ashley: i'm ashley webster. standoff on the fiscal cliff.ide say the other needs to get serious about making a deal. the question is who will flinch first? tracy: former senator and debt reduction task force co-chair pete domenici is here. stocks twisting and turning on every word out of washington. we'll hear from a top strategist to protect your investments amid all the volatility. ashley: a trillion dollar problem getting enough attention. american student loan debt surging now topping credit cards and auto loans. tracy: we'll. ashley: we'll have you will the very pering numbers ahead. tracy: after all that i said senator domenici's name wrong. nicole petallides is on the floor of new york stock exchange. nicole, stocks trying to hold onto this 50 point gain here. >> we're actually moving higher now. we're moving close to highs of the day. we sold off early on coming off heels of yesterday where a lot of folks were concerned about some comments from the prior day. we had harry reid and boehner gave us a boost yesterday. today we sold off

ashley: thank you, ladies. >> have a great hour. ashley: thank you.e bah humbug tracy byrnes. ashley: i'm ashley webster. 34 days and counting until that fiscal cliff. white house and congress will appear no closer to reaching a deal or even talking about one for that matter. how long will it take to get some action? tracy: if only. a dire warning on housing. despite new signs of recovery, fiscal risk expert chris whalen will tell us why he says housing is going to drag the economy back into recession next year. ashley: talk about bah humbug? would you like to win half a billion dollars? that is a stupid question. of course you would. just before the holidays as well. the record powerball jock pot is getting bigger. we'll take you, we'll tell you actually your chances of winning the prize and it is not very good but you can't win if you don't play as the lottery says. i know you hate it. tracy: i do. i absolutely clearly opposed to it. ashley: i went hate it when i win but i will remember you. tracy: thank you. ashley: first time for look at stocks at

ashley: emac, thank you very much. >> sure. ashley: interesting stuff.racy: good to know the denver broncos will not be high. ashley: they play in the mile-high city. tracy: there is that. how about this? chrysler recalling almost 750,000 green grand cherokee and liberty suvs from 2002 through 2004. this is because a part in the vehicle's airbag control may fail. according to documents filed by the national highway traffic safety administration, a failure of that part could cause the front and side curtain airbags to open abruptly while driving. probe into the issue found over 200 cases of accidental airbag deployment that resulted in minor injuries but no crashes. chrysler dealers will install a jumper harness at no cost to owners. not only did i have a 2002 cheap cherokee. i had two infants in the back seat. not very comforting. i know airbag in the front. so, a little scary. ashley: as we do every 15 minutes let's check the markets now. sandra smith on the floor of the new york stock exchange. sandra, jcpenney can't get the new pricing plan to work fo

back to ashley. ashley: fox's patti ann browne, thank you so much for that. appreciate it. >> thank you. tracy: it is a battle of the teen retailers today as some of the major brand report earnings. which companies should you add to your portfolio heading into the christmas season, those fickle teenagers? sandra smith following big movers today. sandy, i don't know how you keep track of them. >> they might be fickle but they're spending some dough out there. earnings coming from the teen retailers. they're opening their wallets and spending. aeropostale, for example, this is one of the cheaper, less expensive of teen retailers, far more less expensive than for example, abercrombie & fitch. they're giving investors lots of reasons to buy today. the stock is soaring up more than 5%, up near the highs of the session. a stock can certainly use a boost, year-to-date chart. they're heading into what they call a strong holiday season. casual clothes, lingerie selling well at arrow postell. they have the right price point. analysts love it. overweight rating. average

ashley: and i'm ashley webster.ker boehner says fiscal cliff talks, well, they have gone, quote, almost nowhere. that is encouraging, isn't it? when will both sides finally make progress towards a deal? "wall street journal's" gerald seib met with senate minority leader mitch mcconnell. he will be here to tell us what he had to say. tracy: i'm excited. new study says which americans pay the most in taxes and probably not who you think or maybe it is. it raises questions who is really not paying their fair share. ashley: i think it is me by the way. if fiscal cliff wasn't bad enough, food prices will spike in the new year, you remember the drought, plus inaction in congress will cost you more at the checkout. tracy: i remember jeff flock out in those fields right? ashley: can't forget that. tracy: time for stocks as we do every 15 minutes. lauren simonetti on the floor of new york stock exchange today. we got another sign of consumer weakness, didn't we? >> tracy and ashley, consumer spending fell in october, first d

