s en queens.años, y kevin vita, de 19, y en custodia de eu se encuentran los 3. y ahora este video que llega de florida. un ayudante del sheriff de ocala abre fuego contra un hombre negro que fue requisado, esposado, pero también restringido en una patrulla. el agente respondió así después de confundir, escuche usted el sonido de una bellota cayendo con un disparo. jackson era sospechoso de robar el coche de su novia esa misma mañana y estaba inmovilizado y en el asiento trasero. afortunadamente jackson resultó ileso. pero dice que este incidente lo ha dejado traumatizado desde entonces. hernández renunció a la oficina del sheriff y no ha sido acusado por este incidente. y en los Ángeles, la policía dice que sus recursos se están agotando porque tiene a sus oficiales resguardando unas torres abandonadas que han servido de refugio para grafiteros vándalos . pero como puede ver en las imágenes, también amantes de la adrenalina que realizan el llamado boys jump o paracaidismo libre, las torres están

but macy 's, let's get to that, because big news out of that chain, gaining about a 3.8% after a fourther beat and a significant new growth strategy. macy's outlining a plan to reinvigorate sales that involves the shuttering of 150 of macy's 500 stores while at the same time opening, growing more of its luxury brand storefronts. that plan includes the buildout of 15 new bloomingdale's stores and at least 30 you mercury beauty shops over the next three years to boost sales and nester confidence. at least today it's working, the stock's up. but joining me now after this morning's retail reports the sw retail advisers' finder stacy bidlets. i was so glad you were here because i was really interested to know, listen, macy's had to do something. just as we saw consumer spending soar during the holiday quarter, macy's sales during the same time period slumped 2% what's your assessment of whether the new plan will work? >> that's exactly it, liz. you've seen here may -- macy's, we've been through over one of the biggest retail booms from precovid to post-covid, and macy's has not participated.

macy's says been a fixture, of course in union square since the 40's. >> and now it is just one of 150 stores that macy's is closing nationwide. kron four's dan kerman is live tonight in the it will close no year, but as early as next year. >> too. >> for some it wouldn't be the holidays without the adoptable dogs and cats in macy's union square window. but the sun is setting and that tradition as well as the iconic macy's christmas tree. the retailer has announced it will be shuttering 150 stores over the next 3 years. and the mayor's office says the union square store will be one of them. >> we're really excited for the opportunity to work with the union square alliance other retailers and businesses that we talked to to explore what other possibilities exist. while disappointed the mayor decided to put a positive spin and the departure of one of union square's most iconic retailers. things are shifting. >> and so we have to make sure that we shift to an experience that consumers want to that. and the mayor says the city will work to streamline the bureaucracy to allow multiple possi

s of space will close. although city leaders tell us macy's corporate leaders have agreed to keep the store open until a new buyer can be found. it's not clear, though, how long that will take. mayor london breed said in a statement. quote, the process to undergo the sale of their building to a new owner will take time. macy's will stay open for the foreseeable future and people will remain employed at that store. she goes on to say that that being said, as someone who grew up in san francisco, macy's has always meant a lot to the people of this city. it's where families came to shop for the holidays. it's where many people from my community got their first jobs or even held jobs for decades. it's hard to think of macy's not being part of our city anymore. end quote. now, the news about macy's closures come came during an early morning earnings call with investors as the company's new ceo announced plans to close 50 macy's stores across the country this year and another 100 by 2026. macy's said it would not

s at at macy's in herald square, you punched a loss preventiond n officer and then an employee at a nordstrom rack. he pusheatd, punched and spit. oh, i imagine you're goingtrom to work at nordstrom rack. >> okay. yeah, you're already bombed. >> you want to work at regular a nordstrom in your hand? the you're working at the rack, rae, if i dong at the rack, a really good job at the rack, i can go to the regularackr rac. >> and if someone comes in and party. that's insane. so all thinsane soll os to say,u my issue with the guy is certainly not that he's a migrant. he's a madma hat n. madma yeah, yeah. but if i behave that way, i know. but also. i always i said thisi" today in the five. it's not about the people, it's aboutit not people. the po. and the dems always make ite it about, oh, you're tight,y you're talking about the people. they're mostly peaceful. know we talk about the policy. i didn't know there wa we'rsabout ow there wa a rivalry between nordstrom i . valry between nordstrom here's the thinghe about nordstrom rack. so many places get plus size shoes. yeah. so i can rac go to the

