Runways. Insurance stocks taking a look at features, dow down 36, nasdaq town 12. Cheryl in europe stocks open under pressure. Lauren cooper has a new cbo. The earth to take over and turn on the company. Fbn am starts right now. Cheryl 5 01 a. M. In new york. Monday, august 28. Good morning, everyone. Cheryl casone. Lauren thanks for joining us. Lauren simonetti. Cheryl a devastating weekend in texas. Houston is dealing with record flooding is catastrophic rain is Life Property in the nations fourthlargest city wrecking the epicenter of it all come assessing damage from the Tropical Storm in a decade. Just a warning. Incredible, incredible pictures in houston at the National Weather center said, this is something weve never experienced before over such a wide location. Maybe you can see the rain still falls in houston. Your headline this morning. The floodwaters continue to rise because they are now beginning to release this morning and water from reservoirs were compromising dans. Rel
Being forced to leave and leave right now. All of this as President Trump tours the devastation beginning in corporate us krity Vice President pence will head to texas later this week Contessa Brewer will get the latest on relief and recovery earnings there lets go to john kern an, pretty dramatic scenes in dickinson, a lot of water between here and houston, turned into a bayou. I wish i could say that was the end but apparently not after opening down triple digits, the dow is positive. And investors brushing aside fears about north koreas latest Missile Launch United Technologies and caterpillar and apple leading gains and financial and material stocks the biggest laggards right now. Lets get you caught up on the latest on harvey the storm setting a rainfall record for tropical cyclones in texas. The National Weather service just over 49 inches of rain has been observed at locations southeast of houston flash flood warnings remain in effect throughout houston, about 300,000 people by
[bleep] that conversation was recorded on a hot microphone in 2005 in an access hollywood bus. He was just eight months into his marriage to his third wife melania and telling billy bush and others how he tried to seduce a married woman. And tonight, inside trump tower, the republican president ial candidate posted this message. Anyone who knows me knows these words don am. I said it. I was wrong. And i apologize. I pledge to be a better man tomorrow. And will never ever let you down. Lets be honest. We are living in the real world. This is nothing more than a distraction from the important issues we are facing today. I have said some foolish things but there is a big difference between the records and actions of other people. Bill clinton has abused women bullied, attacked, shamed, and intimidated his victims. We will discuss this more in the coming days. See you at the debate on sunday. Political insider brahm resnik had a chance to ask clintons vp pick tim kaine what he thought abou
Issues. About 30 minutes into the trading day in the u. S. Lets into the markets desk. Julie the preliminary reading on Consumer Confidence for june coming it at 94. 3, a slight decline from 94. 7 in may. It is above the slight average economics economist estimates. It was rated stronger than at any time since 2007. That is the fascinating figure from this. Tothe same time households not see the economy growing as fast as they did last year. That is what accounts for a little bit of slowing in Consumer Sentiment. The broader economy appears to be what is weighing on investors minds this morning. Not just here in the United States but around the globe we have seen a selloff as investors are trying to gauge the ability of Central Banks to stay off some kind of Global Economic downturn. Also people not necessarily wanting to be long in the weekend ahead of the week for the Federal Reserve that the bank of japan are meeting, and then ahead of the brexit vote. The nasdaq down by 1 . What we
Here in the denver area. We are at 83 now. Out at the airport, 60s and 70s across the Eastern Plains and cooler air trying to sneak in. As far as the threat for severe storms, that will be out there later this afternoon and into this evening so i dont think we are completely out of the woods just yet. On hd doppler 9, there are showers and thunderstorms firing up across portions of the san juans, the North Western corner. We had a few severe storms across southeast colorado. Os here in town, nothing yet, but if you look to the west, there are the showers and the thunderstorms pushing through possibly within the next hour or so making their way to the north and to the east. Throughout this evening, a line forming right there around 7 00 p. M. From sterling southward to limon and across southeast colorado. We will have maybe another little band pushing through around 10 00 and 11 00 and everything moving out. So storms will be possible throughout this evening. Tomorrow will be featuring