This might be a sign of stabilization in the industry. 481,000 homes. It was little changed from the 82,000 we saw in december. That forecast was 470,000. There had been concerns about supply constraints with new homebuilders not building any particularly lower and homes and higherend homes. It looks like again we might see stabilization there. We are also seeing improvements in the job market, feeding through the home market as well. Better than estimated month over month, down 2 10 of 1 . Julie, thank you for breaking it down. It is time for the bulletin, the top business stories of the morning. Day two of jenny yellens testimony on capitol hill. The chair of the Federal Reserve will be questioned by the House Financial Services committee. Yesterday, testifying before a senate panel. The fed is coming to the end of having Interest Rates near zero. Yellen also said wage growth inflation are too high, which would argue against raising rates anytime soon. Too high . I am not sure about
[ theme ] stephanie Jacki Schechner. Good morning. Stephanie guess what today is. Its handsome man day. Of course, the mooks. Hour two, hal sparks. Hour three gavin newsom. In studio. Thats a lot of handsome. Stephanie it is handsome man today. Ive met gavin. Stephanie you cannot look directly into him. I remember i was speaking with him. It is a little overwhelming. Adopt stare directly into the handsome man. No. Stephanie who are much prettier than any woman in the world. They need special glasses for that. Stephanie exactly. You know your party is in trouble when i came in and said chris, get me that poll about how people hate republicans. Hes like which one . In the meantime, we dont have to take ale to, Everybody Loves Jacki Schechner in the current news center. Good morning, everybody. Today, rosa parks becomes the first black woman honored with a fulllength statue in statuary hall. President obama will be on hand for the unveiling ceremony. John boehner and Mitch Mcconnell will
Demand. The president threatened the team with a libel lawsuit. Where do i send a box of chocolates. This book is not about bannon. This book is about President Trump. President trump gave strict instructions last march to pressure Jeff Sessions to remain in charge of the inquiry. It was asked whether he had any derogatory information. The attorney general wanted one negative article a day in the news media about comey. Raising new questions about whether the president obstructed the fbis inquiry. In december the u. S. Economy added 148,000 jobs. Its below the Consensus Forecast for 180,000 jobs. Sitting at a 17year low. We need to point out nearly half of the u. S. Population has zero dollars and zero cents invested in the market. Small investors have continued to yank their money out of u. S. Stocks. Why . Theyre struggling from the post Traumatic Stress disorder from the Retail Sector. Thats all about jobs. Theres more news though. Despite the best efforts of the president s lawyer,
This. Snapped trees like they were toothpicks. Utter destruction, utter destruction. How half of this missed us, i have no godly idea. Unreserved, President Trump goes off. Not so much of a surprise. On the Federal Reserve . After the markets suffer their Third Largest point drop in history. I think the fed has gone crazy. The fed is going loco and theres no reason for them to do it and im not happy about it. Better get a Spanish English directi dictionary. Can a president s who raved about the stock market at least 60 Times Since Taking Office suddenly distance himself from it when it drops . You know were going to cover that this morning, but first, we must begin with what is now a Tropical Storm michael. Carving a path of destruction across the states of florida and georgia. I want to get you caught up on the latest. The storm is now racing toward the carolinas where it is threatening to unleash even more destructive winds and rain. At least two people are already announced dead. On
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