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Performers in the s p and google and microsoft both reporting in three hours time from now. Plus the water crisis in california. Beverly hills making a big move in the last few hours. Were spending much of our time in the golden state covering the Economic Impact of this severe drought. By the way, that is where we find Brian Sullivan. Hes right off the 5 just northeast of los angeles in castaic castaic. How are you going . Reporter im going all right. I think im going better than this reservoir here. This is a major crisis in california and the Economic Impact too, not just environmental, can...

Back after the tenyear hit a sixmonth high earlier in the session. We talk to pimco chief officer scott mather in just a few minutes. And treasury yields across the pond as well have had a huge gain. Also that picasso painting sold at auction last night, a record 179 million. Economist norle ra lle lle Nouriel Roubini will be here. He thinks some people use expensive art as a form of Money Laundering, unquote. Hes at it again. Hes dr. Doom of the art market. With an hour to go in the trading session, the dow is down about 18 points. Again, fall back into positive territory. An ounce of downwar...

Well go over to japan and tell you whats going on there. Lets get to our road map here. Youve got mail. Verizon aol, 4. 4 billion. Why is armstrong selling the company he runs and why verizon is buying a content business . Plus as we mentioned, we are seeing red in the premarket. Stock futures are lower as that selloff in bond continues. Another month of weak numbers from the gap. Retailers april sales came in below consensus blaming, what else . Youre thinking weather . No. Strong dollar. Thats what they are going with at the gap. Verizon agreeing to buy aol 50 a share, 4. 4 billion a cash. T...

Good to have you here. Good to be here. Not so unusual on the first trading day of the year that you would have a reversal of some of the trends you saw last year. Overall stocks were up and now they are down. Individual stocks did very poorly last you and are up today. That is right. Tried to play the counter trade. Time for a big picture. To tell you what is happening right now, we will start with the s p 500. Down about one percent. We were up six percent in 2013. No one wanted to sell them. Today, fine. We put a little bit of the profitability in our park it pocket. This is a surprise. Rig...

First off lobsters fresh out of the ocean. You will meet one of the largest new york city distributors of these crustaceans. We will also show you fresh fashion. U. K. Supermodel lily cole will be joining us. Of the impossible lily. Before that, headlines with olivia sterns. Thanks. The chair of the Central Bank Held her first News Conference today. That was after the fed announced the stimulus could end of this fall and rates could rise six months later. Yellen said they would look at a broader array of data. This is the formulation of what we will be looking at, which is how far are we, how ...