Money, your money, your life, your future. Now, becky quick. We begin with car shopping as Interest Rates have come down, people in the market for a new car or truck are also seeing lower rates on auto loans. Thats welcome news, but finding a great deal could still be a challenge. Whats the deal is our cover story, and phil lebeau has more. If youve been to a car showroom lately, you may see that cars are not new. I think the fact that cars are taking longer and longer to sell is because were not seeing real deals consumers are looking for low Interest Rates cash offers are not as strong as they once were. That may be changing. Edmonds says the average low Interest Rate is now at the lowest this year with just under 6 with most paying 4 as for 0 deals, thats harder to find. It will be welcome news for automakers after the four best years ever for awe toy sales in the u. S. , almost everyone in the car business expects demand to cool off especially as prices being made for new models co
I just heard somebody passed away so they were practicing hovering, which was unique to helicopters. And something happened. The helicopter crashed. Reporter this is a picture of the helicopter we found on the companys Facebook Page. The tail number on this picture matches the helicopter, the tail number on the wreckage behind me. The Facebook Page has since been taken down it appears by the company. At this point again, investigators, the ntsb expected here tomorrow. According to the airport manager, there was no disstress call from the helicopter in the seconds and moments before the crash and there was no black box inside the helicopter. In hayward, laura anthon abc 7 news. Thanks very much. Breaking news in the north bay and just after 4 00 this afternoon, trains were running between san rafael south of where this happened. A bus bridge is taking passengers between Sonoma County airport stations. This is the fifth fatality involving smart trains in the past few weeks. Its been thre
Heading towards louisiana. Not pictures we want to see. David and it can really affect oil prices. A lot of facilities are closing, offshore platforms, and it oath course will reflect refineries. Alix we see people taking taking boatspeople down streets. Meanwhile, we have near record highs on u. S. Equities, trying to push higher to get back to those highs for the nasdaq. Euro gaining just a touch versus the dollar. 30 year yields unchanged after yesterdays really violent session, a real increase after a bad option. Crude prices climbing a bit on the storm and geopolitical tension. David it is time now for the mooring brief. Eastern,his morning ford and volkswagen will announce details on their big on electric and on most vehicles. On00 we get u. S. Ppi Autonomous Vehicles. At 11 00 we get u. S. Ppi data. Angela merkel joins Emmanuel Macron in paris. And we get important economic from china, including gdp growth. Now we are joined by rachel evans, who heads bloombergs etf coverage, an
Keith bliss. Keith, welcome thank you very much, morgan good to be with you. Mid averages did hit new records this morning but have drifted back down to the flat line, not really moving very much right now are you surprised by that . Not at all. Im a little suppliesed at trpre lack of action it seems theyve hit their own food coma as we wait for earnings to come through we have 300 companies that are going to report next week. We are on fed watch, of course, waiting for the july 31st Rate Decision a bit like waiting and waiting markets are taking a breather right now. Here in the u. S. And elsewhere around the globe, people are starting to go on their holiday so you have lack of participation. Were going to get into all of that a little more. Secretary mnuchins crackdown. Wilfred is covering citi earnings dion is watching the debt ceiling debate lets begin with treasury secretary Steven Mnuchins comments on crypto moments ago eamon javers has that. The rarely used White House Press Bri
The two front runners, trump and joe biden, youll be headed to the hawkeye state. In one speech, biden will absolutely unload, president , thank at one time, as it relates to tariffs, trump doesnt get the basics. He thinks his tariffs are being paid by china. Beginning students at iowa or iowa state could tell you that the American People are paying his tariffs. The cashier that targets to see whats going on, they know more about economics than trump. You also say the president is extra essential threat to this country. Sarah sanders was asked about it earlier today. This was her response. Joe biden has a lot of questions, he needs to answer himself. The idea that he would take the president causes any type of threat, he was part of the administration that allowed russia to interfere in our election. On the arrangement with mexico, fox is being told not that there was a deal in place with mexico becoming a safe third country but that is not the publicly announced by the administration.