Here is your inflation headline. Prices of the consumer level went up 3. 2 , that means inflation is picking up after a long period of decline. Investors were expecting a bigger number so the market is taking it rather well. Inflation the way, up in ame america, in china its deflation, prices down. Lucas dextran a strong prefer the numbers were released and Even Stronger no. The doubt up maybe 200 points, s p 33, nasdaq up 160 points. Then disney lost 512 million and its streaming business, 11 million subscribers lost. Stock is up because its raising prices and disney 10. 99 to 13. 99. Stock is up dollar 81. Treasury yields from a ten year was up 4 before Inflation Numbers, now its come down to 3. 98. To you around 484 inflation and now its down to 476. Politics, President Biden . Peter doocy denies talking business with his son, hunter. I knew youd have a lousy question, he said. A harvard law professor writing in the New York Times the prosecution of them may have terrible consequenc
Reporter he is eagles sent their was at center of the attention at yesterdays eagles parade of champions. Want to talk about a hungry door, for 52 years you have been starved for a championship. Everybody oners why were so mean, why Philadelphia Eagles arent the nicest fans. If i dont eat breakfast im bleep pissed off. Reporter between his speech and that outfit jason kelce may have stolen the show when he put symbol of the philadelphia tradition in the national spotlight. It was stroke of genius for , absolutely history. Reporter jason kelces hair stylist and person who helped him get his hands on this iconic outfit. He called me tuesday night and said live, i need a suit. My husband was at avalon string band having practice. I called bob, i said we need a suit for jason. He said you got it. Reporter her husband as a part of the avalon string band had to go back to the mummers suit from a decade ago that was green and could fit a 6 foot 300, 295pound eagles football player. You know w
Right now, drenching rain is expected to arrive soon. City officials releasing details how things went through the eagles parade of champion. Well tell you just how many people were arrested and how big the crowds were, according to early unofficial estimates. Today is saturday february , im jan carabeo, lets start off with the forecast, here is Chelsey Ingram with eyewitness weather. Good saturday morning, chelsey how are you . Pretty nice out there right now. Even feels extremely mild out there, especially for february standards. So it is feeling like spring this weekend, thats the trade off we will get some rain headed our way very, very soon jan. Dry for now. If you have anything you need to get done outside, any errands you need to do, do them now, first part of the day, because rain will be moving on in later today. This is actually tonight. So looking at weekends soaker headed our way. Going to be milder as i mentioned. But wet. High temperatures will be in the 50s. Showers deve
We start you off with a forecast, here is meteorologist, Chelsey Ingram with eyewitness weather. Good saturday morning, chelsey very mild, south winds, we also have the cloud cover, so that allows temperatures not drop as much as they did the past couple every nights, but it will come at a cost. Now is the time to go out, walk the dog, grab the newspaper, this morning, if you have any outdoor plans, you want to accomplish, i would do it as soon as possible, because we have quite a bit of rain thats going to be headed our way. A look at the cloud cover right any cloud cover right now. We have lots of cloud cover across the region. 33 degrees right now in philadelphia. Not too bad. Thirtyone in wilmington, 35 in millville, down the shore temperatures are in the 40s, 42 atlantic city, four in wildwood. Above freezing up in the poconos right around 33 degrees. Now hearings the temperature difference over the past 24 hours, 9 degrees warm nerve philadelphia, 12 degrees warm nerve allentown,
Went to san jose and got a wage theft policy past. They hope the City Council Members pass a law that says any Business Owner who fails to pay a wage theft citation cant get a business license. The goal to get every city in the south bay on board. The reason we need the cities and counties to step up to the plate is that there is a culture of noncompliance. Reporter the city council will discuss the proposal tonight but they will vote on it later this month. Things could get ugly tonight Oakland City Council meeting after a physical altercation ended up costing the city millions. Brooks shopped a former black panther at a restaurant. In december a jury awarded brown 3. 75 million in damages. The council is pushing for rule changes for Committee Science assignments. We asked mayor libby if brooks should be removed. I believe the council should have the authority to take appropriate actions in light of the fact that a Single Council member has cost the residents of oakland more than 3 mi