ashley: snow. have putting a wet blanket for any hopes of economic improvement in the northeast. weather intelligence firm, planalytics will tell us about the companies being hard hit. my word, what kind of a winter will we face? as we do at this time every day look how oil is trading. it is up 3/4 of a percent, just up over $85 a barrel. we'll be right back tracy: we have breaking news. we have more details from the pentagon. now iran fired on a u.s. predator drone back on november 1st. this again according to pentagon spokesman george little. now the drone was an international airspace and we will of course continue to bring you more as the story develops but it happened back on november 1st, not today. ashley: very good. more economists are coming around to the idea that the u.s. economy is already in recession. reports making the round on wall street trading desks certainly indicate just that. with more on what they're seeing is liz macdonald with emac's bottom line. what are they hearing? >> y

back to ashley and cheryl. ashley: maybe win by a hair.s all i've got, jamie, thanks very much. good news on the housing front. mortgage rights hovering near record lows according to freddie mac. the average 30-year fixed-rate fell to 3.39% according to freddie mac. a year ago it was 4%. a 15 year fixed-rate if you want to pay it quicker that averages down to 2.7%, from 3.1% last year. across the country 30-year fixed-rate average fell to lows. highest in the northeast and southeast at 3.44%. followed by the southwest, the north central region and lowest rates are in the west at 3.35%. cheryl: time to buy a beach condo. ashley: there you go. cheryl: construction spending rose in september to the most in almost three years led by stronger spending on homes. as the focus turns to rebuilding after sandy, will we see homebuilder stocks continue their big rally? joining us now david goldberg, he is an analyst with ubs. david, we've been watching these stocks go up and up and about 200% in some of these cases but do they have anymore to go on th

ashley: and you are back. i am ashley webster.sident obama saying we are moving in the right direction. mitt romney says not fast enough. tracy: we have to get you up to date on the very latest storm aftermath. staten island is screaming for help. aid going to other parts of new york and new jersey. lines for gas extend for miles. ashley: power is out. hundreds of homes have been destroyed. the city is still planning to run the annual math on that starts off on sunday. a lot of people are not happy about that. the mayor of new york, mr. bloomberg, says it will go ahead. stocks now. the dow heading down. we will go down to nicole petallides at the new york stock exchange. very much a ho-hum day. nicole: yes and no. we have had a very busy week. the dow is that session lows. down 71 points. we are trying to kick off november with positive of arrows. october had down arrows. we had four months of of arrows. october, we sold the selling underway. let's take a look at how we are very right now. the dow jones industrials down .5%. we ha

ashley and francis. ashley wrote in to tell us about her mom.ith special education children for more than 15 years and has battled thyroid cancer herself. first, here's their story. >> my mother frances is the most kind-hearted, good-spirited, patient, beautiful, intelligent and loving person that i've ever met in my entire life. in 2002 my mom was diagnosed with having thyroid cancer. the doctor was able to get rid of all the cancer and it has yet to come back. my mom never seems to be scared, and she always makes sure she stays strong for the family. she has worked in special education for over 15 years and absoluly loves what she does. at our church she worked for an organization which helps to provide foster children with homes. she loves this field of work because she was adopted by her grandmother when she was younger, and she adopted me when i was only 2 months old. i am so blessed that i was adopted by such an amazing woman to provide me with more love and support than i could ever ask for. i always wonder where i would have ended up if

ashley morrison here in new york.hanks. >>> when we return another look at this morning's top stories and sports shocker. a former pro basketball star is in jail on charges of assault. [ elizabeth ] i like to drink orange juice or have lemon in my water... eat tomato sauce on my spaghetti. the acidic levels in some foods can cause acid erosion. the enamel starts to wear down. and you can't grow your enamel back. i was quite surprised, as only few as four exposures a day what that can do to you. it's quite a lesson learned. my dentist recommended that i use pronamel. because it helps to strengthen the enamel. he recommended that i use it every time i brush. you feel like there is something that you're doing to help safeguard against the acid erosion. and i believe it's doing a good job. ♪ ♪ ♪ grown in america. picked and packed at the peak of ripeness. the same essential nutrients as fresh. del monte. bursting with life. >>> here's a look at today's forecast in some cities around the country. washington partly sunny 54

tracy byrnes and ashley webster speak with former senator pete domenici. stay with us on fox business.

