Point this year. But Stanley Fisher made it clear that the path ahead will be anything but smo and st. Louis fed president James Bullard also warned of potential volatility. But this time in the equity markets as the Federal Reserve gets ready to raise its benchmark Interest Rate. The temper tantrum in the summer of 2013 was all about markets being surprised that the fed was going to pull back on qe sooner than it thought. There was a mismatch between what markets thought and what the fed thought. And we do have some potential for that today. Steve liesman has more on vice chair fishers speech today in new york and the road ahead for rates. Reporter Federal Reserve vice chairman Stanley Fisher said the fed will likely hike Interest Rates this year but gave no clue as to what month, if he said it was june or september or some date in between or some date after, that essentially the increase will be from a fund rate to a low funds rate. Heres how he put it. When we raise the Interest Rate as we probably will do one d from 0 to 25 , from zero to 25 to 25 to 50 basis points to an extremely expansionary monetary policy. Reporter as to what conditions the fed will look for when deciding to raise Interest Rates, theyre looking for further improvement in the labor market and confidence that inflation is heading back to the 2 target. Fisher was also asked about Exchange Rates and the strengths of the dollar. And he said as far as he could tell the fed has looked and it does not appear to be currency manipulation. What is not acceptable is manipulating Exchange Rates, purely Exchange Rates, trying to use that as the sole means of generating growth. That has not happened as far as we can tell in our partner. F countries. Reporter in the agreement signed by the United States countries agreed to follow policies and not do it on the back of lower Exchange Rates. Policies in europe do not violate that agreement. Fisher sees lower growth this quarter but also sees the u. S. Economy moving to the maximum rate of unemployment which the fed lowered recently to 5. 1 . As that Unemployment Rate drops, the odds of a fed rate increase will be on the rise. For nightly Business Report, im steve liesman. More on the economy, started with a rise in existing home sales. It will end later this week with a fresh read on Economic Growth. As hampton peerson reports, the Federal Reserve will pay close this week policymakers will get the latest economic snapshot on housing, inflation, the strength of manufacturing and Business Investment and another round of revisions in Overall Economic growth. Today the National Association of realtors said existing home sales rose just over 1 in february. The forecast for new home sales out tomorrow predicts a 4 decline. And the purchase of durable goods, big ticket items including aircraft orders and new cars is a key barometer on business inv but leading economists say it is the inflation data and the Consumer Price index that will be most closely watched by the fed. Everything from falling prices at the Grocery Store now are offsetting a slight uptick in prices at the pump. Although theyve since come down. We get out of our groceries and what we spend at the pump. Reporter continuing volatility in the currency market. Another headache for policy makers when looking at Economic Growth and inflation. Weve had a major move up in the dollar. The dollar is a very strong dollar at this stage of the game. Thats in our strength relative to the rest of the world. It is also undermining us and the fed to some extent. Reporter when this weeks Economic Data is all in fed watchers and economists say they expect patience, if not caution from monetary policyma for nightly Business Report, im Hampton Pearson in washington. Stocks took a breather today after a big week of gains. The Dow Jones Industrial average fell 11 points to 18,116. The nasdaq saw a 15point pullback but remained above the key 5,000 level. And the s p 500 dropped a little bit more and in the treasury market the yield on the benchmark 10year remains below 2 . Now to the european economy, and European CentralBank President mario drawingy said today the ecb will buy public and private debt until it is convinced inflation has normalized. It comes amid reports greece to could run out of money next let me disagree with you about almost about everything first of all, are we blackmailing greece . Well its a bit of a reach when you look at the exposure that we have with greece. Ecb has 104 billion of exposure to greece. This is equal to 65 of greek gdp. If the highest exposure in the eurozone so its a what sort of blackmail is this. Its up to you to judge. He spoke today at the european parliament. While draghi took questions on greece they discussed the debt deal and tried to hammer out the issues that still divide the two nations. A report from berlin. Reporter after the relations between greece and germany probably have hit the lowest point since the second world war, it was about time that both parties came together. Coming here for the first time to berlin as Angela Merkel invited him. Both discussed two main areas. And the biggest area was, of course the bilateral relations, which are not going too