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VISTA (KGTV) — A driver accused of crossing into wrong-way traffic and killing an Escondido cyclist turned to a witness after the crash and said, “I’m sorry,” before speeding off, according to court testimony Tuesday.Jamison Connor, 41, appeared in a Vista courtroom for a preliminary hearing on several charges. Judge Carlos Armour determined there is enough evidence against Connor to proceed to trial, which was tentatively set for June 2.Connor is accused in the hit-and-run crash that killed 36-year-old Kevin Lentz.RELATED: Suspect accused of hitting, killing Escondido cyclist makes court appearanceFriends mourn bicyclist killed in hit-and-run crashLentz was cycling with a group along La Honda Road north of El Norte Parkway when he was hit head-on Nov. 23, 2019.Officers initially arrested Connor on an unrelated parole warrant for suspected drug and weapons violations, but quickly linked him to the deadly crash.“I feel like the evidence is very, very strong and so that helps me be a little more confident that there will be justice in this,” said Devin Rickey, one of several friends who attended Tuesday’s preliminary hearing.RELATED: Grieving family learns of hit-and-run arrest on Thanksgiving holidayAn Escondido police officer testified at the hearing that after the crash, a witness tried to follow the fleeing sedan. The driver turned to the witness and said, “I’m sorry,” before taking off, Officer Trent Aronson testified. 1453
Wall Street does not like the mixed messages coming out of the White House on trade.The Dow fell 600 points, or 2.4%, on Friday afternoon. The Nasdaq plunged 3%, while the S&P 500 retreated 2.4%.The Dow closed for the day down 588 points.Stocks had been trading higher earlier Friday, but the market turned sharply lower following conflicting messages coming out of the Trump administration about trade.While White House economic adviser Larry Kudlow sounded an optimistic note about China talks on CNBC, trade adviser Peter Navarro was simultaneously warning on CNN of higher tariffs if issues aren't resolved during the 90-day negotiating period."We've gotten a hodge-podge of mixed messages from people in the same administration," said Art Hogan, chief market strategist at B. Riley FBR. "We're not sure who we're supposed to listen to."Investors also received a softer jobs report on Friday. The Labor Department said the United States?added 155,000 jobs in November, missing expectations for a gain of 200,000. But the labor news did not trigger a selloff and some traders likely figured the slowdown in hiring will reduce pressure on the Federal Reserve to raise interest rates.Worries about the negative consequences of the trade war and hopes for progress have launched Wall Street on a wild ride of late. The US-China ceasefire sent stocks soaring on Monday. But doubts about the truce helped knock the Dow nearly 800 points into the red on Tuesday. And then the Dow plunged 785 points on Thursday before staging a huge comeback."It doesn't feel like much of a ceasefire," said Ed Yardeni, president of investment advisory Yardeni Research. 1697
WASHINGTON — It’s a hurry up and wait moment on Capitol Hill for congressional negotiators on a must-pass, 0 billion COVID-19 economic relief package struggle through a handful of remaining snags.The holdups mean a weekend session appears virtually certain, and a top lawmaker warned that a government shutdown this weekend can’t be ruled out.Government funding is set to expire on Friday at midnight, and lawmakers are seeking to tie the COVID-19 stimulus deal with a funding bill that will keep the government open until next September.According to CNN, Republican leaders have floated a plan that would extend the funding deadline by 48 hours in the hopes of hammering out the final details of the stimulus deal. However, Democrats have indicated that they would like to strike a deal before the deadline — a negotiating ploy, as Republicans would need to strike a deal with their backs against the wall.All sides appear hopeful the wrangling won’t derail the legislation. Senate Majority Leader Mitch McConnell has already said he plans to keep the Senate in Washington over the weekend in the hopes of striking a deal.The central elements of the hard-fought aid compromise appear in place: more than 0 billion in aid to businesses; a 0-per-week bonus federal jobless benefit and renewal of soon-to-expire state benefits; 0 direct payments to individuals; vaccine distribution funds; and money for renters, schools, the Postal Service and people needing food aid. 1487
WASHINGTON — U.S. long-term mortgage rates fell this week, reaching record lows for the 13th time this year amid fresh signs of weakness in the pandemic-ravaged economy. Mortgage buyer Freddie Mac reported that the average rate on the 30-year benchmark loan declined to 2.72% from 2.84% last week. The average rate on the 15-year fixed-rate mortgage fell to 2.28% from 2.34%. The low rates in 2020 have spurred demand in the housing market. The National Associated of Realtors says housing offers for single-family homes have increased for six consecutive months. They are now at their highest level since 2007, according to the Census Bureau. Existing home sales in October 2020 were 26.6 percent higher than the number of sales in October 2019. The median sale price, nationwide, has also increased; it is now 3,000, roughly 16 percent more in 2020 than this time last year.The NAR has warned that the dwindling number of available housing units is down to only a few months supply. Fresh signs emerged this week that the resurgent coronavirus outbreak is likely slowing the economy and forcing more companies to cut jobs. The government reported that retail sales in the U.S. grew a sluggish 0.3% in October, even as retailers offered early holiday discounts online and in stores. 1294
WAKE COUNTY, N.C. — A 22-year-old man has been charged after posting a video of himself driving 198 miles per hour in a Dodge Challenger SRT Hellcat, according to a KABC?report.In the video below, the driver and his friends can be seen celebrating after his car reached 198 mph on a North Carolina freeway.No, that's not a clip from a Fast and Furious movie.A Challenger SRT Hellcat starts at 707 horse power and tops out at about 200 mph. A 2018 version of the vehicle starts at about ,000.The video went viral online, and was eventually spotted by local police. Police say William Jefferson is now facing street racing and reckless driving charges. 671