Collision course with the caribbean. Thanks for being with us. The storm is bringing heavy rain and strong winds. It could be devastating for the areas that see a direct hit. Dave. Good morning. Yes, that storm was a category v just briefly several hours ago and now a category iv. The word downgraded, its just not as high but its still a very powerful storm out there. For today, weve got temperatures mostly in the 50s all day. Beneficial rain, drizzle downpours, some improvement on sunday still a couple scattered showers for tomorrow but a much different day in terms of the amount of rain and the fact that it wont feel as wet. We will be watching matthew. Up here. 90 chance of rain for today, 50 50 tomorrow, a couple showers and things drier monday tuesday and wednesday. Well start to see some improving weather. I will have the 7day forecast just ahead. Stay tuned. All right. Thank you so much. Swings and down the right field line. It is a gone, a 2 red sox lead it 53. He sure does doe
Industrial production. Michigan sentiments at the top of the hour. Theres a look at crude back about 47. Our roadmap begins with ge beating the street on earnings, but what about nelson peltz . Companies such as yung, wyn. Alibaba making a multibillion dollar play for china. General electric up 29 cents a share in the Third Quarter held by demand for jet engines and power turbines. Ceo jeff emmeltz said ge performed well. Oil and gas revenues down 16. Power and water up 1, aviation up 5. I like the quarter. Plain and simple. When i see 4 organic growth, thats going to be among the highest of the Big Industrial companies. Its been the best performing industrial so far this year. I think jeff immelt, the transformation is truly happening and it is real. This is obviously Conference Call, we have the date, we have our reports here. I mentioned that because the Goldman Sachs hadnt been on that and the stock jumped 7 points after we talked about it on squawk. Important to mention. Things ha
Hearing from honeywell as well. A few reports of note, 9 15 eastern time Industrial Production and then at 10 00 its Consumer Sentiment and the jolts report. Thats the job earnings and Labor Turnover survey thats closely watched. Big stories this morning, investors putting money to work in the latest week. The u. S. Stock based mutual funds attracted 2. 5 billion. This reversal following 8 billion of outflows during the prior week. Also in global news a big test for greeks left wing Prime Minister today. A penalty for early retirement and expansion of property tax. Cleveland fed president is addressing recent assent among policy makers. They have had different views on Monetary Policy in the last week. This isnt surprising and is the result of what she is calling cross currents in the Economic Data. She argues the central bank is trying to be as clear as it can on its rational for policy. Esther, who is there . Esther george was but loretta is an old name isnt it . Like a classic name.
Few passing cloud down in south jersey right now no rainfall expected. Breaking down your day, 8 00 oclock temperatures in the lower 50s. By one we are in the lower 60s in the sunshine and we will finish off Late Afternoon and evening with temperatures again mid 60s for the afternoon high. Sixtysix for philadelphia the close to average this time of the year. Nice day at the shore, sub shine, 65 degrees. Cool in the poconos, high temperatures in the upper 50s. We will be seeing widespread 50s for the up copping weekend. We will get to those details in a few minutes. Erika, back over to you. Thank you. In important news, heading to pens land to go day, Chestnut Street overpass above i95 is closed right now after crews found a crack in the support pier. The we are waiting for workers to show up to start fixing that crack. At this point penndot is not sure just how long this repair process will take. The Chestnut Street traffic is being detoured on to front street, i want to check with vit
Investigators tracked the odor to a closet where they removed a false will and found a body in the crawlspace. It was obviously very surprising for everyone. I mean obviously its terrible news for sue ss family to confirm that she is in fact dead. Reporter neighbors say the entire story is extremely unsettling. To have Something Like that happen to a nice woman like sue it makes you wonder what kind of makes somebody tick that way that they feel like they have to take somebody elses life. Reporter in Manchester Ryan cap wbz news. The Attorney Generals Office is telling us that further details about the motive and the cause of death will be released after the autopsy. Tonight Bedford Police are looking for your help in catching a violent thief who robbed a convenience store. Happened about 9 30 last night. A man walking into the she will station on great roadie stabbed the check and then ran off with cash and lottery tickets. All we know is that the man was wearing a hoodie and mask. Of