for the retailers. >> so you're like adam parker.g at the economy from the consumption side of the ledg ledger, not the production side. and the consumer benefits. >> you were too young to remember. but in 1986, saudi arabia dramatically increased the production, and all of a sudden, the oil price went in -- >> $30. >> yep. the consumer did benefit. consumer spending did move up a little bit later on. i think it's a broader thing going on. we're seeing global commodity deflation on a level we hadn't seen. >> don't you think that's partially because,china no long massive infrastructure projects? they were overvalued to keep china out. >> bob, we'll check back with you a little bit later as we go out with a decline of 363 points on the dow. i wou point out today, on rather heavy volume. much more coming your way on the second hour of "the closing bell" with kelly evans. see you tomorrow, kelly. buckle up. >>> thank you, bill, and welcome to "the closing bell", everybody. i'm kelly evans. another brutal session on wall street. here's ho

tomorrow, adam parker will join us from morgan stanley. notes idea -- are you in cash or the markets? adam parker, tomorrow on a "bloomberg surveillance." ♪ >> you can see china stocks fell as concern slumping commodity reduce profits. stocks in europe off the they were up a little bit. gdp.r than expected time for my morning must-read. from mark gilbert. he is talking about the baltic index. he says it is hard to shake the feeling the index has been trying to tell us something important about global demand in recent years. the global economy may be looking at a recession or should we believe it is market turmoil and not linked to the real economy. is it supply, or demand? hit in 2009, it a clear that after significant amount of oversupply we have aities, supply problem in most areas. u.s.,rowth slowing in the we have a demand problem. we have supply and demand dragging down on global trade. that is a bad cocktail overall. is obvious in railroads. that is another way to haul commodities. >> rails, trains, everything transporting commoditie

i believe adam parker from morgan stanley said earnings season should help.is still on the very beginning. it is not helping. betty: not yet. it is overshadowed by the selling. julie hyman at the market desk. is a big day for banks. the second worst decline are on the s&p. we will break down those numbers from wells fargo and citigroup. ♪ ♪ , shares ofou can see citigroup and wells fargo are off and early trade after they beat earnings estimates this morning. onigroup revenue was higher the scale of more unwanted assets. however, wells fargo jumped ahead of citigroup to make it to the nation's third largest lender by assets value. citigroup continues to split. to break this down, i want to bring in christine harper. our executive editor for finance. it is hard to read much into this, given the broad-based selloff. you know, were investors cheered by what they saw? christine: what i would read is that citigroup was hurt more than wells fargo. relative play a that people are not happy with citigroup. we have a story out saying that people view the revenue as so

meted adam parker. his dad dan palma said parqueer is an healthy eight pounds, three ounces. mom is a broward county schoolteacher. her kids already misss her, but she is going to be with baby parker for a little while before >> victor: we know, dan and any well, parker look like a champion. congratulations, guys. >>> now let's bring in chief certified meteorologist betty davis. that's had a pretty busy day. betty, what's ahead for tonight and the rest of the become week? >>8betty: more arena in the forecast and the potential for storms. we're looking outside through the lens of our fort lauderdale tower camera, storm clouds hanging over fort lauderdale, and a lot of rainfall still in the area, too. meantime, miami not quite as ominous. 79 degrees for the mia, winds from the south-southwest at 11 miles an hour. spotty storms between now and 7:00, and even around 9:00 tonight we could still have some wet airs out there. here's what's happening the on doppler radar. i'll start things out down by the keys where we're following this line of showers anan storms as it lifts up towa

adam parker will join us. then, a conversation with bill bowder.with us. ♪ tom: good morning, wherever you are. in new york city, markets on the move. we will keep you abreast into the afternoon. right now, flat. futures down one, down futures down six. solutelyto keep up -- ab brilliant on the strong yen call. what has changed in the air in the last three days question mark we seem to get to 12, and the bottom falls out -- why is that? >> i think it is interesting, tom. the foreign markets have been relatively calm, which would suggest that a lot of what is going on here is domestically based rather than cross-border based. in that context, it is a little perplexing for us here in the u.s., because normally we see a lot of volatility in the morning, when we overlap with europe. the activity has really been in the afternoon, when the u.s. has the markets to itself. that also supports the notion that this is domestically based. part of it here in the u.s. is tax driven. some profit taking in the early part of the year. but really, no reason for othe