former san francisco mayor willie brown's here, along with ashley parker of the "new york times."ayor, you were a pro, it seems that romney is not a pro. he had a good concession speech. the president threw him a big offer to have something look a new hoover commission, something really good for him to do. he whips back with this accusation the president bought the election. >> total and complete bitterness, chris. this man obviously is wrong for the game. he has lost, and he lost badly. he's embarrassed, and he's trying his best to minimize the victory. he's trying his best in some fashion to say to people it was taken from me unfairly, that i should have won, and that if there had been only my kind of people voting i would have won. however, there were some other people voting, and they're the people that you and i don't like. that's what he's saying to his people, and that's wrong. >> let's take a look at the audio from the conference. just like that 47%, it was recorded. let's hear romney talking to his donors in which he says in this tape the president's victory was basically

. >> reporter: at 17 years old high school senior ashley duncan stood 5' 11 tall. did some modeling, was called daddy's little girl and was a big fan of volleyball. >> she played in middle school and she played in high school. >> reporter: but her social media posts were the opposite. they were often ugly, dark and she clearly cried out for help saying things like god is torturing me keeping me here. i'm ready for life to be over. if you know what it feels like to want to die every second, hour, day, month, year, then you know me. >> i feel cheated. i didn't know how deep this was. >> reporter: friends saw the posts. ashley's parents, a veteran police officer and a long time registered nurse, did not until it was too late. >> we did a lot and you pick up signs. >> reporter: on the morning of january 30th the teenager posted a picture of a revolver and the words i finally got a gun. before that the teen's mom received the worst text message of her life. >> when i saw the text, i was in shock. >> reporter: mrs. duncan still has the message on her phone. >> i took dad

>> nothing from the government. >> reporter: ashley found government loans with 6% interest.ith a line of credit adjusted over 3%. >> we had chop saws and boxed items that -- >> reporter: there go the lights again. rirchlgt the challenge of doing business these days, even the generators fail. things are so bad here in red hook that this business right next door to ashley's is literally drying invoices like this with a hair dryer. what does this business mean to you? >> everything. it's my life. >> reporter: ashley's employees watched her grow up working along side her father. >> if this business went under? >> i think i would go under too, you know? >> reporter: now it's up to her to save their jobs. >> there's so much history here. the community, our customers. i mean, we really do have a great business here, and i think we can make it great again. >> reporter: despite all of this, ashley is still optimistic that she will have her business back up and fully running by this spring, but i can tell you that her business has already taken quite a hit. it's down about 30% since s

>>y poco después azulito comenzo a asombrar a todos con sus increíbles hábilidades >>ashley le enseñoce. >>dile que no, mamá. >>no, no, no. >>y por si fuera poco, tal parece que azulito tiene sentido del humor y le encanta hacerse el muerto. >>el sabe que su papa llego, porque lo vio entonces él hace todo eso porque sabe que su papi anda por ahí >>hola azulito >>y otra hazaña es que tiene una página facebook, vamos a ver qué foto colgaron >>ashley es la creadora de la singular página, donde ha colgado fotos y comentarios desde su llegada a la casa hasta la fech>así dejamos a azulito max guerrero suazo disfrutando de su fama. >>bueno y cuando la familia sale de viaje y no lo pueden llevar, les cuesta trabajo encontrar un lugar donde dejarlo. >>y para nuestro final de impacto como todo un heroes se comporto un niño de once añitos para defender a su hermana en georgia, donde se vieron atacados por perros pitbull >>que increíble, es la sangre que llama. así llegamos al final, yo se que todos los dias ven despierta américa pero los invito a verlo mañana t

there you go. >> ashley morrison here in new york. when we come back, near collision caught on tape, a toddler narrowly escapes getting hit by an out of control car, plowing into the front of a store. of control car, plowing into the front of a store. for centuries." this levian collection is amazing. maybe it's time to start your own. [ female announcer ] kay presents today's levian... with exclusive levian chocolate diamonds. ♪ every kiss begins with kay bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. lit up this morning. heavy rains and gale force winds e moving into the bay area. as the storm approaches. fos are reaching for sandbags ad plastic sh

