bullard and a passenger were taken to a hospital and treated for their injuries. this man is facing three felony charges after hampton police say he was driving drunk and crashed. cameron of epping crashed into two cars in the area of ashworth and bragg avenue sunday night and then left the scene. police say a woman was seriously hurt in the crash. cameron was later found and charged with aggravated driving while intoxicated and conduct after an accident. tom: just in tonight, sources tell abc news that u.s. swimmer and olympic gold medalist ryan lochte is expected to be suspended. sources say it would be a 10 32-year-old would miss the 2017 world swimming championship. this comes after the swimmer apologized for telling a exaggerated story about being held up at gunpoint in rio during the summer olympics last month. shelley: now to the race for the white house, tonight, the democratic and republican presidential nominees took the stage in an nbc news forum. hillary clinton defended her handling of classified information as secretary of state. insisting she did no

james bullard of the st. louis fed, september might be a good time. and dennis lockhart saying i'm sure we've got to start doing this. i fear, jon, i know the fed is in a tough position but fear the transparency era ushered in by ben bernanke has really created a monster. these independent voices are a confusing c confusing cacophony for the investor right now? >> that is something we have to ask janet yellen in her press conference next week. yellen is in part to blame, he was out there herself saying the case had strength end for a rate move. and the result of an economy that never cooperates with the fed's own forecast. they're expecting inflation to pick up. expecting 2% growth. expecting unemployment rate to fall. the unemployment rate hasn't fallen. liz: it's always something. >> inflation isn't rising to their forecast. they're changing their minds because the numbers aren't coming in the way we expected it. liz: we got charles payne in the chair, one of the best fed watchers, second to you, jon. chafrls "making money." do they need to shut dow

hop up indian school and maybe take bullard until they re-open the ramp. the i-10 at 15th, looking busier but not too bad for eastbound drivers but there was a crash at 51st and it looks like it has cleared up, and that's why you are probably seeing heavier traffic. iris? >>> mallory, the good news is we are not adding rain to the mix this morning but did you yesterday? several parts of the valley getting showers and storms. the rain in the san tan valley where the video is from here, and we love to see what is happening in your neighborhood. don't forget to send them in to share@abc15.com. and this morning, we should get good sunrise pictures. no rain in the valley but a few pop ups to the northeast and an area to watch off to the globe, florence, and queen creek with a 10% chance of a few spotty showers. the 10% chance you see in the forecast is to account for the east valley spots that potentially could get a stray shower. it's 77 degrees and we'll drop that a few degrees further before we start the warm up into the mid-80s. that's it. a look at the wee

he's the talented running back who ran wild as a senior in high school last year at fresno's bullard high. nowe state fans are wondering how that happened. tim deruyter/fresno state head coach: "the way blue prints work, you only have so many scholarships, we signed three running backs a year ago. we like charles williams a lot i think he's a terrific player, but just because you like a player doesn't mean you have a scholarship spot for him. you get caught in a numbers game, i'm happy he got a d-1 scholarship, he's going to do good things." looking to make a big splash in the big apple. the company is holding its first fight card in new york state.. and they're doing it in style some are saying ufc 205 is the best card in the history of the sport. 3 title fights will make it a big night with the headliner being the ever popular conor mcgregor. who was on the stage with 11 other fighters for the announcement. reporter question: "who do you think would give you the hardest fight out of anybody on stage?" voice off camera jeremy stephens/fighter: "right here, right here the hardest hit

. >> reporter: bullard -- a border collie's and defect -- tomorrow, counselor george will ask her cohorts to summon some experts on the subject. >> we need to make sure we those are our parks. >> reporter: some soccer players would be among the grateful. >> we got to fight through. >> reporter: ken macleod, wb scene was. >> how many times can you say poop in one-story? >> we may ask -- we may have to ask. >> no hazmat situations. >>> salacious ads hitting a local campus. the students who are being targeted by rich men online. >>> the i-team looks into questions about a local youth football league. parents play in but where is the money going? and is player safety at risk? >>> special interests that oppose question 2 claim district schools lose money to charter schools. that's "absurd," says the boston herald. "outright lies," reports the lowell sun. charter schools "don't siphon off state dollars" from traditional schools, says the boston globe. in fact, public schools get more money. the truth is question 2 will give parents more choices and result in more funding for public education. p