allison parker was 24 years old. adam ward was 27 years old. fter that absolutely terrible tragedy, the father of reporter allison parker, he vowed to do whatever he could to try to stop american gun violence. he started pressing congress to expand background checks for all gun sales. part of doing that meant that he would reach out to his own member of congress in virginia. his own member of congress was bob goodlatte. he's a powerful member of commerce. he's the chairman of the judiciary committee in the house. it's his committee that basically decides what gun measures the house is or isn't going to take up. alison parker's father, andy, started reaching out to congressman bob goodlatte less than a month after his daughter's televised murder. it was outreach that did not get very far. >> let's take a look at representative bob goodlatte, whose congressional district includes the tv station where my daughter worked. mr. goodlatte has failed to even bring up background checks. he has the power to do so. fails to do that. fails to bring it up fo

i was just speaking to adam parker, the chief equity strategist of morgan stanley and putting the blameg on the price of oil which, thomas, is down another 5%, 6% so far just today meaning the price of oil fallen roughly 20% so far this year. and as much as we love $2 gas, there are a lot of potential negative consequences to having oil and energy be this cheap. primarily the fact that oil and energy companies are a big part of the dow and they're plunging because they're going to have to cut spending and also probably going to have to lay off thousands of people. the other big area of the markets is what's happening in treasuries as people sell riskier assets such as stocks and going to safer haven assets. buying u.s. treasuries. the yield below 2% today and also psychologically significant and buying gold as they do when they're afraid. >> $2 gas, i love $2 anything, olivia. >> yes. $2 coffee is what i'm looking for. >> yes. tyler, before you go, for folks out there with i think sue herrera said the stomach for this, this is a good time to get in. you can get a deal. >> well, i think

and killing journalists adam ward and alison parker. now bring guns to work if they have a concealed carry permit. the board of supervisors voted unanimously to take the restriction out of the employee handbook. the county attorney says .. it was previously a restriction. he said the county's insurance premiums will not be affected. curry martin/bedford county board of supervisor 10:19:15 "bedford county ten years ago you never had to lock your house you never locked your car you didn't have to has changed and has changed fast." other nearby localities allow their employees to carry concealed weapons .... including lynchburg city and campbell county. new tonight at 11 ... jonathan falwell releases a statement ... after his brother jerry falwell junior announced his endorsement of g-o-p presidential candidate donald trump earlier today. in a statement ... jonathan says in part " .. i have made it my practice not to endorse political candidates. i do not believe it is my responsibility to point people to a candidate but rather to point pe

adam's station. the station where reporter alison parker and cameraman adam ward worked.h. >> today wdbj 7's justin ward sat down with vice president joe biden and senior adviser valerie jarrett. he is live now from the white >> the law that is on the books and has been declared constitutional by the courts, supreme court of the united states, that law should be able to function. and the way to make it function better is to make sure the people with a mental illness adjudicated shouldn't be able to have a gun, make sure that people who are felons shouldn't have a gun, make sure people who are abusers shouldn't have a gun. >> vice president biden speaking with wdbj from roanoke, virginia tonight. one of the other stations he spoke to in advance of tonight's town hall meeting was the local next station in hartford, connecticut, the station right outside newtown, where we all know what happened at the sandy hook elementary school three years ago. the mass shooting at sandy hook elementary happened december 14th, 2012. the congressman representing that district at the time of

she survived the shooting that killed our coworkers alison parker and adam ward. gardner says today's recognition was an incredible honor. why a cool place to stay in new york didn't sit too well with the business it was listed with. "it almost seems like it's a bunch of cowboys out there, trying to steal cheese." this story is a talker, no matter how you slice it! a cheese bandit strikes again, in where else but cheese state of wisconsin. blink and you'll miss it. just wait until you hear how fast a rubik's cube can be solved. the complete after the break warmercause clouds everywhere in the newer valley today in sharp contrast was like danville which had plenty of sunshine still warming temperatures were evident lotta snow melting as you can see looking across are the roads are in great shape right now and clifton middle school thirty five degrees one of the colder spots on the web about network right now and see not much moisture has registered in the gauge there have been some sprinkles and not all that elementary school forty seven at the moment with a higher

