A close eye on oil. Oil right now down 4 , managing to hang on by its fingernails above 31 bucks a barrel. As oil has fallen, so too is gasoline prices. You dont need us to tell you that. You see it every day, aaa says its now a buck 72. Over the last year, everybody said those lone gas prices will give a huge boost to the consumer spend. So far, nearly everyone has been wrong. They havent added it. Jack allen says thats about to Securities Exchange commission. He is here. Jack, welcome. All right a. Twoparter, one part is not enough for a man of your intellect. Number one, why do you believe low gas will finally translate into better consume were spending . Number two, if are you right, how do you profit from it . No, i think youre right, its been this coil. Whats happened is that just like the fed policy has really hasnt worked, households are taking this, the pump savings and using it to pay down debt and, you nope the baby boomers that were the big debt buyers or the debt holders i
Announcer from abc news, this is world news now. Hi, everyone. Good morning on this wednesday. Im kendis gibson. And im reena ninan. We begin with the latest appeal on the campaign trail. Candidates scrambling for support before voters in two states ahe of the polls. First up, Hillary Clinton is holding a commanding over Bernie Sanders in South Carolina, but the race is much closer in nevada and donald trump is at the top of the republican field, take a look at the latest numbers. Ted cruz a distant second followed by marco rubio and jeb bush. Abcs lana zak is covering the candidates on both sides. We have come a long way here in South Carolina. I think were going to surprise are people here. Reporter for republicans and democrats, it was back to their bases on the campaign trail. You cant just show up at election time and say the right things. And think thats enough. Reporter democrats Bernie Sanders and Hillary Clinton while the republicans were focused on the Second Amendment and th
More information. We will bring the update to you as soon as we get it. Now to the traffic situation. A couple streets blocked off so a tricky maneuver to get around this. This is tough for morning commuters. If youre trying to access denver from greeley or commerce city, a lot of people are using highway 85. Its an option for you. The local option is take 37th and find your way south to highway 52 and make your way back to 85 but that adds time. These roads are not used to handling the amount of volume coming through. So if you live to the south of greeley add extra time to your commute. Thanks for the update, joel. Lets look at our wind speeds. Pass. Expect high elevations today and better than yesterday. 22 at dia. 19 in avon. Satellite and radar show clouds this morning but quickly moving. Should be a nice day today. 44 degrees at noon and by 2 00 were in the 40s and should have a nice sunny day for us. Well talk more about the weekend warm up in a moment. Thanks lauren. I want to
Hayward Police Department investigators have been working on this case for several days. Several people tell us police have evidence that leads them to believe that she was murdered at first they were Police Department issued an alert saying the 22 yearold from san jose went missing on saturday night at a party where jackson in hayward she was last seen now again that foul play was involved not saying much not giving it too many details only saying the young woman was murdered but how and why. It remains a mystery. Are developing a plan for a search and recovery operation. But reporter the operation will take place we still do not know they have not released to those it details and no motive or suspects. Were expecting more with this case to come out in the next couple days we will stay on top of this for you in hayward. Pam another breaking story we are following tonight. A deadly shooting in vallejo. Child. Kron4s jeff bush is live in the neighborhood where police are still on scene.
I think were going to come short of that during the day today. Big feature today is going to be the sun. Well have plenty of it with only a few fair weather clouds here and there. And again, up and down the front range looking at mid 60s and low 70s and where its breezy, still plenty warm with 50s and 60s. Breezy will turn to downright windy. Another high wind watch is in effect. More on that after amelias latest update on the morning traffic. Good morning. Good morning, marty, whether you are waking up in colorado springs, fort collins, out across golden or boulder, you dont have too much to worry about. You can leave at that normal time of day and you will be free and clear. Mid 60s to upper 60s along that corridor. As we get outside to our cdot cameras, we have seen nothing but good news. Sunrise this morning comes at 6 50 as our days inch longer and longer. Travel times if you are waking up, also in excellent shape, ten minutes is all it will take to get from 70 to 25. If youre hea