Targets chief Financial Officer. The cfo will be joining us in a power lunch exclusive to give us his financial forecast. We begin now with the health of the American House housing market, and new numbers on home sales as we begin to gear up for that spring selling season. Fingers crossed it comes. Youve got dr horton and toll. All moving to the down side. Lets get to diana who is live in washington. Hi diana. Hi mandy. After a disappointing report on january sales of existing home sales of newly built homes out today a bit more heartening but you have to keep them in perspective. Take a look. January sales came in at an annualized rate of 4,1,000. Thats flat from december but december had seen a huge 11 monthly jump, and we didnt give any of that back. Thats good. The 30year average for new home sales is over 700,000 a were. We still have a long way to go. Sales of new homes priced under 150,000 are onethird of what they were a year ago. That is why luxury home builder Toll Brothers i
This victorias secret star balances it with an ad director. I am Erik Schatzker. I am flying solo today. Stephanie ruhle is off, getting a long weekend out of it. Beenobless rate has not this long since october 2 thousand eight. Once again, it is not necessarily a positive. Welcome back. Theome back to figuring out jobs report. Michael mckee is here with the highlights of this mornings data from the labor department. I hope youre not here to tell me this was a good report. I do not believe it. Were going to agree to disagree. It was not a great report but not a terrible report. I would take issue of your characterization of it as that. It is only the establishment number that came in much lower than expected. We did we did see a job and the Unemployment Rate. We see more people getting jobs, 638,000. Whether you believe that are not. A big change in the household survey. We also do not see a big weather if that in this. You have to wonder whether theres something going on in the econom
Bring the olympics to d. C. Coming up, who is behind this new effort. Good morning and welcome to news 4 midday, im barbara harrison. Parents are giving us their reaction to a new report about gunshots near their childs school. Students in certain parts of d. C. Often hear bullets fired while in class. Molette green joins us live in southeast washington. What are the parents saying . Reporter barbara, just imagine ten gunshots fired within 1,000 feet of your kids school. That was the case at bruce monroe elementary in northwest. Theres a new study that finds exposure to closerange gunshots near some schools in d. C. Is significant. When parents walk their little ones to school, for some the last thing on their minds is gunfire inside or outside a school yard. But others are more aware that it could happen. I would, because the area that i live in is kind of dangerous. Reporter and heres what parents need to know. A new urban Institute Report found a small number of d. C. Schools had a
And a big brother steps in to stop an abduction. You want beer wine and liquor but you dont want to go to the liquor store, a new app launching in dc will bring the beverage to you. Well be looking ahead to the weather this weekend. Im derek mcginty. And im jan jeffcoat. We begin tonight with new information on the baby found dead at a maryland naval air station. The childs father found the boy in his car and his 17monthold might have been there all day. The man discovered his son about 3 30 this afternoon. Emergency crews tried cpr but it was simply too late for that little boy. Ncis is investigating and our own topper shutt says the outside temperature hit the 90 occurring mark today, but depending on the circumstances the heat inside the car could have been higher than that. According to San Francisco State University a car sitting in 90 degree heat for just 10 minutes jumps up to 109 degrees inside. After an hour, it tops to 135. New information tonight about a murder in langley pa
The sob started with the first guilty verdict and grew as it melted. Found guilty including two counts of conspiracy. The decision is a major win for the United States government. This is a disappointing day for the commonwealth and its citizens. Public service frequently requires sacrifice. And when Public Officials turn to financial gain in exchange for the official acts, we have little choice, but to prosecute the case. Reporter after only three days of deliberations, the jury of seven men and five women reached a unanimous decision on the 14count indictment faster than expected. And what it says is that the jury, they absolutely rejected the heart of the defense. And that they did not believe that bob mcdonald was unaware of Johnny Williams intent, that they did not believe that the marriage was so estrange that the two, they could not conspire and that they do not believe that Bob Mcdonnell simply did nothing on behalf of Johnny Williams. Reporter the defense attorney, he represen