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Federal funds rate this year. Porsches top man is expected to become ceo amid investigations and lawsuits. Nike sees a 23 bounce in First Quarter profits thanks in large part to china. Get in line. Apple fans form queues outside of Stores Across the globe as the new iphone 6s goes on sale. We pick up on the trail of pope francis as he visits the big apple. And an equity extradition. Will the trader at the center of the flash crash allegations be sent to face charges in the u. S. . Speaking yesterday chair janet yellen saying that the fomc still expects conditions to be right to raise Interest ...

Commodity prices downs a well as concern over fall out from china continues. 11 million cars may be effected and the stock, its down another 20 this morning, volkswagen. And bank of America Votes on the roll of its chief executive. And that share holder meeting begins within the hour. Jim. What explains this turn round, because japans closed, asias been moderate overnight. I think most of the markets in a bear market. This kind of behavior should have happened yesterday. And somehow the market rallied. Its almost like it got the wake up a call that it shouldnt have rallied yesterday. I got to ...

storm. our meteorologist jen delgado joins us from the cnn weather center. jen, how is it looking now? >> we still have watches and warnings across parts of the midwest. of course, we talked about the stormed that happened earlier in the week but according to the national weather service it looks like based on doppler imagery we look like a possible tornado touched down in arkansas. anywhere we're seeing in red we still have a tornado watch in effect. that's for parts of arkansas and missouri. if i take you over to this, we have a report that one person died. it's a rural town, but b...