service even issuing an alert that didn t mince words, exclaiming quote to protect your life. take cover. now a former mayor of rolling fork told a local television station that a tornado blew the windows out of the back of his house. and the sharkey county sheriff s office reporting gas leaks and people trapped in piles of rubble, mississippi governor tate reeves saying in a twitter post that search and rescue teams are active and that more ambulances and emergency assets are being sent to those affected areas. the governor also saying quote many in the mississippi delta need your prayers and god s protection. the storm prediction center, saying the greatest threat of tornadoes overnight will be in arkansas, louisiana, mississippi and tennessee. storms with damaging winds and hill also forecast from eastern texas and southeastern oklahoma into parts of southeastern missouri and southern illinois. let s go now to fox weather meteorologist ian oliver, who s standing by with th
Here we go, folks. Its thursday. Lots happening this week. If you check out the futures, they are higher. Dow futures up 90 points. S p futures up 12. Nasdaq up by 50 points. This does come after gains for all three at the major averages yesterday. Treasury yields have picked up a little bit. We have looked at the 10year treasury above 4. 3 . Now at 4. 26 . 2year treasury has been just at 5 . It is at 4. 98 right now. Lets update you on the looming auto workers strike. Shawn fain said the union and automakers are far apart ahead of the likely strikes. The strikes would begin at an limited number of locations. An allout strike is still a possibility. Fain providing clarity with talks with each of the big three. Ford offered a 20 raise followed by gm at 18 and stellantis at 17. 5 . The union has been pushing for a 40 wage increase. In the meantime, a bitter battle of words with jim farley saying fains accusation saying they are not negotiating and not showing up at the bargaining table.
Brian, thank you and welcome to power lunch im Tyler Mathisen big rally. The dow soaring triple digits. It would help the nasdaq avoid the first four day losing streak since november of 2016 now brian talked about the treasuries yields pulling back just a little bit. Lets see where they are right now. The 10 year note at 2. 91 thats down just a bit results of a 29 billion dollar auction just moments away. Could be a market mover. Sometimes they are sometimes not so much. Most stocks are up but these three are down seriously roku plunging, missing profit. 17 , man you dont like any part of that. You dont want any part of that. Missed estimates, guidance wayfair. It says tanning. Wayfairs not tanning, that would be tanking down 20 the company reporting a wider than expected loss and pandora taking a hit Music Streaming Service also posting a wider than expected loss despite the fact that i was listening to it this morning. Thanks. Lets get more on the trading action this hour bob has the
Clinton and jeb bush . Back draft. Two firefighters inside a burning home when it suddenly explodes sending installation everywhere. This morning how they managed to escape with their lives. And girl power, the nation set to hohnnor the world cup champions with a ticker tape parade in new york city, but not before they make their way to the plaza to see the hottest girl band around. Friday, july 10th, 2015. And good morning. Welcome to today on a friday morning. 7 00 on the west coast. Hodas last day here. Savannah come backs. I dont mean your last day working here. You never know, right . We have a big crowd to send you off. Im so happeny. Fifth fifth harmony is here. 12, 13, 14, all their moms and everyone else in between. It will be a lot of fun. Savannah will be back on monday along with al. Lets start with the history being made in South Carolina. The ceremony to remove the Confederate Flag is about to begin. Lets pause to give stations a chance to join us. There is an nbc news sp
President says the deficits are already shrinking. He is right so what is the truest . That is our show. Tonight. John money confuses people with compound interest taxes and comparative advantage so it is fun to see a new book out called Popular Economics that sounds like more fun but what can they teach us . Abroad james specializes is something else. What can he teach about economics . Lets ask the author. He is a great example of comparative advantage he is the best free trade between the countries and all individuals trade but countries never trade he is the best basketball player in the world but it is well known he could be high indeed paid nfl tight end but he is blowball dependent he employs the clothes he wears he gets his hair cut by someone else and specializes when he is best at with a basketball. John than he pays for the football to sell his basketball. We produce to consume there you can import as much as possible. Trade is the reason we produce the more you specialize t