You heard me. Were expecting it this weekend. Good morning, its wednesday, november 16th. Hump day. Im tia ewing. Meteorologist Samantha Roberts is in the first alert weather day tracking the drastic changes coming for the weekend. Brian cant wait, sam. Samantha its the first one of the season. We can have this one, and we can have one on christmas and back to the 70s, right . No, i dont think so. Time is 6 01. Weve offo this morning. Just a few clouds around. Partly to mostly cloudy depending on your location. I am watching a little light rain over lake erie, and if that holding together, you can run into a few raindrops on your windshield this morning. I dont think well see anything of significance, but be prepared to dodge a few sprinkles. Nothing measurable or anything like that. 40s for that morning drive. So a little bit better than the nobody is in the 20s this morning, so that is excellent news. Your evening drive, were dry and quiet. Partly to mostly cloudy and temperatures to
Oil is back below 48. Our roadmap begins with more volatility after last weeks postbrexit rally easing capital requirements. Plus, tesla deliveries come up short. The stock is down 4 . And the u. S. Are passing sued i arabia and russia in oil reserves, and falling below 50 even in the wake of those terrorist attacks in saudi arabia. Both oil stocks and futures moving slower than Economic Growth after the u. S. Equity markets posted their best weekly of the year. The dow and the s p gained 3 . Last week we used the term roller coaster a lot. And i dont know if you noticed, europe is having a banking crisis. Ground zero is italy, theyve had some issues again with month i depashi, and theyre not dramatically lower, and the situation and what triheyre gog to do with the recapitalization. They could hurt a lot of individual bond holders. Crisis is the right word . Italy is having a banking crisis. Many of their banks are bankrupt. The question is how. January 1, all the rules change. You ha
Plan on rain to become likely again by saturday. Today storms likely very early, then a substantial break. Scattered activity may redevelop late today. Wind sw 515 high 80 tonight chance of storms, mainly south. Wind nw 510. Low 63 tomorrow partly sunny. Wind nw 510. High 77 tom. Night clear and cool. Wind light nw low 54 enforcement on a chase for about 15 miles this morning from reinbeck to past hudson. The Grundy County Sheriffs Office says, at about 12 40 am, a deputy tried to pull a pickup truck over but the driver sped away going into black hawk county. The chase ended on eldora road near the intersection with west shaulis road thats between hudson and waterloo. Deputies say they tried to pull the driver over for a license plate violation. North liberty could possibly they head back to school this morning. For the part of North Liberty that is in the Iowa City School district, School Leaders made 2 changes this school year that could push more kids to walk to school. First, the d
And penn Elementary Schools. In particular, parents i spoke to are extremely concerned about their kids walking along penn street. 28 59, my husband and i moved back here about two and half years ago. Iowa native sarah madsen moved to North Liberty with one thing in mind. 28 55, its a fantastic place to raise kids. Sarah says people in her neighborhood are friendly, and enjoy living in a budding community. But she isnt fond of one particular growing pain. 30 05, there are some dangerous intersections one intersection she listed is penn and dubuque streets, which she drives every morning. 30 25, theres a lot of cars and theres a lot of blind spots in the morning. And just a block down is the intersection of penn and north stewart streets. Thats where a car hit a crossing guard during the last school year. The crossing guard later died. Nat this summer, the city took a few steps to improve safety in those areas. 37 56, mayor theres light up stop signs for crossing people. A fresh coat of
We could be in for another wild market ride today. A busy session in asia overnight. China in the eye of the tiger. Lets get you up to speed on what happened while you were sleeping. Chinas finance minister warning of pressure on exports and the yuan. Interbank lending rates moved sharply up at the open. Reuters is reporting Chinas Central Bank injected more than 52 billion into the money market through sevenday reverse bond repurchase agreements. Heres how things closed. Lets have a look at it. It was particularly the china markets that declined. The reverse st of asia wasnt t affected. Also, talk of relatively low volumes and a number of stories as well in the press over there today about the growing corporate debt pile. A number of factors weighing on this. A surprise sharp move down for the shanghai market. When the rest of asia really wasnt so affected. We havent seen a move like this in china if about a month. A lot of people blaming the money market, the liquidity concerns, but