we prowled introduce to you parker adam palma born last night. >> janine: his dad is local10 url jist dan palma. you you may not know his face but you see his work every day. park is eight pound, three up on and 2 with inches long. stan say he and mom nicole are doing great. >> victor: what a cutie. i w working with dan the other night and he said he and nicole didi not know the gender of baby until it was born. >> janine: what a surprise. >> victor: parker looking good. >> janine: lovit. let's go from parker to betty davis who has been super busy today in the weather center. >> betty: yeah, we're about to do away with thehe cuteness factor because we have to focus on the rain and storms in the a aa. i hope you're doing okay out there. hollywood beach just a mess right now. dampingy up the hollywood broadwalk. rainfall has come down there. fort lauderdale where the temperature is 69. miami sull at any ratat80. spotty storms in the forecast for the evening. in fact, was as we're checking out the doppler radar it's not quite over for broward county. we take you straight in and talk abou

parker. alison and photographer adam ward were killed. she said being recognized by lawmakers was an incredible honor. a business open all year round in a town known as a summer destination. wdbj7's amanda kenney went to smith mountain lake today. amanda, how are businesses there holding up in the winter? chris, when i first asked a small business owner how she's keeping her shop open, she said prayers. i'm told it's challenging, and this snow doesn't help. but if you can get creative, local businesses can survive. the sound of a laser isn't exactly what you would expect to hear in a general store. but it's what's helping vicki seekford's business at smith mountain lake stay open in the winter vicki: our traffic really does slow down in the winter so we're challenged to come up with ideas and incentives to get people in the door this laser engraver has helped sales during the holidays. it brings people inside to see what else general store has to offer. like the quilt shack. it's another element to seekford's business that brings in new c

parker were invited to the white house to attend the ceremony. "this is a wonderful start." their daughter - allison was gunned down on live t-v in august along with her photographer adam ward. they are now advocates for stricter gun laws. (andy parker/father of gun victim) "we still have work to do but i like what i see from the package he's offering because it encompasses not only gun legislation but beefing up the atf, mental health. it's all the components in a recipe for success." the president says he's taking action because of people like the parkers. but this gun store owner says mass shootings are the reason he's selling more guns. (keith savage/owner, braverman arms) "people are just afraid. just afraid." republicans say these new measures infringe upon second amendment rights - and they will fight to overturn the president's plan./// ((brian loftus)) > president constitutional right to take the action bringing about more background checks./// ((brian loftus)) > a foggy morning in the valley. you're looking at video of one of our producers brian friesen heading up to lee canyon. he tells us visibility was less than 100 yards and as you can see the mountains are com

parker. the reporter with a photographer adam ward that were shot and killed by a former coworker live on the air last august. we spoke with hurst outside the white house. while he didn't endorse the president's plan he said something needs to be done. >> i think we need to do something because i think every news room needs to ask the question is gun violence an issue that needs to be reported and meticulously reported and investigated. once you answer thation? that guides you to whether or ll really think that something should be done by the government. maureen: you can see more of the interview with chris hurst on news talk tomorrow morning on newschannel8 at 11:00. leon? leon: today is the fourth day that armed protesters refuse to leave a wildlife refuge in oregon. this group calls itself "sits for constitutional freedom" and they say they are it for the long haul. the local sheriff is now asking them to go home to their families and end this standoff peacefully. the groups say they want president obama to grant clemency to two local ranchers who are confused of setting fire to public lan

she survived the shooting that killed our coworkers alison parker and adam ward. gardner says the recognition was an halifax county leaders say they have almost finalized the court house renovation plans - and they want you to see them. the board of supervisors chairman says the designs are 99- percent complete and in agreement with the leaders involved. the county has been under court order to improve the court house since 20-12. the county's attorney and architect will be presenting the plans at a public meeting tonight. dennis witt/board of supervisors chairman: "we think they deserve the opportunity to see the plan and to make comments about it. so, it's kind of a big time in this very long drawn out process we've been through." the public meeting starts tonight at 5:30. if there's a positive response, leaders will move forward with the next steps. construction is set to begin this fall. the university of virginia's men's basketball team holds on to win a close one against wake forest. highlights from the road win in sports. and a high school in our area is lo

