Were going the get to the local forecast in a moment, but i want to talk a little bit with anthony who is in for kari about where the threats in other parts of the country. Watching herman and lester and madeline. Weve got active Tropical Weather happening right now. First take you to hawaii and talk about madeline. This is Tropical Storm madeline. Was a hurricane 24 hours ago. Its passing through the south of the main island. Its going to continue to brush the south of the big islands there. Again, the main threat has really passed to the south of the island there. 50mileperhour wind speed at the core but a lot is off the coast. Pumping up big waefs there. Well track lester this morning. Here at home, another comfortable day. We will talk about the weekend weather and major warming headed our way coming up in 15 minutes. Mike, lets toss it to you and check that morning commute. The morning commute as you would right now, 4 31, almost 4 32, easy, breezy drive. The issue is not the road
Average. We had the big rally comeback rally and its been going sideways now. Its going to be 39 days today trading days when we have failed to see the dow move 1 up or down. Its happened again today. So as we kick off the month of september, kelly, after the postbrexit rally, we wonder if we get any volatility the month, right . Automakers are probably happy august is ending. Sales coming in weak. Well look at how long this downturn could last. Oil is hit today down more than 8 over the last week. But if you think its a buying opportunity, think again. We have somebody who says things are just going to get worse for the energy patch. Well, heres worse for you. Samsungs new phones are on fire. But not in a good way. We told you last week sales were much stronger than expected but issues are arising this week with reports of the batteries catching fire. Delays now in getting the phones in peoples hands. We have pictures and the impact coming up. Horrible, horrible timing with the iphone
Good thursday morning here on squawk alley. Also this is insider ceo. Henry, good morning to you as well. First up we are following the latest out of Cape Canaveral florida where a spacex rocket fought fire and exploded. No injuries reported and no threat to the public. The rocket was a Spacex Falcon 9. The fire and explosion resulted in a complete loss of the rocket and its payload which was an israeli communication satellite. It sent a thick plume of smoke into the air and caused a blast felt several miles away. It was caused by what it is calling an anomaly during a static fire test. Henry, how much does this set back the ambitions of spacex . Or is this just a natural occurrence for a company trying to do something very difficult. Its a natural occurrence. Elon musk said rockets are tricky. All the Space Exploration companies they all had these set bac backs. It reinforces the idea that when youre working on these engineering problems things can go wrong. Look at tesla and the issu
Our first panel of witnesses today. They are chairs of the National Endowment for the humanities and arts. Both witnesses are appearing for the first time before our subcommittee. Congratulations to both of you and your confirmation and thank you. Todays hearing provide us with a chance to hear more about the great work both endowments have done over the last couple of years and supporting our communities across the country economically, culturally and educationally. The National Endowment for the arts and humanities are a perfect example of how the federal government can be a positive force in communities large and small in every single state. In your statement following your confirmation, dr. Jackson, you said in addition to serving as an economic engine, arts and creativity are core to what it takes to heal our nation, communities and ourselves. I wholeheartedly agree. The fy 2020 three budget request for the National Endowment for the humanities is 200. 6 8 million 200. 68 million.
Lowell ha welcome to rob black and your money. Walmarts kicking off their black friday sales and kicked them off last friday. We have a long way to go to black friday. Screwed to make black says that dont buy Holiday Gifts for anyone but if you do have to shop consider shopping right now. Walmart has amazing deals anywhere between 20 to 50 off for the tvs and tablets. This is one of those stories where we have a shortened holiday season. We will hear about this for the next 60 days as we approach christmas. Thinks giving comes up very late in november which police shorttime to get to christmas. What have been honest is of the website of the Affordable Care act and now you hear the premiums are going up. Yes. For the average independent contractor mail premiums have gone up about 40 . Who benefits from obama care is old people who are like 50 or 60 independent contractors. Thats where to reach for healthy white male is going from 250 to 400. A 40 increase and premiums. Loved the health