Telling us theres no need to panic. I dont think its cataclysmic. I dont think its a rerun of 2008. I do think that risk assets have been trading like they werent risky for a long time, and i think thats over and i think that the us market has gone up for few months when it probably should have gone down only because money ran here and so we have sorting out process to do here. Things will be a little less euphoric and bubbly but i dont think disaster is in the makin. Thats good to here. International Monetary Fund expects chinas economy to grow only sixpoint 8 and that would be its weakest in 25 years. Lucy, hold on to your seat. Indeed, joyce. Coming up on fox 29 news at 5 00, what all of that action on the street that joyce just told you about means to you. When you were start worrying and what you should be worried abo about. Our financial expert dan ricotta has all of those answers. Now to breaking news in new york city. Emergency crews on the scene of a chaotic scene in queens wh
female announcer cash4life from the pennsylvania lottery. Play for fun. Cash for life. Fox 29 news in hd brought to you by xfinity the future of awesome. Right now breaking news. A massive sink hole opens up on a philadelphia street. Skyfox is live over the intersection of tulip and huntington in kensington. You can see the crater in the street after a water main broke. Good evening, im iain page. Im lucy noland. Fox 29s Shawnette Wilson live at the scene. Shawnette, what are you seeing . Reporter well, crews at this hour are still working to make repairs to this water main. Take a look behind me. You can see massive sink hole that we just described takes up most of the intersection. This is here at tulip and huntington streets. Well give you a live view right now from skyfox. It shows you how huge this sink hole is. Philadelphia Water Department says a 12inch leak on a water main caused this road to open and cave in. They arrived on scene and were able to shut down the road before any
This is here at tulip and huntington streets. Well give you a live view right now from skyfox. It shows you how huge this sink hole is. Philadelphia Water Department says a 12inch leak on a water main caused this road to open and cave in. They arrived on scene and were able to shut down the road before anyone was hurt driving in the area. So that is the good news here. But, again, as you can see they are still working on repairs. Neighbors and Business Owners right at this intersection tell me they saw it all happen. I was looking over and the water was just gushing up, and another guy was with me. He called it in. There was a lot of confusion. We cant go by. Everything was closed. Youre happy to hear no one was hurt . Yeah, thats it. Theres nothing you can do. Reporter back here live that was the own are in of francos pizza locate the right here at the intersection describing what he saw. And how business was interrupted because as you can see, as were taking a look here, this sink ho
He described france as americas oldest ally said we stand with the french against terrorism and extreme i. The president offered any help the french might need in the hours and days ahead. Chris, we will be following this story all night long. Dawn . Thank you very much, bruce. Your fox 29 Weather Authority now. Watching a cool weekend. Lets get right over to chief meteorologist Scott Williams for the details. Thats certainly right. Winds of change. Were looking at gusty conditions continuing out there. We saw some peak winds around philadelphia gusting to 40 miles an hour. We have that wind tunnel effect if youre stepping outdoors, it will stay blustery grab those jackets and sweaters right now winds gusting to 23 miles an hour in philadelphia toward pittsburgh over 30 miles an ho hour. Current conditions not that bad. 54 in philadelphia. Low 40s in pittsburgh. 30s right now in green bay, wisconsin some of that colder air continues to head in our direction this evening. So if youre st
There. Or if thats connected to all the violence. We will continue to follow this story throughout the newscast and keep you updated. And right now at 5 00, hang on to your hats. The end to a blustery day. The system that sent winds like these pushing around equipment at the desmoines airport. The weather turned severe to our west. But here in our area weve gotten strong winds and as this moves out some very cold weather will be moving in. Brace yourself. Good evening, im dawn tim into. Im chris oconnell. Theres a cold weekend ahead. Lets get right to chief meteorologist Scott Williams for an idea of what we are facing this weekend. Hi, scott. Hi, chris and dawn. Were looking at winds of change across the area. Area of low pressure now well to the north but High Pressure off to the south. So get that wind tunnel effect. Winds have gusted up to 40 miles an hour today in philadelphia. Its 56 degrees right now. We have winds out of the west northwest at about 10 Miles Per Hour. But still