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[1:44] ..." decrease is being attributed to financial markets growing more confident that the Federal Reserve will cut rates again at its final meeting of the year in December. Oil prices hit a new 22 month low today"...
[5:14] ..." the nation's second largest Klan group. Kelly says the imperial grand wizard Ron Edwards wanted to kill civil rights attorney Morris dees. Over -- he brought against another white supremacist group back in 1999. Edwards was"...
[6:40] ..." Now Mary what a crazy day it's been the blue chips were falling more than 200 points earlier. Threatening to camp out under 8000. And stay there but now the Dow. Has been coming back -- has been bouncing -- some key technical lows from -- spot. And Wall Street is trying to stab his three day losing street the Dow Jones Industrial Average right now is up some 85 points. That's a 1% rise for the blue chips the NASDAQ is up sixteen the S&P 500. Is tacking on eleventh Wal-Mart is keeping its inventory under control and sales are"...
[7:30] ..." Mac says the typical thirty year loan. Is now six point 14%. Business reports an eight and 38 past the hour on John Edward -- marketwatch.com. On WBZ. Newsradio 103."...
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[0:03]" WBZ his time is now 3 o'clock 45 degrees overcast skies and raining now in Boston. Good afternoon to you in for Diane Stern I'm Mary Blake and here's we're following in the WBZ newsroom first and foremost the very latest from Wall Street the Dow is up some 200 points as stocks try to snap a three day losing streak for MarketWatch reports coming -- members of congress not happy with the banks given federal bailout farms to foreclosure crisis."
[0:29]" Because of bad lending practices WBZ AccuWeather rainy weather tonight the rain -- and ending early tomorrow morning."
[0:35]" And Tom Cuddy -- all the sports details coming your way at 315. Members of congress joining -- Administration officials now demanding that the nation's troubled banking institutions use government bailout money for its intended purpose. Connecticut senator Chris Dodd is chairman of the Senate banking committee which to testimony today from several bank executive."
[0:55]" Sanders who receive public funds to use those funds to land many are failing to do that. CEOs have been directly quoted as saying they intend to use public dollars to acquire other financial firms and widen their capital cushion."
[1:08]" Congress is considering forcing banks show they increase their lending before their eligible for the second phase of the bailout plan meantime the bank executives who testified before Dodd's panel promised that none of the bailout money. It's going to be used to pay executives and employees. The BBC news time now is 31 and this BM commute is brought -- by the most trusted name in matches -- sleepy. The mattress professionals and we continue now with the new numbers on the economy the latest on mortgage rates. They've dropped for a second straight week Freddie Mac reporting the rates on thirty year fixed rate mortgages. Average six point 14% this week down from six point 2% last week. The back to back decrease is being attributed to financial markets growing more confident that the Federal Reserve will cut rates again at its final meeting of the year in December. Oil prices hit a new 22 month low today crude has fallen 12% this week alone more from ABC's Claris tacky and in Dubai an oil prices have been dropping drastically as demand for fuel falls with the global economic slowdown. Gasoline prices are down and the Energy Department expects a drop in heating costs this winter. But there are fears that low prices mean low investment in energy production. Which could mean fuel supply shortages ahead. Claris attracting an ABC news Dubai gas prices invective fallen nearly 50% since hitting a record national average of four dollars and eleven cents a gallon back in July. Virginia Tech police have been searching every room of -- campus dormitory today amid reports of possible gunshots. Pritchard hall which houses a thousand students. Has been locked down university spokesman saying two people reported hearing the gunfire. But investigators also are looking into the possibility that the sounds were from a nearby construction site. Two years ago 32 people died when a gunman opened fire on the Virginia Tech campus. And a developing story this hour on the north shore the route one bridge linking Amesbury Newburyport. Was struck by a barge around noontime the Coast Guard says the bridge cannot be closed so traffic is being re routed. No injuries reported WBZ news time is 33 speaking of traffic we check in every ten minutes. Out -- the roads that go right now the Subaru dealers of knowing -- will drive traffic on the three's a good afternoon to Scott next got your update is brought to us by Atkinson resort and country club."
