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In 2015 on a separate payment that will not be paid. However, the vast majority of the more than 700 million that the island owes on monday by midnight on the 4th will be paid, including importantly the general Obligation Bonds that amount to about 330odd million dollars. Widely held by many mutual funds, Something Like 45 of mutual funds that invest in munis around the u. S. , melissa and brian, are exposed to some of that paper. And thats why were following the story. Kate, thanks so much. Well keep you posted on whats going on in puerto rico. This is power lunch. Im melissa lee along with b...

Target practice. Given all the volatility weve seen, are wall street strategists s p targets about to change. Do you have an answer, mandy . Theat least i have some very smart people joining me through the course of the hour with their answers. Welcome back, brian. We missed you. Begin with the wild swings in oil. Those prices were down bigtime earlier but weve seen a massive rally to the tune of about 6 now building on the two previous big up days, keep in mind. But crude has now completely obliterated all of the losses it saw in august. It was down about 20 . Jackie deangelis joins us with m...

Tyler mathisen off today and mandy at the New York Stock Exchange with bob pisani where, no doubt, its another wild day for equities. If you thought brian was messy, welcome to the first day of september. Currently sitting around session lows down 414 points. Bob, what kind of correlations could you make, maybe differences as well, with whats happening today from last monday . Well, certainly didnt have the selling pressure at important. Thats the important thing. Let me show you the s p 500. Last monday we had waves and waves of sell orders at the open. We did not have that today and i think ...

Financial institutions from doing business with them. Now, this is the second stage of the u. S. Response at least that we know about. We remember after the sony hack in advance of the release of the interview movie. The internet went dark in north korea for awhile. The u. S. Government did not deny that it was responsible. Jack lew said in a statement this is part of a range of responses the United States is making to try to show north korea that its not going to tolerate the kind of incursions into cyber space affecting u. S. Businesses and we will see what the response from the North Korean...

Outlook. Why is the stock moving higher in the premarket . Mcdonalds ceo with a vote of confidence from the board. Whats coming at the fast food giant as we hear from the chairman. And a watershed moment for twitter ceo. It is twitters investor day as yahoo Ceo Marissa Mayer faces questions of her own. First up, macys reporting Third Quarter earnings, 61 cents a share. Revenues do miss as comp sales down 1. 4. Macys also reducing sales growth forecast for the rest of the year. The ceo says he remains optimistic for the rest of the quarter. They hold margins pretty good in this environment. Inv...