>>i'm david lazarus. another streaming service announces a hefty price hike and a very hefty price hike and a very real sense. it's de until i was 43 years old. so, i had an entire childhood and adulthood apart from the lord, knowing of god, but knowing christ, not having a relationship with jesus. there's a lesson that i learned from dr. charles stanley we think something is too small to bother asking god about, but every little detail of your life you should be checking with him on. so, don't only pray in the dark times, but pray when things are going good. pray to thank him, pray to worship him. >>a tough week on wall street and inflation is forcing yet another streamer to hike their subscription prices up. here's david lazarus with money. smart. >>hey there, a lackluster day on wall street as traders still look around for some sort of catalyst to give them a sense of whether they should be buying or selling for the week. the dow down nearly 2%. the s and p 500 down almost one percent. and the nasdaq e

>>i'm david lazarus. coming up.tree is the latest retailer to add its voice to >>on wall street, stocks lose seem as investors await tomorrow's big jobs report. and dollar tree warns it could drop some products if tariffs are enacted in the new administration. here's david lazarus with money. smart. >>hey there. after setting record highs yesterday, stocks lost ground today as traders lock in profits. one interesting trend was that as wall street was heading south bitcoin was trading above $100,000 showing a disconnect between the more established investments and the newfangled ones. we'll have more on bitcoin in the next hour. in any case, traders were more focused on tomorrow's jobs report, which is expected to show more than 200,000 jobs were created last month while another quarter point rate cut is now in the cards for this month. traders are now saying it's an open question as to whether we'll see more cuts going to 2025. if inflation starts heading up again. and that's something that many retailers are closel

>>i'm david lazarus. coming up, the fbi warns that ai has handed a powerful the dow pix w snapping a 10 day losing streak and scammers are stealing voices of people. you know. >>to try to get money. here's david lazarus with money. smart. >>hey, there makes clothes for stocks on wall street. but at least the dow managed to snap a 10 day losing streak. there are a lot of jitters going in today's session after yesterday's massive sell-off in which the dow fell by more than 1100 points. and the nasdaq fell by more than 700 points earlier today. all of the indexes were up significantly and it seemed like there was a big rebound under way. but as the session went on, all those gains started to evaporate until finally. well, basically ended up pretty close to where we started. but at least we weren't selling heavily again. so we can call that at least a bit of a wind sentiment was boosted by new stats from the commerce department showing that the economy grew by a healthy 3.1% in the 3rd quarter. analysts say v

>>i'm david lazarus.can ensure homes that larger in >>now to a troubling spike in violent crime in antioch. there been more than a dozen gang-related shootings this year and just one neighborhood alone. kron 4 shock moma's spoke of the city's new mayor to find out how they're going to combat the rise in crime. >>it's no doubt that antioch has seen its fair share of an increase in violent crime. the homicide rate this year compared to last is nearly doubled. and perhaps the epicenter of that crime is in this neighborhood here off sycamore drive. but business owners in this shopping center say they feel hopeful for the future over a new mayoral administration. >>hey, hey, iran? for now people out sycamore square are getting used to a fresh face. this neighborhood, which i believe is a high-crime neighborhood in the city. ron bernal is andy ox new mayor. his campaign promise with tackling any ox skyrocketing crime july. we walked with the new mayor through sycamore square, which saw more than a dozen gang-re

>>i'm david lazarus.hat make santa claus look like a contestant >>a southern california arcade ransacked by burglars over the thanksgiving holiday. the thieves getting away with thousands of dollars in gaming consoles and monitors. and now the owner says he thinks he knows who did it. shelby nelson has the story. >>hi there. the owner of extraordinary arcade tells me that he's now at about $15,000 because of these thieves and what they did to his business. he says that they took new monitors that he had just purchased playstation's x box is i mean, the list goes look at this video that he posted to thousands of his viewers and followers on social media. he was obviously very angry. will luna has owned extraordinary arcade for 2 years. these thieves ransacked his arcade, taking some pretty hefty valuables on friday morning. he says they took a 65 inch monitor a four-player x men game, which you can imagine how heavy that is. $5,000 worth of gaming parts they took x box is playstation's. as i mentioned him.

>>i'm david lazarus.jections and the epa approves california's plan to phase out gas-powered vehicles. here's the last year is with money, smart pay. their stocks tanked today after the federal reserve as expected announced another quarter point rate cut. the dow's more than 1100 point loss. today is the 10th straight day of declines for the index and the longest losing streak in about half a century. in part, today's losses are simply traders taking their pieces off the board until the dust settles. but it's also a sign of disappointment that the fed is now signaling fewer rate cuts next year, perhaps just for fed chief, jerome powell had to say. >>if the economy remains strong and inflation does not continue to move sustainably toward 2%, we can dial back policy restraint, more slowly. >>a sense, today's sell-off could be healthy because stocks have been getting very overvalued. all have more on that in the next hour. now let's switch gears and take a look at the environmental protection agency which ha

