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The iea also warning that weak demand raises the risk of social instability. But Goldman Sachs executive calls lower oil a blessing. There are a lot of positives to the economy from the Energy Situation to the resurgence of housing to the most important thing of having reversed all the leverage that was in the system and kind of reset the clock. So you can take something thats a blessing, lower price of oil which once you think of like a tax cut. Take a look at the price of crude. Youre looking ...

One of the issues that does concern me is our national defense. I have washed us around the world i challenge some people. Is there any country in the world that we have a stronger relationship with today than we had six years ago . I said that, too. But i was corrected. Somebody said iran. Somebody else said to cuba. Its about that. A while back i was in egypt and they told me 98 of the threats that all the relation together with egypt have been suffered by the Foreign Policy of this president....

Regime that systematically denies political and Economic Freedom or do we preserve normal relations for postcastro transition so we can use them as a lever to induce a broad profound and irreversible reforms that will effectively liberate cuban people . Inexplicably president obama chose to matter of course i hasten to add that this is not a partisan debate. There is strong bipartisan consensus is strong for the regime but is moving toward democracy. Although president obama is moving quickly to...

His family says he had a blood transfusion and surgery on his leg. They say hes a fighter and even though its going to be a tough road to recovery, they are relieved hes alive. Elissa harrington, abc 7 news. We have breaking news now in menlo park. Gunfire breaking out in that wealthy city. Evidence markers littering the street. Tonight, one man is dead, shot and killed by a police officer. The shooting happened on willow road in menlo park. Thats where abc 7 News Reporter vic lee joins us live ...

How did that help the hikers . Reporter oh, my goodness. It has been freezing out here. And we are told actually the freezing cold temperatures may have been the secret to their success. It was so cold that their fingertips couldnt get sweaty and soft and that actually helped them scale the wall, their shoes were also hard and it made it harder for the sharp rocks to penetrate. One of the mothers told me she believes that is the secret to their success. Very fun to watch. Thank you. As you can i...

In oakland for several years now. Sometimes its one car performing as you can see there. Sometimes two or three. And there was a crowd of about one to two hundred people watching. Its dangerous. Those cars can easily veer out of control into the crowd. Where were the police . First we saw a few patrol cars standing by. Then more cars arrived blocking in everybody at the scene both spectators and those doing the sideshow and then some people tried to flee. It looks like they used a red van to sma...

Lot. We have a beautiful forecast for you. 60s and 70s. Rain is coming in this weekend. In the meantime, out the door this morning, numbers will be in the low 50s. Clouds to start, sun to finish, mid60s to low 70s. Today. Enjoy it. We have two big traffic hot spots this morning. First one in hayward north 880 approaching a street. Just one lane open. Chp has been out there all night investigating an accident that happened. One confirmed fatality right lane is open at this hour. Also in the liver...

All that and more for nightly Business Report tuesday december 2nd. Good evening, everybody, im sue herrera. Susie gharib has the night off. With the dow reaching an all time closing high on cyber monday, strong auto sales in november. Learned about them today and an increase in Construction Spending in the month of october. Spending on both public and private Construction Projects rose more than 1 that month. That was the largest gain since may helped by a boost in the building of new Single Fa...

Years. All that and more for nightly Business Report tuesday december 2nd. Good evening, everybody, im sue herrera. Susie gharib has the night off. With the dow reaching an all time closing high on cyber monday, strong auto sales in november. Learned about them today and an increase in Construction Spending in the month of october. Spending on both public and private Construction Projects rose more than 1 that month. That was the largest gain since may helped by a boost in the building of new Si...

Business report tuesday december 2nd. Good evening, everybody, im sue herrera. Susie gharib has the night off. With the dow reaching an all time closing high on cyber monday, strong auto sales in november. Learned about them today and an increase in Construction Spending in the month of october. Spending on both public and private Construction Projects rose more than 1 that month. That was the largest gain since may helped by a boost in the building of new Single Family homes. Now, heres how the...