Expressing his citys grief over thursdays rampage sources tell us it was armed with an ak47 type rifle and enough ammunition to keep police at bay the wounded include a sailor and a Police Officer his title was a military recruitment of of the Navy Operations support center will paid within 30 minutes the caught up to and kill the 24 your shoulder they recently traveled to the middle east but they say he was not in any other u. S. Databases of suspected terrorists. Reporter those who know them are in shock of that the man they described as a nice guy to be a killer while we have learned a little bit more about the shoulder we have not yet learned the name of the former ranger were killed in chattanooga guest today the marine corps is what the process of notifying their next of kin. We expect to get a briefing from federal and local officials with the latest on this investigation. James the shooting and tennessee did lead to increase security you consider video on the right showing that
Seeing signs of deflation and why the fed should not be hiking rates right now despite what was said today. Well get the case in a little bit. Lets start with the selloff. Bob pisani is tracking the action here on the floor of the new york stock exchange. Bob . Finally volatility. About sometime. Six weeks, a slow market overall. Last time the dow moved 1 , july 8th. Were due for volatility. Were reminded, hey, the markets arent positioned for a possibility of a september rate hike. What will you do . Sell Interest Rate sensitive stocks. Utilities market leaders all year. What else do you do . Might play a steepening yield curve and why financials might be improving. You can bet Insurance Companies of met life and prudential have happy. They had a miserable time in this environment. You bid up the dollar. That puts pressures on commodities and why they have been weak today. Thats why you see stocks like y rio tinto down. What else do you do . You buy volatility. So everybody who wants
Mild already in the boroughs. Sheepshead bay in the 50s. The suburbs, a difference. 20 degree difference. Out in the pine bar remember, eastern long island, 27. Patchy clouds out there. Most of this will die out before it get ness s anywhere, but the western suburbs may a sprinkle or two. Plan on a day that will see a mix of clouds and sun. Starts out mild at 52. Upper 50s, near 60 by noon. Forecasting a high of 66 this afternoon. Warmer days yet ahead. Well get to that in a bit. Lets get over to emily west. How is the commute. We have road work and a few spots where youll find slowdowns. On the bqe westbound, right lane blocked. Eastbound two lanes blocked up towards Meeker Morgan avenue. Washington bridge, looks fine. Ezpass only until about 6 00. More weather and traffic in the 4s. A hit and run in the bronx. A woman in Critical Condition this morning. It happened in the 2400 block of williamsbridge road in allerton. Katherine creag is there with what we know. Good morning. Reporter
A look at the Grand Central parkway, it is doing just fine, too. Not finding any problems. Well have more weather and traffic coming up on the 4s. Emily, thank you very much. New this morning, a hit and run in the bronx. A woman rushed to the hospital. Surveillance camera captured the moment it happened in the 2400 block of williamsbridge road in allerton. Katherine creag is there with what we know now. Kat, all too often you have been reporting from the scenes of these pedestrianinvolved accidents. Reporter yeah. We saw the Security Camera video, michael, that you mentioned of this woman crossing the street. It looks like she didnt have a chance to try to get out of the way. This is the area where she was struck. She was crossing this street. On that Surveillance Video, shes in the hospital right now, by the way, shes crossing the street very, very slowly. It looks like shes using a walker. Shes 47 years old. Also the driver of what appears to be a white vintage cadillac struck her an
The record to bring in a billion who just signed on as the head dollars total. Coach. Jo in sports, Minnesota Vikings jo coming up, well rent on crushed the giants have never Global Market action before we hand it over to mornings with stated confusion during the jets and patriots coin toss just in maria hosted today by cheryl overtime. Casone. [music] welcome to fbn am, your first look at todays markets, the latest breaking news in what to expect for the day ahead. Nicole breaking news this morning, 43 people dead after storms produce devastating tornadoes and flooding spirit north Texas National Weather Service said at least nine tornadoes killed 11 people. Eight people died in ireland as a tornado carved a path of destruction measuring two square miles. All of a sudden it was like a train went over the top of that and then you could hear things just bolting into the roof and it was like pieces of wood and everything just came through and you could feel the house shake and shimmy. Ni