. >> reporter: at 17 years old, high school senior ashley duncan stood 5 feet 11 inches tall. did some modeling was called daddy's little girl and was a big fan of volleyball. >> she played in middle school and she played in high school. >> reporter: but her social media posts were the opposite. they were often ugly, dark and clearly cried out for help saying things like god is torturing me keeping me here i am ready for life to be over. if you know what it feels like to want to die every minute, second, hour, day, week, month year you feel me. >> you feel cheated sometimes that i didn't know how deep this was. >> reporter: friends saw the posts ashley's parents a veteran police officer and a long time registered nurse didn't until it was too late. >> we did a lot. and you pick up signs. >> reporter: on the morning of january 30th the teen posted a picture of a revolver and the words, i finally got a gun. before that, the teen's mom received the worst text message of her life. >> i saw the text and i was in shock. >> reporter: mrs. duncan has the message on her phone. >> i too

. >> i'm dan ashley. an armed robbery turned into a chase and then a shootout. alan wang is live at the scene with the latest on this breaking news tonight. alan? >> reporter: dan and carolyn, this is just one of the intersections shutdown in east san jose to night. we are told that police -- there was an armed robbery around 9:30 and police chased them to this spot, this area where they shot it out with them. we are told one of the officers was wounded, but we don't mow his condition at this time. across the street you can see them looking for evidence over there. the gun fight happened right in front of the best western right in front of highway 101. i spoke to the desk clerk and this is what she had to say. >> i told them, wow, that's gunshots. she was like, no, it couldn't have been. but then we heard the sirens and that's when we knew there were gunshots. >> and that guest had just checked in.

liz: ashley webster, thank you very much.re, you've got to watch our extensive coverage of election 2012 tomorrow.@ it begins with a special edition of "varney & company" at 5 p.m. eastern right here on fox business, and every single story is going to be really put in a vortex of the business and financial and money world. neil cavuto's charging it all up. david: and lou dobbs is in the middle. so could the results of the election be determined by one simple stat? legend dare businessman and political activist leo hindery says that may be the case this time around. he'll tell us what that sat is. liz: plus, one energy investor says there are two technologies out there that could move the u.s. closer to reaching energy independence and change the employment picture as well. we can do it no matter who takes the white house, he says. the ceo of pinebrook joining us next. ♪ 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obvi

we love friday, ashley. >> yes. >> reporter: it's been a long week.s dipped on concerns about the u.s. fiscal crisis. the tokyo's nikkei and hong kong's hang seng fell about 1%. economists say falling off the "fiscal cliff" could trigger another recession on wall street. worries about gridlock in washington sent stocks tumbling again on thursday. the dow slid 121 points. the nasdaq lost 41. the dow has plunged more than 434 points in just the last two days. >>> bp and attorneys are urging a federal judge to give final approval to a class action settlement. the blowout killed 11 rig workers and spilled more than 200 million gallons of oil in the gulf of alaska. bp predicts it will pay about $8 billion to resolve 100,000 claims. getting back to wall street, it's already pointing lower for the open. a lot of people waiting to hear president obama speak today to give comments about the "fiscal cliff" that's looming and what they will do. >> they have to get that in order in a big hurry. >>> we were surprised. we both have iphones and i guess samsung has t

. >> reporter: ashley murray's family business, devastated.his is very hard for you personally. >> yeah. it's just, we're devastated. it's been a devastating process and there needs to be a little bit more help. >> reporter: do you feel forgotten? >> a little bit, yeah, yeah. so this was once a really nice showroom. >> reporter: 80% of her inventory gone. >> essentially we have moved everything into our stock room so that we can work from the sidewalk. so now this is where we are functioning our store from. we have one functioning computer, one printer and we have people coming in from the roll-down door. >> reporter: before sandy, you didn't have any debt. >> right. >> reporter: now? >> now, we're probably looking at $700,000 to $800,000 of debt. >> reporter: what kind of help have you gotten from the government? >> nothing from the government. >> reporter: ashley found government loans with 6% interest. her bank did better with a line of credit at just over 3%. >> we had chop saws and boxed items that -- >> reporter: there go the lights agai

