Headlines today. A discussion of usled airstrikes in syria. Developments at the white house. We begin with yang yang and word that ebola cases could reach 1. 5 million by midjanuary. That covers just two countries. That is right. Sierra, just post he does estimates that without better containment of the Ebola Outbreak, there could be as many in the twoion cases west african countries by january. The third country hit hard by the virus was not included because the number of cases there has fluctuated too much to make modeling valid. The model estimates 550,000 cases on the lower end. The reason why the range is so large is because Officials Say they believe the cases to be significantly underreported by a factor of 2. 5. The latest tally from the World Health Organization shows 2800 asths and 5800 total cases of monday. To give you an idea of scale, 1. 4 million would be 240 times the current case number. Also today, the World Health Organization released a separate that predicted there
Argentina debt crisis. First lets get you to the top stories of the day. Cheers rang out in nepals capitol as rescuers pulled a teenager out alive. He had been trapped since saturday when the eric struck. Meanwhile video of the quake actually happening is out. Here is a portion of it. A socialist from vermont will challenge Hillary Clinton. I believe that in a democracy what elections are about are serious debates over serious issues. Not political gossip not making campaigns into soap operas. This is not the red sox versus the yankees. This is the debate over major issues facing the american people. Hes an independent whoa usually votes with democrats. He could force Hillary Clinton to deal for seriously with the partys left wing or distance herself from it. Catch a big sbeer view on bloomberg. Ted cruss will join our politics. Catch that intersue at 5 00 p. M. Eastern today. Sara is resigning from the new york Federal Reserve. She is head of bank supervision. She will step aside on o
Seersucker suit. The company about that manufactures those all cotton suits for those hot summer days. But first, headlines from su keenan. We have h r block in the news, one of the top performers in the s p 500 today, reaching an all new high after the Tax Services Company posted fourthquarter profits and revenues that beat analyst estimates. Climbed 35 from a year ago. And another record high today on speculation that it is on the brink of a takeover. Anadarko has soared since april when it agreed to pay 5 million to clean up a long standing pollution site, clearing the way for a potential suitor. And Francois Hollande will discuss an energy visit tomorrow. In talks with mitsubishi on a joint bid to counter ge. Those are a look at the top stories. Much, suyou very keenan. Our other top story today, Virginia Republican aric cantor will step down as majority leader on july 31, this after his primary election upset yesterday. In a News Conference moments ago, he said come a despite the
About the tea party. Acronymber what the means. Taxed enough already. We all believe in that. All of us conservatives and republicans believe in that. When the tea party first came about in 2009, i believe it was in reaction to the tremendous overreach on the part of the obama administration. Cantor also said he will support House Majority whip Kevin Mccarthy of california to replace him as majority leader. Jpmorgan chase may have to cut jobs and reduce competition. If trading revenue fails to rebound as expected. The longerterm question, she says, will we had too much capacity. For the First Time Since the u. S. Housing crash, condominium towers are being built in downtown boston, seattle and los angeles. Back in favor after rental demands pushed the Apartment Vacancy rate to the lowest we have seen in a decade. Thanks very much. The worlds attention is being turned to latin america this week. The world cup begins in brazil tomorrow. Brazil versus croatia. For those who like to put mo
More over the next hour. First, lets get headlines from carol. Itsechnology out with earnings. Fiscal thirdquarter profit and sales exceeded the estimate. Intact, oracle Ceo Larry Ellison has made his move. They have officially agreed to by micros systems for approximately 3 billion for 5. 3 billion. Americans are snapping up existing homes in the month of may. Curt uses climbing almost 5 . That is the biggest increase since august 2011. Top headlines at this hour. President obama is gathering information to decide whether airstrikes will be used to counter the sunni militant advance on iraq. That is according to the United States secretary of state john kerry. This is a critical moment for iraqs future. It is a moment of decision for is as leaders, and it moment of great urgency. Iraq faces an accidental threat and iraqs leaders have to meet that threat with the incredible urgency that it demands. Topic,more on this stephen, road joins us from washington. Phillips is Senior Research f