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Call as to whether the u. S. Gets a recession, but he is still expecting one, predicting that we could get rate cuts before the end of next year if the economy slows. Joining us now is nathan sheets. Good to have you. Weve had a day or so to slice and dice cpi. A lot of discussion about shelter away from home and so forth. How does it feed the fed i guess communication over the next few weeks . Yeah, i think bottom line on this cpi report is that it was a reminder to jay powell and his colleagues, yes, they made some progress on inflation, the road back to 2 will be long and challenging. And t...

Capital all coming to you less than 30 minutes from now. Between now and then we have news to bring you. Here are the top business headlines. I knew a. 2 stake in a natural gas company. Carl icahn a wellknown activist thinks this Companies Shares are undervalued. He wants talks with Company Management and might seek board seats. Shares are down 8 this year but in the premarket up 5 on the strength of this new stake taken by carl icahn. A new discount website is reportedly getting the Cold Shoulder from retailers the wall street journal says macys, amazon, home depot, are complaining about jet....

Burr for some in the strike zone, theres nowhere to go. We dont have the money to take that ride out of town. Those preparing as best they can. Plenty of canned food, just the essentials. Bracing as Hurricane Harvey inches closer to the coast. The National Weather Service Forecast is call iing for 32 inches of rain here over the next several days. Jay gray, nbc news, victoria, texas. From victoria, lets take a live picture at Corpus Christi, texas. You can barely see anything. The storm clouds coming in, the rain coming down. The texas gulf coast, by the way, is home to many of the countrys oi...

We want you toe be prepared. Where is she heading . Since last night she. Townsend has pull has pul further away from the coast. The heavier rain associated with the center of the storm is farther off shore than yesterday. There are changes ahead and we will see those later today. Completely dry for our area to start with but still a powerful storm with 65 Miles Per Hour. Still pulling away from the coastline at 12 Miles Per Hour, but that is expected to change, and that could come later today. The forecast is for a little bit of a turn. You see just a hint of it, by 2 00 this afternoon. 65 Mi...

In a moment. Also if the headlines, chinas anbang withdrawing its 14 billion bid for starwood hotels. That means starwood will be owned by marriott. Well talk about what is next. And an interesting story around the mysterious anbang. Tesla shares higher this morning. Elon musk unveiling the new model 3 in los angeles last flight. He says preorders are already red hot. Welcome. Good to be back with you. Lots to do today. We have to start with the markets, all of the viewers and listeners following that jobs number. Not a great number, pretty good number. Stock market doesnt like it. The market ...