of june on thursday morning. good morning, i m bill hemmer. hello, dana marie. red, white and blue works. dana: i will tell you about an asteroid in a similar situation at the white house and when i got called by the situation room and my reaction. save that for before we go. i m dana perino. this is america s newsroom. we have a lot of news here. want to show you southeast alabama. a small town getting hit by a fourth tornado in four years. bill: no reports of any major injuries. dana: another tornado reported in queen city, texas. the wind was so powerful it blew cars off the highway. then look at this. bill: that right there is in arkansas. golf ball size hail spilling into an department store. fox weather talked to the folks in the middle of all of it and it happened in the blink of an eye. i lived in the midwest my whole life and never experienced something like this where the weather literally goes from 85 degrees to 71 immediately and then clouds are rollin
refusing to leave the coffee shop. the regional director who was overseeing that store says she was fired in the aftermath just because she was white. and a jury agreed with her. awarding her more than $25 million for the ordeal. i m john roberts in washington, that s the way we start off a friday eve. sandra: a big development. great to be with you, john. this is america reports. shannon phillips oversaw several areas for starbucks, including philadelphia at the time of that 2018 incident. the two men were handcuffed and escorted out of that store after they declined to leave because they were waiting on a business associate. phillips was not at the store at the time but claims starbucks used her as a scapegoat to prove it was taking action in response to the controversy. the company says phillips was fired because she demonstrated an absence of leadership during the crisis. a new jersey jury sided with phillips, awarding her $25 million in punitive damages and $600,
attend a big fund raiser tonight ahead of the president s first official campaign rally in philadelphia on saturday. now republican florida governor ron desantis is daring democrat california governor gavin newsome to quit throwing zingers are the cheap seats and enter the race himself. brace yourself, but the stit have hit the fan. i practiced that. oklahoma republican governor kevin stit for announcing that he s not backing the former president, but wait till you hear who he is backing. welcome, everybody. i m neil cavuto. boy, a fast and furious. that pretty much describes what is happening in the presidential race. mark meredith is here to break it down in washington. hi, mark. maybe i should be in florida. that s where the action is right now. three florida men seeking the republican presidential nomination. miami s mayor, francis suarez launched his campaign. he put out a video explaining why he s running. i m growing to run for president. i m going to run for your
85 level and the u. S. Dollar index taking a breather for a minute in conjunction with yields. We will look at that ahead of powell. The twoyear year yield flat on the day about 469. We head for 73 earlier this morning. Tremendous volatility. In one week 15 basis point move from peak to trough. More of the bond selloff further down the iteration card with a two basis point move nearly three basis point at the 30 year and a 10 year at 437 other day about two basis points higher. Earlier today Raphael Bostic reiterated expectation for just one rate cut this year. Look how dramatically the market has changed since january. When the expectation was more than six cuts. Now it is moved to less than three. Sitting on a coin toss for summer rate cuts in and of itself. The market is diverging from the feds dot plot on how many we make it. As we await chair powell today that t. Rowe price cio says the biggest risk for the fed is cutting Interest Rates too soon. Putting for an Economic Perspectiv
Dow which last 313 points, s p down 26, nasdaq clipped by 85 points. Stocks were lower this afternoon. And stumbled further on the release of the minutes of the april 30th meeting. Did not help to see participants mentioned recent data did not increase confidence and progress towards the 2 inflation goal and some noted, this dumped the markets here, to tighten policy, should risks to the Economic Outlook to materialize and make such action appropriate. A rearview look, markets headlights are about to beam brightly. The Quarterly Report after the bell, and the chip behemoth, they are down 15 points or 1. 5 . At 5. 59 a share, 412 jump on revenues of 24. 6 billion, that would be 240 increase, talk about pressure, jensen wong in the picture, and north of 26 billion in sales. The Options Market expects substantial stock move after the release and who knows how or whether it would spillover to the chip sector and the entire tech sector. The s p and 500, and staggering after reporting earnin