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SAN DIEGO (KGTV) - Investors are watching carefully to see if interest rates keep dropping, or if they may eventually dip below zero in the United States.Recently, former Chairman of the Federal Reserve Alan Greenspan said it's a possibility, as rates have remained historically low for the past few years.In San Diego, the results of a negative interest rate would be good news for some and bad news for others."Low rates are a double-edged sword," says Dennis Brewster of SagePoint Financial. "If you're a borrower, if you're looking to buy a house today, mortgage rates have never been lower. But if you're a saver and you have money in the bank or in a CD, your rates are pretty poor."Brewster says the interest rate tends to drop when growth in the US is slow, both for the population and the Gross Domestic Product. He says that's what's happening now, as the baby boomer generation is getting older and later generations have fewer children. Brewster says slower population growth leads to slower economic growth because there are fewer people in the workforce, which means company production is down, and so is spending. He says that is happening despite record low unemployment.As for negative interest, Brewster says the average San Diego shouldn't worry since it's unlikely to happen."I wouldn't change your long term plans," he says. "The economy can move forward through high or low rates." 1411

SAN DIEGO (KGTV) -- Local agencies voiced their support for the two Los Angeles County Deputies were ambushed and shot while sitting in their patrol car Saturday night.The San Diego County Sheriff’s Department shared a message of solidarity on Twitter late Saturday night, saying department staff are sending thoughts and prayers.The San Diego Police Department and San Diego FBI also reacted to the shooting.All of us at @SDSheriff send our thoughts and prayers to @LASDHQ after two of their deputies were shot in the line of duty. https://t.co/n7eQHs9eUc— San Diego Sheriff (@SDSheriff) September 13, 2020 Tonight, our thoughts and prayers are with @LASDHQ as two of their deputies are fighting for their lives. The two deputies sustained multiple gunshot wounds in an ambush attack as they sat in their patrol vehicle. https://t.co/JXtgtF1wkw— San Diego Police Department (@SanDiegoPD) September 13, 2020 The FBI San Diego Division stands in solidarity with the Los Angeles County Sheriff's Department tonight. Two of their deputies are fighting for their lives after being shot in an ambush tonight. @LASDHQ https://t.co/elvH9SzNaU— FBI San Diego (@FBISanDiego) September 13, 2020 RELATED: Two Los Angeles Sheriff's deputies shot in ambush attack at Compton train stationThe 31-year-old female deputy and 24-year-old male deputy were shot as they sat inside their patrol vehicle just before 7 p.m. at the Metro Blue Line station in Compton.Authorities in LA said both deputies were rushed to the hospital with multiple gunshot wounds. Both deputies are in critical condition, the department said.Video shows the suspect approaching the deputies from behind the vehicle before walking along the passenger side, raising a pistol, and opening on fire.The shooting also sparked a protest outside the hospital where the deputies were taken. Authorities said on Twitter that demonstrators shouted “we hope they die.” 1922

SAN DIEGO (KGTV) -- Major changes are proposed to an exemption in state law that allows for a person under 21 to buy an assault-style rifle with a state-issued hunting license.The senator pushing behind the legislation also says he could author bring about more changes next year, including addressing an issue 10News uncovered in the wake of the Poway synagogue shooting in April. On Jan. 1, the state of California raised the legal age to buy all firearms - including long-guns - to 21. There were, however, exceptions for those over 18 who are military, law enforcement, or possess a valid, state-issued hunting license. Accused Poway synagogue shooter John Earnest, 19, purchased an AR-15 style weapon from a dealer in San Diego. State Sen. Anthony Portantino, a Democrat from the Los Angeles area, has amended current legislation, Senate Bill 61, to eliminate the hunting license exemption for "semiautomatic center-fire" rifles for those under 21."This is the weapon of choice that is finding itself into the wrong hands and, frankly, killing children,” Portantino said in an interview. "From our perspective we want to make sure we have a bill that gets signed into law that solves a problem.” Gov. Gavin Newsom has expressed support for this change.Portantino also said he would continue to seek out changes during next year's legislative. That includes potentially installing better verification practices when it comes to exemptions. That's because Earnest, a college student, did not have a valid hunting license when he purchased the firearm allegedly used in the attack, Fish and Wildlife has confirmed. 10News reported that under current law, the Justice Department leaves the responsibility to individual gun shops to verify hunting licenses. It does not verify them again with state Fish and Wildlife during the 10-day mandatory background check. Portantino said this is on his radar for the 2020 session. "This issue certainly highlights these legitimate questions," he said. "So yes that’s one of the things we’re looking into for next year is ensuring that when you collect data you want to make sure it’s used for the right purpose. We're definitely looking to make that system better without a doubt."The gun dealer, San Diego Guns, has insisted it did everything properly in the transaction. Earnest is accused of fatally shooting Chabad of Poway congregant Lori Kaye and injuring three others on April 27. He is now facing more than 100 federal hate crime charges. 2496

