Treatment. And high on the hog. Bacon prices at an alltime high. Why it is costing us more to pig out. Today, monday, august 4th, 2014. From nbc news this is today with matt lauer and Savannah Guthrie live from studio 1a in rock feller plaza. Good morning, everyone. Welcome to today. We have carson and dylan in for al. Boy, we have a big story out west. Thousands of people waking up this morning in california stranded. Two different towns are affected. Take a look. Heres why. Torrential rains triggering mudslides like this one have left roads buried under feet of debris. I want to get right to nbcs Miguel Almaguer, this morning. Miguel, good morning to you. Reporter savannah, good morning. The fire sparked by lightning. The gulch fire exploded in size over the weekend. A state of extremes. Just outside los angeles, a scene many could not believe. Monsoonal thunderstorms brought mud into oakland. The town of 1,500 cut in half. One person was killed when the car was washed away. Another
From nbc news World Headquarters in new york, this is nbc nightly news with brian williams. Good evening. Im kate snow in for brian tonight. Even with the holidays upon us theres still tension and debate in many parts of this country over the use of force by police. In recent weeks weve seen so many demonstrations against law enforcement, but the ambush of two new York City Police officers last weekend has focused attention on the dangers officers face every day on the job. Today, thousands of people came from near and far to attend a wake in new york city to honor one of those fallen officers and support the citys police force. Nbcs ron mott is outside the church tonight. Ron, good evening. Reporter good evening, kate. The wake for officer rafael ramos continues tonight, all afternoon mourners have been streaming into this church you see behind me. It is a significant show of support that is spread well beyond new york city. A somber processional for a fallen officer. The body of rafa
Gerri third people are still missing. Nine are now confirmed dead after record rain and severe flooding across oklahoma and texas. Hundreds of homes were swept away in central texas. Another foot of rain fell on houston today which already has seen some of the worst flooding in years. In hayes county, south of austin, raging floodwaters tore through communities like wimberly. Wimberly resident keith mcnab is joining us. Great to have you on the show. I know it has been a very difficult time for you. At least for your family, at least good news your house was spared tragedy. Tell us what happened in your neighborhood. It was of course memorial weekend. We have lots of folks in town being holiday weekend. Most of wimberly Vacation Property is centered on blanco river as much as any. It was kind of a perfect storm of conditions of already wet ground. Weve had unusually wet spring out here in the austin hill country southwest of austin area. With the ground already being as wet as it was,
We are also going to be talking to the winner of the masters. Before we get to that, how about news. We will take you to the bulletin. The top stories of the morning. It is a good day for jp morgan shareholders. Profits beat analysts estimates climbing to 12 . It is the first time that has happened. Since 2010. The of jp morgans Investment Bank said high volatility help to drive the quarter. Shares in the company are up in early trading. Good news for wells fargo. They Beat Estimates with lower rates. That helped buyers refinance debt. They are the most viable u. S. Bank. Investors do not seem impressed, shares are falling. Retail sales fell short. It was the first gain in four months. The biggest advance in over a year. Overall the figures show americans are being cautious with their wallets. Even with savings from lower gas prices. It may take a bigger boost and wage growth before they loosened their Purse Strings and hit the shopping malls. The Worlds Largest maker of Health Care Pr
3. 75 . I say that with an air of surprise. Just because the discounts are so extreme. 75 at bloomingdales, the same at saks. You have to wonder whether their earnings will be there in january. Finally, on the 10 year, we are bumping up on three percent. This whole paper thing taper thing, it is real. If it drives Interest Rates up, we will see what happens. Julie hyman is keeping an eye on stocks. I want to look at ebay. Comscore coming up with the latest numbers. ,hey say ebay sales are up 9. 6 but that is actually deceleration. The 15th. Up through maybe you saw a bit of a slowdown. Amazon saw the same thing but not exactly the same. Twitter is up a sixth straight day, at a record since its ipo. What is driving it . Not necessarily fundamentals. We will talk about that later in the show. Certainly, no fundamental news driving them higher today. Tesla motors has been on a hot streak lately. Dailytoday after china reported that they would be expanding into firsttier chinese cities. Th