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Wait. The pressing issue today for tens of millions of americans as hurricane rv. Its not the wind that is struggling, its the rain. Over texas and louisiana dumping 20 inches or more. Serious flooding predict it. Theres one winner winner. 759 million. The Winning Ticket bought in massachusetts. If he or she takes a lumpsum payment, it will be around 450 million. Then, it will be taxed by massachusetts. The actual payout, 250 million. The feds and everybody else get the half a million. What a de...

About the president but the president followed up with tweets, despite the two will meet sometime first full week of september, after next weekends labor day weekend, the president tweeting i requested that Mitch Mcconnell and paul ryan tie the debt ceiling legislation into the popular va bill. Coming from the president which passed for easy approval. In other words, he is attaching strings to raising the debt ceiling. They didnt do so, president says. We have a big deal with dems, holding them ...

Well take you live to the white house for details. Also Hurricane Harvey gaining strength and speed as it barrels down the gulf coast. Were tracking the storm from the Weather Center and well have the very latest when and where it is expected to make landfall. Cheryl get back what were looking at with regards to the markets. Losses accelerating into the close. Were down 29 points, 21,872 782. Gerri willis standing by on floor of the New York Stock Exchange looking at bigger movers, movers to the...

John roberts has our report. Gregg, the tweets that president blasted out today were tame in comparison with some of what he sent out before. But it was clear this morning that president still has a lot to get off his chest. I put out a tweet or a couple of tweets, he . A twitter storm again, i dont do twitter storms. Reporter President Trump insisting he does not engage in tweet storms. Storm cloud gather over white house this morning as president let loose on a number of topics beginning with ...

Debate on tax cut, u. S. Stock market futures, down 4 points on the dow, up 2 points on the nasdaq, of course, all three major averages higher on the week. In europe all eyes on central bank. Rollback of economic stimulus. Lauren we do have breaking news. We see how the market is responding to this. The south korean judge ordered five years in prison and the south korean kospi up fractionally. Cheryl well, that didnt take long a day after getting Regulatory Approval am done says its going to sta...

Sustained winds increased to 120 Miles Per Hour. Harvey is located about 75 miles southeast of Corpus Christi, texas. The eye is now becoming apparent in the go 16 visible imagery. We can see the eye on the radar from Corpus Christi as it makes approach to the middle texas coast. While harvey is going to make landfall in the middle texas coast late tonight or early saturday morning, bringing major hurricaneforce winds on land within the warning area. Were seeing sustained tropical stormforce win...

Janet yellen and 3 00, mario draghi will be addressing the group out it jackson hole. As we look forward to those meetings today, the question for the fed is where inflation has gone if it should affect their decision on raising rates. Weve heard different opinions. When i think about inflation, i think about our mandate, which is price stability. The economy is adding. I think we are in a pretty good place. We have Monetary Policy. That tells me we should gradually remove accommodations. As the...

Under no circumstances would i resign. Mark after last months shooting in orlando. They notify next of kin. They report released today says the rush to get to the scene, agents didnt bring the proper equipment. 49 people were killed during the june 2016 shooting at was the worst mass shooting in modern u. S. History. Local news 24 hours a day powered by more than 2700 journalists and asked him and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Abigail live from bloomberg he...

Emily i am emily chang and this is bloomberg technology. Apparent goes from crown prince to cautionary tale after a judge hands down one of the harshest sentences for a Top Executive in south korea. What is next for samsung and who succeeds jay y. Lee . Our roundtable discusses. It is going down to the wire with alibaba a few billion dollars away from snatching the crown from amazon. We will break down the Second Quarter rally that closed the gap. They are not the only billionaires betting on ou...

To know a little about your life is to see a remarkable series of progressions. What is the key to that success . I think the single biggest thing is saying yes to opportunities when they come along. I always thought i would head back home to minnesota and build a career in law and politics. When i finished with Jessica Fryer in 2005, i moved home thinking that is where i would be. I joined a law firm and got engaged in the community. Amy close our enclosure asked if i would come out and get her...