spike live from the cbs news bay area studios, this is kpix 5 news . >> deep breaths, everybody, and some relief maybe. to consigns inflation is starting to slow down. we temper that with the fact some prices are still going up . how much you

can expect to spend in the months ahead. another chilly evening in store, i'm tracking the frost advisory overnight. we are tracking other numbers, watching election results as they come and pick you are looking close. where we stand at two very hot bay area mayors races. good afternoon, i'm reed cowan. the latest inflation numbers are out, there's good and bad news. kpix 5 's anne makovec is here to break it all down for us. anne? >> it is the first month since february that u.s. consumer inflation is actually under 8%. prices increased to 7.7% over the past 12 months. that is assigned the inflation pressures might be slowing as consumers grow a little more cost stars cautious. analysts

say the federal reserve is not going to be happy until inflation comes down much more than that, and they will likely raise interest rates again, in december. what can we expect to spend in the months to come? >> we have seen peak prices in the housing market, those increases are tapering off. most economists are penciling in that house prices will drop nominally by another 8% from where they are right now. unfortunately, i think the cost of food will remain high for both thanksgiving and christmas hanukkah season. and maybe if you are someone who celebrates anything in january and february, prices are going to be higher than pick and budget a little extra money. >> the stock market soared, the dow closing at 1200 points. the nasdaq getting 760, and the s&p 500 up to hundred seven 207 , reed.

>> so we don't have to be afraid to look at our 401(k), that's good. we've been feeling the chill in those overnight hours. we saw more hats and beanies on heads in walnut creek earlier today. and santa clara county has opened up a lot of warming centers. they are happening in some public libraries in response to that frost advisory pick vta is offering free bus rides to get to and from those centers. >> there's a lot of people who don't have heat. i saw two women coming here today and just sit down, because it was so cold. the minute you open those doors and coming you feel the warmth . >> that is karen kato. it was 41 degrees this morning when people were waiting in line to get inside. first alert chief meteorologist paul heggen joins me now they look at those temperatures. paul? we've warmed up from that chilly start, but we are still a good seven degrees below average. we are 50 to around

60s, 64 in santa rosa. it's still a few degrees below it's typical for early november. temperatures will be chilly once again tonight, another frost advisory is in effect for all in the parts of the bay area. i think temperatures will be similar to this morning, maybe warmer, because we will see clouds moving in later tonight . if you cover up the plants last night to make sure you do that again tonight to make sure you don't lose those, and make sure after animals have a warm place to spend the night. start getting into that habit as we head into winter over the next month or so. we will take a look at the weekend, and other rain chance may be headed our way, in just a few minutes. we are also keeping our eyes on the local races that have yet to be decided. the mayors of oakland and san jose for example, a lot of money put behind them, so let's talk oakland. that mayors race shows loren taylor is leaving his fellow city councilmember, sheng thao. let's jump the map to san jose pick city

councilman matt mahan is widening his lead over chavez . tim in san francisco, district attorney brooke jenkins already declared victory even though thousands of ballots are yet to be counted. challenger john hamasaki has not conceited. we are still learning which party will control the house and senate. natalie brand picks it up from here from capitol hill. >> tuesday was a good day for america. a good day for democracy, and it was a strong night for democrats. >> president biden thanks staffers and volunteers for their midterm wins but acknowledged they will need partisan support . >> i am prepared to work with republicans, but the american people made it clear they expect republicans to work with me as well. >> it will be weeks before all u.s. senate races are settled. >> are you ready to do this one

time? >> with george as runoff scheduled for early december. spike i warned that we might be spending thanksgiving together. >> republican challenger herschel walker returns to the campaign trail tonight. >> with gutless than a month, and i can put up with a month, because right now this seat is a lot bigger than herschel walker, and i know they are going to throw more at me, even the kitchen sink, but i can catch it took >> it's not just the georgia senate seat that's in the air officials in nevada say counting there could last into next week. >> we can't go faster now even if we wanted to pick we in the state of nevada must wait until saturday to receive any of those ballots that were put into the united states postal service. and postmarked by november 8th. the razor thin race between catherine cortez masto and republican adam maxalt laxalt is still up in

the air. control of the u.s. house means it is leaning republic, but has not been determined from coast-to-coast. natalie brand, cbs news, capitol hill. >> , thank you so much, we will continue to follow those results, and you can find updates here on kpix 5 , cbs news bay area, and always at kpix.com. >> to hurricane nicole now that is blamed for two deaths pick dozens and homes are still damaged from hurricane ian. you can hear it and almost feel it. nicole made landfall early this morning, ways, pending saint augustine, turning streets into rivers. waves pulled some right into the ocean, that's what they feared.