ashley morrison of cbsmoneywatch.com joins us.g, ashley. >> reporter: good morning, to you, frank and michelle. asian markets got a lift this morning on growing optimism from debt talks in washington. tokyo's nikkei rose 1% while hong kong's hang seng also gained about 1%. the improvingometer mitchell on the "fiscal cliff" gave wall street a boost, as well. the dow added 106 points after being down triple digits earlier in the day. while the nasdaq was up 23. >> could the dollar bill be going out of style? a congressional panel is once again calling for the u.s. to stop printing singles and switch entire to dollar coins. the nonpartisan panel believes the switch could save taxpayers money. it is more expensive to produce the coins but they last about 6 types longer than the paper bills. i don't know. it's going to make my bag heavier for sure. >> that's what i was thinking. my purse is already heavy. >> got four bucks? let me see it here. >> ashley, from time to time frank will go and make a starbucks run for us but i don't think

ashley? >> yes. the debate romney's crowds were not all huge but he went to denver which is where musician actually performed and it felt like people came out to see a rock star there. huge crowds, packed. in pennsylvania, one of the most striking things was on tuesday when governor romney touched down in pittsburgh, there was a huge crowd. it lined up upper deck of a parking garage overlooking where he landed and they were all just waiting for him and cheering for him. he was so touched. had he finally found the love that he had been searching for the whole campaign. >> what an amazing thing this election has been. what an amazing thing. thank you, matt, ashley. >> thank you. >>> when we return, let me finish with this still wonder -- and i just said it again -- of this election. you're watching "hardball," the place for politics. nk! ] ♪ [ honk! ] ♪ [ honk! ] [ male announcer ] now you'll know when to stop. [ honk! ] the all-new nissan altima with easy fill tire alert. [ honk! ] it's our most innov

happy thanksgiving. >> and i'm carolyn johnson in for dan ashley. we begin with a story with a remarkable recovery. >> let's go to vic lee on young man who was left for dead? >> a young burlingame man is making that remarkable recovery after being shot in the head and in coma for almost a month. today we witnessed what his family calls that miracle. >> he is in the hospital. >> in the early morning hours, henry got the phone call every parent fears. his son benjamin was at san francisco general hospital in critical condition. he is parents saw him wheeled into surgery. >> i wanted to touch him but i couldn't. >> do you remember that? >> he kept repeating. >> he was leaving a party and stranger made inappropriate advances toward his girlfriend. man shot benjamin in the head after he went to her defense. at one point. his brain wound was so severe they only gave him 25% chance of living. he was medically induced coma for almost a month. >> but the young man was fighting silently for his life. he was making small and significant victories. four days ag

ashley judd, can you hear us?ddiness of the election is wearing off as the country heads towards a fiscal precipe. congressional leaders ready to extend a lifeline? we'll discuss compromise with governor ed rendell, luke russert, joy reid. money can't buy you love or elections, at least this time around. outside spending's big fail. and author sasha isenbberg, all of that when "now" starts in a mere 180 seconds. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. 50% more spy stuff. what's in your wallet? this car is too small. what's in your wallet? music is a universal language.

ashley, thank you so much. >> thank you, ashley. >>> time now for weather. and i have to tell you, lawrence, yesterday it was spectacular. and i guess today a carbon copy, huh? >> maybe warmer outside, lots of sunshine as high pressure sits overhead. offshore winds continuing to blow so mostly clear start to the morning. the one exception we have a couple of patches of fog showing up in the north bay valleys but looking good over russian hill toward the golden gate bridge. and it's going to stay that way all day long. it looks like that ridge is going to crank these temperatures up today as we are going to see some record- breaking temperatures in many spots. but then some major changes as we head toward the latter part of the week. maybe even a return to some snow on our local mountaintops. so enjoy the sunshine while we have it. that strong ridge in place now with those offshore winds going to bring those record-breaking temperatures and maybe even tomorrow we could see a few more records. numbers around the state looking like this. 80s into the central va

