Big news out of greece today. The Prime Minister has resigned on the very first say that. Day. Many the latest from athens. It takes the greek Prime Minister less than a minute to walk to the president s had office to resign, but this is the first. Just as the bailout dollars arrived, the man responsible for the deal said the vote is once again needed. The sovereign people should take the vote. You can your vote will decide you represent the country with resolve and scourge with different negotiations required. While he came to power opposing strict austerity positions, alexis has accepted them. He is now the victim of a rebellion in his own party over the tough measures, worth 15 billion over three years. Painful sector cuts and farreaching Pension Reforms angered many in his party, affectively robbing him of his remain parliamentary majority. The rebels say that they will have a new move. He cannot glow on like that forever, and he needs to seek to go o hes trying to portray himself
Katrina, a look back at the storm that devastated new orleans and part of the gulf coast. We begin night with unease by Global Investors as stocks start in the red. Markets in hong kong and china are dropping. Japans nikkei is dropping another amount as well. Slowing economy, the wall street journal says that chinese is pumping money into the markets to ease drops there. Week saw major lasts that followed 530 point drop. U. S. Markets havent tropped that far that quickly in four years. Were going to have much more on this story, coming up a little later in our broadcasts. We go to france where three american men are going to be recognized for acts of bravery, french president Francois Hollande will present them a medal of bravery, this man they subdeed wasubdued had hundreds s of ammunition. When most of us would run away, spencer, anthony and alex ran in. Is. It was either do something or die. Reporter Airman First Class Spencer Stone and alex scarlatos, are being recognized as heroes
Im Brian Sullivan believe it or not, oil is helping you and your money today. Crude trying to claw back to 50 bucks an hour pushing exxon and chevron higher leading to gain for the dow up 70 points other stocks to watch today, sarepta. And trivago investors losing 20 perce20 of money heres what else is happening at this hour the house getting more than enough votes to provide Hurricane Harvey relief. It now goes to the senate for a vote the fed number two stan fisher stepping down in october for personal reasons his term as vice chair was set to expire next but now he has President Trump an opportunity to reshape the central bank sooner than expected and President Trump heading to North Carolina to make a pitch for tax reform we begin whith whats being called the atlantics host powerful hurricane ever. On track now to head to florida in the coming days we go live to ft. Lauderdale for the latest on preparations but we begin with our guest wmaq meteorologist here at cnbc headquarters wh
Also, later we will speak to the iea about the u. S. Shale surge. Two great guests coming up in a couple seconds. European stocks are shrugging off a little bit of the declines we saw in asia. Better than expected german data, boosting sentiment there. Some of the most powerful central bankers gather in frankfurt that is definitely what we are looking up for. The Italian Economy sure, they did not qualify during the world cup, but the economy expanded better than thought. The 10 year briefly breaching 3 for the first time in 10 years. Lets get straight to the bloomberg first word news. Chief house tax writer says he has enough republican votes to pass the tax legislation this week. Kevin brady says he does not anticipate any major changes. Meanwhile, the white house says President Trump will speak about taxes thursday morning. And the house ways and Means Committee chair kevin brady joins us at six a copy of u. K. Time. Roy moore is facing a fresh allegation of sexual assault. The form
Cold conditions and used a credit card to scrape the ice from the windshield. Its a pretty picture but boy changes in store for the weather. We thought weather would be the only big news but bart proved us wrong. Welcome to the 9. You have been busy as we have been covering the major delays on bart heading from oakland to San Francisco. West oakland station is key here. A train got stuck. Yes. They thought they could move it but didnt move for an hour. I had a friend giving me a play by play. He was stuck on a train for an hour just waiting to move. He hadnt moved. We had supervisor senator scott weiner here in oakland and he said he was going to take bart back to the city but had to change his plans. Alex savidge is live at the west oakland station. A lot of people are h. To change plans because of these major delays. Reporter yeah. I can assure you, gasia, a lot of folks will be showing up late in San Francisco today. Hopefully their bosses understand. This is the scene here now at t