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The fed releasing the monetary report to Congress Ahead of testimony next week. We go to cayla toushy. In the blue print, the new chair sticks to the script touting data base decisions, a strong labor market, and inflation that is moving toward that ever important 2 target. It should be noted that in this report the majority of fed members said they saw inflation at that target by 2019 and stabilizing at that target over the next few years. They did say that theyre monitoring the effect of online retailers and international effects on that inflation level over time. For unemployment, the fed r...

Reporter will look like this. Work crews creating two sets of fireworks set to go off on the two barges, anchored near peer 30. The producers are keeping quiet about what it will look like. Music is different. The way they will be performed is different. Tricks up our sleeves. 25 minutes of fireworks. Reporter she a Fireworks Show producer. He says the show programmed in a way that if the fog makes an appearance it wont cloud peoples ability to see the show. Chances of some fog is always possibility. We use the big stuff and focus on the midrange, 500, 400, 300 feet. And we have been successfu...

Any index it is listed on. It is naturally a very heavy weight on the nasdaq. Swingingones backandforth between gains and losses. The same is true of the s p 500, down 3 10 of 1 . Taking a look at treasuries, we see some selling on the treasuries market, the 10year yield going up. The yield on the 30year going up slightly, 2. 88 . About oil. Alk this is fascinating. We finally see a green arrow here. Holding well under 50 actually, i am thinking of rent crude. 473ork crude is down at and rent it is just under 50 a barrel for brent crude. Mark time for our top stories. Shire is making an unsoli...

Meanwhile Carl Cornelius who describes himself as a friend of the suspect, just as it seems smith was getting his life back together. I am devastated, he was a friend since i have been here me and a few other neighbors, we are all close up here. Back out live, in case you are wondering, Court Documents reveal that smith is arrested for unlawful entry for jumping the white house fence but a month later in april he reached an agreement with the court that he would not be prosecuted if he stayed out of trouble. His next court date was object. Reporting live from westchester, walter perez, channel...

Additional clouds creeping in from the west. There might be a sprinkle popping in from the northern and western suburbs. It will be brief and not give you much concern. 54 in trenton. 52 in allentown. 59 in philadelphia. 54 in wilmington, obviously as you head out to the bus stop or get the car started, its cool this morning. Cape may, 66 degrees. It will be bright with clouds, the high 73 thats well below average, but comfortable. On the bus stop its on the cool side make sure the kids are comfortable. They might like a light jacket and throw it over their shoulders on the way home. 52 degree...