well, ashley morrison of cbsmoneywatch.com, thank you so much. >> thank you, ashley. >>> 13 deaths may be associated with the highly caffeinated energy drink "5- hour energy." the feds are looking into reports of deaths over the last four years as well as reports of heart attacks, convulsions and miscarriages. the fda says just balls a report is filed -- just balls a report is filed it doesn't necessarily mean a product is the cause of the injury. >> people are diabetes, high blood pressure, anxiety disorders, depression, it can really mess up the body. >> last month, the fda received 5 reports of deaths after consumers drank another highly caffeinated drink, monster energy. >>> walmart is making a move to attract some foodies out there. they are launching a subscription service for buyers with adventurous palates. for $7 a month their new website goodies.com will deliver a gift box of hand- picked taster samplers to your door. the treats range from healthy and organic to artisan and international. so there you go. shopping just got easier. >> sounds very shishi. >>> a set of triplets,

ashley, good to see you. coming up, the investigation into a child killed by wild dogs at a zoo exhibit after he fell off a railing. this is the morning news. railing. this is the morning news. jack?! looks good ladies! jack! come on, stop the car. jack! no, no, no, no, no! the only thing more surprising than finding the perfect gifts.. niice. ...is where you find them. how did you know? i had a little help. this is how to gift. this is sears. want longer, stronger lashes? for your longest, most stunning lashes yet. one coat get up and grow mascara. only from almay. only for me. >>> a tragedy in atlanta last night. a police helicopter searching for a 9-year-old boy hit some power lines and crashed killing both officers on board. no one on the ground was hurt but electricity to nearby homes and businesses was knocked out. the wreckage of the chopper has been removed. the ntsb is investigating. the little boy was found a couple of hours after the crash. >> the pittsburgh zoo is closed this definitely after a li

. >> up next some of this morning's business headlines with ashley morrison. and with no luck throwing the ball, the rookie quarterback opens up the ground game. [ knock on door ] cool. you found it. wow. nice place. yeah. [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat rate boxes. if it fits, it ships for a low, flat rate. paid for postage online and arranged a free pickup. and i'm gonna track them online, too. nice. between those boxes and this place, i'm totally staying sane this year. do i smell snickerdoodles? maybe. [ timer dings ] got to go. priority mail flat rate boxes. online pricing starts at $5.15. only from the postal service. . >>> here's a look at the weather in some cities around the country. mostly sunny in new york, 53 degrees. same deal in chicago 57 degrees. clouds and windy in dallas 72. and a chance of showers in l.a. 65 degrees. >>> let's check your national forecast. much of the east and south will be mostly sunny and please. midwest sunny and dry with temperatures near 60. in the 70s acro

. >> up next some of this morning's business headlines with ashley morrison. plus your friday forecast. and with no luck throwing the ball, the rookie quarterback opens up the ground game. >>> here's a look at the weather in some cities around the country. mostly sunny in new york, 53 degrees. partly sunny in miami 76. same deal in chicago 57 degrees. clouds and windy in dallas 72. and a chance of showers in l.a. 65 degrees. >>> let's check your national forecast. much of the east and south will be mostly sunny and pleasant. midwest sunny and dry with temperatures near 60. in the 70s across kansas and oklahoma. blizzard conditions though are expected for north dakota and montana. >>> cbs moneywatch time now on a friday. a positive sign for the job market and amazon gets into the business of fine wine. ashley morrison here in new york with more. >> reporter: a weekly jobless claims climbed slightly suggesting a slight improvement. the labor department said thursday the number of first time filers fell by 8,000 last week to a seasonably adjusted 355,000. but it

. >> i'm dan ashley. it is sandbag season in the bay area, and the downpour could hit so hard and so fast that some areas could see flash floods. >> we are expecting three storms in the next five days. clogged storm drains could of course cause flooding. abc7 news meteorologist sandhya patel is here now with when the first will hit. sand jaw in. >> as we check out live doppler 7hd, we are seeing the first signs of the storm across the northern california coastline. as you can see on live doppler 7hd, it is going to get in here in the morning, and as we show you our area right now, the moisture is just to the west. it is the leading edge of the storm we are watching. computer animation shows that the rain begins at 2:00 a.m. and the winds are kicking up over the higher elevations. 30 to 35 miles per hour, but the strongest wind and the heaviest rain during the 5:00 a.m. hour really continues. 8:00 a.m. it is still going pretty stormy and could see some thunder right on through 10:00, 11:00 in the morning b

