Look at the green arrows back this morning, even though the government could potentially be shut down. S p futures up by 4. 5. The nasdaq up by 19. Well talk more about that potential Government Shutdown in a bit. Overnight in asia, the nikkei higher. Up 0. 2 . Hang seng up by 0. 4. So was the shanghai in china in europe, at least right now green arrows across the board. Biggest gainer of the major averages is the dax, which is up by almost 0. 9 percent. The tenyear yield hitting 2. 64 yesterday. Thats the highest level since september of 2014. Again, concerns about the Government Shutdown really pushing things well see what happens to the tenyear when and if a budget deal is found. Right now it looks like its setting in at 2. 63 . Some big headlines this morning. Ibm returning to Revenue Growth for the first time in five years. Shares are down. Theres weaker than expected guidance overshadowing that news the company beating on the top and bottom lines but took a charge of 5. 5 billion
And that historical president is not a good president. Advising them to review their contingency plans. Now the last shutdown in 2013 lasted 16 days in the event of another shutdown, u. S. Military operations will continue but Service Members wont get paid. However that lost pay will be made up, staffing at most Government Agencies will be cut to just a fraction of normal levels, except homeland security, youll still see the same amount of tsa agents at airports. It couldnt come at a worse time for the centers for Disease Control and prevention, the city has you know is facing one of the worst flu seasons in year. What is the local impact of this possible shutdown . Dr. Tom freedman was the cdc director during the last Government Shutdown, he recently tweeted this. The 2013 Government Shutdown was like a scene from a Science Fiction movie, empty labs and offices at cdc, shutdowns, he writes are not safe. On its website, the cdc assures clients it works 24 7 saving lives and protecting
New evacuations just ordered. More days of flooding rains ahead, the worst far from over. Lives hanging in the balance. The race against time right now. Announcer this a special edition of Good Morning America, disaster in texas, flooding catastrophe. Good morning to our viewers in the west. Youre looking live at a neighborhood in texas. The rain still coming down. Its far from over. More than 2,000 rescues in the houston area. Many residents still stranded. This shows flood victims waiting to be rescued. Take a look at some of these before and after images, truly stunning. This is the interstate before harvey and just a few hours later look at that. The rising water almost all the way up to that sign and then take a look at the runway at Hobby Airport before and now it is completely under water. Heres what we know this morning. At least five deaths so far have been blamed on the storm. Up to 50 inches of rainfall in the storm zone. Fema has been deployed to to the scene. The governor
More days of flooding rains ahead. The worst far from over. Lives hanging in the balance. The race against time right now. And, good morning, america. You are looking live now at houston, texas, that is a neighborhood of meyerland. Entire neighbors under water as you can see. The rain still coming down. Thats drone footage of the city as well right now. The rain is coming down. Houses just about submerged. We have never seen anything like this. Incredible all the video and images coming in and, of course, harvey is still wreaking havoc on the fourth largest city in america and as beef been saying it is far from over. Much more rain to come. More than 2,000 rescues. Take a look at this video from overnight. That man just holding on to his car waiting to be rescued as the current threatens to keep him away. More rescues still going on right now. Well talk to the police chief about that in a moment. Take a look at some of these before and after images, truly st stunning. This is the inter
Savannah guthrie, live from studio 1a in rockefeller plaza. Good morning, everybody. Welcome to today. So good to have you with us on thursday morning. We have craig in for matt once again. For the first time in a week, for the first time in a week, the rain has finally stopped, but of course harveys fury is still being felt across the gulf coast. Lets get to the latest. Breaking news in crosby, texas, just outside houston. Thats where fire is burning at a Chemical Plant following two overnight explosions. Its owners had warned they were unavoidable after the facility lost power and its ability to cool those potentially volatile materials. Well go to crosby live in a moment. At least 28 deaths are being blamed on the storm, but that number is expected to climb sharply in the coming days. Houstons Fire Department is beginning a blockbyblock search of thousands of flooded homes today. In texas alone, 25,000 water rescues alone have been carried out since the storm started with Ongoing Op