the fiat used to chauffeur pope francis is for sale. here's an up-close view of the leather-seated fiat 500l that's up for auction on line. the pontiff used the gray metallic-colored car in 2015 when he visited our area for the world meeting of families. the pope gifted the car and another like it to the archdiocese of philadelphia. before he left, he challenged everyone to help others. so the archdiocese saw a unique opportunity. >> we decided to auction off the fiat to support our annual catholic charities appeal. for nearly 60 years, the catholic charities appeal has supported charitable ministries in our archdiocese that care for the homeless, the hungry. they support schools with special education. they really do reach out to folks who are on the margins, who need help. >> the archdiocese auctioned off the other fiat last year to auction, at the auto show. current online auction again ends tomorrow. we just checked this morning. the highest bid is at $39,999. >>> we'll take you state by state and county by county for a look at stor

we checked this morning, and the highest bid for the fiat now is at $39,999. >> getting in on that?don't think so. >>> an evening of glitz and glamor last night. "philadelphia still yle" hosted soiree. the holiday party celebrates the city's fashion and style scene. >>> loyal lakers' fans paid tribute to a legend who grew up on the east coast. and in our area, more specifically, wilbur marion. the five-time champion kobe bryant had his 8 and 24 jerseys retired. kareem abdul-jabbar and james worthy other also on hand as numbers were immortalized. bryant has become the first player in any professional sport to have two numbers retired for him. . if the eagles beat the raiders christmas night, they won't have to leave the linc for another game until the super bowl. >> right. while the birds' fans will take any kind of win, most of us including coach peterson hope for the rest of the season they can come down a little bit more dominant than what they were on sunday. >> i don't know if we had the normal swagger like we do -- >> that's doug peterson talking to his birds after they clinche

fiat, quite a number of big, us -based. .. star fiat, quite a number of big, us -based.... —— amazon. this one is interesting because it isa this one is interesting because it is a european company, the question is a european company, the question is whether setting up two different groups within ikea, whether they because of transfer pricing, whether the company tried to reduce its tax bill in its home country and i would assume this will go on for a while. the european union has this issue that there are different tax rates between countries and there are countries that are trying to encourage business investment by offering better deals than other countries, which, if you are moving towards the smaller streamline the european union where you have a common currency, it doesn't really work if you have aggressive tax—cut addition between member states. absolutely. lastly, iam addition between member states. absolutely. lastly, i am glad we had time to get to this. how embarrassing. and navy‘s new £3.1 billion carrier, it was only launched about 12 days ago and it will cost

here's an up-close view of the leather-seated fiat 500l up for auction on line. the pontiff used the gray car in 2015 when he visited for the world meeting of families. the post gifted the car and another just like it to the archdiocese of philadelphia. before leaving, he challenged everyone to help others. the archdiocese saw a unique opportuniti. >> we decided to auction off the fiat to support our annual catholic charities appeal. for nearly 50 years, the catholic charities appeal has supported charitable ministries in the archdiocese that care for the homeless, the hungry, they support schools with special education. they really reach out to folks on the margins who need help. >> the archdiocese auctioned offer the other fiat last year at the auto show. the current online auction ends tomorrow. we have a link on nbc10.com and our nbc10 app. the highest bid right now is about $40,000. >>> now to nbc responds. a viewer said she was owed money for a certificate of deposit purchased decades ago. >> we had to go back in time. it involves three banks over 25 years.

the second of two fiats used by pope is being auctioned off for charity. proceeds benefit the 2017 catholic charities appeal, the first fiat 500l was auctioned off during the auto show black tie tailgate gala last year for $82,000. parodontax, the toothpaste that helps prevent bleeding gums. if you spit blood when you brush or floss you may have gum problems and could be on the journey to much worse. help stop the journey of gum disease. try parodontax toothpaste. ♪ breaking news from washington state. an amtrak train derailed south of seattle dangling from the overpass. the train hit cars when it careened off the truck. the car landed upside. >> we have multiple fatalities and injuries. first responders have converged on the area and ntsb is closely following the investigation. "action news" will bring you the latest on the breaking news story from the pacific northwest online and on air at 4:00 p.m. >>> that's it for "action news," don't forget to join us later for "action news" at 4:00 p.m., 5378, -- 5:00 p.m., and 6:00 p.m. >>> now for david murphy, sa

coming up how you can get your hands on the fiat the pope himself rode in philadelphia. cecily interested. >> no, but you know what i want? i want a convertible and put the top down because today we made it up to 60 degrees, that's 6 degrees above normal. tomorrow even warmer. i'll let you know how long the springlike weather sticks around in the accuweather forecast when "action news" returns. >> ♪ >> health check tonight. the fda is trying to crack down on homeopathic drugs that can do more harm than good. >> health reporter and registered nurse ali gorman at the big board with new details. >> agency proposing stricter enforcement saying it will target products that pose the greatest risk. those are the ones that include targeting kids or elderly products that come in the form of an injection, products that could have potentially dangerous ingredients and also ones that claim to treat a serious disease. in the past the fda has issued warnings about nasal sprays containing sink. like dietary supplements the agency doesn't review safety or effectiveness of homeopathic pr

