. >> you continue to chase the story of 14-year-olds were dawes kurds who were shot by police.ding to police he had a firearm and he turned -- a turn at a shootout. >> i figured the best way to find that we need to know about things like this is to go out so i decided to take our fearless leader bill spadea out of his climate controlled studio and into the field today and this is what we found. >> the attorney general's office say the shots came from that direction over there. uber go down to that side street in a housing project where the shots fired came from the officers were in unmarked van on the street here. they stopped and him and two other young men somewhere along the street and that is where were dawes took off. this is louise lane. that direction is calhoun street and this is not a short walk. >> said this is a bit of a -- it behind us is where he was found on the grass. he was seen on the grass. you can see there's a bullet hole in this car and it has an evidence marker on it. we are going to put a twig in there to see if we can find the direction of the bullet. th

may see red daw if they do, that will be a monster game. i think they have a great company.lay more of a long-term in my perspective. that is why we are seeing the investor response that we saw. host: you have ea with a new star wars game and a new call of duty game. you straddle these worlds. you focus on mobile gaming and worked at ea> how do you -- ea. how do you see the company adapting? you have other companies competing. >> it is growing and that is true. if you compare that to the amount of smartphones out there, the industry is in transition and that is going away from selling the game on opening weekend and having a time with no revenue. there is an ongoing revenue stream from these games. the big story is, how quickly are the companies adapting to the games being a product you buy off of the shelf to being a service that you consume over time and pay for overtime. it is better for gamers and investors. there is a more predictable revenue trajectory. how well are companies moderating that transition? they are look at ea, doing well. o does not have execution on the

there are pictures of the beautiful daw today. doug: remember the lady christmastime is the most wonderfultime of the year. that is what we think of the kids going back to school. weather wise this is perfect. get you started. this is a time lapse in spotsylvania, virginia at the fire and the rescue headquarters there. cloudiness this morning but it cleared out throughout the day lake in most areas. then we started to see more in the cloud cover across the area. clearing out nicely. there is no threat of rain tonight. so the outdoor plans will be delightful. what is not delightful is the pollen count. weed count in high range. mold in high range. grass and tree in low range. ragweed is back with a vengeance. will be for several weeks. 79 in gaithersburg. 80 in hagerstown. 83 in reagan national. 81 in annapolis. measure of the moisture we calculate by the dew point. that is good stuff. it's comfortable. but in another three or four days the dew point will rise and you will feel more humid outside. we are going to drop to the 70's.

earlier we had daw a -- dow and nasdaq futures trending lower and s&p down 5%. futures earlier down as much as 1.2%. it will be another volatile session, one to end a volatile month. this will be a global volatile session starting in asia. rate decisions due from central banks with the fat of most anticipated. australia tomorrow is imminent and investors are looking for clues. central banks are confident that growth will pull inflation higher. commentsism follows from the fed vice chairman where he set a september rate hike remains on the table. in india, bond funds are betting that the r.b.i. will cut interest rates as early as next month or it the reserve bank -- month. the reserve bank is boosting sentiment. bloombergor spoke to at jackson hole. courtre is a bankruptcy which i think will be extremely important if we roll it out because if we can get a good bankruptcy code we can invest in long-term bonds which is absolutely necessary to finance the big things that the government plans. angie: the reserve bank of australia meets on tuesday and the policy state

the currency daw devaluation. if i'm a chinese billionaire yesterday and i'm not today, and my currency is getting devalued, my stock market is getting crushed. so that would be very bullish for the physical demand side out of china and the rest ofation. we're going to see competitive devaluations continue over the next couple of months in that part of the world, and i think gold is going to be a beneficiary of that >> now, china was trying desperately to control its devaluation. it looked like it was getting out of control, but i'm just wondering over the weekend whether they may panic a little and start to get back into the devaluation mode. do you think we may see another big devaluation happen either over the weekend or set it up for monday? >> i think they are. i think central banks around the global are going to be on the telephones over the weekend, you know, trying to get a handle on this. we heard from treasury secretary that they're watching this very carefully out of the white house. this is a growing c

. >> in 30 dawes. red light cameras. never sleep. they never take a break and they don't bling.ght camera. but it won't argue back. in the month of june. not one single left happened camera ticket was issued. >> outside of san mateo, this is the city that still uses red light cameras. >> if you plan on visiting millbrae, it is on day and night. >> kron four news. >> still ahead. on the weekend. the 49ers get the first practice of the season for some of the team's newcomers. and what they had to say about their new head coach. female announcer: right now at sleep train, get up to 48 months interest-free financing on tempur-pedic. save hundreds on beautyrest. or choose $300 in free gifts with stearns & foster. the triple choice sale is on now at sleep train. . >>> they are under the direction of new coach and collin kaepernick looked good on the field. and he needs a rebound season. let's face it. he didn't have a great season last year. the niners welcoming reggie bush to be lobbying the to be the punt returner. >> jared played as the star player. >> rugby. and talked about how h

i will give you one example, where i pulled in to a village after a few dawes of travel and met a tribal elder, he was in his 70s or 80s and he had lived through 25, 30 years of war and we got to talking about the war on terror and about the american invasion. and at one point, i asked him, why do you think the united states invaded your country? and he knew about 9/11 and talked about it a little bit. for hiit was a far aoccurrence. it was not at the center of the way he thought. instead, he told me, he said, the u.s. invaded our country because they hate our way of life. those ringing phrase for me. i did not necessarily agree with him, but hearing him put it in this way, which was the way it was talked about back in 2001, was a watershed moment for me. it spurred me to investigate how afghans really view the war on terror and the american war. particularly afghans that are living in the south. where the war is being fought. so not live engine areas that are peaceful, but living in areas where there's constant fighting to the day. and here is what i found. after 2001 alquaida left. aft

it's currency daw valued again and down comes our stock market. closing in on bear market territory. and hillary's e-mail headache is much, much wore. she was surrendered her private e-mail servers and among her e-mails, two top secret e-mails. could you imagine the controversy if she were a republican. and verizon offering internet 1,000 times faster than anything now. and jetliners to interfere with our rescue teams. it's making a lot of people very anxious. the second hour of "varney & company" starts right now. ♪ ♪ . stuart: and look at it now. triple digit loss. we're down 200 points. china cuts the value of its currency again and down goes wall street. 17.2 is where we are. price of gas went up overnight. problems with the refineries in the midwest, that's messing up the national average. that's why its gone up. i'm sticking to my claim that it's going to go down more. the streak is over. we had 27 down gasoline prices in a row. that's now broken. and let's go to the story in china, devaluation is hurting our markets. >> getting information