Good morning. Im wilfred frost alongside Courtney Reagan in for sarah today. Good friday morning to you. We made it. Its friday. Nice friday song in the background for us. Sarah will join us later this hour with a preview of her exclusive interview with treasury secretary jack lew. She canceled todays holiday for this interview. Well worth it. It shows shes willing to cancel a days holiday for jack but not me. Try not to take it personally. I cant, its impossible not to. All of our viewer also watch that later starting from later this hour at about 5 45 today. Lets check in on markets at this hour. Yesterday was a disappointing day for markets. Down about a quarter to a half percent yesterday. We came off the lows for the day. The week as a whole, the dow down about 1 . Yesterday the banks were the worst performers. As you can see, we expect a bounce this morning, relatively small bounce. The dow called higher by 41 points. The s p 500 by 3 1 2, the nasdaq by 7 points. The tenyear trea
And spain and france. Strong gains across europe. And look at crude, which is set for weekly gains, up by 1. 25 on the week. Showing just about that gain today. We got surprising inventory builds yesterday. Traders seem to be taking in stride. The u. S. Treasury department issuing final rules to crack down on those tax inversions. Thats when a company is acquired by a smaller foreign business in a low tax country to avoid paying the higher u. S. Corporate tax rate. The new rules crack down on earnings stripping when the u. S. Subsidiary avoids taxes on domestic operations by sending them overseas as tax deductible payments. Got that . Sara eisen does. This is clearly becoming a signature issue for the treasury secretary, for this administration. And what he issued yesterday were new rules to crack down on tax avoiding companies. This earnings stripping strategy, its a common practice by inverted companies, they use the u. S. Subsidiary to issue loans from the Foreign Company that are t
Corey , tarhonda and marty with you this morning. Marty sounds like with weather is really looking nice for our weeekend the fire in parker that torched 30 acres and sent people from their homes was caused by workers repairing a driveway gate. Dry grass, warm weather and an occasional breeze kept the fire moving. It came close to five homes in the pradera subdivision off crowfoot valley road. One person was taken to the hospital for minor smoke inhalation. A firefighter was treated at the scene and later went back to work. It took crews a couple hours to get the fire under control. One of the men working on the driveway gate thinks sparks from a grinder started the fire. No charges were filed against the workers because the fire was ruled an accident. Previously named the best new bar in denver. Cold crush is now closed indefinitely. Police are calling it a public nuisance. Thursday morning, Police Posted a sign on the front door of the business at the corner of 27th and larimer. Offic
Coming up in my full forecast i had your 10 day on 10 because it looks like temperatures could be above average by next week. Im also tracking the potential for another system that could affect us here locally. Ill see you in just a bit. Jessica . Im watching the schuylkill expressway. Good news to report. That construction cleared out of the way. This is right around Spring Garden street. Maybe within 30 seconds ago or so. The Police Activity and lane restrictions moved out of the way. All traffic is okay, eastbound and westbound on the schuylkill. Were watching for the clearing of more construction. This one is in norristown between elm street and marshall street. Were waiting for the clearing of that as well. The vine street expressway construction typically clears around the 5 00 hour as well. Right now were still watching some crew in the area to just be aware of that. By the time you get out the door, especially if youre watching this right now, you should be fine. It was closed
Forecast. Thank you, jen. And this afternoon, much like we have been seeing the past few daysno rain on, not tracking any showers or storms. We have entered into the dry season now. Here is the view from newport ritchie. No rain at this location and pretty much expect mostly dry conditions for us for the rest of this warm. Were in the mid to upper 80s. It is 89 in bradenton. 86 in tampa. Sitting at 86 currently in inveerness. So a warm afternoon a nice breeze coming in out of the northeast to help cool you off a little bit. Notice the winds at 10 to 15 miles per hour. We have seen gusts up to 20 at times, close to 30. In brandon as of the last check. Well expect that to continue football for the friday night blitz. At kickoff, just a stray shower is possible. Talking about rain chances less than 10 . Most of these games should go on just fine. Nice quiet conditions, and a nice night overall. By the time were leaving the game, well be in the mid 70s. For the rest of the evening, expect