1 00:00:00,880 --> 00:00:03,640 Speaker 1: This is your twenty four to seven use update, the 2 00:00:03,720 --> 00:00:09,600 Speaker 1: latest use this hour. In just four minutes, Wall Street 3 00:00:09,640 --> 00:00:12,880 Speaker 1: is closing with stocks sharply lower. It comes after the 4 00:00:12,880 --> 00:00:16,920 Speaker 1: Federal Reserve announced today it's leaving interest rates unchanged. It's 5 00:00:16,960 --> 00:00:18,640 Speaker 1: the second time in a row the Fed has kept 6 00:00:18,720 --> 00:00:21,920 Speaker 1: rate steady. In remarks after the announcement, Fed Chair Jerome 7 00:00:21,960 --> 00:00:24,680 Speaker 1: Powell warned, there won't be another rate cut until the 8 00:00:24,720 --> 00:00:28,120 Speaker 1: board sees progress on inflation. If we don't see that progress, 9 00:00:28,160 --> 00:00:28,960 Speaker 1: then you won't. 10 00:00:28,720 --> 00:00:29,480 Speaker 2: See the rate cut. 11 00:00:29,800 --> 00:00:32,920 Speaker 1: Investors are also digesting a recent report that showed the 12 00:00:32,920 --> 00:00:36,200 Speaker 1: Producer Price Index rose zero point seven percent last month. 13 00:00:36,479 --> 00:00:39,520 Speaker 1: At the closing bell, the Dow Jones lost seven hundred 14 00:00:39,560 --> 00:00:42,199 Speaker 1: and sixty eight points to forty six two hundred and 15 00:00:42,200 --> 00:00:45,080 Speaker 1: twenty five, the SFP five hundred and fell ninety one points, 16 00:00:45,280 --> 00:00:48,000 Speaker 1: and the NASDAK dropped three hundred and twenty seven points. 17 00:00:48,120 --> 00:00:50,800 Speaker 1: Millions across the Southwest are feeling the impact of a 18 00:00:51,000 --> 00:00:53,040 Speaker 1: historic heat wave. The heat wave is caused by a 19 00:00:53,120 --> 00:00:56,200 Speaker 1: ridge of high pressure, heavy air that's sinking toward the ground. 20 00:00:56,440 --> 00:00:59,280 Speaker 1: High temperatures are soaring as much as thirty five degrees 21 00:00:59,320 --> 00:01:02,040 Speaker 1: above average for this time of year. From California to 22 00:01:02,120 --> 00:01:04,560 Speaker 1: the Great Plains, and the hottest days are expected to 23 00:01:04,600 --> 00:01:07,319 Speaker 1: be tomorrow through Saturday. The war in Iran is set 24 00:01:07,360 --> 00:01:10,080 Speaker 1: to enter its third week. It comes as Iran confirmed 25 00:01:10,120 --> 00:01:13,280 Speaker 1: its intelligence minister was killed by an Israeli strike last night, 26 00:01:13,560 --> 00:01:16,240 Speaker 1: and comes a day after other top Iranian officials were 27 00:01:16,319 --> 00:01:19,640 Speaker 1: killed by Israel. Meanwhile, gas prices continue to rise, and 28 00:01:19,680 --> 00:01:22,319 Speaker 1: there's still no clear word on which nations, if any, 29 00:01:22,440 --> 00:01:24,559 Speaker 1: will help the US bring the situation in the Strait 30 00:01:24,600 --> 00:01:28,000 Speaker 1: of Ourmus under control. The United farm Workers is speaking 31 00:01:28,040 --> 00:01:31,920 Speaker 1: out about what the group calls troubling allegations against immigration 32 00:01:32,040 --> 00:01:36,640 Speaker 1: rights icon Caesar Chavez. The UfW released a statement yesterday 33 00:01:36,680 --> 00:01:39,720 Speaker 1: saying it had learned of allegations involving abuse of young 34 00:01:39,760 --> 00:01:43,319 Speaker 1: women or miners by Chavez. UfW officials say they don't 35 00:01:43,319 --> 00:01:46,039 Speaker 1: have any detailed knowledge of allegations, but that they are 36 00:01:46,040 --> 00:01:48,400 Speaker 1: troubling enough that the group wants to learn more and 37 00:01:48,440 --> 00:01:51,320 Speaker 1: provide space for those who may have been victimized. On 38 00:01:51,440 --> 00:01:54,440 Speaker 1: the college hardwood today, the final two First four games 39 00:01:54,440 --> 00:01:56,520 Speaker 1: are being played Prairie View A and M taken on 40 00:01:56,600 --> 00:02:00,200 Speaker 1: Lehigh and Miami of Ohio versus SMU. Then tomorrow the 41 00:02:00,200 --> 00:02:03,200 Speaker 1: tournament officially tips off with a full day and night 42 00:02:03,360 --> 00:02:07,600 Speaker 1: of first round games. I'm