Speaker 1: This is WBZ, Boston's news radio.
Speaker 2: We defining local news fifty degrees in Boston at four o'clock.
Speaker 2: Good afternoon. I'm Ben Parker. Here's what's happening. The Federal
Speaker 2: Reserve lowers interest rates today by a quarter point. That
Speaker 2: should be good news, but they also said a little
Speaker 2: bit about what might be coming up next year that
Speaker 2: didn't amount to good news. In fact, really bad news.
Speaker 2: Tracy Jonki joins us from Bloomberg. The market's just closed
Speaker 2: and not a moment too soon.
Speaker 3: Yeah, the bolster really took his reaction to the Fed
Speaker 3: to extremes. Here band the Dow dropping one thousand, one
Speaker 3: hundred and twenty three points two and a half percent,
Speaker 3: the NASDAK sank seven hundred and sixteen points, the SMP
Speaker 3: down one seventy nine. And as you said, it's not
Speaker 3: the quarter percent rate cut today that investors objected to,
Speaker 3: but a new FED inflation prediction two point five percent
Speaker 3: next year, which would give the Fed cover for not
Speaker 3: cutting much in twenty twenty five. His own forecast says
Speaker 3: perhaps only two cuts all year.
Speaker 2: Ben, all right, something to watch, and we of course
Speaker 2: will be doing that here on WBZ. Keep it tuned.
Speaker 2: Here for the latest updates on your money and also
Speaker 2: streaming on the iHeartRadio app. We are following some breaking
Speaker 2: news out of Pennsylvania right now. Luigi Mangioni has waived
Speaker 2: extradition and could be returned to New York to face
Speaker 2: charges as early as tomorrow. He is accused of gunning
Speaker 2: down United Healthcare CEO Brian Thompson on a sidewalk in
Speaker 2: Manhattan earlier this month. A judge in Pennsylvania must accept
Speaker 2: the waiver. Mangioni also has a hearing set for tomorrow
Speaker 2: on the charges that he faces in Pennsylvania after he
Speaker 2: was arrested at a McDonald's in Altoona. Yesterday. Grand Jury
Speaker 2: and New York upgraded charges against Mangoni to include first
Speaker 2: green murder as an act of terrorism. He's facing a
Speaker 2: number of other charges in New York as well. TikTok
Speaker 2: will get a day in court the US Supreme Court.
Speaker 2: We'll hear arguments next month over the constitutionality of a
Speaker 2: federal law that could ban TikTok in the un US
Speaker 2: if its Chinese parent company doesn't sell it. Arguments will
Speaker 2: be heard on January tenth about whether the law restricts
Speaker 2: speech in violation of the First Amendment. The law was
Speaker 2: enacted in April. It's set for a deadline of January nineteenth.
Speaker 2: It is unclear how quickly, though, the High Court might
Speaker 2: issue a decision on this. House Ethics Committee reportedly voting
Speaker 2: to release a report on former Florida Congressman Matt Gates.
Speaker 2: ABC's Stephen Portnoy with more.
Speaker 4: The decision is a reversal for the Ethics Panel, which
Speaker 4: last month voted not to release the report since Matt
Speaker 4: Gates is no longer a member of Congress. The Florida
Speaker 4: Republican blasted the move online, saying he's been given no
Speaker 4: opportunity to debate or rebut the report's conclusions. Gates resigned
Speaker 4: to pursue a post as Attorney General in the next
Speaker 4: Trump administration, but his nomination was sunk amid word that
Speaker 4: the Ethics Committee found credible the allegations that Gates attended
Speaker 4: drug fueled parties and had sex with minors.
Speaker 2: The Gates has denied the allegations against him, and today responded.
Speaker 2: He says I was charged with nothing fully exonerated, not
Speaker 2: even a campaign finance violation. The people investigating me hated me.
Speaker 2: Congressional leaders have released a short term government funding bill
Speaker 2: to avert a shutdown at the end of the week.
Speaker 5: The White House is urging Congress to pass the short
Speaker 5: term funding bill, known as a Continuing Resolution or CR,
Speaker 5: to keep the government open. The measure would fund the
Speaker 5: government through March fourteenth, twenty twenty five, at current spending
Speaker 5: levels and avert a shutdown at the end of Friday.