. >>> we are on top of a developing story about a massive truck recall from fiat chrysler. the company that makes dodge vehicles are calling -- are recalling nearly 1.8 million ram trucks because the driver can shift out of park without a key in the ignition or without putting a foot on the brake pedal. this is only where the gear is on the steering column and we have listed the specific models on our website. fiat chrysler says it will contact owners to schedule repairs. >>> more from prince georges county, there is a lot going on in the life of andrea greenwich. home with the hospital -- now that she has home from the hospital and bonding with her baby. she was set on fire last september, allegedly, by her boyfriend. she suffered burns over most of her body and had to deliver her daughter six weeks early.>> i did not meet her until she was two months and lately, we have been able to bond. and then, i got limited use in my left hand so it was kind of difficult to do things with her on my own. every little milestone to me, i called my mom. [ laughter ] i never thought anyth

other alternatives to be fiat currencies, gold and silver. even though the dollar is higher -- typically you don't see that. interesting to see all of this at work. with the bitcoin down so much, crypto-related companies are taking a big leg lower. lots of microcap companies are getting into the crypto space. overstock.com, e-commerce retailer. they also have a crypto segment. riot blockchain come along thin, and long island i've been iced tea, which at one on is thatp 290% they are changing the name to long blockchain. some are saying that the bear market rule for the other asset classes not apply to bitcoin. when you do that sometimes from you have to wonder o whether or not that will work out. g #btv 2360, to look at the air markets for bitcoin. the 50-day moving average, 100-day moving average, that represents medium-term support, but a lot of the dips down to my previous bear markets this year. look at the bear market we have going on this week, much more than the previous dips. movinghe 100-day average. past trading action would suggest

a fiat currency is backed by a state. value of fiat currency, through the actions central banks take. bitcoin is not that. it's a commodity, it's not a currency. would it make your regulating of financial stability, protecting consumers, easier, if you had more powers in this area? i don't think bitcoin is prevalent enough at the moment to be a systemic threat in the way that we've experienced obviously during the financial crisis other threats. it needs watching carefully, but i don't think it's at that point. if i thought there was evidence that people are saying, "you know what i'm going to put my pension into, bitcoin", i would be very concerned. now, we don't see that at the moment. maybe it's part of the big portfolio, but again, if it is, it should be done by people who say, "i don't mind losing all the value of that piece". some people might say the technology is leaving the regulators behind, that you're racing to catch up and you simply don't understand how that market working. so there's a whole new technology

and then after the visit it was sent back to fiat chrysler.returned it to factory specification, before sending it to us, however, what i can guarantee is the seat, the holy father sat in is the actual seat in this car. >> actual seat. the windows were little different. they were -- >> quite possibly, not sure with the security specification was on that, but if so they were returned to factory specification. >> let's look at the back seat here, where the holy father was sitting, and actually had a special armrest? >> had special armrest for the visit in philadelphia so co-rest his arm, wave to crowds, but this is the exact seat he sat in, looking out this window, seeing the face of humanity in philadelphia, this is a true piece of papal history, true piece of philadelphia history, doesn't get better. >> let's go inside. let's start this bad boy up if you will. once again the 500l, one of two here in philadelphia. the one last year went on the auction block, right. >> correct. we did auction one off last year. and that benefitted catholic chari

the first fiat 500l fetched $82,000 during an auction at last year's auto show black tie tailgate gala>>> students in delaware are on a mission to send energy and light to puerto rico. the colonial school district collected more than 7,000 batteries for victims of the hurricane. they far exceed the original goal of 1,000 batteries. a teacher at wilbur elementary school organized this effort with churches that will distribute the donations. students took time this morning to count d sort the batteries. the seeds of greatness church in new castle is paying to ship everything to puerto rico. >>> coming up on "action news" tonight, a little girl's mission to collect christmas gifts for friends in the hospital lives on despite her death two weeks ago. we'll see a remarkable show of support today. >>> the eagles win but there's some issues. issues with the defense. you think? we'll have reaction from the team ahead coming up with ducis rodgers. cecily. >> well, temperatures are on the rise. over the weekend we were in the 40's. today we hit 50 degrees. that's 6 degrees above average. gets ev

