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teens in the afternoon and light snow wednesday night. coming up in the full accuweather forecast. thank you cecily. be sure to wake up for the action news morning team for the latest on the roads and in the skies. join matt tam david and karen tomorrow at 4:30 a.m. and visit 6abc.com there you can see an hour by hour forecast and the seven day as well as stormtracker 6 live double scan live radar. a live confrontation between two men at a philadelphia gas station ended in fire late last night. and now they are determining where it started and who is to blame. sara bloomquist is live now with the latest tonight. monica and rick philadelphia police are looking to identify a mannection with the shooting outside of a sunoco gas station in the 1500 block of north broad street, the 31-year-old victim iswn to hand in that area near broad and lynnly. tonight police are not sure if that has anything to do with the confrontation and the gun fire. jim sells produce outside ....
donald trump. clubs all rob if you want your heart is there a life or headquarters here in doha also coming up a controversial u.s. senate race between the man accused of sexual misconduct and indorsed by donald trump and a little known democratic candidate will tell you why it s important. french president warns against national community time is running out to save the world from climate change. and israeli palestinians protest in tel aviv against donald trump s official recognition of jerusalem as the capital of israel. good to have you with us welcome to out of syria first of all secretary of state rex tillerson says the u.s. is ready to hold talks without preconditions with north korea also said that the u.s. has been in talks with china nuclear program on thursday u.s. special representative is expected to meet with north korean officials in thailand tell us that is also expected to travel to the u.n. later this week for talks on north korea our state department c ....
i m frances rivera. this morning your credit cards, mortgages, car, even student loan bills could see an immediate interest rate hike. after the feds raised rates across the country. but it is another major financial change in the wings that s leading our program this morning. your taxes are on the verge of some sweeping changes. on wednesday republicans reached a major deal to push through their $1.5 trillion tax plan and now we re finally getting some specifics on what that tax overhaul will look like. with the president out shilling for the proposal looking to get this passed before christmas. for more on this we go to nbc s tracie potts in washington. good morning. philip, good morning. let s talk about what s in this tax plan and how it might affect many americans. first of all, the wealthiest americans get a break. their top tax rate goes down from 39% to 37%. that s according to multiple republican sources. some of those popular deductions that people were ....
i m philip mena. i m frances rivera. this morning your credit cards, mortgages, car, even student loan bills could see an immediate interest rate hike. after the feds raised rates across the country. but it is another major financial change in the wings that s leading our program this morning. your taxes are on the verge of some sweeping changes. on wednesday republicans reached a major deal to push through their $1.5 trillion tax plan and now we re finally getting some specifics on what that tax overhaul will look like. with the president out shilling for the proposal looking to get this passed before christmas. for more on this we go to nbc s tracie potts in washington. good morning. philip, good morning. let s talk about what s in this tax plan and how it might affect many americans. first of all, the wealthiest americans get a break. their top tax rate goes down from 39% to 37%. that s according to multiple republican sources. some of those popular deductions ....
a bowl in this market as well, as it has been for much of the year. it looks like investors are pricing in a high likelihood that the tax bill is going to get past, after some back and forth regarding senator marco rubio s vote today. we learned that it sounds like concessions to what he would have happened on the tax credit is getting into the bill. the index isof touched major intraday records today. it is outpacing the gains we are seeing in the major averages today. that s get a temperature on the high tax proxies we have been watching. here in the white line is an index of high tax. these are the companies that are seen as benefiting more from a corporate tax cut. this is the russell 2000 four reference in blue and the s&p 500 in yellow. it is interesting the action we have seen in the russell, because within these companies that are mostly domestically oriented, with they are also tax as benefiting from the bill, but the russell has not been performing as well, pe ....