Era of everything must go, everything including the mall itself. Mark strassmann reports our cover story. Reporter all across america, shopping malls are dying. All of a sudden the consumer now has every single retail store a key tab away. Reporter why would you get in your car and drive to the mall when you can reach in your pocket . Thats the point. Reporter but we met one entrepreneur who says he has a recipe for the future, reinventing the american mall ahead on sunday morning. The color of money in this country is a little on the drab side, not at all like bills you can find in wallets elsewhere. Rita braver has an accounting. Reporter america got a new 100 bill recently, but compared to the colorful and Creative Designs of other countries, our money can seem downright dull. Doesnt the u. S. Have a little bit of currency envy . Absolutely not. Reporter later on sunday morning, well show you the money. Its all in the wrist is a popular saying and the watch word of a whole new gener
Era of everything must go, everything including the mall itself. Mark strassmann reports our cover story. Reporter all across america, shopping malls are dying. All of a sudden the consumer now has every single retail store a key tab away. Reporter why would you get in your car and drive to the mall when you can reach in your pocket . Thats the point. Reporter but we met one entrepreneur who says he has a recipe for the future, reinventing the american mall ahead on sunday morning. The color of money in this country is a little on the drab side, not at all like bills you can find in wallets elsewhere. Rita braver has an accounting. Reporter america got a new 100 bill recently, but compared to the colorful and Creative Designs of other countries, our money can seem downright dull. Doesnt the u. S. Have a little bit of currency envy . Absolutely not. Reporter later on sunday morning, well show you the money. Its all in the wrist is a popular saying and the watch word of a whole new gener
Support for Economic Growth and job creation. The u. S. Economy continues to be hampered by the lingering effects of the financial crisis on its productive potential and by a number of headwinds that hindered cyclical adjustment of the economy. The Federal Reserve is doing its part by providing accommodative Monetary Policy to promote a Stronger Economic recovery in the context of price stability. As i said before, while Monetary Policy can help to support economic recovery, it is by no means a panacea for our economic ills. Uncertainties about the situation in europe and the prospects for federal fiscal policy seemed to be weighing on the spending decisions of households and businesses as well as on financial conditions. Such uncertainties will only be increased by a delay. In contrast, cooperation and creativity to deliver fiscal clarity, in particular a plan for resolving the nations longerterm budgetary issues without harming the recovery, could help make the new year a very good o
Some Electrical Equipment has been damaged. Two of the citys three hydro electric power stations are shut down. Any more disruptions could affect the power supply to San Francisco. Take a look at a map showing you how close the fire is burning to the reservoir. The concern is that ash could taint the water. The state of emergency frees up state resources and federal money. Here are the latest numbers nearly 126,000 acre have burned which means the fire doubled in the past 24 hours end in it now the 20th biggest fire in Northern California history. The rim fire stands at 5 containment tonight, so that did improve. More than 2,600 are working to gain control of the blaze. Jodi hernandez joins us live where you attended an Emotional Community meeting this evening. Reporter emotions are so high. Residents have frustrated, scared, and worried. The rim fire has been burning for more than a week. Many residents have been evacuated from their homes for days. Tonight they had a chance to talk t