another big story we're following downtown since the 1940's union square has been home to macy's. but now. >> those days are numbered. today, macy's executives announced they are closing 150 stores nationwide and the san francisco landmark is among them. for many, it's iconic macy's christmas tree did it for others. they love the puppies in the holiday windows. whatever. the case may be, there were plenty of traditions and a lot of people who love them. a lot of people got their first job that that macy's, the owner of macy's neighbor john's grill says shopping at macy's eating at his restaurant is a tradition. folks around the world have come to enjoy and to lose the crown. jewel is tough. >> it's going to be sad to see them go. it's progress. it's going to really tough for the downtown san francisco area where, but we will come back from this. >> another story we're following for you tonight to on the heels of the news of ne sees a plant closure. it's not hard to believe that low foot traffic and crime in union square lead macy's to decide to close its stores. but san francisco

>>> here is what to watch today on the economic front is durable goods and economic figures and the s&p shiller home prices. we get results from lowe's and macy's as well as e-bay. >>> stocks are looking to share off the trading week. stocks are in the green across the board. the dowwould open up higher right now. on "mad money" last night, jim cramer said there are reasons to be on thptimistic with the quary rules. >> these are all signs emblematic, not a bubble. stocks are going up on rationale experience. they are not going up on the dreaded multiple expansion where people keep paying more for the same earnings. >> for more on this and the trading day ahead, let's bring in jenny harrington from gilman hill. >> good morning, frank. i'm doing my homework up until the end. >> you have to get ready for the spot. what do you think of what cramer had to say with the investors nudge to stay optimistic. >> it is funny. i listened to him driving home last night. cramer is a more positive guy than i am. i'm into dividend and income strategy. i look at everything in a more subdued light. i'm p

the nasdaq added 59 points and the s&p was up by eight points. shares in macy's climbed nearly 3.5% today after the company announced its reorganization plan, and those store closures nationwide, including plans to shut down the store in san francisco's union square. well, americans appear to be feeling a bit more uncertain about the economy. the conference board's consumer confidence index declined this month to a reading of 106.7. it was the first decline in three months. the chief economist said in a statement. this drop affected all income groups except the very highest and lowest income brackets. consumer they are less worried about inflation and more concerned about the job market and the us political environment . >> home prices finished at an all time high at the end of 2023, according to the s&p corelogic case-shiller report. prices rose for the 11th month in a row in december in the 20 largest metro areas, they were up just over 6% year over year. prices grew the most quickly in san diego, los angeles and detroit, which all saw price ju

flagship store in union square is on a death watch. >> "today in the bay"'s kris sanchez joins us. just when san francisco leaders actually thought things couldn't get worse, this one seems so crushing. >> reporter: you know, this is really a blow to san francisco's economy, because it is such a big store, but it's also a blow to san francisco's image, because of the connection that shoppers and employees are making to crime in the city. now, the union square store is one of 150 macy's stores that will close nationwide, but it is the most iconic. it is really serving as the anchor of union square, and it has for so long. mayor london breed says the possibilities for this location now going forward are really endless, but some employees tell us that with retail crime, open air drug use and people living unhoused, they can't see that vision. >> i see the homeless, i see the crime, people were coming into the store, just stealing like nothing, you know, the past two hours of the store before they ilding, nothing but theft. and next to it is an iconic building, the magnum building, whe

