After we saw contraction and our Steve Liesman has new information on where the crowd is standing at this time. Thanks very much. From positive to negative what was first reported at 0. 2 . The result of less growth and it made econ 50s less optimistic. Our cnbc update falling by 2 10 of a percentage point. With a wide range to 4 . Let me show you where people are. At 4 . Goldman right about the middle at 2. 4. Morgan stanley. We are now including that atlanta fed in the survey at 0. 8 . Some of the commentary saying we lowered the q2 estimate to 22 due to downward revisions of sales. Barclays saying it will point it an acceleration in activity in q2. The under performance of the economy is likely to extend the timeline for the first fed rate hike. Meanwhile new Research Shows the First Quarter productivity data are also suspect. In part because they rely on the gdp data. Productivity a critical measure averaging 1. 1 in the First Quarter over the past 30 years. That compares to the gr
Good evening. A claim today by isis that it had a hand in the shooting attack on an antiislamist gathering in texas sunday has ratcheted up concerns about isis in this country, and its potential reach. Its the first time Islamic State has tried to claim credit for an attack on american soil. The white house today labeled it an attempted terrorist act, but it dismissed the isis claim itself. It may, however, be a fine distinction, as there are indication the shooters, who were both killed, were inspired by isis to go on the attack. We have two reports, beginning with our justice correspondent, pete williams. Reporter in radio and internet messages, isis claimed the two gunmen from phoenix, nadir soofi and Elton Simpson, were soldiers of the caliphate, or Islamic State, and that worse things are coming. U. S. Officials call it an attempt to claim credit and say theres nothing to show isis actually planned or directed the plot. They say simpson used several social media accounts and expre
Good evening. Were coming on the air with breaking news. There is a tornado emergency in the Oklahoma City area where there are reports of a tornado a half mile wide. Tornado watches and warnings are in effect right now from texas to nebraska. Several tornadoes have already been confirmed including one in central kansas. The threat level considered severe for up to 9 Million People tonight. Al roker is here with us. Hes tracking it. Al, the big danger right now as weve said, Oklahoma City. We were watching those pictures a moment ago. It looks bad. It really does, lester. In fact, they are now evacuating the Oklahoma City airport to underground facilities. We are looking live from our kfor chopper and you can see that we are seeing a major, major tornado on the ground. Were watching this. This is looking toward norman, oklahoma. So they are going to continue to track this. And as we watch this, we can also see there is damage this is selena, kansas. You can see a major tornado on the g
Hes doing now. Nightly news begins right now. Good evening. Weve been keeping a close eye on tornado warnings and severe thunderstorm watches in kansas, texas and oklahoma on the heels of the wild tornado outbreak that unleashed some 50 twisters across four states yesterday including this big one in kansas. One of the big and most damaging was the half mile wide high one we watched near Oklahoma City as we came on the air last night. It killed one person, injured dozens and left more than a thousand homes and businesses damaged or destroyed. In a moment, al roker tells us about a larger outbreak as we head to the weekend. First janet reports on the already hard hit bridge creek, oklahoma. Now youre getting funnel contact to the ground. A massive tornado half a mile wide tearing through oklahoma. Trees coming down. Back out of here. Our nbc station kfor in the middle of it, in tornadoprone norman. Part of a widespread outbreak with millions in the danger. We have a tornado on the ground
Joining me to provide inside analyst of matt bai of yahoo news. Kathleen parker of the Washington Post. And former chairman of the Republican National committee michael steele. Welcome to sunday. Its meet the press. Good morning. Happy mothers day. Security has been raised at military bases in response to threat posed by homegrown extremists. Isis claimed responsibility for a shooting at a prophet muhammed cartoon in texas which saw two gunmen killed. There is no evidence isis was directly involved in the attack, but the gunmen may have been inspired by isis and their increasingly sophisticated presence on the internet and social media. Here is our own Pete Williams on how the battle against isis is not just being fought in iraq and syria, but now in cyber space. Reporter this is what has the fbi so worried. An explosion in slick isis propaganda with messages tailored to a young audience resembling Popular Video games showing children in isisrun schools. Many overtly call for violence.