1 Philadelphia Officers Shot In Standoff
The suspect involved in a shooting that left six Philadelphia police officers hurt is in custody. The suspect – identified by police as 36-year-old Maurice Hill - surrendered to police after a seven-hour hour standoff in the Nicetown-Tioga neighborhood on the north side of town. The situation started yesterday afternoon when police served a warrant related to a narcotics investigation. Officials say the officers were searching a house when they came under fire. At one point, two officers were trapped inside the house with the armed suspect – the good news? They were eventually rescued, along with several hostages. In even better news, all six officers who were shot have been released from the hospital. As for Hill, he’s reportedly got an extensive criminal record – which includes gun convictions and resisting attempts to bring him to justice. So how he gained access to weaponry is the question. In the meantime, he remains in custody as investigators sort out his charges.
2 Rhode Island ICE Protestors Targeted By Truck, Pepper Spray
Eyewitnesses say a pickup truck drove into a group of protestors outside an Immigration and Customs Enforcement detention center in Rhode Island last night. No one was seriously injured, but the video (which you can see to the right) is especially troubling considering the protestors were not only peaceful – they were sitting. The demonstrators were with a Jewish group called Never Again Action, which is opposed to U.S. immigration policy. Video shows a black pickup truck driving into a row of protestors at around ten-to-15 miles per hour. The truck then came to a stop as protestors surrounded it. Minutes later, guards from the facility reportedly pepper sprayed the protestors. Protestors tweeted that the truck belonged to an ICE employee but that's unconfirmed.
3 Wall Street…And Americans Get A Recession Warning
Are we heading for another recession? It depends whom you ask. Stocks plummeted yesterday, with the Dow Jones Industrial Average closing down 800 points to 25-479. The Nasdaq fell 242 points to 77-74. The financially heavy S&P 500 dropped 86 points to 28-40. Experts say the steep declines happened because of the yield curve on the bond market. What’s a yield curve? Usually, people who buy bonds get higher returns on long-term notes than they do short-term notes. Now they're buying more short term notes. The last seven times this has happened the nation has experienced a recession. The last time it happened in the U.S. was 2007, just before the Great recession. Meanwhile, the U.S. government is spending at record levels. The Treasury Department is reporting that the federal government has spent three-point-seven-trillion-dollars in the first ten months of this year. That's the most since the Great Recession. It projects that at the current pace, the deficit will reach one-trillion-dollars in the final two months of this year.