500 higher by a fraction retail earnings from lowe's double beat but also cut annual sales forecast macybeat on earnings but missed on revenue stadium stadium down 4 and a quarter % mace yoo's cut finger macy's closing 150 too serious, look at stocks lowe's down a percent each down fractionally down much more earlier this morning, we will hear from tjx tomorrow bust buy thursday joining us to talk macrostory the consumer is if he had raetd helms senior portfolio manager, steve here great to see you. thank you so much for being here how would you access retail he earnings how do you look at the request consumer. >> two o consumers higher end the chao higher end had real estate values relatively stable, they've been soon interest on cash move up significantly financial assets up doing okay the lowernd consumer has very, very different experience though, rents up a bit that hurts. they don't have cash they are in debt look at credit card interest rate, what we're seeing defaults there, so far, has been limited to the lower end consumers allowed retail spending to be okay but there are some

>> the consumer is tapped out, hardship withdrawals from 401(k)s is near its all-time high, seeing recordredit card debt for the average american's opening expansion on credit cards, not only lowe's anticipating slower spending but macy's is shutting 150 stores. not a great endorsement of a strong consumer as they continue to bite at who's feeling at the most. the average american putting more life on the credit card instead of investing in their future. ashley: you are absolutely right. thanks for joining us. thank you. coming up next on the show it seems mortgage rates are not the only housing gauge on the rise, home prices now coming and at all-time highs. we will dig into the data from the case-schiller index next. ♪ (vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to being rich is knowing what counts. las vegas grand prix choose t-mobile for business for 5

look at the market this morning ahead of mixed signals on retail, down dusters up a, nasdaq up 44, s& 5 and 3 quarters after reading heard setting week, lowe's reported this morning but also cut its annual sales forecast, stock is down 2. 3%, macy's beat earnings but missed revenue, same store sales down 4. 2% and macy's also cut its sales forecast. it's closing one hundred 50 stores. macy's to a decline pretty quickly on this news, stock is down 3% on macy's. we are waiting retailer news from tjx tomorrow and best buy thursday. how would you assess the earnings period here. what does this say in your view about the consumer? >> earnings have been pretty good, pretty strong but how much capacity does the consumer have to spend. we see these people spending, recklessly spending, suicide spending, going down in a ball of flames but if we see inflation is still a problem, if we see these numbers thursday come out and inflation is still an issue, 7 rate cuts earlier in the year and if we see inflation is still a problem thursday. down to one rate cut by the end of the year. the record hig

results from hp, best buy, tjx, salesforce and zoom and macy's.e with the latest clues on the inflation fight. we will watch that closely. ahead of all this, let's see how the new trading week is shaping up. dow and s&p coming off all-time highs from friday's sessions. futures are mixed. nasdaq in the green as the dow and s&p are down in the red. for more, let's bring in victoria greene. >> good morning, frank. >> what do you see in the pre market? the dow and s&p finished at highs last week. interestingly enough, the nasdaq hit a high and then closed lower. what do you makeo over in the pre-market? >> i think the second half of february is weak. you could see a pull back because everything has been hot recently. nothing could lose last week on the heels of nvidia. you have a few more earnings on the hardware side. you may see pc coming in hot. generally speaking, this rally is great. historically speaking, the back half of february is lighter. we could see a little bit of a pullback this week if we don't see the earnings numbers justify. some of

new this morning macy's says it will close 150 stores nationwide in the next two years.n an earnings call with investors k2's ali rasmus is following this story. kind of as it happens here. ali. >> yeah. garcia. in fact, that earnings call is still going on as we speak. they sent out a release about two hours ago. and then we just heard the ceo speaking about some of the changes to macy's here in the last half hour when that earnings call started. we are waiting to find out which macy's stores in the bay area may be on that closure list. we don't know that yet. there are about 20 macy's department stores in the bay area, but macy's is the largest department store chain in the nation. it owns not just 350 macy's stores nationwide, but also it's the parent company of bloomingdale's and the cosmetic store chain bluemercury. now macy's and bloomingdale's. sales during the 2023 holiday shopping season were down compared to the year before a new ceo took over the company last year, and investors had threatened to take the company private if things didn't turn around. >> we hav