[3:19]" At a good afternoon he'll merrier we are looking at a busy rise this afternoon on a special lot of company will be headed down that toward Foxboro and 120 southbound is already jammed up from -- just about the Mass Turnpike all the way down past 135 more delays. Down through cantor and before -- E Street down to 95 -- leave northbound is slow around 44 again in 95. Route three southbound is okay down in deployment. As your work your way out west to tell the pike west is heavy and slow from before -- lob toward the Allston tolls north of -- three north. More company permits to -- up toward 148 downtown lower deck. And these take him not to bed -- down although there's Jake amount down looks heavy already trying to get on there as you work you win 93 north and it's turning to Philly and into downtown. The Leverett connector on the outbound side will be busier southbound expressway is heavy from the O'Neill tunnel down and Neponset more delays down through Braintree next report 313 on WBZ is traffic on the three."
[4:23]" The extended WBZ AccuWeather forecast right through the weekend coming your way at 310 to BBC news time now is 3645. Degrees in the city. A white supremacist charged with plotting to kill president elect Barack Obama and other black people wants his indictment dismissed arguing the federal grand jury that charged him. Had too many black members Daniel Howard of west Tennessee faces charges that include threatening a presidential candidate. And taking firearms across state lines to commit crimes Howard's attorney filing the petition today asking that his client's indictment be dismissed the petition argues that the 23 member grand jury that returned the indictment. Had just two white members and could not have been fair and impartial. A former member says the head of the Kentucky based at Ku Klux Klan organization led a failed plot. To kill the co founder of the southern poverty law center. Killed Todd Kelly is testifying in the center's lawsuit against the imperial plans of America the nation's second largest Klan group. Kelly says the imperial grand wizard Ron Edwards wanted to kill civil rights attorney Morris dees. Over -- he brought against another white supremacist group back in 1999. Edwards was never charged Kelly as one of several witnesses testifying that Edwards stands to push for violent acts against opponents. We US elections were held ten days ago a couple of races still aren't settled though election offices all over Alaska began counting absentee and early voting ballots yesterday looking at two very close races Alaska senator Ted Stevens fighting for his job against. Anchorage mayor mark -- In most states lone congressional seat incumbent John Young is the apparent winner although democratic opponent Ethan Berkowitz is not conceding yet. David -- left of the Berkowitz campaign says. There are still lots of votes to be can't personally answer reported for work since. Meantime a Minnesota and appointed board is going to determine the winner of that State's US senate race Republican norm Coleman currently leads Democrat Al franken by 206 votes out of that two point nine million cast. Among those on board to decide the election outcome. Democratic secretary of state mark Ritchie to State Supreme Court justices appointed by Republican governor Tim Pawlenty and two county judges. Welcome to ABC news time now is 38."
[6:30]" Hear the news right here see the news that wbz1030.com."
[6:36]" And we check in on Wall Street once again marketwatch.com. Here's John Wordock."
[6:40]" Now Mary what a crazy day it's been the blue chips were falling more than 200 points earlier. Threatening to camp out under 8000. And stay there but now the Dow. Has been coming back -- has been bouncing -- some key technical lows from -- spot. And Wall Street is trying to stab his three day losing street the Dow Jones Industrial Average right now is up some 85 points. That's a 1% rise for the blue chips the NASDAQ is up sixteen the S&P 500. Is tacking on eleventh Wal-Mart is keeping its inventory under control and sales are solid as it appeals to bargain honors. But Wal-Mart also needs to trim its earnings expectations and that is keeping the stock near the flat line today Wal-Mart stock despite his relatively good news is up only 2%. And for the second week in a -- mortgage rates have dropped Freddie Mac says the typical thirty year loan. Is now six point 14%. Business reports an eight and 38 past the hour on John Edward -- marketwatch.com. On WBZ. Newsradio 103."
[7:43]" Updating you now on the story that we reported involving Virginia Tech possible gunshots on campus firecrackers may have been the source of gunshot like sounds prompting a lockdown of a residence hall on that campus earlier today. Police secured Pritchard hall. Which houses about a thousand students around one this afternoon after two people reported hearing something that sounded like gunfire but. Officials searched every room they found no evidence of gunshots WBZ news time is 310 time for the extended WBZ AccuWeather forecast now let's check in with meteorologist."
[8:12]" Bob Larson periods of rain tonight fog developing temperatures steady or slowly rising. Fog and love to rain or drizzle tomorrow morning just Claudia to warrant to get a warmer highs sixty to. Policy cluttered -- the areas of fog could start to rain again toward daybreak. -- 47 and outlying areas of 53 in the city cloudy breezy and mild on Saturday with periods of rain. I again 62 partly sunny breezy and cooler Sunday -- 52. Ex weather in just ten minutes on WBZ. AccuWeather meteorologist. Bob Larson -- in the area right now we have 48 degrees at Logan Airport 45 degrees outside the BC studio."
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