Tens of billions of dollars of Economic Activity at risk. Contessa brewer downtown houston and jackie deang lose and Morgan Brennan looking at the rising cost of harvey she is up in connecticut and Angie Lassman is tracking the path of the storm. Right now, lets see how the markets and your money are doing in reaction with joe kernen. Yeah, stocks are down the dow, anyway. Steady this hour in a narrow range. Nasdaq is actually up. Apple is among the top leaders announcing a product event september 12th where it is suspected to unveil its latest iphone the big moves happening in Energy Following harveys destruction. Gasoline prices surging as refineries shut down for the duration of the storm, at least. Lets get you caught up on the latest of harvey Governor Greg Abbott announcing he has activated the entire Texas National guard that brings the total number of deployed guardsmen roughly 12,000 12,000 new numbers out show more than 1,600 flights have been canceled because of harvey. As b
Productive. And that makes total sense. You get more done when you have a new computer than when you have an old clunky one. He produce more when you have a new machine on the line. Workers become more productive and the Companies Pay them more both because they are bringing in more and because they want to keep those workers to do more. Thats what happens when you lift that economic shadow that we talked about. You create more jobs and wage competition grows income. This isnt just economic theory. As you can see here on this chart, wages increase and wage increase is significantly higher in areas with lower tax rates. We need not just economic theory, we need economic results. High tax countries like the United States have weak wage growth of the United States is down here amongst this chart representing the highest statutory corporate rate countries. Hightax countries like the u. S. Have weak wage growth. You can see that here. Lowtax countries, with the lowest tax rates. Low tax rat
On the foreign intelligence act or fisa. The Senate Judiciary committee is and just a clarification senator ranks member is diane fi finestien. This should start in just a moment. Todays public hearing will be followed bay classified briefing tomorrow afternoon. This Committee Last held an oversight hearing on section 702 in may of 2016. Since then the drum beat of terror attacks against the United States and other countries particularly our allies has continued. A month after our hearing a terrorist attacked an orlando nightclub killing 50 and wounding 53. That same month a terrorist detonated pipe bombs in new jersey and new york injuring about 30. Last month Great Britain suffered its worst terror attack in over a decaddecade. It is at a concert in manchester. Many of the dead and wounded, as you know, were children and very young people. These attacks underscore that the first responsibility of government is to ensure that those who protect us every day have the tool to keep us saf
Whats going on, everybody . Jon yeah stephen good to see you, my friend. Jon, whats up. Good to see you. Nice to see you. Plooz, have a seat, youre too kind. Youre too kind. Welcome to the late show. Im stephen colbert. Sorry, whats this . Whats this . Oh, this . Its no big deal, just the clemson helmet given to me by South Carolina governor nikki haley, and signed by clemson head coach dabo swinney. I wear it all the time. I wear it all the time. I usually take it out before i come out here. Oh, hey, i just remembered, last night, clemson defeated alabama to become College Footballs National Champion no big deal, National Champion. And since ive got the helmet, im National Champion, too. Couldnt play last night because i had to do my show. I was very backbench. And what a great game, real backandforth affair. Did you see the game . Incredible. First, one team has the ball and their guy was running, then the other team got the ball and their guy caught it. Impossible to figure out who
Keep officers safe. A classic board game getting a digital face lift. Find out why you could soon be playing monopoly with emojis. Slick spots are concerned in the Lehigh Valley. Big changes on the way. Kate bilo will tell you how warm it will get when Eyewitness News continues. Went crashing through a drivers windshield north of exit one in salem county. He was thrown to Chester Medical Center and into surgery. His wife was not injured. Upper darby police have a new tool. The department purchased 137 tactical arm vests for its officers. The vests go over the mandated bulletproof vests that officers wear under the uniforms theyre to protect the officer from any type of rifle round that may be fired against them. In particular, active shooter, because we are under siege because were being shot and killed most recent was the tragedy that occurred in orlando, florida, i can see the need for it. The vests are heavy, way 16 pounds a piece a legal battle is brewing involves a popular enterta