well. Both parties insist that they want to improve the bilateral relations between the nations, and also that it doesnt really have that they talk a lot about each other and not really talk together. So that actually the area which actually sounded best from that press conference when it comes to really hard facts is still missing a sense of reality from him, because hes not really saying anything concrete about structural reform. A lot of nice words, a lot of common sense, and probably also a little bit of warmer atmosphere between both parties, but still, no sense of reality from his country that its at risk to be bankrupt as soon as midap to oil now, where saudi arabia is Standing Firm on its decision to maintain production levels saying it would consider cutting output only if nonopec producers also do so. The settlement of west texas crude today at 88 cents higher 47. 45 was the finish there. Brent climbed about 1 . As investors wonder where prices are headed some of the biggest names are discussing that topic at the annual Energy Conference in new reporter the main theme at the conference today, Institutional Investors talking about all the cash that theyve raised to invest in the energy sector. That is now sitting on the sidelines. The issue is figuring out the timing in the Energy Industry to get this money allocated and working in the marketplace. The expectations have been for a shortterm price drop say in the next two months or so and then to see prices rebound in the back half of the year. In fact thats what most companies are saying. Second half of the year i think looks a little more robust on the pricing front. But sure near term i think were going to see some pressure. Reporter but many investors wondering if the timeline that the energy ceos are setting out for a price rebound should actually be pushed, because schlumberger came out talking about production declines not really occurring in a significant way in the United States until 2016 indicating we could see flat production to the en meantime we know that Energy Companies are cutting their cap spending. Theyre also taking rigs offline. As one investor said to me, it appears theyre taking the buicks offline and holding on to their mercedes who are still produc the uncertainty in the oil market is rippling into other sectors. Today Railroad OperatorKansas City Southern cut its full year revenue outlook and issued weak guidance for the current quarter, citing slow growth in the Energy Industry. And that sent shares lower by 8 . And pressured other stocks in the sector as well. Morgan brennan has more. Reporter shares of Kansas City Southern went off the tracks after the company cut Earnings Guidance for 2015. The culprit . Energy. As lower oil and Natural Gas Prices weigh on results in a analysts say the announcement confirms what investors have worried about for months that the downturn in energy would pressure railroad earnings. The reason other rail stocks fell. There probably are some uncertainties where the growth is going to come from this year from a volume perspective, particularly with some of the weakness in the energy space. I think theres a view that maybe cap x might get cut a bit outside the energy space. I think thats part of the reason youre seeing a bit of a disruption in the early going of 2015. Reporter Kansas City Southern now expects crude Oil Shipments to grow more slowly this year and revenue from frac sand and metal pipes used in onshore drilling to weigh on First Quarter results, due to a, quote, significant decline in new Drilling Operations in the lower fuel surcharges which have helped lower expenses are also cutting into Revenue Growth cheaper natural gas is creating a demand for coal. Still, Analysts Expect growing u. S. Economy to offset the weakness. The Transportation Industry wi do well because these are really gdp po fussed companies. That being said overweight Energy Exposure is something we would be a little concerned about. You see it to a some extent with a few of the names in the Railroad Space and also see it to some extent within the marine transportation space. So those would be areas we would be a little bit cautious on. Reporter just dont expect the same rate of growth the group posted in 2014. For nightly Business Report, im still ahead, americas retirement crisis. Just how bad is it. The startling numbers, and what if anything can be done to make sure you have the money you need for your golden ye a multibillion dollar joint venture in the medical world tops our market focus tonight. The hospital chain Tenet Health Care will create the nations largest operator of outpatient surgery centers. The deal a little more than 2. 5 billion. It gives tenet the option to buy United Surgical over five year humana plans to sell its con sen tra urgent care unit for about 1 billion. Humana will use some of the proceeds of the sale to fund its 2 billion share buyback, and fund other growth projects. Shares of humana off a fraction today. They finished 182. 10. Shares of Biotech Company unogen announced a deal for anticancer therapies. The deal could be worth nearly half a billi. The stock was up almost 17 today, to 8. 