Out what the Federal Reserve is going to do to rev up the economy. Big speech coming from chairman powell. Odds are hes going to talk about inflation. He wants more of it. If thats correct, hell be printing a lot of money. Literally seven minutes from now make that nine or ten minutes from now, we will be allowed to give you the official word. And, by the way, thats what the markets waiting for. The dow jones average is coming off the dow is going to be down about 22 points, roughly that way. Lets see what happens when we get the feds announcement. The s p, thats coming off its 18th alltime high. Down a couple of points at the moment. The nasdaq is coming off its 38th alltime high. We did receive news of just over one million new jobless benefit claims last week, no noticeable impact on the market on that. That market, the investors, theyre really waiting for the fed. Five big tech stocks, theyre coming off record highs. Here they are this morning, premarket. Apple is up some more, but
Everybody. Nfl protest and the free speech event in berkeley. The Trump Administration announced new travel restrictions. Six countries are going to expire. Citizens of eight countries. Chad, iran, libya, north korea, somalia, syria, venezuela and yemen and they varied by country. Valid visas will not be revoked. It will go into effect on october 18. We will have more coming up tonight on the 10 00 news. A planned free speech event was a bust. Milo yiannopoulos showed up and took selfies and gave autographs and left a few minutes after he arrived. We have the brief appearance that is costing the University Big time. Took Milo Yiannopoulos did end up showing up this morning. Officials say he only spoke for 15 to 20 minutes before leaving on his own. The total cost for the security is over 800,000. The protesters showed up sunday morning. Minutes later fans of Milo Yiannopoulos and those who wanted to attend that now canceled free speak week. We have would have love to heard them. Law en
Displaced in an estimated 60,000 homes that have been damaged or destroyed. Lester hold will have more on nightly news. Awarding cleveland natives, helping share in the citys prosperity. The city is legally fighting back to keep it on the books. Is it fair or unfair . Our Senior Correspondent tom berras lays it out tonight. Raymond johnson was in a deadend job. He got involved with a project that hires 20 clevelanders. If it wasnt for the program, i cant say what i would be doing. It provided an opportunity for me. But the state bans local hiring laws. They think the state is trampling on home rule and clevelands right to share the of dollars of development and weather in this city. And all we ask is a small portion of that come to the benefits of the people we represent. Similar laws in columbus and akron face elimination too. That thats what we thats what were talking about, the municipalities to make those decisions. Its 20 . I think thats a reasonable amount. Lawmakers call clevela
Weekend is coming up in this is an overview which includes a mix of clouds and sunshine and perhaps a few showers this afternoon. Its feeling cooler as you wake up. Temperatures in the 60s walking out the door for the bus stop and going to work. 72 at noon. We could start to see some showers popping up this afternoon into the evening. 74 for the high. Ma 60 ravina. The air is so much drier and we are waking up to dry weather this morning. I believe that will change as we have these northerly winds today and we start to see some lake effect showers popping up this afternoon. The full Holiday Weekend coming i cannot wait to eat this weekend. Thats what we live for. If youre starting out some breakfast the drive times are looking good. De minute drive. Nice and smooth out this morning. A live look outside this is 90 at i77. Traffic is starting to pick up but we are smooth. No major delays on the local roadways. Overnight a man was rushed to the hospital after being and kinsman. The man wa
Im telling you the report inside there with reports below zero. Hypothermia finest frostbite are possible wear at multiple layers, and all exposed skin is recommended especially for young childrenn in the elderly what makes it even worse unprepared as this winter is been some mild. Normal acclamation whether youre going from cold to hot areol hot to cold takes about six weeks so when the temperatures change very quickly like this, people will not acclimate. I like winter winter in cleveland. H district is different when it comes to closing schools coming up we will take a look at the factors that go into calling it a day. Most of youyo are in school today, so bundle up. Thank you we appreciate you coming up also in the headlines today a man shot and killed by police after attacking people inside a restaurant with a machete last night in columbus. Stacy is in the newsroom with the rest of the story. Good morning. Columbus police have noo idea why he did it used turned into a mediterrane