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The Power Brief

Gold Bars
Anthony Bradshaw | Getty Images

A daily morning look at the financial stories you need to know to start the day

STOCKS/ECONOMY

-Stock futures are higher even though oil is a bit lower right now. Earnings season kicks off this afternoon.

-The markets are hoping to see a rebound in the Chinese economy. The GDP numbers come out from Beijing this week.

-Gold is up near a 3-week high at $1,251/ounce.

-Pres. Obama and VP Biden will meet with Fed Chair Janet Yellen today to discuss the economy and Wall Street reform.

OIL/ENERGY

-Crude prices are down a bit. Natural gas is down more than 3% and back below the $2 level.

-Gasoline prices are holding at $2.04/gallon, national average.

ELECTION

-A new NBC analysis shows that Donald Trump's delegate count far outweighs his actual voter support in the GOP.

-But Ted Cruz did sweep the delegates available this weekend in Colorado as the disorganized and underfunded Trump campaign made several errors.

-Bernie Sanders won the Wyoming Dem primary.

YAHOO BIDDING

-The parent company of Britain's Daily Mail is in talks to buy Yahoo's core businesses.

NC LAW WARS

-Bruce Springsteen and Bryan Adams have now canceled concerts in North Carolina to protest the state's new law on gay rights. How much longer can Gov. McCrory continue to defend it?

TERROR/DEFENSE

-Here come the heavy bombers: the US has sent B-52's to the Middle East for the first time since the end of our full involvement in the Iraq war. The bombers will be used against ISIS.

-A Taiwan-born US Naval officer has been accused of passing secrets to China for years.

-US defense contractors are launching a strong campaign against Pentagon pricing director Shay Assad, who they say is too aggressive in cutting the value of their defense contracts.

UK TAX MOVE

-PM David Cameron will introduce a new plan to hold banks and other companies criminally liable if their employees aid tax evasion.

MOVING AMERICA

-Key safety rules were not followed in the April 3rd Amtrak crash that killed 2 track workers and injured 30 passengers.

OLYMPIC BUST

-Russia's VEB Bank, which backed the ruinous costs for the 2014 Sochi Olympics, now needs a bailout.