69. Shares of gillyad sciences were lower after the Company Issued an alert saying several patients taking its hepatitis c drug developed abnormally slow heartbeats. One of the patients died. It was one of the biggest drags on the nasdaq, off 2 to 120. Pepsi said fisher brings deep knowledge of financial matters and expertise in International Trade and regu. Fisher stepped down from his position at the fed last thursday. Pepsi shares up a fraction to 95. Thinking about moving in retirement . Theres a new study out from bank rate ranking the best and worst states to spend your retirement years. The report looked at things like the cost of living crime rates, weather, health care quality, and taxes. Here we go. Wyoming took the top spot. Followed by colorado utah idaho, and my home state virginia. The worst states for retirees are arkansas, new york alaska, west virginia, and lou. But does it really matter where you live if you cant afford to retire . Nearly half of americans have no retirement savings, and the median amount in a 401 k plan today, 18,433. So how do you get people to save more . Carolyn mcclanahan is the director of Financial Planning at her own firm life planner partners. Welcome. Its nice to have you here carolyn. Thank you, sue. Im happy to be here. You know why do people not save enough for retirement . I know some people simply cant because their income level may be low. But for those who make a decent amount of money, or average salary why are we not saving more . Well to me there are two reasons. The first is people are used to guaranteed pensions. And when you have something guaranteed and then all of a sudden they just gradually took it away and put 401 k s in place, the public didnt get the memo on that one. And they didnt understand 401 k s so they didnt put money away. The second reason is yeah we see often, people live for now. Behaviorally they want to enjoy the present because they dont know about their future. And so they just think everythings going to be okay and they dont put money away. I would add a third thing, and that would be the sluggish Income Growth in this country. Its very hard for people as their cost of living goes up in many parts of the country to put money aside to save. Thats why the balances are so low, right . Oh youre exactly right. The 401 k system to me is a failure. And it doesnt take into account that people just dont have enough income that they can put aside, that they can sustain the lifestyle they have now in the future for 30 years. I mean we werent meant to retire for 30 years. A lot of people say dont even consider retiring until you have saved 1 million in either assets or in cash. But what would that 1 million get you on an annualized basis . Well you know theyve done studies in the past on how long your money will last. Theres a rule of thumb called the 4 rule, and thats been a little squishy. So if you based it on the 4 rule you get 40,000 a year to live on. For a lot of people thats not enough. You called 401 k s a failure . That is a strong statement, carolyn. Compared with what . And what would the alternative have been . Americas built on the idea were supposed to be able to take care of ourselves. America was built on Corporate Pensions. And we had good Corporate Pensions for many years. Social security was supposed to pick up the hole for the very poor and it was meant to be a stop gap for the very poor not meant to be your total retirement income. So people were forced into 401 k s without any training of how to invest that money. And how to create income streams for themselves in retirement. And thats why its a failure. Should we be allowed to save more though those of us who can save . Should they up the limit of what you can put away so that people can kind of catch up . Well the problem you get into is the people who are able to save a lot of them are already doing that. You can increase the limits on how much people put in 401 k s, but in reality, that helps the wealthy that can already save more. So theyre going to get a bigger tax break. I dont know if thats a good thing. Think about it. If we took away the tax break from retirement systems, we could probably use some of that money to beef up Social Security so many people didnt have to live in poverty. All right. Ca. We appreciate it. Thank you. As the country adapts to the wave of newly insured patients under the Affordable Care act, there have been growing concerns about the shortage changes in Health Care Law also driving a rise in the popularity of whats known as pulsars medicine here in the u. S. Reporter dave stays on the go. Running a company that helps Small Businesses manage their social media presence. Literally, every minute is booked from morning until night. I use my calendar to track every sink will thing that i do. I really tang advantage of every minute. Repor busy ceo doesnt like to waste time especially when it comes to his health. You go to the doctor every six months you wait in an office you get seen by one of a dozen or two dozen doctors who happen to work at that office and have you for the day. You wait in the waiting room. Then you wait in the doctors office. Then you wait for billing. It takes a long long time. Reporter hes one of a growing