happening. stocks are moving higher at this hour. it feels like investors are shaking off fears about the debt standoff between europe and greece, but folks, the action is really in oil. prices plunging again after the international energy agency warned of more sell-offs in the near term. we begin with fears in the bond market. we re talking about, yep, puerto rico, and its debt crisis sending its bonds to record lows. why does it matter to investors here? many hedge funds and big bond investors have exposure to puerto rico. kate kelly has more on the fall-out. big legal news the last few days on puerto rico which has been struggling with over $70 billion in debt as well as highend employment and other economic issues for some time now. on friday a federal judge blocked the island s efforts to restructure certain debt through a new law known as the recovery act that was passed last summer. the law was intended to help agencies like for example, the purity wroe ricco electri
tolerate sanctuary cities pete: what a morning. abby: guess who is back from vaca. ed: i was off for a couple weeks. abby: you look so refreshed. ed: italy will do that for you. abby: were you even vacationing. ed: i missed you guys. pete: nothing happened while you were on vacation. abby: big news we will talk about tomorrow. this is our last weekend together. so we ll make the most of it. pete: we have sound effects for you. we have a big celebration tomorrow as well. but we have a lot of news breaking this morning. in fact, we begin with a fox news alert. terrifying moments as a stolen plane flew aimlessly in the air before crashing in seattle. abby: take a look at this video. alaska airlines employee i don t want to hurt no one. i just want you to whisper sweet nothings into my ear. i have a lot of people that care about me. and it s going to disappoint them to hear that i did this. air traffic control tried to get the man to land the plane on water. the fighter jets did
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