Speaker 5: A White House budget spokesperson says the bill also delivers
Speaker 5: urgently needed disaster relief one hundred billion dollars and fulfills
Speaker 5: the administration's request from November. Karen Travers ABC News Washington.
Speaker 2: Clouds tonight, rain tonight and then ending by sometime early
Speaker 2: tomorrow morning. So we'll say in the early morning hours
Speaker 2: the rain pushes out, the skies eventually start to clear tomorrow.
Speaker 2: Temperatures overnight in the upper thirties, mid forties. Tomorrow we
Speaker 2: will break out some sunshine. Once we push out the clouds,
Speaker 2: it will become cloudy again though. Tomorrow night a low
Speaker 2: of twenty nine and then clouds. On Friday, a couple
Speaker 2: of snow showers around the south coast k Islands could
Speaker 2: get in on. A couple of rain showers temperatures primarily
Speaker 2: in the mid to upper thirties, maybe a couple of
Speaker 2: forties around, and then on Saturday, no forties around will
Speaker 2: be thirty for the high temperature, with a couple of
Speaker 2: lingering flurries and some peaks of sunshine. Sunday really cold.
Speaker 2: We'll struggle to get out of the teens in some places,
Speaker 2: low twenties downtown for high temperatures fifty degrees Right now
Speaker 2: in Boston, is it Christmas season or growing season? The
Speaker 2: answer is yes. Wbc'shileshaffle tells us despite being almost winter,
Speaker 2: some local farms are still growing crops.
Speaker 1: It's a week till Christmas and fresh fields of green
Speaker 1: might be farm from your mind, but the people at
Speaker 1: Langwater Farm are still picking things even in winter. Greenhouse
Speaker 1: manager Jake drove me out to see what's still in season.
Speaker 6: And this is just a late kale planting that we're
Speaker 6: still harvesting from.
Speaker 1: As it turns out, with a little assistance, kale can
Speaker 1: live out here all winter. A couple hundred feet away,
Speaker 1: they're racing to pick the last of the spinach before
Speaker 1: a brutal round of cold weather.
Speaker 6: I mean, we've wailed on this pretty hard already, but
Speaker 6: there's still plenty of good leads.
Speaker 1: The winter crops here get put in storage and help
Speaker 1: keep the farm afloat throughout the winter. He says these
Speaker 1: crops actually taste sweeter after the cold, and growing at
Speaker 1: this time of year is also partly ideology.
Speaker 6: Philosophically, it's kind of important. I mean, we try to
Speaker 6: promote local food systems, and so we want to be
Speaker 6: able to provide people with food year round.
Speaker 1: Kyle Schaffel to be Busy Boston's News Radio from Christmas
Speaker 1: Trees to the Ocean State.
Speaker 2: Ocean State job Lot announces it's taking over a third
Speaker 2: former Christmas Tree shops in Massachusetts. CBS News Boston reports
Speaker 2: the Rhode Island based discount retail chain will open its
Speaker 2: fifty third Massachusetts store in North Attleborough after they bought
Speaker 2: the Cumberland Crossing shopping center. A promitting Boston official the
Speaker 2: latest critic of a proposal to renovate White Stadium more
Speaker 2: from WBC's James Rohasta.
Speaker 7: Counselor Ed Flynn says the proposal needs to be canceled.
Speaker 7: He cites the growing costs of the White Stadium renovation project,
Speaker 7: currently sitting at ninety one million dollars BPS. Superintendent Mary
Speaker 7: Skipper hasn't seen Flynn's steainmen, but says the current proposal
Speaker 7: offers women and young athletes a unique opportunity to.
Speaker 8: Know that we're going to have a state of the
Speaker 8: art pro soccer stadium in that they are going to
Speaker 8: stay invested with us in the BPS for our athletes.
Speaker 6: Those are just all.
Speaker 8: Things that our kids need and they've needed for a
Speaker 8: long time, and so we really welcome that opportunity and
Speaker 8: hope that fundamentally we can all support it so that
Speaker 8: our kids get what they need.
Speaker 7: Counselor Flynn says the city should work together with residents
Speaker 7: and stakeholders to provide the best option. JP James Rojas,
Speaker 7: WBZ Boston's News Radio.
Speaker 2: You are now in the loop for news updates throughout
Speaker 2: the day. Listen to WBZ news Radio on the iHeartRadio app.
Speaker 2: I'm Ben Parker, WBZ Boston's News Radio