deepest love to michelle crag barak, kelly, and the sixth, irrepressible grandchildren whom she helped to raise. and so loved and in whom her kind and gentle spirit lives on marion robinson was 86 the skis cnn breaking news hello everyone. thank you for joining me. i m alison chemla radha in for fredricka whitfield today. so we do have breaking news out of florida, nasa officials are expected to speak soon. this will be the first time that they re speaking since rubbing the launch of boeing s historic starliner test flight today, an automatic hold stopped the countdown clock with less than four minutes to go. the two astronauts who were headed to the space station are now back at crew quarters after leaving the capsule. a short time ago cnn space and defense correspondent kristin fisher is live from the kennedy space center for us. so kristen as you explain to us, while we were all waiting and watching and hoping this what happened, this potential launch has been in the m
Refiners are facing a renewed threat to their production. Good morning to you, yvonne. Ye on japan e and korea. Trade was focused on Hurricane Harvey. I want to bring up a function. Are hurr you at the red dot, showing some of the refineries that have been closed. You can see that there are more red than blues. The reds meaning the refineries that have been shut down. That has left the markets uncertain today, particularly as this destruction is only going to get worse. The flooding is supposed to peak on wednesday and thursday, so this is not over yet. This is going to be the entire week the houston area will be dealing with the devastation. It seems like it has reignited the storm and flooding , moving over to the louisiana side. Definitely, our hearts go out to everybody in the u. S. We had to take a look at the headlines. In the last 90 minutes or so, north korea, firing this missile. Up and over japan, a little bit more serious given the fact that it has flown over japanese airspa
Gold all muted but anything goes as abuse headlines crossbreed david there are so many. The morning brief. But anything goes across of the headlines. David bank there are so many. At 2 00, the Federal Reserve will release its beige book looking at the u. S. Economy. An update of headlines outside of the Business World with taylor riggs. Taylor starting with a hurricane, the most powerful to form in the Atlantic Ocean is preparing to hit florida. Passedricane of irma over the caribbean street it could hit south florida this weekend. A worstcase scenario have it destroyed so much property that damages would surpass Hurricane Katrina a that was the most expensive Natural Disaster in u. S. History. The south korean president is seeking Vladimir Putins help for north korea and they met and not stop,rth korea is the situation could turn uncontrollable. Putin said there is no need to back a north korea in a corner. President trump has left a door open for little bit to end daca. Last night co
Major averages are lower. Dipping dealing as low as a 1 decline, but all three still lower as we have concerns about Central Banks effectiveness in fighting global slowdowns. Not giving aspan much stimulus as had been anticipated. Franko heard from the fed kaplan who questioned the effectiveness of monetary tools or the difficulty in using monetary tools. If you look at the threemark ix, itmonth chart of the v shows it is the highest it has been going back to the period surrounding the u. K. Vote to leave the european union. If you look at other assets, the is seeing an uptick or gold futures are rising for the sixth straight session, and crude oil futures are trading lower. That is how this macro view is playing out. Lets go back to stocks. Transportation a huge drag. Delta going down after unit valley value fell. Royal caribbean lower after its earnings report, and forward, not technically in the transportation average, but it makes stuff that gets you place. They came out with july
Ourselves it is still winter. Im always saying when we get these situations and weve been spoiled with sunshine, hashtag sees nald reality. So thats exactly what it is. We are definitely still in winter and we are going to get a brief appearance of some winter precip once we head into tonight. So lets take a look at whats going on. Cause and effect weve got a clipper system and that clipper system is going to cross our area tonight and with it we are looking at a very light dusting or even a wintry mix with a mixture of rain and snow. But it looks like its not going to happen until the overnight hours and linger a little bit until the Early Morning. You can see that that low pressure system is right here to the north and weve got the frontal system to the south of it and you can see the line of rain ahead of it and where the colder air is just here to the south of that system, thats where theyre seeing a little bit of that snowfall right now. But were going to watch this very closely.