becky bullard won female vocalist and danny paisley won for best vocalist of the year. >>> al roker is here for a live broadcast for "today" tomorrow morning. he said what you can do to >> bring -- a certain sign? >> bring cute babies. >> bring cute babies. that is always a sure fire way to get on. [ laughter ] >> bring a cute baby. don't take any that don't belong to you. but bring a cute baby. >> we will have to dress someone up as a cute baby, maybe. join us live at 6:00 a.m. with al and elizabeth on wral news and al will be live on "today". >> if you have the young ones out there early. still get to school on time. 8:00 or 9:00. >> yes. what a cool experience to tell all of their friends. >> yeah. >> make your signs, a good way moo show enthusiasm so people know what we are about. >> yes. a great place to visit. >> and the weather looks good for the morning. clouds and perhaps fog to start the day and a small chance for showers. i think we will be okay. elizabeth will tell you all about it tomorrow morning at 4:30. let's check out our weather stories. a quieter night. this time las

we saw president bullard coming out with statements around the jackson hole time. president williams has expressed views as well. a reflection of the fact that there is a diversity of views, and i agree with chairman greenspan that is is not a negative situation. when you are in uncharted waters, and there is no experience to guide you, reasonable people can and should have different views as to how policy should be formed and the fact that he will feel free to dissent communicates that there is a healthy discussion. i think it is correct. vonnie: the also said that we are really in the worst of all possible worlds. stagflation is imminent, as well as inflationary pressures building. i think as far as the united states is concerned, it is sort of study as you go. i am not in the camp of being concerned about a recession, for example. the economy is growing. the puzzle is productivity, and as long as productivity is low, we will have growth in the 1.8% to 2% range, as far as i'm concerned. the rest of the world is a different issue. they are trying to struggle and c

i am thunderstruck by the dispersion from bullard in the regime with a very low rate, and 2%.outlier high rate around we all know the 2% level on radio and television. the answer, what is the dispersion of good people who agree so much but really disagree where we will be two nots from now? >> these are forecast. these are not promises. these are individual fed officials and what they think the policy would be under their economic forecast. chart isersion of the. terrific because it shows you how it moves. the white dots are where we are now. you can see how we come down at the long end. if you pick an economic forecast, what with the monetary policy be to get you to that? tom: it looks like season five of x-files. this is true. a lot of people say this was useful when we were waiting for syria and now we have achieved that and on course for normalization, what value do they provide gekko a widening gap between what the market believes it should be and what fed officials to leave? >> i have never been a fan of the. lot-- dot plot. it effectively allows every committee member to send.

fed governors indicating different things about where they might go with the rates, but we have had bullard come out and others come out and suggest we should be rethinking the framework. where does that process stand? richard: i think it's a very early stage. nothing appears to be eminent. they have said in the next downturn, whenever that is, and we don't think it's imminent come about essentially there will be a -- eventually there will be a recession. i think it's rare to say that they realize they need to begin rethinking the inflation targeting framework. >> are you surprised that the almostis around exclusively monetary policy and not on financial stability? there was a huge debate in the -- whyveral years ago are we not seeing that in the united states? richard: that's an excellent point. we are at a stage now where the fed is tending to ignore it. when jeremy stein was on the fed, it was more front and center. but with big chunks of the global bond market trading at negative rates, we could have high yield bonds and negative secondary yields. there are clearly distortions there ist

the driver was going north when she crashed into the woods. 56-year-old deborah bullard is charged with driving while intoxicated. she and a passenger were taken to the hospital and treated for their injuries. check out the damage done to the house. police say that a chesterman lost control of his car and crashed right into the front of that house yesterday doing a whole lot of damage. sean: scary stuff. yeah. erin: still ahead, a piece of the world trade center moving through the granite state. why it is being delivered to a town in canada. 7-year-old boy in rochester pays off in his favor. erin: coming up at 6:30, two police officers shot in the line of duty are back at work. it is now 6:08. kevin: it is thursday morning, september 8th. patchy, dense fog in areas. some spots visibility down to less than a third of a mile. that will gradually burn off. low clouds give way to partial sunshine away from the shoreline. temperatures continue to edge up over the next couple of days. eventually the better chances of showers as well. we'll have the details coming up. sean: foggy and muggy. a

adot is adding more web cam s on i-10 at 33rd and bullard and i-17 17 between anthem and 101. they are up on az 511.gov. >>> horizontal belts will be added as a new safety feature to help the blinds between on the tracks. this hasn't happened before but it will start up next month. >>> family members have identified this man's body found in his house. justin pazera is there with new information. >>> and then back to breaking news as a train has crashed the average age of a homeless person is 9 years old. my dream is to help kids living on the streets with education. charles what's up man? -whoa! how can we help? -ah man! wait, is that a basketball player? yes! -wow! my heart's about to jump out my chest man. charles you ought to be proud man. i'm just extremely grateful they were here giving them some encouragement- that's something that these kids are going to remember for a lifetime. did you see his big old feet? look. whoa. switch to centurylink and get up to 40 megs of high-speed internet for just $20 a month. that's the speed you need to stream... ...game... ...connect on