fiat chrysler is trading lower. overall, the expectation is for november to be helped by incentives and early black friday, and even perhaps continued hurricane activity. a mixed bag right now in terms of how these stocks are trading in the u.s., mark. mark: 90 minutes left of the weekly session. oil and gas, our biggest decline or's. technology on track for a third weekly drop, down by a fifth of 1% today. retail, the best performing industry group. the pile,, bottom of down by 4.8% this week. the stock -- the stoxx fell. datais a great piece of from the u.k. today. factories reporting their strongest growth in more than four years in november. firms reporting strong domestic and export demand. the picture in ihs markets's latest manufacturing, a similar upbeat. this is at the highest level since 1998. a positive sign, investment goods rose at the fastest pace in more than two decades. sterling is lower today. it is still on track for the biggest weekly gain since october, fourth weekly gain in a against thea row d

fiat chrysler. they've just recalled 1.8 million pickup trucks.rum of ram heavy duty pickup trucks dating back to the 2009 models. the gear shifters could accidentally switch out of park. seven people have been hurt and a small number of crashes have been related to this defect. also tonight president trump signing tax bill officially into law. said they dec

. >> we decided to auction off the fiat. for nearly 60 years now the catholic charities appeal supported ministries that care for the homeless or the hungry. they support schools and special education. they reach out to those who really need help. >> the archdiocese auctioned off the other fiat. the current auction ends tomorrow afternoon. we checked and the highest bid is $39,999. >>> well, we have had an up and down december temperature wise. today is one of the ups. the average high is only 44. we are already into the mid-50s in parts of delaware where there is more sunshine and even with the clouds we are seeing places in the 50s even at this hour of the day. it is 55 in new jersey. it is 54 in cherry hill. so much of new jersey is in the 5 50s. some places 10 to 12 degrees warmer than they were 24 hours ago including coatsville and wilmington. if it feels warmer to you, yeah, it is. the clouds mostly in northern parts of the area had a couple of sprinkles earlier today. delaware looks like the sunniest spots. we do have

. >> his whole life he is totally controlling everybody's regular fiat cash. to say bitcoin is a good thing? it should scare him. he is seeing people take money out of his bank and put it into coin base. of course he is going to say that stuff. you have to look at who is the messenger. >> there are a lot of people who are worried that because of its volatility that it is not a great store of value the way it is being touted. do you think they have a point? >> i would say volatility against what? people ask me if i'm going to sell my bitcoin. into what? it's like taking gold and turning it into shells again. we know the future of currency will be this kind of currency, a cryptocurrency. there is no reason to go back in time to fiat when you can move forward and say this is the new currency of the future. the volatility is the panic in the other currencies saying wait, this is a better way for all of us to do commerce. this is a better currency. so why are we in this old currency? so they will bounce around relative to the cryptocurrency. it is backwards from th

it will be a strong one according to fiat chrysler's ceo. torchionne develop high energy propulsion as part of a five-year business plan before retiring in 2019. rexall is considering a partial or full sail of its sale in gas natural out. raise $4.4uld billion for investment in renewables. talks are in the preliminary stage, according to people in late with the matter. that is your bloomberg business flash. let us turn over to oil. opec and its partners are extending cuts to the end of 2018, continuing the campaign to take back from american shale producers. the unprecedented alliance between saudi arabia and russia confounded skeptics. much matter very what we have done, and we see an increasing level of compliance from opec countries. the numbers from october are encouraging. we expect november to reflect this as well. agreed to another meeting in june, which will give us another chance to get together and assess the market situation. also to assess what needs to be done. in ed l from bring emirates. also with this is ryan lamotte. ed, i s

fiat chrysler is in talks with hyundai about developing hydrogen engines.s as electric cars establish themselves as the dominant post fossil fuel technology. monday initially led the drive toward fuel-cell vehicles, that it is followed by toyota in terms of sales. fiat back away from hydrogen power earlier in the decade and says there is potential in the technology. isid: cbs is buying -- cvs buying aetna, creating a retail giant. $207 perpricing and share. remy was just talking about cars, in a moment, we will get back to that theme. cheap loans are growing car buyers back into the showroom. what is that story about? stick with us, we will run through the numbers, next. this is bloomberg. ♪ ♪ -- david: it is 7:30 in hong kong. we are just about 30 minutes away from the open up markets in tokyo and seoul. figures across. 6:30 in new york, a very chilly evening. markets close down about 2/10 of a percent. 1.6% ine been as low as early friday training -- trading. that was a result of michael flynn coming out and saying he would plead guilty to perjury to offi

