Crucial week for Economic Data not getting off to a banner start. New home sales slipping about a percent from the previous month. This poor showing could be a tip of the iceberg. Gdp figures, feds tapering decision, monthly jobs report all due later this week. Here our very own Charlie Gasparino and liz macdonald. Dan schaefer from schaefer asset management. What kind of week do you think it will shape up to be with all the data out there. I think it will be volatile week. Numbers are not good. Weve seen preliminary numbers and everybodys expectations are way too high. Global retail sales are down. Melissa yeah. Used to be the if United States sneezed, world got a cold. Now it is backward. Ireland with low negative retail sales. Inflationary depression scenario, this week could confirm further these numbers. Melissa people say 2. 9 contraction last time around was a blip. At the same time walmart ceo says job rebound is not spurring spending. Container store. Americans facing retail f
And the governor talked how impressed with what the coast guard was doing this morning. These are dangerous missions, and grateful for the brave women and men, and one team risking their lives to save others and we are going to learn a lot more in the coming hours. Many families are hurting, many, many are hurting today, and our entire country hurts with them. Its all over the country, so many crisis, but in florida today is the epicenter. We are continuing to see deadly rainfall, catastrophic storm surges, roads and homes flooded. We are seeing millions of people without power and thousands hunkered down in schools and community centers. They are wondering whats going to be left, whats going to be left when they get to go home home, or even if they have a home to go to. Some of the folks have been through this before, but that does not make it easier, makes the anxiety higher in my view. My message to the people of florida, the country, is at times like this, america comes together. W
Across the asia pacific beginning in the week with a pbt . E of well break it for you here on bloomberg. Were seeing the aussie dollar lower. Check out whats happening across the board. Youre seeing red arrows at the a. F. X. 200 there. The drops. Gold is advancing among the precious metals. Weve watching some of the tech makers including nintendo. Taiwan opening. Well keep a close watch on the asse rsks t today after that companys opening on friday. Looks like a decline for those markets. Well be watching that very closely. Precious metals they are extending earlier gains. National gas futures declining. We had lackluster earnings numbers and a reminer that the u. S. Markets are closed for a national holiday. Rish the data out of china will be moving and all the tech news that is moving out of japan. Take a look at nintendo shares. Plummeting at the open. This after forecaster surprised the japanese game maker losing the battle with the xbox. And john is right here to explain. Whats g
Russian activists ignore a deal dealing a blow to u. S. Efforts for peace. Priests who pred the word of god through rock and roll. Good morning to you and welcome to Al Jazeera America. I am Morgan Radford live in new york city. The captain of the capsized ferry is behind bars this morning. And south korea ian Police Arrested lee jun sook and two crew members. He is charged with negligence and violating seamans law this as divers say they found three bodies in the third deck of the ferry but they werent able to remove them. Rescuers are using heavy cranes to find hundreds trapped inside. Harry fawsett has been following the story reporter more desperate efforts asdive teams continued to battle strong currents and Poor Visibility in and around the sunken ferry. Authorities said bodies had been seen on board. Reporter a diver discovered bodies on the fourth floor. The diver came out of the water due to a time limit and floating objects. Relatives were shown footage of the overnight dives
Degrees. The big concern is nighttime. Were still going to get plenty of cold tonight through 9 00 tomorrow. We will still plunge down to about 36 degrees. The overnight lows, down to 33 redwood city. 33 santa rosa. All record lower the tour, at least. Territory. The Silver Lining behind the cloud is we will be near 60 degrees again by friday. The cloud, unfortunately will hold no rain. Thats tore weather story. We will have the whole forecast for you a few minutes from now. Brian, we will see you then. You have to believe me it is tame compared to the wild weather in other parts of the country. Check out the sheets of ice falling from buildings in north texas. A lot of people caught it on their cell phone video. The icy mix came crashing down on the cars below. Fortunately, nobody hurt. Roads so icy there, some drivers actually got out and pushed their cars ahead as others continued as a snails pace. Drivers in philly braved the roads. People in chicago woke up to 3 inches of snow on