. This will be toast. Reporter calfire is also on alert given the High Temperature could mean increased fire activity. This years drought not helping. As the drier conditions come through like this weekend were going to experience as everybody is. Yeah, a little more attuned to whats going on and a little more active as far as paying attention to how the weather is going to affect the fire conditions. Reporter Police Stopped this weekend its been a long and active fire season for calfire alone. Most started by carelessness. The dry grass can easily start fires. Those are the type of things were looking for. Back at the garlic festival, half a dozen large shade canopies and even rain rooms are set up as well as two water stations if needed.