this was left behind at daytona beach shores. dozens of condos and homes are at risk right now. >> it's heartbreaking to look at people's lives floating away in the ocean. evacuate over 600 folks from structurally unsafe buildings. >> this is a popular stretch of fishing pier, it was wiped out like a shark took a bite out of it. it is the third recorded hurricane to hit this late in the year. still ahead, are we in the clear from fire season? an expert weighs in on our outlook thanks to the recent wet weather. and how this car is opening new doors for a bay area veteran and her family when we

about a couple covers and dozen demonstrators rallied to bring attention to climate change. they marched down battery. they are calling for more effective and sweeping policies to fight climate change. let's go to walnut creek now where a military veteran just got a life-changing gift. this is a new car, part of

a program with progressive insurance along with rent a car kylie jones is one of many veterans getting a vehicle today, we join in that praise of congratulations, and we would give you a hug if we were there too. a lot of joy going through her mind when the car was brought in. >> honestly it's just hard to believe that this is ours, that we have something reliable now, something good is happening right now. especially since everything we've been going through. >> kylie says this car is going to open up a lot of doors for her allowing her to get around once she gets excepted into school. her husband is serving abroad in germany right now, but she has been keeping him up to date on all of these moments of joy. congratulations .'s back we felt the cooler company temperatures , we had the rain, and the focus is now what

comes next. >> a chilly and damp day is a welcome sight to woodside resident rocco. specked the fire was happening, i walked around the house . >> he's talking about the edgewood fire , back in june, it threatened homes near in woodside and left people with no choice but to evacuate. >> i was coming up that ridge, and we could see the helicopters coming across right here across the street, and then kind of dropping and disappearing and dropping right on that and coming back up. specked the burn scar and scorched-earth are a reminder of the wildfire threat for several months after. but walking around his rainsoaked property to speak he feels like the recent rains have dampened the fire danger.'s back i would say i'm not too worried for the next few months probably, just because we have gotten a little bit more rain.

>> that comes in, we will get more precipitation with that of remorse of northern california. >> professor clemens, director of the interdisciplinary research center at san jose state would agree. for the next month or two at least. specked the rain we are getting with this storm track currently over california is putting an end to our rain fire season. this is one of the species we sample for looking at live moisture content. >> and the more wet the fuel is the harder it is for it to catch fire, and that is a major source of our fire moisture. if we didn't have this rain event we would be at a high risk for a catastrophic fire. >> clemens says it is impacting this fire season, and if more comes that the next few months it will impact next year's fire season. >> the more wet the spring

that will delay the fire season next summer. >> he is grateful for the rain that has fallen over the last two weeks. >> hopefully we will get some more of it, it's definitely a good thing to have it right now.'s back he says it hopes it will make a difference as it has given him a purse up close and personal encounter. people who live in these fire prone areas should be vigilant about maintaining their landscaping and making sure they have enough defensible space around their home. on the peninsula, kpix 5. >> max, thank you. ski resorts are celebrating all this beautifully fresh snow. two resorts will open a week early . mt. rose will close ahead of reopening next weekend. and people are excited. >> everybody wants to ride.

there has been a palpable buzz in town, at the grocery store, with the people coming through the shop. >> we see the restaurants fill up, the rentals , we are seeing the impact in the local economy. >> northstar announced they will open this saturday. that was boreal. other announce resorts could open next week. i wish i could blame the cold for announcing that . election pizza, i'm going to blame that. let's take a look at what's happening weather wise. we have areas of frost inland, 9 a.m., friday. i think the first half of the day we might see more clouds than sun. and then a chance of showers is going to drop it on saturday. north of the golden gate looks like the best chance. they

were talking 30%-40% chance. let's track the clouds, this will thicken overhead tonight. not substantial and enough to hold the heat at the ground , the more substantial clients will be with us tomorrow morning. then some breaks in the cloud cover tomorrow afternoon. chance of showers trying to sneak into the north bay tomorrow evening. i think that will evaporate on the way down. the more substantial moisture will be dropping into the north, saturday, approaching the north bay by noon. much of fall apart , this will be very scattered, light activity , seeing just a trace of rainfall, only about 30%-40% , potentially during late evening on saturday, and we dry up for the second half of the weekend. looks like nice weather throughout the day on sunday, and temperatures will stay consistently five or six degrees below normal for the next several days. futurecast none of these models are perfect, but they give us an idea of what to expect, not a whole lot. don't cancel