. >> i'm dan ashley. meteorologist sandhya patel is tracking this system on radar. >> sand yaw, what is the latest? >> carolyn and dan, on live doppler 7hd, the storm is now moving through the heart of the bay area. let's go to it. i'll show you where it is raining. it is losing a little steam, if you will. there were some downpours earlier, especially this the north bay. i will take you in closer here, and in the north bay, still some steady rain, but notice santa rosa is lightening up. we are seeing some rainfall right now and a brief downpour around the novato area, san rafael and heading out toward the central bay here from san francisco to san ramon, fremont and getting into the san jose area. the rain is not through with us just yet. live doppler 7hd will be tracking more showers for the morning commute. i will be back with the details coming right up. >> thanks very much. >>> developing news, two children trick-or-treating in the rain were hit by a car in santa rosa. police say there were adults wi

ashley morrison is here in new york with more. >> reporter: good morning.eral european cities are recovering from demonstrations over austerity measures, which stretched into the night. protesters in madrid started fires late wednesday after the 24 hour general strike. the violence disrupted air and rail travel in italy and belgium. across europe more than 100 people were arrested. >>> concerns about europe's debt crisis sent asian markets lower. hang seng lost 1% but the nikkei gained 2%. fewer homes are entering foreclosure and lenders aren't repossessing as many of them. a new report out this morning by realtytrac said banks began foreclosuring on more than 970,000 homes january through october. that's down 8% from last year. repo sessions have fallen about 19%. a government report says americans are spending less putting an end to three months of retail gains. retail sales fell .3% and automobile sales tumbled 1.5%. republican lawmakers blame a former new jersey governor for the collapse of brokerage form ms global. the firm went bankrupt last year. ms

the money people in kentucky want ashley judd. chris: when we come back, everybody is going to remember that one. the big question coming up, which side would take longer to accept a loss, would the obama troops take it harder or the romney sup chris: after the recount in 2000, al gore conceded to george w. bush and democrats accepted the loss for the most part. this week's big question, this time, which side would find it tougher to accept a loss? john. >> i think democrats would probably find it tougher to accept a loss simply because so much of the republican party is never enamored of mitt romney in any deep way. a lot of excuses if he loses. it will be he wasn't conservative enough. if only ryan had been at the top of the ticket, and only nominated someone else and make excuses for why he didn't win. for so many democrats barack obama was the thing, the one. for him to get beat, as long as -- talk about legitimacy, as long as they think -- the election was fair and square, they will be pretty crushing for a lot of the democra

ashley morison, good morning. >> oh, the horror. the u.s.to becoming the world's top oil producer in five years. the about face is driven by the surge of shale gas and oil production. the u.s. could become energy self-sufficient in 23 years. >>> greece won more time to recover from its debt crisis. european finance ministers meeting in belgium on monday gave greece until 2016 to implement debt reduction targets. the bailout package cost $305 billion, a $40 billion immediate aid package was delayed as finance ministers hash out how greece is to make it debt sustainable in the long-term. >>> that uncertainty took asian markets this morning. tokyo's nikkei fell for the seventh straight session, its longest losing run in seven months, while the hang seng dropped more than 1%. trading on wall street was flat as investors grow concerned about the so called fiscal cliff. both the dow jones and the nasdaq were mostly unchanged, each losing a fraction of a point. >>> big changes at microsoft, the president of windows and windows live operations left

i'll be looking for something eat. >> i'll bring you leftovers. >> ashley morrison here in new york.our wednesday morning weather, then heroes tell their tales. two police officers show how they topped last summer's deadly shooting at a sikh temple. summer's deadly shooting at a sikh temple. an intense burning sensation like somebody had set it on fire. and the doctor said, cindie, you have shingles. he said, you had chickenpox when you were a little girl... i said, yes, i did. i don't think anybody ever thinks they're going to get shingles. but it happened to me. for more of the inside story, visit shinglesinfo.com bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. have led to an increase intands clini