At the fox 5 weather 247 forecast. Good morning im Cassandra Jones with fox5. We continue under partly cloudy skies as another weather maker descends on us. We will top out at 57 degrees today with light winds 5 10 mph. Christmas eve we pick up afternoon winds gusting to 35 mph with a slight chance of showers through the afternoon a high of 59. The cold front will slide through Christmas Day drop our daytime highs to just 49 degrees with a slight chance of showers through the morning breezes 1020 mph. By the weekend mostly sunny skies return with temperatures in the upper 40s before going back into the 50s on monday tuesday with clouds back in the forecast for here is a look at your drive here are the accidents to watch out and alternate routes you can use listed on our maps here are the construciton areas to look out for and alternate routes listed on our maps here are your photos for the day back to the news desk. The Driver Police say plowed into a group on people on the las strip o
In any case, until we see sustained adjustment on the part of inflation, which is consistent with our aim of achieving inflation rates below but close to 2 over the mediumterm. Corey drug he also says they will support greece if bailout talks get back on track. Yemen moves closer to war. The latest violence happened in the Third Largest city. Rebel leaders have called on forces to mobilize for war. Chinas ali baba is looking to israel to improve security. They are investing in jerusalem venture partners, who focus on Cyber Security. Israels government is planning to build a global of four Cyber Security technology. Well, ubers plans to partner with the u. N. To create one million jobs for women turned out to be a nonstarter. The Driver Unions warned the jobs to be dangerous. It deals the latest blow to over ubers image. A Global Transportation company with 80,000 employees we are joined by the north american ceo, mark joseph. Mark, tell us what the firm is. Mark we are a worldwide oper
Announcing i am running for president of the United States. [applause] cory a person for later with the matter says ted cruzs wife is taking an unpaid leave of absence from her gig as managing director at Goldman Sachs to help him run his campaign. The federal reserves vice chairman, Stanley Fischer says a hike is coming. Here he is at the Economic Club of new york. The Interest Rate is expected to lift off for the end of this year as the normalization of Monetary Policy gets underway. The extraordinary Monetary Policy the fed has undertaken in response to the crisis has contributed importantly to the economic recovery. The economic recovery has taken longer than we expected. Cory he also said subsequent increases would not be uniform or predictable. Data shows the u. S. Housing market is struggling to gain traction as sales of previously owned homes rose to an annual rate of 4. 9 million. The National Association of realtors says low supply and higher prices are keeping buyers out of
Merkel are trying to find common ground. They are releasing 259 billion in bailout funds. Stanley fischer says an Interest Rate hike is likely to be warranted by the end of this year. Increases will probably not be uniform, nor predictable. Senator ted cruz has become the first candidate from either party to launch a bid for the white house. The favorite of the tea party spoke in lynchburg, virginia. Senator cruz i believe in the power of millions of courageous conservatives rising up to reignite the promise of america. And that is why today i am announcing that i am running for president of the united states. Cory he called for repealing obamacare and protection of privacy rights. Stanford universitys endowment has named Robert Wallace to head the billiondollar fund. He previously worked at the renowned yale investment office. He is leaving after nine years at the head of the stanford endowment. The first lawsuits have been filed in the new open internet rules. The suits were filed by
Well, i think where we can, were celebrating turn in all honesty. Yes, it might be that next month in phase wants to continue to come down. Whys that . Because Energy Prices have come down as the price come down at the same time, we still see that way you saw rising in the us. The labor market is strong, so i think were celebrating to early, even if its late. My continue for a couple of months to come down or is thats the view in the us. What about here in europe . Does this reading in the us . Does that tell us anything about what we can expect here in europe . Well, no, no, not really well. It shows us that when Global Global Energy Prices come down, we should also benefit from it in the euro. But dont forget, global Energy Prices are in boston, us dollars, and we have a very weak current you right now. So this should almost offset the drop in global Energy Prices. At the same time, we see with germany, for example, that governments have introduce relief packages. They put some cap o