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And welcome to power lunch. Im melissa lee. Heres what else is happening at this hour. Stocks pushing higher with the dow and the s p 500 erasing all of septembers losses while the nasdaq on pace for a record close here. Existing home sales falling 0. 9 last month. Economists were looking for a gain. And North Carolina under a state of emergency following days of Chaotic Street protests after the Fatal Shooting of a black man by police. Weve got a live report straight ahead. But first, we got to get to Tyler Mathisen live at the iconic conference in boston. High, ty. Melissa, thank you very mu...

Good thursday morning. Business insider ceo henry blodget. Good to see you. Great to be here. A rally on our hands. The dow and the s p wiping out their losses for september. The industrials are leading the s p. Once again, henry, were at a stage where the fed acts, people who doubted their resolve get faked out, and a rush to buy again. Great to see a successful ipo. Always more fun when stocks are going up. I think from a high level as weve talked about in the last couple years, valuations are high. At some point if the economy keeps doing what its doing, chugging along, inflation keeps comi...

North carolinas governor declaring a state of emergency. An extra 700 Law Enforcement officers will be on the ground tonight in the hope of avoiding riots and chaos that have overwhelmed charlotte over the two nights previous. But strangely, the chief of police says tonight there will be no curfew. Disturbing video emerged showing dozens ofview rioters brutally attacking officers and by extenders. A white man dragged and beaten by the mob as he begged for mercy. Well have the latest details for you on a city unable or unwilling to maintain law and order. To protect lives and property. Is charl...

Lehman brothers. The Federal Reserve keeping Interest Rates incredibly low. Some say the low rates prompted bad behavior like wells far go opening up unauthorized bank accounts. Gary tom russo was a chief executive officer of Lehman Brothers and currently of a. I. G. What has changed in the last 8 years . I think a lot has changed. After doddfrank there is a lot of attitude, certainly a lot of regulation. The capital cushions are a lot more now and stress testing having he living wills by the major institutions. In and of itself im personally not crazy about the idea. But it forces people to t...

Reporter fit fell in a slightly different angle. I would have where buried with tree limbs or whatever else and probably part of the house as it came down. Reporter witnesses say sudden wind episode happened around noon. It a appears concentrated on a several block area of feasterville near wood land road. Merrill through off the roof of the tire business and, sections of the shingle were ripped off he will see mcdonough as roof. We have a section of our roof that was torn off and the tree going down and it was a little scary. Reporter lower southampton township bub works were a able to remove...