In southwestern louisiana, about 30 miles east as a cat 4 a storm surge forecasters say could be 20 feet deep. Good morning to you. Reporter good morning. The rain is steadily coming down here as hurricane laura moves up the coastline or state line from lake charles up to shreveport where i am the rain is coming down steadily for the past several hours this storm has been downgraded to a category 3. Many concerns remain around heavy rain that could lead to flooding and the possibility of high winds that could impact trees and cause trees to fall and lead to downed power lines and outages much like we are seeing in the southern part of the state. Shreveport is one of the places folks were evacuated to from lake charles we are here along the riverside where folks are staying in hotels to get away from the storm but the businesses here are closed casinos here are closed. The cities in the area, the surrounding area, School Districts all closed for the day as they wait out to see what exac
Conscience that my enthusiasm for some companies is completely infectious buy buy buy buy buy buy people want to own stocks and they want to open the stocks in the worst way. [ booing ] so when the market dips 80 points, i want to talk about the worst way. [ booing ] because i see that happening way too off and we have to stop it this market has had a spectacular run and that should make you more, not less cautious i dont know where the top will be, but i do know were a lot closer to the top than we were in march or april when it felt like the sky was falling before i get started, i want to thank twitter. Yes, twitter, for exposing me to the worst ways of buy, trading, and owning stocks. Were all stuck in our own little world right now we had a call for members of the action alerts plus club this afternoon where i answered questions. Most of the club members are people who like the stocks we own for the charitable trust, the household names. Look out, theyll buy anything and i mean som
Posted 70 decline in operating profit the ecb urges banks to maintain the band on dividend payouts until the start of next year adding remuneration should also be mod rated speaking to the chair later on cnbc a trillion new stimulus plan puts republicans on a collision course over cuts to Unemployment Benefits saying america has 1 foot in the pandemic and 1 foot in the recovery the senate have been consulting to come up with a realistic proposal with what we think is an appropriate amount of Additional Debt to be added to the economy at this time. A warm welcome to street signs, everybody. One of the biggest movers this morning is in the auto space the psa group has fallen to 84 . The french carmaker said it will maintain 4. 5 operating target predicts a large rebound nor the second half of the year. Lets get to charlotte with more psa shares reacting very well to this set of results. What is so encouraging that we heard this morning good morning. You said it is all about the margins a
Into his own hands uber road blocks and queue the countdown clock. Jobs numbers are expected this morning. Estimates are all over the map it is august 7 this is Worldwide Exchange here on cnbc we made it to friday good morning, good afternoon, good evening from wherever you are watching happy jobs friday as well. Looking at futures they are indicated lower down about 130 points. You can see the fair value slightly positive. Anything can happen. It was another big day for stocks on thursday another record close for the nasdaq the 32nd closing high. The nasdaq closing above 11,000 the First Time Ever is now up 62 from the march low if you are some genius who timed it go to sizler, if you can. Gold look at that another nominal record high. In 1980, gold hit about 1,800 an ounce. With inflation, technically higher then. The First Time Since the win streak in may up from 2006 gold is higher around the world different story. We have more in a moment the european markets are trading down not
Demand changes to petition their grievances is in the very best tradition of america. No history of the United States, o recounting of the unending struggle to live up to our ounding promises would be complete without recognition of the peaceful movements that have nation forward. To the beabolitionists suffragettes, to the countless and heroic souls who marched in support of the civil peaceable ment, assemblies have moved mountains n this country and they still can. When america saw the horrifying a Police Officer illing george floyd, a brutal killing that invoked for many he nations long history of acial discrimination and injustice, americans rightly and assembled to demand justice, justice for every of skin regardless color. Ut what began as legitimate protests against a vial act of sadly, were soon hijacked and tunityists opportunist and violent radicals. Rioters had , injured more than 700 law officers across the ountry and had murdered david dorn, a retired officer who erved st.