>>i'm david lazarus coming up.ng a new type of addict into gamblers anonymous meetings. plus, an update >>investors are increasingly showing up at meetings of gamblers, anonymous. meanwhile, james bond isn't showing up anywhere. david lazarus has all the details in money. smart. >>hey, there. a new type of addict has been showing up a gamblers, anonymous meetings, investors who just can't help squandering their cash on risky investments. according to wall street journal, many investors mostly guys who embraced financial markets during the pandemic as a way well distracting themselves are now discovering they have gambling problems. in some cases, this addiction was fueled by risky bets on so-called meme stocks such as gamestop in others. it was getting caught up in fantasies of easy money in the cryptocurrency market. in any case. the bottom line here is that investing is in need of form of gambling. your betting that an equity or commodity is going to rise or fall sensible investors do their homework and rely on f

here's david lazarus with money. smart to break it all down. >>their stocks closed mixed today will kindly be described as a pretty lackluster day on wall street. analysts say we can expect investors to probably stay largely on the sidelines until friday's jobs report. and that will give a better indication of where the economy and no important interest rates are going to be heading as we go into 2025. shares of us steel down 8% a day after president elect trump said that he would seek to stop the company's pending acquisition by japan's steel. and speaking of the first family elect shares of online payments, company, public square soared 270% today after it was announced that the son of the president elect don junior will be joining the company's board. now, do you like your job? well, we have so you may be in the minority. a new survey from gallup finds that the number of u.s. workers looking for a new gig is now at a 10 year high. more than half of 20,000 workers surveyed by gallup said they are there now actively seeking or looking around f

here's david lazarus with money. smart. hey there. the dow fell more than 260 points today.s and the longest losing streak for the index. >>since 1978, in fact, the dow has been following since its first ever close above 45,000 earlier this month. trainers have been shutting the dow's 30 components stocks and pumping money instead into tech shares. wall street is also a little jittery about tomorrow's expected quarter point rate cut. that's not what has them concerned. instead, investors will be watching very closely for any hints about future monetary policy and a possible slowdown in rate cuts for 2025. november retail sales came in stronger than expected. and that's just the fed doesn't need to prime the economic pump anymore. now, let's shift gears and take a look at so-called junk fees. the federal trade commission has announced its final rule for junk fees from ticketing companies and hotels. consumers have long complained about getting walloped with last-minute fees from the likes of ticketmaster and hotels that charge resort fees and other add-ons hidden fees. make i

>>i'm david lazarus.ng one of the world's top producers of >>tonight, an alert from u.s. intelligence officials about messaging apps and cameo is now open to influencers. rich demuro has those stories in rich on tech. >>here's what's happening in the tech world. u.s. officials are urging americans to use encrypted messaging app. so how do you know if your communications are protected? this all stems from potential foreign spying, especially due to recent hacking campaigns linked to china. now for texting, i message is fully encrypted. end to end. if you're message bubble is blue. it's safe. it's green. encryption is not guaranteed many android phones now use rcs messaging, which offers encryption, but only for android to android messages. android to iphone texts and group chats are not encrypted. so another option switched to a third-party app. both whatsapp and signal are fully encrypted and private by default. if you use telegram or facebook messenger, make sure to enable the secret chat or secret conve

david lazarus, who's counsel for respondents.e's present here today for working with us and cooperating in this matter. we're happy to answer any questions. and i'll have mr. zumwalt here to assist with answering any questions that you may have. thank you. thank you, director matthews, and thank you for your to your staff for your work on this. i have 1 or 2 quick questions, but i'll yield to my colleagues if they i do too. but i can follow you just. i don't want you to speak beyond what's in the stipulation, because i know you can't, but. and i think it's in there. but i wanted to confirm, as i understand it, the only basis for the intended 50/50 split was some kind of assumption. i guess that the campaigns would benefit equally. but then there was no follow up tracking to make sure that actually happened. is that right? i mean, the 50 over 50 was just kind of, as i understand, based on a forward looking assumption that was then not actually tracked to ensure it would happen. is that basically right? right. the evidence did not

david lazarus, who's counsel for respondents.e's present here today for working with us and cooperating in this matter. we're happy to answer any questions. and i'll have mr. zumwalt here to assist with answering any questions that you may have. thank you. thank you, director matthews, and thank you for your to your staff for your work on this. i have 1 or 2 quick questions, but i'll yield to my colleagues if they i do too. but i can follow you just. i don't want you to speak beyond what's in the stipulation, because i know you can't, but. and i think it's in there. but i wanted to confirm, as i understand it, the only basis for the intended 50/50 split was some kind of assumption. i guess that the campaigns would benefit equally. but then there was no follow up tracking to make sure that actually happened. is that right? i mean, the 50 over 50 was just kind of, as i understand, based on a forward looking assumption that was then not actually tracked to ensure it would happen. is that basically right? right. the evidence did not