47 years into our fiat money regime. so what does bitcoin and block chain represent? with respect to what are the failures of a fiat regime? it's backed by nothing. so, as opposed to gold-based money which is considered a hard currency. but we don't need the hard currency anymore if we have something that's sort of a virtual currency that everybody can hold this their, in their wallets. so that's exactly -- but if you take a look at what happened when the united states was most competitive, it was in the 19th century, you know? prior to us being a central bank. when there was issues about really who even -- because the constitution was first formed had defined the u.s. dollar in terms of gold and silver. so we went through a period of time where we had no deposit insurance, no no central bank, lots of bank failures with very small amount of deposit or losses. so we had a financial system that people basically trusted. and through that system, the country grew. and then we created the fed, then we created the tax code, th

fiat chrysler up 1/10 of 1%.d than expected. , suv sales coming in a strong. is it payback from the hurricanes or is it really recovery and growth? taking a look at tech stocks, we want to go to alibaba. looking at alibaba being down for a fifth straight day. overall, chinese internet stocks not hit after the selloff in tech yesterday. macron as well. -- micron as well. key bank crediting lower man prices -- nan prices. taking a look at where we are now versus where we will be -- this is the time of year where we get our s&p forecast. this white line is the s&p as of yesterday. bottom ofine is the activated s&p estimates. we are looking for a 9% gain -- analysts are looking for a 9% gain in the s&p over 2800, versus where we are now. not necessarily factoring in any kind of tax reform. bloomberg intelligence says the 2775.alue is what will the risks be? jonathan: thank you. joining us is gina martin adams, bloomberg intelligence chief equity strategist and jim paulsen of lewd hold -- leuthold. -- can you tell us

. >> it's one of the fiats that's for sale. the pontiff used the fiat when he visited for the world meeting of families in 2015. the pope gifted the car and another just like it to the arch diocese of philadelphia and he challenged everyone to help others. so the arch diocese saw a unique b opportunity. >> it's supported charitable ministries in the arch diocese that care for the homeless or the hungry. they support schools with special education. >> the online auction ends tomorrow afternoon and at last check the highest bid is just under $40,000. >> i can kind of see glen driving around in that. >> he would look good in that. >> i think so. other than the drop top. >> absolutely. ride in a convertible around here today. you might not be able to do that after today. it's going to be warm on saturday, but youen won't do it because it will be raining. it's 57 degrees. the average high is 44. so pretty warm. southwest wind helping to do that along with the sunshine. we're well into the 50s across pretty much the entire area. the

fiat chrysler is in talks about making hydrogen engines. that area but they have fallen behind. fiat backed away from hydrogen power earlier this decade but says there is potential in the technology. let's have a look at these reports out of japan, saying jarrett is finalizing negotiations to buy -- says the cost of the deal is yet to be decided by an announcement is expected by the end of next year. jera agreed to buy edf whole. here. justin trudeau is in beijing on a trip. free trade and it-- lets discuss all this with peter all. -- hall. pleasure to have you. viewers,ground for our give us a sense of what you do and whether or not you are busy recently. >> we are very busy right now. we have very aggressive growth targets as we go forward. we are candidates export credit agency. most developed nations in the world have an export credit agency. we provide financing and insurance solution for canadian companies going abroad and create opportunities for them in many markets of the world. 20 international offices would facilitate that throug

in one hundred twenty three and why do i do now leader fiat's started the marriage with the club and then handed the reins to his son john and since then it's been passed down for every generation the battle was next and then came the black sheep. on the run into a spot of bother and got a warning back to selling tickets to hooligans on the black market and number one liverpool it pains me to admit as a manchester united fan but no club has a better song. it's some before every match and creates a real family bond between the club and the supposes the fans have an incredibly close relationship with the club and go through thick and thin titles and tragedies and tragedy struck in one thousand nine hundred eighty nine when ninety six liverpool fans died at the f.a. cup semifinal in hillsborough the whole city came together to get justice for the ninety six and the club incorporated the words you'll never walk alone in that badge that created a bond as strong as family ties so that's my top five family clubs do you agree let's know what yours are. shanley's following in the footsteps of

. >>> remember that fiat pope francis was driving around in our area in philadelphia, one of the two?oday's last chance, if you would like to own it yourself. a second of the two fiats used by the nope 2015, it is up for auction, but the bidding ends at 2:00 this afternoon. you can bid on charity buzz. com as of right now the highest bid, $40,000 for a piece every history. >> let's talk about a miracle baby. there was a baby, if you can wrap your head around this one , conceived in 1992, but wasn't born until last month? there the baby s we'll explain >> this is fox 29 sports in one minute. >> good morning, i'm kristen rodgers, the eagles defense raised some questions in their win over the giants, especially, after new york scores three straight touchdowns. the defensive coordinator jim swartz says it is time to step up the urgency. >> what got us out that far is the urgency, and the the feeling of giving up three straight touchdowns. it shouldn't take that. it shouldn't take giving up three straight touchdowns to get that. we need to come out with more fire. >> the eagles had six pla

chrysler is in talks with hyundai motor company fiat shares are up nearly 3%. >>> switching to italianle maker prysmian is trying to buy general cable. check out that stop, general cable up 30% exxon mobil weighing into egypt's off shore oil and gas. they're looking to replicate rivals' success in the country and to boost its reserves. >>> still ahead on "worldwide exchange," brexit talks taking center exchange. they're expected to meet this week indeed, theresa may llwi be meeting john claude juncker any minute now >>> welcome back to "worldwide exchange." if you're just getting up, let's get you up to speed on the market action. u.s. equities a positive open. 208 points the dow up 15, nasdaq up 26. last week it was quite divergent performance. the s&p is up 1.5% dow up 2.8%. this positive coming from the fact that the senate, of course, passed the tax reform legislation late on friday that of course playing into positive tone this morning >>> asia was mixed but europe has a positive tone as well. we have the likes of germany up more than 1% albeit it was down more than 1% last week i

