Power Lunch Morning Brief
A daily morning look at the financial stories you need to know to start the day
STOCKS/ECONOMY
-Stock futures are higher this morning mostly because of a slight rebound in crude oil prices.
-Gold is down again and is now at the $1,216/ounce level.
-The 10-year Treasury bond yield is back above 1.9%.
OIL/ENERGY
-Crude prices are up a bit to the $39/barrel level. But nat gas is back down below $1.80.
-Gasoline prices rose steadily over the long weekend and are now at $2.03/gallon, national average.
TERROR
-Terrorists targeted a crowd of mostly women and children celebrating Easter in Pakistan.The bombings left 72 dead. The hunt is on for suspects.
-Facebook's safety check feature failed after the Pakistan attack.
-Three more people have been detained in connection with the Brussels terror attacks.
ELECTION
-Bernie Sanders swept all three of the primary/caucus states on Saturday, all by big margins. But he's still way behind in the delegate count to Hillary Clinton.
-The FBI is preparing to interview top aides to Hillary Clinton over her email scandal and possibly Mrs. Clinton herself will be interviewed.
MINIMUM WAGE
-Democrats in the California statehouse have made a deal with labor unions to raise the state minimum wage by one dollar a year until it hits $15/hour in 2022.
DEALS
-More and more media reports say Microsoft is looking to buy Yahoo.
-Japan's NTT is buying Dell's IT unit for $3.05 billion.
-Bowing to pressure from activist investors, Avon has added former FedEx executive Cathy Ross to its board.
DEFENSE
-China is ordering its military to be more battle ready.
-President Obama's Easter address featured a promise to defeat ISIS but also a pledge to take in more people from Syria and Iraq.
CYBER HEIST
-Bangladesh is asking the NY Fed to help it recover the $81 million hackers stole from its state reserves and placed in accounts owned by casino owners in the Philippines.