ROMANS: I'm Christine Romans. Let's get an EARLY START on your money. European stocks down right now. Growing concerns Greece will default on its debts. U.S. stock futures are lower too. Time Warner Cable shares are surging right now on news of a $55 billion deal with Charter Communications. Now Charter is the third biggest cable provider in the country. Time Warner Cable is the second largest provider. That means one in six households affected by the deal so watch that space today. If your child just graduated, the most affordable place for apartment rental is in St. Louis. New grads can afford almost 20 percent of rental units there. The median rent is $870. Dallas is number two followed by Houston, Atlanta and Phoenix. Which cities should new grads avoid if you don't have pocket change for rent? Portland came in last place for affordable rent.</s>BERMAN: I like how you warned parents of college grads. If you said you just finished paying tuition and now you have to pay their rent so this is where it's cheap.</s>ROMANS: Make sure they can get a job some place they can afford the rent.</s>BERMAN: Looking out for parents. Serious breaking news overnight, deadly storms hitting Texas and Oklahoma. Houston this morning is flooded. We spoke to an emergency official who told people to stay home. "NEW DAY" picks it up right now.
Charter to Announce Time Warner Cable Acquisition.