anything on saturday in case one of those showers pays you a visit. temperatures right now are still cool, the warm side to 64 in santa rosa, mid to upper 30s to around 40 degrees inland. low to mid 40s around the bay. none of these are record-setting low temperatures, but cover up the plants just in case. tomorrow, a mix of 50s and 60s in most locations, by friday afternoon. if you're headed to the niners game on sunday, they are playing at 5:20 , it will be dark if that time, because we are into standard time. temperatures will be in the upper 50s, and dropping e ga, so dress up orxt week, but it sends us back in the low to mid 60s, which is actually fairly close to what is ave for mid-november. we will see

the next chance of rain holding off after saturday until probably the end of next week and the following weekend. so after an active weather pattern recently, things are heading to more tranquil patterns through the next full week of november. >> i like tranquil. 49ers update. quarterback jason verrett is out for the season after a tough injury. he had just suffered a tear of his acl and had been off. the 49ers have a lot of fire off of their bye week, and vern glenn has more. >> this is your red and gold report . >> the offense is the healthiest it's been since the start of the season. running back elijah mitchell is back at practice . he hasn't played since injuring his knee against the bears in week one. and

deebo samuel was a full goal according to kyle shanahan. he missed the rams game with a hamstring injury. sunday night will be the first chance to see with this offense can do with a healthy deebo samuel and christian mccaffrey. >> thank goodness i'm not the defensive coordinator , it's not good to have too many weapons. the other guy could be a top-five receiver and a top-five running back. you don't know which guy you are getting. >> with the red and gold report, i am vern glenn. >> as always don't forget to recognize your favorite 49ers super fan. use your cell phone, open up the camera app, pointed at that fuzzy pattern on your screen, a qr code. it will take you to where you can nominate members of the faithful. we are highlighting super fans all season long. still ahead they are doing good for our neighbors. now

their story is shared across the country with drew barrymore, the national props for these bay area jefferson awards when we come back . watch us anytime anywhere on cbs news bay area. catch all our live newscasts, plus news an

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happening right now, and we love this story, more than than 400 oakland high students are receiving a special screening of black panther: wakonda forever. the students are from fremont and castle mont high school's. they get to watch at the grand lake theater. much more in their experience their heart opening expensive experience on news at five. national props for their bayview district . recently friends at the drew barrymore show shared their inspiring mission. >> jamil patterson and jean crawford are on a mission to rebuild their communities and empower local black-owned businesses with their community

leadership foundation. they walked door-to-door assisting black entrepreneurs with everything from securing grants to receiving small business training to rent relief. they already helped several dozen entrepreneurs secure nearly 1 million dollars in grants this year. i know you love small businesses, this has got to speak to you. >> i really do, and i work with big retailers and small retailers, we do small business gift guides. everybody shops differently. there has to be a way to support everything and everyone, and the story really speaks to my heart. it's so important for us to support small businesses. it's so inspiring. >> thanks, drew barrymore, thanks ross, for this inspiring story. the key is to activate our community and get people involved , and build some bridges. they raised $1 million in grants to revitalize the fillmore turk mini park for the last black park in the area of

fillmore, and they want to use it for community and cultural events, bravo, proud of you. coming away we usually throw away chopsticks. one business is transforming chopsticks keeping tons of waste out of landfills. >> i'm steve hartman. coming up on the cbs evening news, penny jerry really should get an oscar. look at him, pretending like he just happened to run into an old friend at this restaurant, when it was a ruse to surprise a fellow veteran with a life-changing gift. >> that's my goal, and it will be it for me. >> meet

coming up at 5:00 we expect an update on the race to become oakland's new mayor. more on that vote count around 5:00. liz cook and ryan yamamoto are coming up at 5:00 right after the cbs evening news. before we go, check this out. a business called chop values, turning millions of used chopsticks into furniture and home decor. it's through a process of sog,r s. location in las vegas. it has several other obably floors way

>> i just don't want my florist is like soy sauce. >> that's it for gianna ioning s >> o'donnell: tonight, the deadly damage caused by tropical storm nicole after making landfall on florida's east coast as a hurricane. homes and buildings collapse into the ocean as hundreds of thousands are without power. cbs's elise preston is in hard-hit daytona beach. >> it's heartbreaking. i'm down for pretty hard times, i think. >> o'donnell: a security threat, an international flight bound for the new york area is forced to turn around. the latest reporting. the stock market soars with hopes inflation may have peaked but credit card rates have reached a new record high. cbs's lilia luciano for what it means ahead for you in the holiday shoppings