Alibaba sliding as growth slows to a three of year low. Macys volatile ahead of the estimates. Well have comments from the ceo who was on squawk box. Thats coming up with us. And getting ahead of cisco ease first report. First up, futures are down following tuesdays sell off off the lows of the morning. China devaluing the yuan. According to reports china intervened in the final minutes of trading. We got to some interesting levels. Fits in with what youve been saying for a long time, jim. These guys know what theyre doing and theyre doing it systematically. They have to. Theyre an export nation. When they came out its interesting what happened. When they came out, it was like it broke up the chatter even at the club. Thats how important this was. People werent necessarily all financial guys. Then monday is nobody is paying attention . They have to cut. I was waiting for germany to be able to fall. They sell bmw, mercedes. This is a big market. I was shocked. And the germans are still
Into a building in brownsville, leaving one stead and two shot. Its august familiar 150th. Whoa thats a familiar, good voice. You had a few days off, too . Y rest, sleep in late, no alarms. No you and no me time. Youre just happy. Im rob nelson. And im michelle charlesworth. We are are back. Amy freeze, gone next weekend. I was going to say i havent left the building des moines weeks while youre vacations. Sorry i know. Good morning to both of you. Great to have you back. The heat and humidity increasing today and tomorrow, and thats a create of hot weather that will not last when the weekend ends. Hazy out there. 74degrees in central park, and we hit 90 yesterday. A good start with the 70s in and around the boroughs. 61 for monticello. Down the sword, 66. Radar and satellite picture we are practically cloud free over the next few days. Just because we have a High Pressure system in control, and it will create a sinking ire for these clouds to develop. Expect a lot of sunshine, but the
Up to six inches of rainfall is actually being held off to the north by High Pressure and its the same system that is bringing us the heat, and will allow for the humidity to come up here in the next 24 hours so well just in crease the humidity and increase the sticky feel, it becomes a steam bad by the end of the weekend but it doesnt end there. Well have more 90s early next week so 3 00 were at 89 degrees and we hit the 90 degree mark and even the sunset muggy. Ill have much more on this streak of 90 degrees in the accuweather seven day forecast. Rob . Amy thank you very much. And we are seeing new video of the suspect in a deadly shooting also in brownsville brooklyn. The video shows the man police say followed three people into that building thursday night on saratoga avenue and then opened fire before then taking off. Police were alerted to the scene by the nypds shot spotter program. When they got there they found three men had been shot, 21 year old isiah sis ore was killed in t
Street when the suspect came up her, threatening to shoot her, and he led her to the area of leffords place where he put his fingers down her throat and sexual assaulted her down an outdoor staircase. She was sexually assaulted and left with two broken teeth. Anyone who recognizes the man should call the nypd. Janelle burrell, cbs 2 news. In indonesia, rescue teams have reached the crash site where a plane went down over the weekend. All 54 people on board were found. It lost traffic with air Traffic Controllers 30 minutes after takeoff. No word on the cause of the crash. The death toll has topped 20. Another 140 people were wounded in what is being called the countrys worst ever attack. Theres been no claim of responsibility, but thailands Prime Minister said investigators are closer to figuring out who is to blame. The explosion hit the central part of the city during the evening rush hour. Time for traffic and weather on the 2s. John, good morning. Hi, chris, mary, and everybody. It
Streets pull back as oil prices slideand tax plan jitters target targets holiday forecast, Brian Cornell joins us exclusively. The General Electric slide, continuing to sink premarket now down more than 43 this year stocks are poised to open lower after the dow and s p posted a third negative session in the past four, concerns about slowing growth in china, weighing on Commodity Prices and crude under pressure after the International Energy agency lowers its Oil Demand Forecast jim, weve got the same jitters about high yield and then of course inflation has run hot for a couple of days. I come back and look at the bureau of labor statistics number that came out real average Hourly Earnings for all employees decreased. 1 . So i think theres a lot of faux worries here china has been okay the whole time, remains okay these wage numbers tell me were okay and oil went up on turbulence and middle east problems and goes down incredibly wrong i think were churning what matters is we keep impor