SAN DIEGO (KGTV) — Longtime San Diego State football coach Rocky Long is stepping down after nine seasons.San Diego State officials announced Wednesday that Long will be replaced by Aztecs defensive line coach Brady Hoke.Hoke was SDSU's head coach in 2009 and 2010 before leaving to become head coach at Michigan. Long served as defensive coordinator under Hoke and replaced him when he left in 2010.RELATED: San Diego State basketball reaches top ten in polls for first time since 2014During his nine seasons as head coach, Long lead the team to a 81-38 record, three Mountain West Conference championships, and four 10-win seasons since 2015. Combined with previous head coach positions, he is 146-107 in his career."It's time. It's time," Long said. "I love coaching but I don't necessarily love all the things head coaches do."Long said it's time for a "new face" and "new voice.""It doesn't mean the message will be different it just means it will be presented in a different way ... as you grow older you know when it's time," Long said.RELATED: San Diego State's stadium effort gets -million donationLong never saw a losing season at the helm in San Diego, his team's best performances coming in 2015 and 2016 with back-to-back 11-3 records. He was named Mountain West Conference coach of the year in 2012 and 2015 and led SDSU to a bowl appearance all nine years, with four bowl wins.SDSU's most recent season saw the team end with a 10-3 record and dominant 48-11 win over Central Michigan University in the New Mexico Bowl.Since taking over as head coach, Long has led San Diego to rank 11th in rush defense and interceptions, 14th in total defense, 20th in scoring defense, 22nd in turnovers caused, and 26h in defensive pass efficiency, according to the school.It's unclear what Long intends to do next, but sources tell ESPN he spoke with Syracuse about a defensive coordinator position recently and intends to keep working. To that point, Long remained coy on those rumors, saying only that he's been contacted by programs and "as of this moment I'm retired. That doesn't mean I'm not going to listen to what they have to say.""I was smart enough to listen. And a couple of those places I visited," Long said. "I mentioned it before, I'm tired of being head coach but I love coaching."RELATED: Holiday Bowl kicks off amid uncertain futureHoke posted a 13-12 record during his first two seasons with San Diego, going 4-8 in his first year and turning the program around to a 9-4 record and Poinsettia Bowl win the next season. As head coach at Ball State, SDSU, Michigan, and Tennessee, he's recorded an overall record of 78-72. "When Brady decided to come back I told everybody he's the best defensive line coach around," Long said of his replacement. "He's a great guy and a great head coach."Hoke thanked Long and the program officials that looked to bring him back into the Aztec fold."It's great to be back," Hoke told reporters Wednesday. "You never get to do something twice that you really want to do in life ... I can assure you, we are going to keep going in the direction that we're going."Hoke said he'll next be looking at how he'll put together his coaching staff, saying "I think the guys here are a privilege to work with and are good men."In his time away from San Diego State, Hoke says he plans to continue the trends and successes already in place."I think philosophically, that hasn't changed much," Hoke said. "You always grow, if not, you won't get to where you want to go." 3521

SAN DIEGO (KGTV) - In a graphic display, a former charter boat captain demonstrated Wednesday how to make the knots found on Rebecca Zahau’s body, according to the San Diego Union-Tribune.Zahau was discovered bound and hanging from a balcony of the Spreckels Mansion in Coronado in 2011.While the San Diego County Medical Examiner’s office determined the death was a suicide, Zahau’s family believes she was murdered.The Zahau family filed a wrongful death lawsuit against Adam Shacknai, the brother of Rebecca’s boyfriend and the only other person in the home at the time of her death.Lindsey Philpott used a lifelike mannequin covered with a white sheet to show the overhand and clove hitch knots, which, according to the U-T report, Philpott said were common for nautical uses.Shacknai works as a tugboat captain.Philpott said under cross-examination that both knots are simple and widely used, the Union-Tribune reported.The Zahau wrongful death trial, which was in its fifth day Wednesday, is expected to last four weeks. 1034