Page 2 - First Morgan News Today

200mileanhour winds and its heading right toward mexico. Were tracking this very dangerous situation. We begin with the rally on wall street with another big rally. This time its thanks to a rate cut by china and also some very good earnings right here at home. For the technicians out there, the dow, the s p, and the nasdaq have crossed above their 200 day moving averages with the s p now going positive for 2015 joining the nasdaq in that camp. The dow is still negative yeartodate. Were on watch...

Runway in that snowstorm. We have the very latest on that situation. 16 people injured, two taken out on stretchers. Now, billionaire mark cuban making waves today, publishing a blog saying we are in a tech bubble that is quote, worse than the one 15 years ago. Cuban will join us exclusively about an hour from now for more detail on this provocative thesis, bill making the rounds today. Dont miss it. One of the real you cant even call mark a survivor of the dotcom boom a thriver. He was a winner...

Budget and programs, im going to walk you through the specific items i think were requested to be presented this morning and well be happy to answer any questions. As mrs. Pose said, theres an increase in the funds that were dedicating towards safe and complete streets and also towards improving our Transit System specifically in the transportation context. So as you remember, we had come to you before to talk about the budget itself and how to implement the upgrades and remove the areas where i...

Reinforced that with the public involvement and what youre seeing there is the what the current cip recommendation needs to focus on improving those corridors and were looking at increasing our bicycle parking and our goal is to have at least 500 spaces fer year and the cip is recommending doubling that to 1,000 spaces per year. On the proposed improvements, well be doing a number of improvements which include looking at ways to fix specific complex at intersections and increasing bicycle parkin...

Been focusing on those corridors and the areas that are outlined in the black, theres 50 miles that the board requested us to focus on. Weve been working to prioritize those areas. We try to make them more like the areas thats in green so theres high capacity corridors continuous. In the five year vip recommendation, and again, this is a recommendation. The initial back strategy had three scenarios, one was the business as usual scenario which was without current funding and a Strategic Fund sce...

Areas. Bicycle has gone up over the five year period given our interest of improving those areas and traffic areas are showing large increases. So this is a new slide as well. So this is slide 27. So on safe and complete streets program, if you remember is a combination of a variety of our programs which is bicycle, traffic, our school program, access ability and traffic signals. Were projecting to spend 275 million over the five years gip and 1. 9 billion on reality and transportation sub group...

Nyse. Hi, simon. Hey, sue. Its the economy. We start with the data, the final present on First Quarter gdp is in and its not good, the u. S. Economy shrinking at an allual rate of 2. 9 between january and march. Thats the worst for five years. Durable good numbers dropping like a refrigerator, down 1 in may. Most of that drop in fairness is being blamed on lower demand for military equipment. Cnbc. Coms jeff cox is here. We call him sometimes our black swan. He sees danger ahead. Jeff, youre say...

So you know what shes saying . Shes saying its worse than it was back in march and april. The problem is that even when we see numbers go down in one place, like texas or arizona, they pop up and go up elsewhere. Cases are surging in states like missouri, mississippi and oklahoma. And the numbers are rising across almost the entire midwest. California hit a half million cases over the weekend. And the state of florida will likely hit it this coming week. Even states that had been doing very well...

Lori nice rally underway. Good afternoon, everyone. I am lori rothman. Melissa i am melissa francis. It has been 1351 days since the senate last passed a budget despite the law. They must pass a budget every year. Lori speaking of cash, treasury, budget him a new is jack lu . A man who is likely to be dominated the next treasury secretary. Melissa it is no secret that Congress Even the cardassians. Lori cannot wait to hear the results of that. Lets check on the market. It has been 15 minutes sin...

Mosaic. When its all done, its going to be a beautiful picture. The guidance also leaves a lot of questions unanswered. For example, it calls on the states to hit certain benchmarks but has no mention of how the federal government might help. Theres no mention of a National Testing strategy, a plan to help stockpile ppe, any hospital supplies, and no mention of quite possibly one of the most important things, financial assistance. Lets go straight to the white house and nbcs hans nichols. Hans, ...