Of the republican race for the white house. John kasich vows to fight on. Good morning. I am nicole petallides. Lauren i am lauren simoneeti. The top issue for voters the economy will have it all. Nicole the doubt taking 144 points yesterday. Economic roads in oil prices. Lets check out stock market futures this morning down 54 points in the last hour or so. S p 500 down seven. Lauren for the golden week holidays today is actually National Greenery day. And chinas shanghai composite edging fractionally lower. After citing another 2. 5 yesterday, lets look at oil right now. But theyll down 2 cents. Lauren one of the biggest recalls in u. S. History is about to get bigger. Why to qaeda might recall another 35 million airbags. Traded to the Golden State Warriors win again without their star, tran 11. The miami heat taken over time brother. We will have all the highlights. Lauren it is wednesday, may 4th. Thank you for joining us. Fbn am, the latest breaking news and what to expect that th
Bigger percentage drop than the dow. And thats just today. Investors here are clearly spooked by whats happening in china. Trading was stopped automatically for the day for the second time this week. Chinese markets have lost 10 of their value since the start of the new year, fuelled by growing concerns over china devaluing its currency clearing its way to a weakening economy. China has been on a bubble for a long tiemg. Until they get a really steady and firm economy thats based on manufacturing and services and technology apple, facebook and yahoo, each down with 46 . Chinese investors give, is the bay area economy threatened . Its such a diversity of talent, such a diversity of industry here, we are relatively immune to whats going on outside of our little bubble. Translation, dont panic. A report shows fewer americans applied for Unemployment Benefits a sign that the labor market remaining strong in 2016. Turning to the weather right now, even though its not raining at this moment,
China launches its biggest of a military drills in the season. Taiwan is after us. How big nancy pelosi left the island. Ah, so rather than watching out there like my headquarters here in the coming up in the next 30 minutes, 3 killed during renewed fighting of the disputed nicole car above the region. Russia accuses us if i jones of breaking a c. Fire us present. Joe biden signs an executive order on abortion, making it easier for women to travel between states for the procedure, plus signs of coral and australia is great. Barrier reef recovering faster than predicted. Ah, welcome to the program, we begin in the taiwan straits, where the Chinese Military has been conductive, lie fire drills just a day after us house be cannot see policy and her controversial trip to to pay the drills are happening around the island. Taiwan says Chinese Naval trips, im going to have made several incursions into its territorial waters. A senior chinese diplomat describe the strip and manic, irresponsibl
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