. >> and remember that fiat that pope francis was driving around during his visit here to philadelphia, there he is, getting in. there was two of them. if you would like to own one tt is your las because that second of two fiat's used by the pope in 2015 i auction. so you can be a holler roller. bid willing ends at 2:00 this afternoon, you can bid the website charity buzz, the mondayly go to charity, as of this morning, the highest bid, $40,000. >> 5:23, right to the breaking >> good morning, everybody, 59 , remains closed in both directions cents. between 413 and street road. a crane mishap on the overnight in the construction zone. forcing the crews to cut apart the big steel beam. bottom line, we're all pushed onto a detour through cried on , there is a live look at the crane in the operation, we'll have the rest of the mess when we come right back. ♪ toyland, toyland ♪ little girl and boy land ♪ while you dwell within it ♪ you are ever happy there daddy, it's christmas! ♪ childhood's joy land never let go of your dreams. the mercedes-benz winter event is back. lease the glc300 for

. >> i get it's a fiat currency like the u.s. dollar, i totally get that, but there's only one u.s.lar and the supply is controlled by the federal reserve. cryptocurrencies seems to be thousands of them created by countries all over the world, so i don't understand how they retain value >> i think they retain value because some of them are more well known than others, just like websites or newspapers or anything like that and, you know, bitcoin isn't really a fiat currency it isn't controlled by any country and a lot of these things are controlled by people. >> charlie, what is moving the price of bitcoin and litecoin? what's the fundamental that's underlying it, and is there any reason to believe that you believe it can't come down just as quickly as it's gone up charlie? maybe we lost charlie. neha, throw that one to you. is there anything in the way these cryptocurrencies are moving that tells you what's fundamentally driving them and if there's a reason they can't come down as quickly as they've come up? >> i think it's true they can come down as quickly as they've come up. to m

one, money will go to the catholic charities appeal. >> it seems like just yesterday the pope and fiate here. >> it does. >> time flies. >> kate joins us now with the forecast, mild today but those temperatures where to go, for a little bit. >> they are, yes. today was colder then yesterday. tomorrow is even colder then today and then we will start to climb backup again. >> and back down again. >> you just cannot level off 50's to the 40's to the 60's but tomorrow, fittingly is start of winter, the winters solstice at 11:28 tomorrow morning, that is when it officially flips to winter, shortest daylight of the year but good news, friday, not quite as short and we will start to climb backup as we head toward the springtime, days, but we're still along way from that. lets talk about what we can expect, we will go out to our camera, in plymouth meeting mounted high atop the place one apartments. i wanted to show you how busy it is. out and about it vice busy, people staying put, doing last minute shopping, grabbing their ingredients and people that are hitting the road and heading out to v

. >> fiat chrysler is recalling two million pickup trucks.shift out of park if the drive's foot isn't even on the brake or if the key is not in the ignition it can happen. it covers model years from 2010 to 2017. seven people were injured because of that flaw. >>> so do you still have some old gift cards sitting around from christmases past? you're not according to wallet hub, almost $1 billion in gift cards went unused in 2015. if you're not going to use them, why not sell them. just know this, not all gift cards are created equally. some have better resale values. netflix is number one followed by best buy and wal-mart. apple and apple beats rounds out the top five. >>> now that the gifts have been ripped open, do you like what you see. >> yeah. >> or facing a mountain of returns under that christmas tree? well, no. i'm doing okay. before you hit the stores, meg oliver brings us strategic holiday return tricks. >> reporter: it is the most wonderful time of the year until -- >> do you look forward to returning gifts in. >> no. >> reporter: s

also, fiat chrysler announcing a major recall pulling nearly 1.8 million ram trucks off the road. the auto company says the trucks could be shifted out of park without the driver's foot pushing on the brake. the recall is mainly in north america and includes models between 2010-2017. more news as it breaks. i'm leland vittert in washington , now back to cavuto on business. >> the united states will remember this day in which it was singled out for attack in the general assembly for the very act of exercising our right as a sovreign nation. we will remember it when we are called upon to once again make the world's largest contribution to the united nations and we will remember it when so many countries come calling on us as they so often do to pay even more and to use our influence for their benefit. neil: just saying we're going to remember that's all i'm going to say. i'm going to leave it at that. we're going to remember. >> [laughter] neil: holy toledo. u.n. members overwhelmingly voting to discredit president trump so there you saw ambassador nikki haley saying we're going to

