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Were going to have much more of sara eisens exclusive interview in just a few moments. In the meantime, a lot to look at as stocks hit new highs for the year, about 2 from alltime highs. Bank earnings in focus. Europes mildly positive. Core cpi up 2. 2 year on year and jobless claims hit a new low going back to 1973. First up, wells fargo beating expectations with a firstquarter profit of 99 cents per share, revenues above consens consensus. They say while credit results remain solid, the oil and gas portfolio remains under significant stress due to low prices and excess leverage in the industry. And then b of a exceeded estimates with firstquarter results, put profits down 18 on a doubledigit decline in trading revenue. Not a repeat of the performance we got out of jpl. Going over these quarters all morning, and i have kind of a very simple takeaway, which is that, wow, if these companies were to have a bunch of rate hikes, you know, theyd make a fortune. And if they dont, they kind o ....
Inside a burning building. What may have sparked the flames. A christmastime wave of Severe Weather as a tornado touches down in alabama. We have an update on injuries as cleanup gets underway. Good morning, everybody. Taking a look at a live shot at Lower Manhattan on another mild december morning. It is saturday, december 26th, the day after christmas. Thank you for tuning in and being with us. Look who is with me. Good morning. Good morning. I hope michelle is a sleep right now. And that the kids are not waking up early to play with whatever gifts they got. Yeah. Thanks for being here. And amy is also off this weekend and enjoying time with the family so jeff smith was kind enough to step in and has weather that we have. Yeah. Two days of recordbreaking warmth. Were not going to have that today. Were going to skip a day of recordbreaking warmth and then back tomorrow. Tod ....
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