memories and loved ones and legacies that deserve to be fully redeemed. by erasing the lines that divide us. the new orleans saints also commemorated the anniversary wearing the katrina x symbols on their jerseys at the super dome. 300 refugees arrived in greece last night. the day before about 4,000 more refer ewegys arrived on a greek island. many, however, aren t that lucky. a ship near libya sank killing at least 30. late last week another boat sank there, killing an estimated 200 people. five people have been arrested in connection with the deaths of more than 70 migrants found dead in a refrigerated truck in
ride on wall street and across the globe. u.s. futures aren t looking so good either. steve cedric joins us live from london. steve, what are investors watching this morning? well, they re watching china, of course. china was down again in session, neared flatline by the close of trading. they ll crack down on those they believe are destabilizing the market. it noelt it they fell 7.9% last week. but the dow is on course of having its worst month in three years. now the futures are pulling us down on the s&p, .8% on the nasdaq. lots to account for in the states, big numbers on factory output, trade and key payroll figures at the end of the week. people have been worried very
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spending cuts, much of it from medicare and medicaid but also the 1.5 trillion in tax revenue, more than 1 trillion in war savings as operations in iraq and afghanistan draw down and interest savings amounting to more than $400 billion. texas governor rick perry may be asked more about this on the campaign trail. census data shows more than 18% of texans live below the poverty line. that s 3 points higher than the national average. the state also has the highest share of people without health insurance. and it s tied with mississippi for the highest percentage of minimum wage workers. perry s office says the governor is focused on creating jobs so people can take care of themselves. 40% of the jobs added in the united states over the past two years were in texas but many of them pay minimum wage. in other news this morning, there is a murder mystery at an air force base in arizona. a husband and wife found stabbed to death at luke air force base outside phoenix. they were i
will win it. why is congress still on vacation? and a guy who has a lot to say about this economy and this country, trace atkins, tv personality and all-american guy. this is piers morgan tonight. good evening. it s been another bad night on wall street. the dow closing 520 points totally erasing all of yesterday s gains. asian markets reacting as i speak to the plunge. europe will follow in a few hours. is market turmoil the new normal and what can you do to keep your money safe? joining us is leigh gallagher, ali velshi and kai ryssdal, and carmen wong ulrich. let me start with you. another crazy day on wall street. we ve seen record fall, record rises and record falls again. yet again i ask you, what the hell is going on? every day i get up very early. every day i think maybe piers can just run my answer from the night before. unfortunately every day it s a different reason. last week it was italy. on monday it was the s&p downgrade. then tuesday the market was up so