I am Katie Greifeld in new york. Welcome to Bloomberg Markets. It is a down day in markets right now. Take a look at the s p 500, down about. 4 . Even more so if you take a look at big tech. April was the worst month of 2024 and 30 minutes into the trading session, it does not look too high. I put bitcoin up just for fun because digital gold is not doing so hot right now. We are below 60,000 but we do want to get to some breaking data crossing the terminal right now. Mike mckee has all the details. Mike we have some numbers making the fed bank, what is going on here . Contraction territory. The forecast was down from 50. 3, so a much bigger drop than anticipated. This is not good news for the fed. We are seeing a resurgence in inflation, in the manufacturing area. The employment number goes to 48. 6, slightly higher from 47 point four, but it is still below contraction. We do see another decline in job openings. So, at this point, we are seeing fewer job openings and fewer people quitt
Water covering the north and southbound lanes. Road was closed about 695 and 95. Checking in with lauren ricketts. Is it going to stay dry . Say that one more time . Is it going stay dry . Yes. Thank good maine. I got rain on my mind. Were pretty much drying today. We have a chance for a few passing showers but only 30 chance youll see them flow through your area and where youre located. A few out there this morning and again possibly a few before 7 00 p. M. Again just a slight chance. Look at the cloud cover we have. It does look like it might rain out there. Thats live from our tower camera. Temperatures pretty much staying put until the next hour or two and then start to fall. Temperatures in the 40s acrosstheboard. Some areas upper 40s, some areas low 40s. We dont have too much rain on our radar. Few spots hitting the ground. Light spotty rain. Well talk People Living in three virginia communities are struggling to clean up after this devastating storm. There was reports of several
Name at this time. And do stay with news 4 and our nbc washington app. We have continuing coverage. Well send you a breaking news alert if we get any big developments in the case. More now on a developing story, this one out of bethesda. We have learned the names of the victims killed in a horrific car crash that happened on river road near pyle road near 7 00 last night. Michael and s less sandra and tr 17 month old son daughter and their daughter was badly hurt. The other driver was taken to the hospital but is expected to be okay. The crash is still under investigation. Im storm team 4 meteorologist tom kierein. Were off to a quiet start on this sunday morning with a clear sky. Its a cold morning. Starting off with temperaes and we have a calm wind. You can see first light of day showing up in this clear sky. Your weather headlines to this sunday, a chilly morning. A mild afternoon. Springlike pattern for the next three days. Radar not showing any rain, no snow anywhere in the vicin
Lightning and they could feel the high winds. I looked out the side doors, thats when i saw this solid sheet of rain and the wind just was really tremendous. Reporter thats not exaggerating from the looks of things around the church. Even inside the lobby area the doors started kind of buckling in and out because of the pressure change. Reporter while crews have begun cutting up whats left of fallen trees and repairing the daniel to power lines, you can seen the damage all over the area and the close calls. And we heard a tremendous loud sound. Reporter parts of the church roof are now in the Church Parking lot, and there are leaks inside where the water came in. Even the cemetery saw some damage but reverend felder is happy no one here was hurt, and he says its hard to think of a better place to be in a storm. Absolutely. We were definitely in gods hands being protected. Reporter and the damage he says, however costly, can and will be repaired. And indeed they consider themselves very
Beefing up the police force in the system to deter these kind of incidents and riders are happy. Just knowing how easy it is for any of those things to happen, its nice to see were taking a stand against these types of activities. Reporter metro is paying over 1 million bucks to bring in private Security Officers who will be responsible for looking over metros revenue collections. That will free up the current Metro Transit Police officers performing that revenue work to then be out in the system. Does metro have enough officers . We probably would never have enough. Probably no one ever does. Reporter more on the way though and riders should start noticing. And metro says officers are now going to start overlapping shifts so they can have higher visibility in late afternoons and evenings, jim. Back to you. Thanks, adam. As it regards that shooting on metros green line this week, we have learned that the suspect, a teenager, has a criminal past. Hes 16 years old. Hes being charged as a