fiat, hear it and you should be moved by that, if you will. —— see it.is process play out. that was roy moore, of the republicans, who, as you can hear, is under willing to accept the outcome. david willis is our correspondent in washington. a very interesting outcome of this key election in alabama. how big a blow is this to the republicans and two donald trump? ——2 donald trump. it isa it is a big blow. as if this compelling race wasn't compelling and tawdry enough, roy moore, the vanquished, refusing to concede the result, as you havejust vanquished, refusing to concede the result, as you have just mentioned. he urges his supporters to go home and wait for the full counting to be done. now, under alabama and wait for the full counting to be done. now, underalabama law, if the result and the margin of victory if less tha n result and the margin of victory if less than half a percent, it is incumbent on the secretary of state to hold a recount. the defeated candidate mr moore would finance his own right —— recount and that would be from his own. that is

how you can get behind the wheel of the fiat that drove the pope around philadelphia. the price is hearst, but i'm not sure -- is hefty, but i'm not sure about having that sitting around. cool to own. >>> good morning, welcome to "nbc10 news today." i'm tracy davidson. >> i'm katy zachry. 5:30 on the dot on your tuesday. meteorologist bill henley has the most accurate neighborhood weather forecast. >> katy, a warm start this morning. like yesterday morning, i'm tracking light showers. they have not reached boathouse row. there are clouds over philadelphia right now. you may see a sprinkle to start. you see those showers are moving in from the west. we're only talking rain showers here. it's too warm for anything else. no chance of slipping and sliding from icy conditions. that's not going to happen. a few sprinkles in chester county, lancaster county. we've seen a few raindrops in berks and montgomery and even into the lehigh counties to start with. most of the day, dry. yes, we're starting off with the clouds and a few sprinkles. as the day goes

but the folks who believe in it say, hey, fiat currencies are worthless, right?ed action they had to the take. that's manipulation. fiat currencies are manipulatedç they don't like the idea of major governments being able to be involved. this takes out the middleman. there are true believers in bitcoin beyond this period of hype right now. >> well, very few people have criticized the fed and fiat currencies more than i have over the last ten years. i've written four books on it. bitcoin, yuan, euro, dollars, whatever, they're all based on confidence. confidence is easily lost and hard to regain, and i agree with john's analysis. once this thing breaks, the confidence will be gone forever in bitcoin. charles: want to switch to taxes because the wall street saying $400 billion in corporate cash set to come back home. john, what's your take on that? >> it's going to be good for shareholder ors -- charles: before i -- let me just ask, 400 billion seems like a low number to me. >> overall we have about $1.3w trillion in cash held overseas by u.s. companies, so it prob

ford did better than expected with sales up more than 6%, while business for gm and fiat chrysler was down slightly. trucks and suvs are in demand. ford had its best november sales of the f series pickup since 2001. while the average price consumers paid for a new gm model hit an all-time high of $37,000. overall, 2017 is on track to be one of the five best years ever for the auto industry. on pace for a third straight year with sales topping 17 million vehicles. but the head of the national auto dealers association says sales will cool off next year. >> we're expecting over 17.1 million car sales this year in '17. and for '18, we're expecting about 16.7 million. so it's still a great robust market for automobile dealers as well as for the consumer. >> reporter: for buyers, the best news is that year-end deals will be fairly rich. and with consumer confidence at its highest level in years, even those who don't buy a new car or truck this month are likely to continue looking as we head into the new year. phil lebeau, "nightly business chicago. >>> profits disappointed at clothing retai

the likes of apple, starbucks, amazon and fiat have all been forced to pay billions of euros of backchool children will begin paying into a workplace pension scheme by the time they're 18. ministers hope to extend the the automatic enrolment scheme to include all british workers aged 18 by the mid 20205. the change will affect almost a million young people. urgent action is being called for to tackle the state of britain's mobile phone coverage. although there are four big network operators, almost a third of the uk can't get signal from them all. 4g mobile phone coverage is even worse — with the uk falling behind albania, panama, peru and romania in the coverage stakes. lets start with pensions. how many of you did the school drop—off this morning? you've probably never thought of your kids being in their sixties or seventies, but pensions could be creeping into the conversation far sooner than you might think. children of today could be starting a pension as soon as they're 18. that's the plan. it's all part of this push by the government to prepare the public for old age. the chan

