Is here to tell us when his fund will launch and at what price. If you have crypto fever, you dont have to look away from the screen we have our bitcoin watch fired up throughout this hour. First we start with the dow on fire both the dow and the s p 500 closing at a record high, the dow 150 points at the high both indices posting their fourth day of gains, with the help of tax cuts on the horizon. It looks like a deal on the bill is close lets get to ylan mui in d. C reporter melissa, republicans are closing in on the final version of the tax bill two sources tell me the corporate rate will land at 21 . Its unclear whether that will kick in right away or not until 2019 but that is slightly higher than the 20 rate that was in previous versions of the bill. The top individual rate, that would fall to 37 . Thats lower than the senates original proposal for a 38. 5 top rate the detection fduction for morte interest, would only apply to new loans. Existing mortgages would still be grandfat
Best use of every single taxpayer dollar, assuring more reliability and predictibility that than a government operating under a continuing resolution. In short it moves our nation forward in the right direction. The bill includes full year funding for the remaining 11 annual Appropriations Bills for defense, infrastructure, health and safety programs through the end of the fiscal year on september 30. As well as critical emergency and defense and Border Security funding requested by the president. In total it provides 1 1. 63 trillion in base and overseas Contingency Operations funding. These levels meet the caps provided by the bipartisan budget act of 2015. This bill makes the senator decisions investing funding where its needed most. Rebuilding our military, securing our borders, and bolstering Economic Growth, getting people back to work. First and foremost and most importantly, this bill prioritizes funding for national defense, restoring the strength and capacity of our armed for
Amtrak service was delayed, of course. Amtrak police are trying to find out why that man was on the tracks. And sky 7 shows the fire damage to a home in san jose today. It started early this afternoon at a house on fishburne avenue in the southern part of the city. You can see through the roof wooden rafters are charred. There is extensive damage as you can see. But the good news, no one was hurt. But you can see the roof really ripped apart by the flames. Well, today marks six months since the ghost ship warehouse fire in oakland that killed 36 people. The Alameda County District Attorney has not yet filed criminal charges. Abc7 News Reporter Melanie Woodrow is live in oakland with more on the story. Melanie . Reporter dan and alma, there was a meeting onsite that included attorneys for the owner of this building as well as the victims attorneys, some of them, and investigators that theyve hired. The owner of the building tour, inc. , wants to repair the roof for businesses to operate
Its rally. 90odd points from 18,000 and about what, 400 points from record highs. The economy is slowing, but, hey, janet yellen has wall streets back, up she goes. Liberal candidacy lunacy deplore university. Trump in 16 is offensive, hateful and divisive, all chalk signs banned. Pathetic. Instead, watch this, kobe bryants goodbye game, 50 shots, 60 points. I say they gave him the ball quite a lot. I think he deserves it. 20 years in the game. What a guy. Varney company is about to begin. Well, look at this, two big back to back gains and were going to open higher yet again this morning. Stocks have really been on a roll. Those back to back gains, the last couple of days, i think they add up to 350 points. Right now were in shouting distance of 18,000. To be precise, were 92 points away, were going to open up 20 of the points. How about chipotle, an upgrade from j. P. Morgan, that stock was clobbered by e. Coli, but it will be up from 444 up to about 457. Up today chipotle. How about
Streets. Nepal hit with another massive earthquake. Magnitude of 7. 3 felt by many in the aftershock. Quake. This is a crisis in new england. I think its incredibly unfair. Its way too steep. Tom brady will be suspended four games after the deflategate scandal. I dont think it tarnishes a legacy but i think it impacts it. Its another day of potentially Severe Weather in the plains. People cleaning up after an ef3 tornado touched down in van, texas, killing two people. George zimmerman with another shooting in florida. The alleged triggerman had a showdown with zimmerman. This is an opportunity for to you get out of my face right now. Two people have been shot Near University of unc campus. And it was much more than expected. John kerry meeting with opinion putin for highstakes talks to discuss syria. A bolt bus exploding in flames on. Massachusetts turnpike. Youre on fire youre on fire all that plus a painting was auctions for a record 174 million. And all that mattered a lot of hot do