Last couple of hours. Every morning for the last week weve been waking up to patchy dense fog. Thats the story this morning, it is dry and breezy and cooler. The temperatures are cooler than where they have been. 12 Miles Per Hour in philadelphia. 10 in millville. Sea isle city, 14 Miles Per Hour but you have gusts at 20 to 25. 55 in philadelphia. 54 in millville. Sea isle city 54. Allentown, 50. Trenton, 52. The poconos checking in at 41. Satellite and radar, cold front slipped through overnight that allowed the temperatures to drop off a little bit. Really when you look at the big picture, 56 degrees is still well above seasonal averages this time of the year. 42, 43, breezy with patchy drizzle today a lot of cloud cover, 56 degrees, that will be the forecasted high, look what happens for tomorrow. We get into the all time reblgd territory. The norm record territory. The normal is 62. The record is 64. Were forecasting 70 degrees. All time high was 73 on december 5th years and years
Forecast for brent crude saying oversupply is likely to peak in whos doing it best. The Second Quarter of the next and candidly, new york really year. Those prices are looking at a was doing the best work in this near fiveyear low. And the worst case scenario, brent could fall as low as 43 space. Were in a good position from a in the next six months. Thats something to be watching. Budget point. Andrew, over to you. Thank you, becky. On a cash basis. Good morning. We have Corporate News this morning as well. Here are the stocks to watch. Reaching nearrecord levels. The first one out of the box is im comfortable well be able to merck reportedly in talks to buy absorb and pay for the costs. Cubist pharmaceuticals to make and im also confident that the antibiotics and they will pay entrepreneurs coming with roughly 7 billion. Foreignborn citizens and thats more than 34 premium. Immigrants will more than contribute their fair share to also in other drug news, bristol atlantas economy and m
Party and kofi is about to begin. We came out this morning with a 100point drop on the opening bell. 16600 is where we are. As for the price of gold, it has not moved much in this volatility. The volatility and the big downside. It is insane. I am sick and tired of hearing fed this, said that. This is like a heroin addict. A crack cocaine addict. Whenever you mention the word q week, raising Interest Rates, that is when this market goes into withdrawal. The economy is not growing that fast. When you are addicted to heroine, it is hard to get off. A big time drug dealer. Stuart what about the worldwide slowdown . This is stuart what you have to say to our viewers. Is my money down again . I would not be pulling out all of my positions. The markets are reflecting the real economy. The Federal Reserve essentially pumping money into the system and keeping Interest Rates low. As it is being cut off now. Shapes up and down. 300point. She is the heroine dealer. When she stops selling, it is g
Live, from the cbs bay area studios, this is kpix5 news. She was sentenced to six months but tonight, the bay area stow away is already out of jail. Good evening, im ann notarangelo. Marilyn hartman could be anywhere tonight. The one place she is not is the la county jail. She served just a few days of a 177 day sentence. She admitted in court to breaking her probation twice, first, when she snuck on a flight from san jose to los angeles last week and again, when she ignored an order to stay away from lax. She is homeless and feels safer on the streets. There is no word on where she is tonight or the circumstance surrounding her release. And breaking news, you are looking at live pictures of ferguson, missouri where police are squaring off with protesters to enforce a mandatory curfew. The saint louis suburb has been rocked by a week of protests over the shooting of an unarmed black teenager by a white Police Officer. There are some 200 protesters out in that area tonight. Omar villafr
Every morning here since the election. Fiscal cliff, big, big issue. There are now, it seems, growing numbers of people on both the right and the left who would like to see us just go over that fiscal cliff. How big of a problem would that be . That would be a big problem. I actually still believe that those the democrats, the administration, republicans in the final analysis dont want to see that happen. They do understand that not only would that present a problem in the near term as we went over the cliff at the end of the year, but we still then have the whole debt ceiling fight that would transpire shortly into the new year. The issue isnt simply the negative result of going over the cliff, but its also that business, consumers, everybody continues to hold back on the uncertainty. And we believe the economy is pretty well positioned potentially in 2013 if we can put this behind us. So i think a lot of whats going on is what you would expect to see in this negotiation, very public