. >>> let's get right to it because autos have been kicking into high gear shares of fiat up 70% in thet few months, ford up 13% all those stocks are on pace for their best annual performance since 2013 could any of these names jump-start your portfolio as we head into the new year let's get in the money right now. dan is taking a look at gm today. >> yeah. so as of like six months ago, think detroit automakers were kind of left for dead, trading near their 52-week lows. it was autonomous vehicles, it was electric vehicles, it was just all these technical or technology themes that are playing very well with some of their competitors, with some private companies like uber and waymo, part of alphabet, that sort of thing. all of a sudden, gm stock rallied 30% from september to late october, early november on that point on the show, i was kind of feeling that move, it was too far, too fast. gm has pulled back i think those themes will be important in 2018. it can be a great investment thesis that chart right there, we'll speak to it, i like the breakout, it pulled back to that breakout leve

turning back this is the collapse of the nation state and the central bank and the fractional reserve fiat's money system big calling is to banks what the printing press was to the catholic church it collapsed it in many ways this is the end of this era this is the new beginning this is about everyone having autonomy and sovereignty with their own money. here's what people have been saying about rejected and then it was doing exactly this full on ourselves with the only show i go out of my way to find you know really what it is that really packs a punch oh yeah it is the john oliver of party americans do the same thing we are apparently better than the movies. and see anybody. never heard of love or doubt for the night my brother the world bank so very. briefly sent us an e-mail. welcome back police in the u.k. have to tame four men in a series of raids aimed at forging a suspected christmas attack well sources said the arrests came from intelligence received during an ongoing investigation one suspect owns a fish and chip shop which was raided by police and an bomb squad security officers e

they were based on a fiat design, made more sturdy for cold russian winters, and ery 23 seconds.ced a ladat was ♪ ♪ soviet commercials portrayed them as family friendly and unquestionably solid. ♪ ♪ advertisements for the four- wheel-drive niva model included the soviet national anthem, and sent a lada into space. ladas are still in production, and some sport new designs. at the track, most don't look like much. mostly they're race-worthy, even if some young russians don't see the soviet past with nostalgia. >> ( translated ): maybe there is some patriotism. because our cars are so bad, they're not valued anywhere. driving them sort of a challenge to the world, that we can drive like the japanese, even if we drive such trash. >> ( translated ): these are horrible cars. they break all the time. there are no high-quality parts. but they're cheap! >> reporter: dima nekrasov says he's constantly afraid his lada will break down. >> ( translated ): very afraid. it falls apart while i'm driving, and i have to put it back together often. >> reporter: on youtube, you can find dozens of videos

fiat chrysler recalling 1.8 million pickup trucks. it is recalling trucks dating back to 2009.ny says seven people were injured in accidents possibly related to the problem. >>> up next, the teacher going the extra mile. an amazing story. this teacher seeing his students lacking warm clothing. he decided to solve the problem himself. that story, coming up. mpassion . he spent decades fighting to give families a second chance. but to help others, they first had to protect themselves. i have afib. even for a nurse, it's complicated... and it puts me at higher risk of stroke. that would be devastating. i had to learn all i could to help protect myself. once i got the facts, my doctor and i chose xarelto®. xarelto®... to help keep me protected. once-daily xarelto®, a latest-generation blood thinner... ...significantly lowers the risk of stroke in people with afib not caused by a heart valve problem. it has similar effectiveness to warfarin. xarelto® works differently. warfarin interferes with at least 6 blood-clotting factors. xarelto® is selective, targeting just one critical fact

. >> glor: today, fiat chrysler announced a worldwide recall of ram trucks. the auto maker says steering column gear shifters may accidentally switch out of park. the recall covers 1 .8 million heavy-duty pickups dating back to the 2009 model year. it also includes some light-duty pickups. for a detailed list go to our website, cbsnews.com. now a look at some of the other stories we're following in this evening's newsfeed. new home sales are booming, up 17.5% in november, the biggest one-month gain in more than 25 years. sales were strongest in the west and south. bitcoin has boomeranged. a month ago, one bitcoin sold for about $7500. it zoomed to nearly $20,000 by sunday. then came a sell-off. today it was down to just over $13,000. tonight's the deadline to get your two cents on a proposed entrance fee increase at national parks. for pars from $25-$30. motorcycles, $15-25. the fee for people on bike or foot would double to $30. and there's much more ahead on tonight's cbs evening news. >> it's not about the need. it's what you do in your community and walki

has doubledock since it spun off from fiat-chrysler last year.minate the discussion on the market. this is bloomberg. cannot live without it. so if you can't live without it... why aren't you using this guy? it makes your wifi awesomely fast. no... still nope. now we're talking! it gets you wifi here, here, and here. it even lets you take a time out. no! no! yes! yes, indeed. amazing speed, coverage and control. all with an xfi gateway. find your awesome, and change the way you wifi. kong is 8:00 a.m. in hong and we are live from bloomberg's asia headquarters. welcome to "daybreak asia." asia-pacific markets signal of next start -- a mixed start. the rba governor conference he is no fan of bitcoin. he says it appeals to criminals, and the surge is speculative mania. betty: it is just after 7:00 p.m. in new york. toshiba ending a dispute with western digital. they will abandon a lawsuit and invest in future chips. in alabama, a vote that is too close to call. we will be live in montgomery, alabama in a few moments. ♪ we have more breaking news com

