Spot. The damage so far and where the storm is right now. Were tracking it all. And a good friday morning to you all. Im diane macedo. And im nick watt in for kendis gibson. New advisories overnight have more of south florida under a hurricane warning. The storm is currently passing between the bahamas and cuba on a direct path from miami. Irmas winds have diminished a little but at 160 Miles Per Hour it is still a category 5 hurricane. The red on the map shows areas under a hurricane warninging all of metro miami anticipate the keys and stretch up to vero beach. Mandatory evacuation orders cover at least 1. 2 Million People in florida. All Public Schools and colleges are closed today and monday due to the storm. Now, airlines are flying larger planes in to try to get more people out but it is still very difficult to get a flight. Abcs Stephanie Ramos is in miami and joins us now with the latest. Stephanie, good morning. What are you seeing . Reporter diane and nick, good morning. Righ
Good morning its still moving to the westnorthwest it will continue that track through bahamas and cuba these are the spaghetti plots. The actual track has it looking like it will make a landfall in south florida going into early sunday morning between now and then you will start to see conditions deteriorate you have really the rest of the day today if youre in key west f youre in south florida to finish preparations and get evacuations underway alerts going on. A hurricane warning issued overnight for south florida in the purple also for the bahamas, the northern coast of cuba as well and still for the Dominican Republic this is a huge storm out there thats making its way close to the continental United States. If did downgrade to a category 4 storm, but i want to talk about that what its doing now is going through an eyewall replacement cycle. So its weakening because the thunderstorms right outside the eyewall are growing stronger than the thunderstorms around the eyewall, its kind
Indexes the dow, the s p 500, and the nasdaq closed at records. Financials rose. And there was optimism about tax reform. And that enthusiasm put investors in a buying mood. So here are the closing numbers for you. The Dow Jones Industrial average gained 61 points to 22,118. Its gains were capped however by a decline in the shares of mcdonalds following a downbeat research note. The nasdaq was up 22. The s p 500 added eight. Ask anyone who invests in this market and they may have a different take on stocks and where they may be headed. The same is true of wellknown investors like omega advisers leon cooperman and tiger managements julian robertson, who says stocks are in a bubble. The market as a whole is at a historic basis, i think thats due to the fact that Interest Rates are so low that theres no real competition for the money, other than art and real estate. And so i think thats why the valuations are so high. The stock market has full valuation. That doesnt mean its overvalued, b
B. Good morning. The subcommittee on Digital Commerce and Consumer Protection will come to order. The chair now recognizes himself for five minutes for an Opening Statement. Good morning. Today we are here to get the facts to learn what happened at equifax that led to the personal information of over 143. Americans information being stolen. We must find out what happened. The public deserves to know what happened and what steps are being taken to protect their Sensitive Data Going Forward. Todays hearing needs to shed some much needed information and light on this breach. We have received ashursurances m equifax that mr. Smith can speak on concrete remediation steps that the company took in the aftermath to secure its Computer Systems and protect the affected u. S. Customers as well as what happened when he was chief executive. As chairman of the Digital Commerce and Consumer Protection subcommittee i often speak about the fact that we live in a digitally connected world. That fact of
Appearances this week before a congressional committee. And he let off a house commerce subcommittee this morning. Good morning. The subcommittee on Digital Commerce and Consumer Protection will come to order. The chair now recognizes himself for five minutes for an Opening Statement. Good morning. Today, were here to get the facts, to learn what happened at equifax that led to the personal information of over 143 million americans information being stolen. Americans deserve to know what equifax is doing to fix the problem and help individuals that are impacted. Well find out what happened. The public deserves to know what happened and what steps are being taken to protect their Sensitive Data Going Forward. Todays hearing needs to shed some much needed information and light on this breach. We have received assurances from equifax that mr. Smith can speak for the company on concrete remediation steps that the company took in the aftermath to secure its Computer Systems and protect the