inspiring america. announcer: this is nbc nightly news with lester holt good evening, everyone forecasters are using terms like heat dome and atmospheric rivers to describe what is driving extreme weather conditions across the country tonight, from dangerous rain and flooding to crippling heat many will see triple-digit highs in fact over the course of the next seven days, over 250 million americans can expect temperatures 90 or hotter. and while drought-stricken parts of the west can t seem to buy a drop of rain, too much of it has fallen in montana and wyoming. it s been wiping out bridges, roads, and literally carrying houses away. yellowstone park closed tonight a crushing start to the park s busy vacation season. from tornado sirens blaring in chicago to fires in the west, this is already shaping up to be a summer to remember our team is in place to cover it all, starting tonight with gadi schwartz. reporter: tonight, weather extremes as destructive as they a
before like this so we it don t know how much underlying momentum there is to the economy. reporter: but higher rates mean americans pay more for credit cards, car loans and mortgages. a new $400,000 mortgage on january 1st cost $17.45 a month. after two rate hikes this year that payment is now $589 more likely to go up with higher rates to come tom, a lot of folks were rocked by the big stock market drop yesterday. what did it look like today? reporter: the dow lost 151 points today, the s&p down a fraction, nasdaq up just 19. investors will be making their next decisions based on what the fed decides on rates but already the bond market is suggesting a greater risk for a recession, lester tom costello, thank you. amid those record high gas prices the white house now says president biden will visit saudi arabia next month despite his campaign promise to isolate the saudi government peter alexander is at the white house. peter, this is a big turnabout for the president. rep
equipment to ukraine s armed forces. in other news a man who murdered primary school teacher sabina nessa in southeast london is jailed for life. it has emerged that rishi sunak held a us green card well chancellor as questions continue over his wife s tax arrangements. he describes it as a smear campaign and insists no rules were broken. former tennis star boris becker is found guilty of four charges relating to his bankruptcy five years ago. disruption continues for the easter break as thousands of airline passengers face significant delays. and coming up on the film review at 17.45, i ll talk to anna smith about fantastic beasts: the secrets of dumbledore and many more.
thousands were there at the time. it s emerged rishi sunak held a us green card while chancellor as questions continue over his wife s tax arrangements. he describes it as a smear campaign and insists no rules were broken. a man is jailed for life for murdering primary school teacher sabina nessa in southeast london. disruption can cheese for the easter break is thousands of passengers face further delays. and coming up on the film review at 17.45, i ll talk to anna smith about fantastic beasts: the secrets of dumbledore and many more. time now for the sport. good afternoon. six time grand slam champion boris becker has been found guilty of four charges relating to bancruptcy at southwark crown court. becker was accused of hiding millions of pounds worth of assets to avoid paying his debts. the 54 year old was declared
and this actually confirmed what a lot of analysts worried about. they were very skeptical about cisco trying to target the consumer market with products like the flip cam and umi home video conferencing. and they wanted cisco instead to focus on the core business networks. and then on april 6th, right there where the dot is, cisco stock rose 4%. and this happened after an internal memo was leaked where ceo john chambers said that the company s strategy was sound but its operational execution was not. and it was time for the company to refocus. but we do have to remember that cisco is still a profitable company. and consumer products is just 2% of the company s business. and cisco stock has ticked up slightly in after hours trading at about $17.45 a share. nina? whatever you say, paulina. i m holding on to my little flip cam. that is the latest on cisco and