fiat currency. it's not an alternative to gold.ve about the bitcoin development is actually block chain and that instant transfer of ownership. you take gold and add block chain, then you have an interesting topic. >> some have been doing that. if we talk block chain, we will be here forever. eric, your reaction to the hacking. >> i think it is on the mind of everyone who owns their own currency or an investor. if you own bitcoin, you can hang on to your own key. it is incredibly secure. it is not about the security of bitcoin, but it is about the security of where your bitcoin is and who is providing or services. if you notice, the hacking is taking place at individual companies, and bitcoin is being transferred securely to the wrong person. >> up next, debt downgrade. south africa's local currency debt is cut to junk. what does that mean for emerging-market investors? all of that next. this is bloomberg. ♪ is this a phone? or a little internet machine? [ phone rings ] it makes you wonder. shouldn't we get our phones and internet

holding online all year it's a much better joke if you saw yesterday's game. 500-sl is one of two fiatsd his holiness during his visit. another sold for $82,000. it would have fetched more if it hadn't been keyed by a chick in a mullet. they are hoping to fetch $300,000. they are expecting the top bid to come from out of town because as any eagles fan will tell you. philly never wins. topic number 5. a lot of nfl fans were wondering what the rest were smoking during the patriots-steelers game. it turns out we might know. a 100-foot joint was rolled at a massachusetts marijuana expo. though the game was in pittsburgh. it's math mathically possible the guys who rolled it could have made it there in the left lane. we don't believe the refs were smoking pot during the game. but they are going to investigate the ref who made it as well as his seeing eye dog. "star wars" fans flock to theaters nationwide. do libertarians have a special connection to the film saga? we are talking "star wars" and politics. get excited next. ♪ traders -- they're always looking for advantages. the smart ones look

we want to make sure we have tight liquidity tween xrp and fiat.go into the mexican peso. we want tight spreads between the mexican peso and xrp. work with exchanges globally to make sure there is good liquidity to deliver on that. cory: that was the ceo of ripple. cyber currency are unprecedented. among the biggest, hong kong blockchaink -- ubi internet. i talked about the blockchain bump. this is a prime example of what is going on the past month or two. there is a juice maker that puts blockchain in its name. bra maker thatts puts blockchain in its name. cory: a sports bra? >> who would have thought blockchain could happen get -- could help the manufacturing of that. blockchain, adding that to the name is like the late 90's early 2000's when companies were adding .com to their name even though they have note -- nothing to do with the internet. their stocks with surge. it is deja vu all over again. cory: i would look for things along the line of the trend. that did notmpany have a wireless product. when i saw this, i do not know if it was fake or

two main companies-- i guess the three main companies in detroit that are manufacturing automobiles, fiatchrysler, ford, and general motors. do you ever run into the other ceos very often in michigan or in the shopping centers or wherever you go or--? not so much at shopping centers. i might have a different shopping pattern than they do. but... [audience laughing] i like to shop. but... you know, i would say at events. you know, clearly at events, you know, whether it's the detroit grand prix or at meetings such as this, often, you know, we'll be in the same place. so for relaxation, other than retail therapy, which you've got it once, what do you do? are you a golfer? do you ski? what do you do? well, i would say, you know, at this point, a lot of my free time has been dedicated to going to my children's sports. hockey, soccer, cross-country, football. so i'm a hockey mom and a soccer mom. and i've watched a lot of sports. as that chapter ends, i am starting to take golf lessons. and that's probably all the time i have-- have time for right now. i would suggest miniature golf. it's less

sometimes people can't get their fiat currency in and out.has been different at times from other exchanges. about getting sophisticated players into the ecosystem. beenutures product we have building and his life right now, the first ever futures product the the cboe, will create ability to short bitcoin, so there will be a two-sided market that will reduce volatility, increase price discovery and liquidity. cory: we shall see. tyler and cameron winklevoss, founders of gemini. coming up, steve ballmer talks tax reform and the move to make data more simple. this is bloomberg. ♪ this is bloomberg. ♪ cory: a twitter shareholder and former ceo of microsoft, steve ballmer says tech companies cannot do more to please fake news. he provided an update on usa facts. alternate news, no fax. we keep the information current. we are doing now is help citizens run through the topics of the day. we have a walk-through of the budget, gdp, tax revenue, deficit, and how that compares to the cbo. we make no predictions. people can look at these government propo