today's news house event was wbdt anchor chris hurst, the boyfriend of alison parker, with the reporter along with photographer adam ward were shot and killed on the air last august. we spoke with him outside the white house. while he would not endorse the president's plan come he said something needs to be done. need to dowe something, because i think every newsroom needs to ask the question, is gun violence in issue that needs to be reported and meticulously reported and investigated? once you answer that question, that died you as to whether or not you think something should be done by the government -- that guides you as to whether you think something should be done by the government. alison: the discussion about guns in the u.s., of course, is just getting started. stay with abc seven and wjla.com for complete coverage of the talks in our area and on capitol hill. leon: this just in from montgomery county, a woman who was seriously hurt when she was hit by a ride on bus died. she was crossing old georgetown road in bethesda during the morning rush when it happened. the womanors believe was inside of a marked c

back in august, reporter alison parker an cameraman adam ward were fatally shot by a former co-workering a live tvme segment. >>> saying good-bye to an old town alexandria fixture. why a popular alexandria store is closing up shop after more than 50 years in business. >>> and a boy survives a 25-foot fall from a ski lift and his father explains the moment he saw his son slip out of sight. >>> this was a devastating house fire in a very rural part of southern prince george's county, but that's why people choose to live here because it's so isolated. tracee wilkins, coming up on news 4, did that isolation play a >>> you're watching news 4 at 5:00. >> a massive house fire in prince george's county is still smoldering tonight. a sprinkler system couldn't save the house when the fire started yesterday. that house is located on jameis way in accokeek, a remote area where no fire hydrants in that area. >> news 4's prince george's county bureau reporter tracee wilkins got an up-close look at the damage and talked to neighbors who are now concerned this might happen to them. >> reporter: yep,

the execution style killings of wbdj allison parker and photo journalist adam ward shocked the country victims significant others also worked at the station. one was in the control room at the time. the murderer, a disgruntled former employee point of view shooting on social media. shot himself as police closed him. horrific events, but a strong response. posting pictures of their jobs, doing their jobs, just like they were doing that day. they stayed on the air in the awful days following the tragedy. number three, charlie hebdo. january 7th in paris, gunmen stormed the offices, killing 12 people, including the editor and several cartoonists. they were seeking revenge for cartoons depicting mohammed. the world pushed back, "i am charlie" unfortunately it would not be the only time they mourned an attack. here in the u.s., brian williams gets kicked off the air. the celebrated nightly news anchor was suspended without pay for six months in february, after exaggerating a story about a helicopter mission during the iraq war. an nbc investigation found at least ten other embellishments in

parker. she and her photographer adam ward were shot and killed on tv in roanoke last summer. we spoke to chris hurst for reaction to the president's announcement. >> if the white house asks you to come -- if the president asks you to come to the white house you accept the invitation. it was emotional for all of us. one of the most poignant things he said is it's a room full of stories. stories i have been able to learn of the people in my position and i've shared my story with other people, too. we try to reduce the number to numbers standtistic but there is a traumatic story behind the statistics. >> as a journalist trained not to take sides but tell a story are you able to talk about the plan he set forward? >> i think that he tries to have it for all sides. he is adamant he wants to appeal to the other side. i don't have opinions either way on the plan. as long as we have a plan that wants to be you know, taken for. i think we need to do something because i think every news room needs to ask the question is gun violence an issue that should be reported and investigated. on

parker, 9 on your side. the storm is also dumping a lot of snow east of cincinnati... especially in parts of brown, adams and clermont counties. evan millward is in new richmond... where it looks much different than closer to town. evan. the wildlife still like it - clearly - we've seen a lot fo geese.and a lot of people out walking dogs earlier.but not a than snow plows.that's because these side roads are slick - even u-s 52 is wet.folks we talked to here - say they're hunkering down tonight - ready to enjoy the beauty of the storm. well at my house, the favorite part of snow is we feed the birds and the birds are beautiful and brilliant and we feed the deer and the deer come out. we live in a forest and it's just so beautiful - and then walking the dogs. back out here live - steady snow - but not a lot sticking. easily managed by putting salt on sidewalks like what this bank did minutes ago - already clearing up.live in new it doesn't take a lot of snow to cause problems on the road. 9 on your side's dan carroll is in 9 first warning live drive tonight. dan, tell us where you are and what you're seeing