Chris Kragio. Heat records are 43 00:02:07,640 --> 00:02:10,280 Speaker 1: expected to fall across the Southwest this week as a 44 00:02:10,320 --> 00:02:14,079 Speaker 1: massive heat dome. Since temperatures rising to near one hundred degrees, 45 00:02:14,160 --> 00:02:16,959 Speaker 1: Los Angeles could break daily heat records through Friday his 46 00:02:17,080 --> 00:02:20,120 Speaker 1: temperatures climb into the upper nineties. Las Vegas is expecting 47 00:02:20,240 --> 00:02:24,000 Speaker 1: records setting temperatures through Saturday, with some highs exceeding previous 48 00:02:24,040 --> 00:02:27,079 Speaker 1: records by up to ten degrees. Phoenix could see its 49 00:02:27,080 --> 00:02:30,280 Speaker 1: earliest one hundred degree day on record, beating the previous 50 00:02:30,280 --> 00:02:32,520 Speaker 1: records set in nineteen eighty eight when it hit one 51 00:02:32,560 --> 00:02:35,720 Speaker 1: hundred degrees. On March twenty sixth, Venezuela is celebrating its 52 00:02:35,720 --> 00:02:38,880 Speaker 1: first ever World Baseball Classic title. The team edged America 53 00:02:38,919 --> 00:02:41,079 Speaker 1: three to two last night in the final in Miami. 54 00:02:41,200 --> 00:02:43,679 Speaker 1: Euhani Osuarez drove in the go ahead run with a 55 00:02:43,720 --> 00:02:45,840 Speaker 1: double on the top of the ninth. Bryce Harper tied 56 00:02:45,840 --> 00:02:47,560 Speaker 1: the game with a two run homer and the bottom 57 00:02:47,600 --> 00:02:49,680 Speaker 1: of the eighth. As Team USA was trying to earn 58 00:02:49,800 --> 00:02:54,080 Speaker 1: its second Classic victory, pending home sales unexpectedly rose in February, 59 00:02:54,120 --> 00:02:57,680 Speaker 1: the National Association of Realtors cited improved affordability for driving 60 00:02:57,680 --> 00:03:00,200 Speaker 1: the one point eight percent increase in contracts signed from 61 00:03:00,240 --> 00:03:03,200 Speaker 1: the prior month. However, pending home sales declined eight tenths 62 00:03:03,200 --> 00:03:05,560 Speaker 1: percent year over year. The Midwest led the way in 63 00:03:05,639 --> 00:03:08,280 Speaker 1: monthly gains from February, followed by the South and West. 64 00:03:08,520 --> 00:03:11,720 Speaker 1: Pending home sales declined in the Northeast last month. Today, 65 00:03:11,760 --> 00:03:14,000 Speaker 1: your lunch for dinner is set with a quick trip 66 00:03:14,040 --> 00:03:16,760 Speaker 1: to the market for ground beef and tomato based sauce, 67 00:03:16,840 --> 00:03:17,760 Speaker 1: three tennis with more. 68 00:03:17,919 --> 00:03:22,120 Speaker 2: Today's national day requires napkins as its national Sloppy Joe Day, 69 00:03:22,360 --> 00:03:24,680 Speaker 2: named after the guy who created it back in the 70 00:03:24,680 --> 00:03:27,520 Speaker 2: thirties in Sioux City, Iowa. Although there are claims that 71 00:03:27,600 --> 00:03:31,120 Speaker 2: originated in Cuba, just don't tell anyone in Iowa about that. 72 00:03:31,440 --> 00:03:34,000 Speaker 2: The humble loosemeat dish is all American and was even 73 00:03:34,040 --> 00:03:37,400 Speaker 2: referenced in the film's Citizen Kane And It's a Wonderful life. 74 00:03:37,520 --> 00:03:40,440 Speaker 2: But make no mistake, it's not a burger, It's a sandwich, 75 00:03:40,600 --> 00:03:42,600 Speaker 2: and we eat about twenty million a year. 76 00:03:42,840 --> 00:03:45,920 Speaker 1: Customs agents working at the Texas border found thirty nine 77 00:03:46,040 --> 00:03:49,160 Speaker 1: live pythons hidden inside the cab of an eighteen wheeler 78 00:03:49,200 --> 00:03:51,640 Speaker 1: that was crossing from Laredo in New Mexico. They were 79 00:03:51,680 --> 00:03:54,680 Speaker 1: individually wrapped in little bags with a store's logo on 80 00:03:54,720 --> 00:03:57,200 Speaker 1: the outside. The snakes were handed over to fish and 81 00:03:57,240 --> 00:04:00,440 Speaker 1: wildlife agents. The driver had his big rig seas and 82 00:04:00,480 --> 00:04:03,560 Speaker 1: he faces more than thirty thousand dollars for export violations. 83 00:04:03,760 --> 00:04:04,600 Speaker 1: I'm Chris Kraju.