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Runway in that snowstorm. We have the very latest on that situation. 16 people injured, two taken out on stretchers. Now, billionaire mark cuban making waves today, publishing a blog saying we are in a tech bubble that is quote, worse than the one 15 years ago. Cuban will join us exclusively about an hour from now for more detail on this provocative thesis, bill making the rounds today. Dont miss it. One of the real you cant even call mark a survivor of the dotcom boom a thriver. He was a winner. He created broadcast. Com and and sold it for billions before the dotcom bust came and hes been playing ever since. Thats why well be interested to see what he has to say about the cycle this time around and who stands to be helped or hurt. Always outspoken. Later, banks stressing out. Literally, the government releasing the latest results on those stress tests for the banks, whether they prove they could withstand an economic meltdown again. Well have those results the moment that they are av ....
It shows the power politics of russia as they look east and that they look south at ukraine. And as a power player, there was so much discussion over the past several years with russia as a superpower, and recent evidence suggests it is. Lets get to the calculus of a brief today. Overnight, here is what we learned u. K. Retail sales increased for a third month in april and in japan, the central bank refrain from boosting stimulus. That is a good sign. They do not feel that they needed. Are you with me . He is a playing it. The market it was up. 7 00, we have that the Weekly Mortgage application. That is a volatile number. 2 00, this is the one youre to focus on the fed minutes. The april meeting, tom. By the way, janet yellen is speaking at 11 00 today. What matters is several, fewer, many yeah, right. Those are the keywords. We are doing several items in todays brief. And there are several to mention. Before the bell, lowes, tar ....
Write to our top story, we begin with the escalating violence in iraq. The military has stepped up attacks on the insurgents who captured large chunks of territory north of baghdad. Those militants have posted graphic images online that appeared to show them executing iraqi soldiers. The country is on the brink of civil war. The Iraqi Government is trying to fight back, reporting they have killed up to 300 militants, mostly using air power. The insurgents still control the second biggest city in the country with a population of 2 million people. They still control an important city from a strategic perspective. The former hometown of the late saddam hussein. The insurgents control part of the pipeline that goes from the oil fields in the north up to the mediterranean port in turkey. An interesting picture. No real change to the physical supply of iraqi oil since the end of last week. Old remains oil remains volatile. When you ta ....
This is israreal money, and you are the most important part of the show. So tell us what is on your mind. We all get a sharp shocking reminder today that while americas economy is looking strong, the picture beyond our shores is anything but clear, and it may end up posing risks to the u. S. Recovery. The reminder came in the form of a Portuguese Bank many of us have never heard of, but whos financial problems sent stocks in europe plunging. Portugueses stock the biggest plunge. Followed by shane, italy, germany, france, and while some analysts say the problems are limited to one bank, the episode is bringing back very unpleasant memories of the european debt crisis. The dow opened 180 points, but made up a lot of the ground finishing about 70 points down or less than half of 1 . But lets go beyond todays Market Reaction to the more important issue of europes economic healt ....