parker were invited to the white house for the ceremony. >> this is a wonderful start. >> their daughter, alison was gunned down on live tv in august along with her photographer, adam ward. they are now for stricter guns. >> it encompasses beefing up the atf, mental health. it's all the components and the recipe for success. >> the president says he's taking action because of people like the parkers. this gun store owner says mass g mass shootings are the reason he's selling more guns. >> people are just afraid e republicans say the new measures infringe upon second amendment rights and they'll fight to overturn it. >>> the fbi offering a reward for whoever tossed a molotov cocktail at an islamic center. they through it over a chain link fence on december 26. being investigated as a possible hate crime. the fbi is offering $2,500 for tips leading to an arrest. >>> closing arguments in the racketeering and murder trial of raymond shrimp boy chow. they are trying to save their own skin and an fbi undercover agent is lying is what the defense says. but they'll get time for a rebuttal. >>> no move to retake a federal building from armed protestors. the message a local sheri

parker, 9 on your side. we know you have questions about the snow to come.that's why we're giving you direct access to our weather team. just hours ago - meteorologist jason adams answered your questions in a live web chat. chat. steve will take your questions just log onto wcpo dot com - or the 9 on your side facebook page to post your questions. questions.and he'll be back to answer your questions tomorrow morning at nine - as that snow inches closer or into kentucky. we'll remind you about those chats if you sign up for push alerts on your smartphone.just search for "wcpo" in the app store to download our app. we'll aso send you information about any new winter storm watches and warnings. new at five - the boyfriend of a middletown woman who was found dead is being sentenced in her killing. today- juwan hawkins pleaded guilty to killing de'asia sims in december of 2014.the pair were dating when she disappeared.after a desperate search, her body was discovered near a water works plant on lick road in fairfield.hawkins will spend at least the next 23 years in prison. tackling an issue that goes beyond the tri-state.ohio's attorney general calls ohio the face o

meteorologists jennifer ketchmark, jason adams and sherry hughes are whether or not ohio sees a lot of snow -- northern kentucky is getting plenty. plenty.we sent out t.j. parker to maysville, kentucky- t.j. how's it looking out there? the snow is coming down pretty heavily, here. photographer terry helmer and i have been driving around- and the roads are very slick. we also noticed a lot of places are the snow is moving south to east... east...and that's where 9 on your side reporter jason law we are keeping a close eye on the roads in the tri-state right now. this is a live look at the cut in the hill in northern kentucky. you can see traffic is moving on the interstate. and because many schools and businesses closed early today, rush hour isn't expected to be quite as busy as your typical friday. tri-state to come home...so what's it like downtown... 9 on your side reporter tom mckee joins us live from fountain square... now.. the hashtag blizzard 2016 is trending now in cincinnati. and your photos and videos are helping us tell the story of this winter storm. here are just a few pictures from twitter and facebook. this is ____ and this_____ be sure to keep

parker were invited to the white house to attend the ceremony. ceremony."this is a wonderful start."their daughter - allison was gunned down on live t-v in august along with her photographer adam ward. they are now advocates for stricter gun laws. laws."we still have work to do but i like what i see from the package he's offering because it encompasses not only gun legislation but beefing up the atf, mental health. it's all the components in a recipe for success."the president says he's taking action because of people like the parkers. but this gun store owner says mass shootings are the reason he's selling more guns. guns."people are just afraid. just afraid."republicans say these new measures infringe upon second amendment rights - and they will fight to overturn the president's plan. craig boswell, plan.craig boswell, cbs news, the white presidential candidates are responding to the president's remarks.i've been following their twitter pages since the president finished his address to see what they had to say. first on the democratic side, hilary clinton said : "@potus is right: we can protect the second amendment while protecting our families and communities from gun viole