Missouri storm threat after deadly weekend twisters
Storms headed toward tornado ravaged Missouri and Arkansas after a weekend of killer twisters. The National Weather Service warned of hail the southwest Missouri, potential funnel clouds, and heavy rain as rescue teams salvage in Picher Oklahoma. Eight of the 23 US deaths occurred in vehicles, prompting safety guidance to seek sturdy shelter and avoid overpasses. FEMA officials arrived in Missouri and Oklahoma to assess federal aid needs.
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Alabama
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Florida wildfires scorch acreage and homes along coast
Dozens of Palm Bay and Malabar homes burned as wildfires stretched across 3 500 acres in Brevard County. The 34 mile I 95 stretch and part of US 1 were closed while 18 Palm Bay schools shut down. Governor Crist declared a state of emergency and arson is suspected in Malabar. An 800 acre blaze near Daytona Beach led to evacuations for about 500 homes with no reported structures damaged.
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Bernanke says market turmoil easing but not normal yet
Fed Chair Ben Bernanke told a Sea Island conference that turmoil in financial markets has eased somewhat since March but remains far from normal. He cited improvements in mortgage backed securities, fixed rate mortgages, and corporate debt, plus boosted confidence from emergency Fed loans to investment firms.
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