Winding down. A few people will be bundled up. Some could see snow before we hit 2017. Erika martin has more in the forecast. Thats right. We are tracking cooler temperatures. Yesterdays high was 64 degrees. It looks like we will see developing clouds moving in from west to east. Right now mainly thick midand upper level clouds. We will see partly cloudy skies by later this afternoon. Satellite and radar image, notice we are seeing a little bit of an influence there. Lake effect snow making it northwest of our region. We do have wind coming out of the northwest currently at 13 Miles Per Hour in philadelphia. That will be the trend pretty much all day long. By 4 00 p. M. Seeing temperatures in the low to mid40s and partly cloudy skies. Your neighborhood forecast seeing mainly 40s. Chestnut hill 42 for you. Notice how mild these temperatures are right now but certainly a lot cooler than we saw yesterday. Kensington at 42 degrees. Youll see your local neighborhood forecast. Right now we a
Reportedly the largest in recent history at the department. Britains government will lead to its exit from 28 nation European Union. He has a tight schedule of just three days in committee. Theresa mayss government forced to after Supreme Court ruling earlier this week. Hours day pal by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Live from bloomberg World Headquarters in new york, i am scarlet fu. Joe i am Joe Weisenthal and we are 30 minutes away from trading in the u. S. Scarlet extending games close extending gains closing. U. K. Premise or theresa may set to begin any moment speaking infidel of death philadelphia. Committee tomorrow with President Trump at the white house. President canceling his visit with the u. S. This sincen the biggest risk the nafta trade the a and 94. We will speak with the economic head of the Mexican Embassy. After the close, we will get earnings, alphabet, microsoft, on and paypal. Another name to keep an eye on.
Was down slightly. Down by less than 0. 2 . Stocks in china were higher with the hang seng up wi a thiby a ta percentage point. The early trading in europe at this hour, things are mixed. The dax and ftse are slightly higher. Lets look at crude oil prices. Again, yesterday was a down day for equities. If you see another down day today, thats the first time in the first time in first backtoback losses in a month if you see things close lower today. Energy markets showing wti by 11 cents to 53. 31. Now to the agenda. Some government stuff coming out. Economic reports coming out today. The january trade deficit out at 8 30 a. M. Eastern. Thats followed by january Consumer Credit numbers at 3 00 p. M. As for earnings, brownforman, the maker of jack daniels and corbel sparkling wine that company will report results before the open along with dicks sporting goods, and after the close, h r block. April 15th is coming. It is ive done nothing with my taxes. How about you. Ive received things. I
Drivers pulling over with damage to either their tires or front wheels. And when they came out to investigate caltrans had to shut down all lanes to make emergency repairs. Traffic back ups were significant but luckily this did not happen during the morning or evening or even during the week because that is when well see real problems and with all the wet weather you never know when a pothole is going to open up. Damage was caused to local roads. Road problems after the hard winter storms an estimate 70 70 million in damage was caused to local roads. Youre lookingat whats left of highway 35 a whole that caltrans says may not be repaired this year and officials are seeking emergency state and federal funding to repair at least 1070 separate road damaged incidents. Lets get a check of the morning commute. Hows itlooking out there . Looking few across the bay area. We have a serious situation in santa rosa. Highway 12 fatal accident closed due to a fatal motorcycle versus car crash here.
Some trump tax returns are made public. We know what he paid in 2005 taxes. What does it all mean . And the Prime Minister of ireland joins us live. His country has hundreds of u. S. Companies meeting with the president tomorrow. Well find out what hes planning. First up, though, the fed is set to wrap up the twoday meeting. Fellow policy makers are going to announce a rate hike at 2 00 p. M. Yellen has a News Conference half an hour later. Trying to hang on to breakeven levels for the month, the story is going to be about the dots and the word gradual and business investment. I think you will hear a lot of people say, this could be the beginning of the 17 rate hi2017 that caused problems in the 2000s. We are at a low level. Youre not fighting much of a fed. I believe very strongly we have a much better tone of business in this country. There was an article today about lending and that lending is not that strong and i recognize that. But i have to tell you. The companies i deal with, w