Embrace yourself, Colder Weather is on the line. And looks nice. From indoors but it is chilly check in with a. J. Colby lookin out the weather. The wind chills are in the 20s the unproductive, at least it is a different story we show lake effect rain showers you can see thats connected to my back to the Western Basin lake erie the closer shot from out east afric expecting to see showers a day the chelation possible tonight. Colder air does work its way in aston villa. Here is the cloud cover, another thick cloudy day nothing here right now anything overhead, this not look like much sunshine wins out of the westsouthwest at 15 and gusting up to 25 mph. Need a warm coat today, the windchills 32 degrees cleveland and 29 degrees wooster. Stick with this lake effect pattern into saturday, i looks like it will begin to quiet down sunday, then you see the on and off lake effect activity out east, doubtful that it would hamper any travel, there is a chance of an accumulation of us must see th
Retail sector is still under pressure. Pandora shares on the rise after activist Investment Firm calling for pandora to consider a sale. Stocks poised to open lower following mondays rally. Futures up 0. 4 as gasoline, medical care and food prices up. April Housing Starts up 6. 6. Well above expectations on a 3. 7 gain. Economy doesnt look too bad this morning, jim. No. A lot of that increase in cpi is gasoline has come up. Thats something that the market likes, which is the craziness of this market. Remember we go to 48 for oil yesterday, and we have an explosion. All the stocks of the companies that do poorly when oil goes higher, but thats all right because oil is meant to be a barometer. We keep telling ourselves that. At a certain point its not a barometer. At a certain point its back to the inflation rate. But at the same time i dont see a lot of strength. I just see a lot of no volume, algorithmic moves in the stock market. Yesterday was one of the worst examples of it because t
Points today. Its seventh consecutive decline. S p sank. 6 . Strong dollar and Lower Oil Prices are once again wreaking havoc on the stock market. Just like it did earlier this year. Until we got that nice respite in july, a respite that sadly now seems over. So how the heck did we end up back in this ugly situation . What are we supposed to do about it . Why dont we start with the key culprit . Oil. Oil declined 20 from its recent highs which qualifies as a bear market. Whatever thats worth. Its remarkable how little investors seem to care as oil plunged from 50 down to 40. The whole market moved higher. Often led by none other than the oil themselves. This paradoxical action culminated in oil crashing down to 41 last friday. The same time many oils as well as the broader s p 500 moved higher. But as of this week, that decoupling, it no longer seems to be the case and as oil blew through today, most of the market rolled over including glaringly many industrials, technology and consume
Use the hashtag artist places. Fire up your smart phones if you get a chance. I am mark muro, senior fellow at the metropolitan policy program and my privilege to kick off todays auspicious event. I say our event today is auspicious for several reasons. It is always auspicious to welcome and help launch a book into the world, given it is a red letter day for fred bacher whose excellent book the smartest places on earth is just out and if i do say so, rush to pick up a copy, we have some out beyond the back, on the way out please do that. Also two experienced economic observers focusing not on the standard inside the beltway with spin cycles, and at brookings, the most fundamental elements of national wellbeing, r d and stem worker advanced industries from aerospace, Regional Technology clusters, Regional Technology ecosystems, critical, that is part of their focus, and collaborations they accelerate. The fact that cities and regions themselves can become incubators of growth. They trav
Employees that looked pornography on their work computer and a third accessed child pornography at work. The Inspector General found another employee made unwelcomed advances between female. Utah congressman is chair of the House Oversight committee. Weve come to order, without objection the chair has authorized a recess at any time. Todays hearing is entitled kmming employee misconduct at the epa. Its a topic weve addressed a few times but it doesnt seem to be getting better. We will continue to highlight this as long as it takes because in my opinion the epa is one of the most toxic places in the federal government to work and if you dont get rid of the toxicity of the employees there at the epa, were doing a great disservice to this country. Most of them are good hardworking, they care, work hard, but you have some bad apples at the epa and theyre not being dealt with and not being addressed. Well look forward to talking about this. The Inspector General has done some good quality w