office has an amber extreme heat warning in floors and temperatures could reach 37 in some of the south. in force. in sport, the beginning of the end for serena williams as the 23 time grand slam champion says the us open this month could be her last tournamnet. a force of nature strong and kind olivia newton john remembered. we ll speak to close friend and singer delta goodrem. it s wednesday, the 10th of august. our main story. households owe more money to their energy supplier than ever before, with bills set to rise even further in october. a survey by the comparison site uswitch has found the overall debt is already three times higher than it was a year ago. nina s here to talk us through the details. the timing is interesting when normally people would save up cash in the warmer summer months. ideally, and a lot happening in terms of budgeting and taking into account household bills. comparison site uswitch say that households owe £1.3 billion to their energy su
First, lets check in with mandy at the new york Stock Exchange. Hi there, tyler. Hello, everybody. We have a selloff here on the street. The dow is back in correction territory although we are off the very worst levels of the day. The dow is down by about 284 points. Now its down by 235. S p down by 24 and the nasdaq off by 48. I have bob pisani on the floor of the Stock Exchange to explain what is going on. I guess maybe for one day weve got a reprieve where we can stop obsessing what the fed is going to do and we can obsess what the fed said and what it means for things like earnings and revenue. For the moment i think what the fed was saying yesterday is still impacting the stock market. Lets look at the s p 500, were just off the lows for the day. 2 to 1 declining to advancing stocks. Volume is heavy because its a quadruple witching. Let me try to answer mandys question. Why are we down today . I see three clear reasons and you can assign whatever weight you want to any of these. F
Take a look at europe. Whats happening across the pond this morning. More green than red right now. At well, you got about 3 1 2 hours or so before the european markets closed. And the roadmap starts with the markets. Stocks set to open higher this morning after posting a nice gain at the close yesterday but the one thing you really need to be watching this morning is the move in gold. Plus, earnings at nike beating the street but the stock slipping during trading thus far. Were going to break down the numbers and tell you exactly why the stock is moving that way. And ecking of earnings tiffany is slipping on weakerthanexpected results in the latest quarter, so why is the companys ceo touting record sales . Well, we have some answers. We also have breaking news this morning on the fed. Steve liesman is in washington with those details. Good morning, steve. Reporter scott, good morning. The minneapolis fed president who is out with an explanation of the dissent that is the very dovish.
The casino for a party. You could get almost anything you wanted. Reporter folks leaving river rock this afternoon says it was empty inside the tent like structure. There were three cars in the parking lot when we got here and you could virtually not see anyone else playing. Reporter river rock declined to talk to us but its gaming chairman commissioner says revenue is down at least 30 . Some say more like 45 . A tenyear bus driver for river rock invites me on the bulls. He says people used to fight over these seats. Now he is lucky if the bus is 10 full. A huge drop in employees and a huge major drop it customers. Reporter in fact, about 100 workers have left river rock to go work at graton. A slots supervisor at river rock says many of those workers live closer to the new casino. Theres a lot of options for people to go other places so, you know, graton has impacted us a little bit. A hit. Reporter many people say its hard for river rock and other smaller casinos to compete. They are
What the pastors wife is saying. Were live be with where a Memorial Service to honor four Police Officers will take place. How the public is invited to grieve. And the fbi take as lead role in the investigation into the missing malaysia jet. The critical questions that agents are now trying to answer. Plus, a phone scam, this is targeting taxpayers. The warning this morning from the irs. Mornings on 2 starts now. Good morning and welcome to the mornings on 2. This is a view of fire crews working to mop up a fire. It broke out hours ago near kurtis and minnesota avenue in the heart of willow glen. And we spoke with the pastors wife about how she layered about the fire. Her response is coming up in a report in 2 minutes. It is friday. Match 21. Im atori campbell. Im dave clark. The fog is back, i have posted on facebook and twitter the fog bank is unbelievable. It is up and down the coast and made a push here and into Southern California. The record highs hardly any rain. We get that bac