Anticipated so today was cpi, Consumer Price index, and we got 3. 7 yearoveryear, 0. 4 percent month over month. Anna, what do you think about the numbers we got . It does look like the fed could it does have cover to raise rates again if they want to. I think this is not the type of report that could convince the majority of fed officials that rates are sufficiently restrictive. We saw from the fomc minutes yesterday that many think rates are near or at but i think this report shows it is more likely to be near rather than at sufficiently restrictive. Matt so we did see in the dot plot, 12 at a 19 say one more hike for the year, at least that was their expectation for where we would be. They did not know obviously about the situation in the middle east the way that would unfold or the moves having nothing to do with geopolitical events in long term rates p release all them sore last week. The tenure hit 10 year 488. To those two things change the outlook . I think the reason for why t
President trumps decision to recognize the contested city of jerusalem as the capital of israel. Now the president is threatening to cut off some u. S. Funding to the Palestinian Authority. Do you ever see yourself at a bargaining table with President Trump or his administration . But him together with 4, 5 other leaders. Why not. Californias 2017 wildfire season was the worst on record. Some thought 2016 was bad. And thats when we went to california to see what kind of support the state was getting to fight and prevent future wildfires. We need congress to act and we need them to act now. That was last year. This year more than double the acres burned, and double the dollars spent. You said youve seen bills in motion but has anything changed nc sharyl welcome to full measure. Im sharyl attkisson. One of President Trumps Top Priorities for 2018 is pushing to update to americas aging infrastructure. That means our system handling roads, bridges, dams, power and rail. We dont yet know ex
Literary career. P. M. Rom noon to 3 eastern, june 4. Host now a discussion on the future of Transportation Networks in this country. Joined by Regina Hopper, president of the Intelligent Transportation society of america. Is everything, you hink about tolling, many folks are used to going through tolling, that is intelligent function, Traffic Management systems, some communities you sit at the light wonder, why cant i go if there is no one coming the other Management System that allow us to manage traffic etter and connected vehicles, cars that talk to each other. Talk to the autonomous ure and vehicles. Ranges spectrum for many things, about its hing america, we have the folks sitting at the table trying to what that next future of transportation is. At who are folks that sit the table, who makes up the its america and how do you figure get behind . What is the Intelligent Transportation system that will a system there are options to choose from. Guest there are. At the estion, who s
Major delays yellow on traffic map some delays green on traffic map no delays the frigid temperatures can be very dangerous. Shelters across the area are making sure people have a warm place to go. Julie collins has the latest on the efforts underway at a west allis emergency warming shelter. We are at feeding his flock. Yesterday as a warming shelter. Were told it was a very busy night hereand the Group Expects it to stay busy in the coming days. Work to prepare the basement of the chapel at 81st and lapham in west allis began yesterday afternoon. They encourage folks without a home to join them inside and escape the cold this group is one of several in southeast wisconsin making sure people stay safe as the temperatures dip. At the impact 211 call centerresource connect callers with the help theyre looking for. Assisting many in finding shelter. With more predicted coldheaded this wayeach group gets ready for whats ahead. So that this dangerous weatheris safer for some of the areas m
A little bit. There is one camp that is favored over brexit, and the Dow Jones Industrial is up, the s p is also up, and the nasdaq the biggest leader, up by about 1. 4 . Lets go ahead and break this down into the 10 industry parts. You can see it is basically a broad rally, pretty much aside from utilities, down by about 2 10 of 1 , that Consumer Discretionary is up the biggest, behind bylosely industrials and energy as well as information technology. Lets take a look at some of the biggest percent gainers, as well. Discretionary, and priceline, for example, is up about 3. 5 , and this is more than double the Consumer Discretionary group. It is also seeing a high, travel stocks also seeing a gain, expedia up by more than 4 . This is after they raised the stock to an overweight with a price target around 130, and they are expecting Earnings Growth. Trivago. As well as and wells fargo is basically saying if you think the u. K. Will stay in the eu, then cruise lines are the best industry