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Nightly Business Report for wednesday, may 7th. Going, everyone, and welcome. Federal reserve chair janet yellen went to capitol hill today. She told Congress Joint Economic committee that the u. S. Economy is turning up after a winter of virtual standstill. But she pointed to several areas that bear watching, among them, housing. Steve liesman has our report. Reporter fed chair Janet Yellens testimony before Congress Joint Economic committee today blamed the first quarters economic weakness solidly on the harsh Winter Weather saying she already sees a rebound in spending and production in the...

Lifted lida Gustavo Petro promises to an to decades of conflict. But he also faces a long list of social and economic challenges. Ah, im jarrett read welcome to the shore. A ceasefire, broken by egypt has gone into effect following 3 days of deadly violence between israel and the Palestinian Islamic jihad militant Group Authorities in gaza. Say at least 43. 00 people including children, were killed in is riley as strikes since friday. Hundreds more people have been injured. Palestinian militants logged a barrage of rockets towards eas, routing response. Its the biggest escalation in violence i...

This stock market. Cant do it alone with the economy. We saw it this morning. In the glorious takeover hallelujah of Kinder Morgan by rich kinder himself and the s p is gaping 2. 8 and the nasdaq is jumping. There were many reasons for it to occur. First and foremost, rich kinder loves it when shareholders make money. And he alluded to that front and center this morning when i spoke to him on squawk on the street. But the main reason is that Kinder Morgan was having trouble growing because the cumbersome structure, the parent company, didnt let the business expand as quickly as it should. Even...

11 00 a. M. Eastern. We have a triple digit big board lost, so much for 17 k. I go way, we get to use the 17 k graphic, come back as we are down 108 points. Smallbusiness optimism is down. That is not helping the market. Dungee goes 108. Is indeed 500 also on the downside to the tune of 12 points. Look at the nasdaq, 40 points lower, broad selloff across the board, a 58 point loss for the nasdaq, 58 points down, the worst one day loss since may of this year. Charles payne is here, thank you very much, all that hard work getting the ratings to go up. That is great. Thank you very much indeed. L...

Apology for the grandmas before they pass away the messages here are both for the. Many who are unaware situation. There are some messages year meant for the victims themselves the mission in france a while was treated for visitors to leave notes encouraging for the victims at this mall has been brought to korea and has been added to the evocation of notes of Hope Christian names and love for this minds. He knew. Now some of the images look in their iam very interesting exhibition but some of the images look very crafty in this. That exhibition is being held at the curragh get my money is he w...