Could make this the summer of the road trip. And what happens if gasoline prices start to go up again . We have a recap of that coming up here. But lets start with todays top story. That speech from janet yellen, steve liesman, where she did. She thinks its headed toward a 2 goal with the oil prices up and dollar stabilizing. She said in a conversation at harvard she expects the economy to strengthen and rates to rise. Its appropriate and ive said this in the past. I think for the fed to gradually and cautiously increase our overnight Interest Rate over time and probably in the coming months such a move would be appropriate. Thats in line with what other fed officials have said in the last several weeks. Ultimately the data is going to determine whether theres a fed hike in june. Theres a lot of it with Consumer Spending on tuesday. Vehicle sales very important right there. Now, just note, folks, adp which normally comes out on a wednesday because its a holiday week comes out on thursd
Well. Crude Oil Yesterday you saw wti back up 50 dollars for the First Time Since october. Now you see wti is down close to 1 . 49. 04. Couple big stories. The news just breaking in the last half hour. Eight auto makers issuing 12 million rerecalls. And more recalls are expected to be announced in the coming days. That is one of those stories that just continues. Also g7 leaders issues a warning overnight. Saying a british vote to leave the eu would seriously threaten the world economy. In a statement the leader said a brexit would reverse the trend towards greater global trend and investment and the ensuing job creation. And that back and forth between paypal founder peter thiele and gawker ceo nick denton continuing last night with denton writing an open letter. Thiele launched a decade Long Campaign against gawker after the blog outed the founder as gay. Denton called thiele thin skinned and challenged him to a role about the denton has begun solicits bids for the sale of gawker. Lo
71 years ago, death fell from the sky, and the world was changed. President obama makes an historic visit to hiroshima. We come to ponder the terrible force unleashed in the notsodistant past. Streets under water. Yards are under water. Severe thunderstorms bringing the threat of more damaging tornadoes to the central and southern plains. Fire [ bleep ] the building started shaking. People flying for the memorial day holiday can expect long security lines. Man, i better get out early. I dont want to miss my flight. We had a big day. We hit the 1,237, right. 1,237. Trump cannot get near most powerful job in the world. It is up to us to say no the u. S. Has discovered its first known human case of a superbug, one that cannot be killed by known antibiotics. The more we look at drug resistance, the more concerned we are. Korean airlines evacuated 300 passengers and crew from an aircraft in tokyo after smoke came from its left engine. A pair of navy warplanes collided off coast of north car
From the sky, and the world was changed. President obama makes an historic visit to hiroshima. We come to ponderhe t terrible force unleashed in the notsodistant past. Streets under water. Yards are under water. Severe thunderstorms bringing the threat of more damaging tornadoes to the central and southern plains. Fire [ bleep ] the building started shaking. People flying for the memo drialay holiday can expect long security lines. Man, i better get out early. I dont want to miss my flight. We had a big day. We hit the 1,237, right. 1,237. Trump cannot get near most powerful job in the world. It is up to us to say no the u. S. Has discovered its first known human case of a kiperbug, one that cannot be lled by known antibiotics. The more we look at drug resistance, the more concerned we are. Korean Airlines Aircraft in tokyo after smoke came from its left engine. A pair of navy warplanes idcolled off coast n oforth carolina. Four crew members ejected and were plucked out of the ocean. A