Night and winds could gust to 40mph at times. 20mph this afternoon and stay a little breezy overnight. The winds will work to mix up the atmosphere and keep temperatures warming from the in areas like henderson and downtown las vegas but overall most of the valley will remain in the 60s. Overnight lows will be mild with temperatures dipping into the mid 40s tonight and then quit rising. Highs will peak around 72 filter in from the west late on wednesday and into thursday which will feature more high wispy clouds. Temperatures stay in the low 70s through friday. Its a busy weekend for Fire Fighters around the valley multiple people are homeless this morning after their homes by three separate fires. The last fire happened around 7 p m last night. Fire fighters responded to a house fire at kyle canyon. The house collpased from the flames. Fortunately everyone inside was able to make it out safely. No word yet on what caused this fire. Earlier in the day. A fire broke out at a downtown bu
Over greek negotiations. The Prime Minister says he wont make an unconditional agreement with International Creditors as germany says its still waiting to see a comprehensive reforms list. Kingfisher does some home improvement. The retailer closes its diy stores in the u. K. As profits fall and scraps plans to merge where its french rival sending shares higher. Good morning and welcome to the show. We just got the numbers from italy in the form of february jobless numbers. They edged up to 7. 7 in terms of the jobless rate and unemployment rising as well. Data out of germany this morning. Absolutely. German jobless claims. Lets look at the numbers. March adjusted jobless rate at a new record low of 6. 4 . Another data point. Falling to 2. 93 million versus 3. 01 million in the month of february. So once again better than expected data out of germany. We should point out one of the best performing markets in europe as you were pointing out yesterday is germany. That trade continues to b
The committee will come to order. Without objection the chairs authorized to declare a recess of the committee at any time. Last january, the cfpb im going to recognize myself for the purpose of making an opening statement. Last january the cfpb issued a series of rules that will fundamentally change the Mortgage Market in the united states. Over the last year weve had numerous hearings, in the Financial Institutions and Consumer Credit subcommittee to learn more about the effects these rules will have on the availability of credit. Last november, i had the pleasure of joining mr. Rothfus in pittsburgh for a roundtable discussion with the Community Development organizations in the Greater Pittsburgh area about the effect these rules will have on their ability to serve their consumers. Two things emerged from these committee hearings. One, that the new mortgage rules impair the ability of lenders to work with borrowers on an individual basis. And number two, low to moderate income borro
Exchange. Go, guys, unbelievable. I was shocked. A couple months. Feels like a couple months. The story of my life these days, where does my time go these days . Its brilliant. Big day setting up today, janet yellen is on the hill and a ton of retail earnings. The premarket, tenyear yield durables came in ahead of expectations and europe is dragging a bit some say as the war games on the russian Ukraine Border look a little worrisome. The roadmap begins with retail, jcpenneys and best buy in rally mode as earnings top estimates despite flat to slowing sales. Janet yellen is back on capitol hill this time testifying in front of the senate. This is an appearance that was postponed because of a snowstorm a couple of weeks ago, so any chance shes changed her outlook since then . And an electric expansion, tesla says it plans to invest 2 billion in a brandnew battery factory somewhere in the southwest within the next three years. The question is which lucky state will tesla call its new hom
As we design the doddfrank regulations, in all of these areas were doing our very best to address in these areas youve mentioned issues that have been raised and that we consider quite appropriate. It makes sense to me that congress should consider these areas as well. I want to assure you that we will do our best in writing regulations in these areas, however, to address the concerns that have been raised. Thank you. I appreciate your attention to it. I also believe that you need additional clarification and strength in the statute to do it right. I hope that well be able to provide that from congress. Next, in numerous hearings last year it was revealed that we ed dot there are no undue oues t interruptions after they finalized the proposal for the Banking Organizations last week, the european Commissioners Office issued a statement that the fed rule conflicts with the standards on the crossborder cooperation in the bank resolution. What concrete steps are you taking to ensure effect