it's candace bullard, her most recent book aboutwinston churchill and called hero of the empire .this beginning soon read this is book tvs live coverage on c-span2. [inaudible conversation] >> jo-ann jenkins. >> i'm not going to redo the rules and regulations you've heard that three times already. in any case, i've forgotten a lot. my name is jonathan hartley . i'm here, ostensibly from washington post though i left a long time ago. about 18 years ago my wife and i were living on capitol hill with my stepdaughter who was working at the time at national geographic and one day she said i'm bringing a friend home from the office for dinner, i should sure. i'm afraid that's a technical problem but someone else is going to have to cope with it. if i shout, does that help? okay. my stepdaughter was working at national geographic and one day asked if she could bring a friend home for dinner. the next day at dinner time, there's a lovely young woman that shows up and my wife and i wereimmediately enchanted with her . she is still lovely and young and enchanting but now she's one of the mo

bill dudley could join her and james bullard could go either way. he is possible. i have -- i don't know where jay is. >> your headline is liesman, cole, and i think they might do it. >> i wish i could be more definitive. can i ask you a question? >> sure. >> you thought it was a trading event. are you saying it was not a fundamental event? you say it was just traders weak positioning or was it a reaction to the fed? >> i think it was -- i think it's clearly traders repositioning market right now in terms of volatility. >> the feeling on friday was that the fed could hike a quarter point and the world as we know it would end. >> that's the way the markets seemed to act. >> the market is not acting assist if it anything. it's machines trading with machines, and then at the fringes you see some people reacting to what the machines are doing. >> you are not forced at gunpoint. you are not at gunpoint forced to react to one day's tooit, and i will remind everyone here at the table, probably you know this as well, we have had 30 instances of negative 2.5% days in the s&

. >> joining me, radio host fernand anandi, steve cortez and i go right to you, my friend, eric bullard. chris wallace is saying it's not the moderator's job to fact check the people onstage. >> that's a problem, particularly in this campaign when you have someone if you look at all the fact checking sites, donald trump has broken every record for misstatements and falsehood. so the idea he's going to get onstage with hillary clinton for a presidential debate and just make stuff up for two hours, this is absolutely the wrong time to kind of be a doormat and let them do what they want. the context here, 2012, romney/obama, mitt romney said' that obama had never mentioned terrorism after benghazi. kae cann candy crowley stepped in and fact checked him. it got ugly. it went on for weeks. she paid a professional price. my fear is moderators saw that and said not me, i'm just going to skate, i'm there to ask questions and let them go at it. that's really not their job. >> that scares me a little, if people are worried about the backlash if they fact check the candidates. that doesn't sound l

i have got fisher, rosen tkpwrepb and mister, for the likely, and yellen, dudley and bullard as possible> i have traoul yo and bullard as unlikely. >> no matter what any of them think, they will go with yellen? >> and, yeah, and she brings the governor wz her. >> what about fisher, though? any idea of fisher being somebody that will vote for, and how much sway does he have over yellen? >> stan has a good amount of sway, and he is more hawkish than the fed chair, and since 2005 you had a fed governor dissent from the trail. >> sit true tarullo and brainard have a sway over the chair? >> i think there are limits to how much dissent she will want, and we have not all them yet. i don't think, again, eric is a kind of dissenter. you could get a hawkish -- you one or the other, you could get a hawkish stay, or a dovish hike is the way i would play this. >> i bet, mitch, he lost his but, the bear cubs win over purdue -- >> i did not say that. i will ta >> don't be like them. yes or no? >> yes or no. >> they raise or not? >> can i -- you criticize me for wearing green ties, and i know why -- >>

group included lucky herschel mckee, who became their youngest ace with 12 kills, and eugene "james" bullard, the first african-american military pilot who was subsequently made a knight of the legion of honor. france's most coveted award established by napoleon bonaparte. this important effort will incur no additional costs, no additional cost, as the abmc has indicated that they can maintain this important memorial within their existing appropriations. i encourage my colleagues to join me in support of the passage of this important legislation that honors the services and sacrifices of our men and women that defend our great nation. thank you and i reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from florida. mr. miller: i have no further speakers. we're prepared to close. the speaker pro tempore: the gentleman from california. mr. takano: i urge my colleagues then to support this important legislation, h.r. 5937, as amended, and yield back the balance of my time. the speaker pro tempore: the gentleman yields back the b

