Americans plan it shop this weekend. Of course how and where we do that keeps changing. Americans will do more of their Holiday Shopping online and at specialty and discounts stores and that leaves questions about the role of the traditional brick and mortar. Thats our cover story this week. The holidays are traditionally the season of Department Stores from the macys thanksgiving day parade and festive window displays to crowds of shoppers. But the retailer is beginning to see their sales go elsewhere. Department stores are expected to see just a 1. 2 growth in sales for the Fourth Quarter of 2015. At the same time, Discount Online and catalog retailers are expected to have a much larger growth in sales. And americans are increasingly turning away from brick and mortar stores. The average consumer now plans to do 46 of their shopping online. Holiday shopping is even going mobile. More than 21 of smartphone other than plan to buy on their devices. But despite all the options, there may
Where is your money going some well going . Well have a guide to giving. On the money starts right now. Now becky quick. More than 135 million weekend. That keeps changing. Americans will do more of their Holiday Shopping online and at specialty and discounts stores and that leaves questions about the role of the traditional thats our cover story this week. The holidays are traditionally the season of Department Stores from the macys thanksgiving day parade and festive window displays to crowds of shoppers. But the retailer is beginning to see their sales go elsewhere. Department stores are expected to see just a 1. 2 growth in sales for the Fourth Quarter of 2015. At the same time, Discount Online and catalog retailers are expected to have a much larger growth in sales. And americans are increasingly turning away from brick and mortar stores. To do 46 of their shopping online. Holiday shopping is even going mobile. More than 21 of smartphone other than plan to buy on their devices. Bu
Right now at 11 00 oclock much of you are area under tornado watch at this hour. It was just extended as some threatening storms are moving our way. Marissa tweeted this video from State College earlier tonight. Her backyard was getting getting pelted by large hail and we could see hail in our area over the next few hours. Good evening im jessica dean. Im chris may. Kathy orr staning by in the weather center. Its been very busy night kathy and not over yet. Chris and jess, really just beginning in our region. That tornado watch extended through the region until midnight. Talk now threat of Severe Weather continuing with two lines of storms. You saw those pictures of hail from State College this is line of storms that was to the west now moving eastward not severe but a lot of lightning hail and torrential downpours associate with his line. I want to draw your attention down here up the i95 corridor these storms originated in the ball more washington area. Not severe but we are talking
Beginning in our region. That tornado watch extended through the region until midnight. Talk now threat of Severe Weather continuing with two lines of storms. You saw those pictures of hail from State College this is line of storms that was to the west now moving eastward not severe but a lot of lightning hail and torrential downpours associate with his line. I want to draw your attention down here up the i95 corridor these storms originated in the ball more washington area. Not severe but we are talking about flooding, were talking about hail and were talking about damaging winds even though these arent officially severe well track these storms toward the northeast at 35 miles an hour and at that speed, they will be in chester by 11 06. Philadelphia by 11 30. Cam by 11 36 and in cherry hill, new jersey by 11 53. So you have the heavy rain, you have the gusty winds. You have the potential for hail and you have lightning that is amazing when we count up all the lightning in the region,
Since 1950, there have been 17 other instances when the s p is up nearly 20 on the year. The index finished positive the following year 82 of the time. Positive the following year, the s p finished with a gain of at least 7 , 86 of the time. Given the rally, its not surprising that stocks mutual funds are set to see their first annual inflows since 2005. But not everyone is convinced or confidence in this run up. Investorers forward more than 21 billion into money market funds on fears of a potential pullback for stocks. Those came as investors pulled funds from the previous week. Now, we are watching the tenyear. Now, the bet was on the tenyear. I dont know if we want to do the bowing now or how we want to work this. You said they werent going to taper. Im out of this. I lost. Im not even trying. Listen, here is the deal. And even on that friday i forgot about the bet. But on the friday when it was supposed to end and it was the close of that day, it was less than two basis points hig