number of consumers who wants to see a doctor on demand. So he hired dr. Ken redcross. Hes a concierges doctor a primary care physician who offers a greater degree of personalized attention than a traditional doctor for a fee. Youve got a busy executive, cant get out, thinks he has to work 25 hours a day. What am i going to do if im sick and down . Well here comes me. Reporter there are more than 4,000 concierges doctors in the United States today, according to the American Academy of private and that number is only expected to grow in this era of health care reform. As more americans seek alternatives to the way doctors deliver care. Concierges doctors charge a retainer that can range from 1,500 to several thousand dollars a year. That gives the patient 24 7 access by mobile phone, email or text. And the ability to make appointments some doctors write out prescriptions and may have them delivered to your home and some may even make house calls, or office calls. It really runs the gamut. Sometimes the patients call for a pesky cold cough symptoms that havent gone away. Am i having an issue with my heart . Am i having an issue with my lungs . Patients also call because they have diabetes and they havent had a followup. Ill set up a way to get blood draws at their office. Reporter he pays a 2,500 retainer. Comes to my office comes to my house, waits for me waits until im done with a meeting and i can see him just like that. Reporter he says the Concierge Services are worth the cost. For his own health, and the health of his co just the time saved alone ends up being worth it because i can use that time to make money with our business. Reporter for nightly Business Report, im sharon epperson. Coming up imagine starting your car, not with a key, but with your eyes. New technology that could prevent your vehicle from getting into the wrong hands. Heres a look at what to watch tomorrow as Hampton Pearson mentioned earlier in the broadcast. The Consumer Price index for february comes out tomorrow inflation always a key data point for the Federal Reserve. Home sales expected to fall as bad weather kept prospective buyers away. And Congress Begins voting on its fiscal 2016 budget resolution. That is what to watch tomorrow. Well that didnt take long. We told you last week about starbucks Controversial Initiative at generating dialogue about race relations. They will end a key component of that program. They will no longer write race together on cups they give to customers in order to spark conversation. Starbucks said the move was planned and was not a reaction to the widespread criticism of the program. The company said it will continue with the other aspects of the project. The death toll from defective General Motors ignition switches has risen now by 7 to 74. Ken feinberg administering the Compensation Program said a total of 200 claims including those severely injured and hospitalized are also eligible for compensation. The Fund Receives more than 4,300 claims by the january 31st deadline. As our cars and trucks become smarter and filled with more technology theres a new device to ensure the right person is driving the right vehicle. It involves having your iris of your eyes scanned before starting up the car. Phil lebeau has more. Reporter every 45 seconds a vehicle is stolen in the u. S. Now, Iris Scanning Technology is looking to keep even more cars from being stole unfortunately, for the driver who wants to bend the rules, theres no way around it. Youre going to get in authenticate it if youre not the right guy, youre not starting that vehicle. Reporter eye locking incorporated based in new york has developed small infrared cameras and technology that scan the irises of your eyes because theyll match the iris scans you put into the car. Youll be able to start it up and drive away. The odds of a car thief or someone else having irises that match yours, 1 in several trillion. So only you or someone else already scanned into the cars memory will be the driver. It will be used to authenticate the ignition so the wrong person cant start your car and steal it. Insurance premiums can be rated on a driver by driver basis, not just when a car can is in motion. Reporter eye m is next wave of making our vehicles smarter, keeping drivers eyes on the road or in the case of trucking and delivery firms, making sure the right driver is behind the wheel. Insurance companies are interested in the possibilities. So are other industries. Eye lock is talking with jet makers about putting its technology in cockpits. And with airports about using iris scans at security checkpoints. You look at an iris camera it recognizes you, and you can move very very quickly through the airport, because you are a trusted traveler. Reporter Iris Scan Technology is not new. In fact its been around for several ye but eye lock system is ushering in a new era of auto security. Look for these types of systems to be in vehicles within the next three phil lebeau, nightly business re c the eyes have it. There you go. That will do it for nightly Business Report for tonight. Im sue herera. Thanks for watching. And im tyler mathisen. Eyes are blue. 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