that is why we have bullard coming out saying, no rate hikes. we don't know where we are going.ne: we had a splurge of pmi data coming out across the board. alongchalet expansion with india and the eurozone, united kingdom him. how much do you read into those numbers? >> i am not a big pmi person. i think the data is often manipulated by expectations more than fundamental reality. look at the divergence in the eyes of numbers and the production numbers in the u.s. they are going in opposite directions most of the time. i tend to look more at the actual industrial production numbers. they are not showing any signs of acceleration. the real data they are measuring are not. it is not having an acceleration globally. caroline: what about the dollar, how much as that penned in the fed? were to raise rates, the dollar would go up sharply. the front end of the treasury curve would have a hit. back towe would be where we were in january, to a lesser extent, as the fed would lower their terminal fed funds rate. it is not just raising rates that matters, it is how they couch it. in decemb

and james bullard as well. unlikely perhaps daniel tarullo, and i don't know how j.d vote at the upcoming meeting. here's another chart says, hey, if the fed chair does decide to vote who would side with her and i think she essentially would have nine votes. i think all of those people would likely join, i don't know about brainard, but she would likely have nine votes if yellen decides that she wants to hike. and ten possibly depending upon how lael brainard decides to vote. carl, big question as to how the fed chair is processing those two weak ism reports that we had. it seems like a bunch of fed guys have spoken since those reports and it has not been enough to deter them from hiking, carl. >> i just wonder that wall graphic, steve, if you think that the odds for september are too low. >> i think it's possible, carl. it is a very, very close call. you know, i don't pity myself. i don't envy myself having to make this call. it's part of my job. i want to hear lael brainard talk today. we have retail sales before that, before the meeting. i also get to do our cnbc

you had the lord who came out and had a different approach with said we -- you had bullard who said weve to accept the new regime. they are under the impression that monetary policy still works and they can do things to support the economy. looking even at the bank of japan on whether their policies are effective, they will keep trying. my favorite chart is the u.s. national interest rate. does that go lower? if that happens today, how are we going to get a sustained bounce in the dollar? >> that is a very good question. is one of the big challenges that as we continue declinewer and ceos globally lower come i think that makes it difficult. you have to think of the exchange rate of the dollar and not just in terms of the fed but also what are other central bank's doing? the general view should be that the dollars on a stronger trend because you have the fed engaged in making cycle and presumably will continue. the fact that you have this compression globally the interest rates makes it harder to see big sustained moves and currency. they hiked one time and they keep talking about it bu

alix: we saw james bullard throw his hands up at the dot plot.ually showed a chart in jackson hole. will that be more helpful? >> i think it would be useful if they demonstrated the kind of modesty that a chart demonstrates. it's a fancy way of saying we don't know and we will no longer pretend to be sowed size. that's the direction the bank of england has gone. mark carney suggests to markets to inform our judgments. we are telling markets you should follow us. jonathan: the other side of the chart is we used to go into the inflation report and go through the inflation report and try to work out what is going on. you would be waiting for the bank of england to tell you. we are waiting for the fed to tell us but with a big asterisk. brought one ofot these forecasts for a long time. they need to use market prices to inform their decisions . theead, in the depths of crisis, they found they can push markets and whatever direction they want. i like the idea of extended where the fedds is doing more listening then talking. emerging markets are suscept

including mester, bullard. >>> just out, the latest data on mortgage applications. 0.7% last week. but refinancing activity fell. the average 30-year mortgage rate now fell four basis points to 3.66%. >>> all right. shares of nike today are trading lower. posting better than expected earnings and revenue in the latest quarter. slowing demand in future orders of sneakers and apparel is a drag on the stock. shares down 3% in the premarket down 9% over the past 52 weeks. >>> and sears holding is teaming up with uber for its customer loyalty program. riders who link their uber accounts with sears' shop your way plan now can get up to $2 in points for every trip. new uber drivers who sign up can earn up to a thousand dollars in points. >>> also tyson foods is recalling more than 130,000 pounds of chicken nuggets that are sold primarily at costco after some customers found small pieces of hard, white plastic in the product. the recall is for 5 pound bags of tyson fully cooked panko chicken nuggets. >>> and sonic said fourth quartquart quarter will come in lower than estim