spending and that s because trat decisional path to prosperity is still strewn with debris from the last storm. the big one, the recession. your job and the wage you bring home is the single most important way to build wealth. but despite net job growth for two straight years, job creation seems to be slowing down. earnings for middle income americans fell some 7% in the past decade. and then there rinare investmen. that is complicated in this volatile market. for those of you looking for a safe harbor by investing in fixed income or parking money in the shelter of a bank, you re getting nothing. even our virtually nonexistent inflation is higher than what you re earning. you are being penalized for not taking risks. ironically, owning your home may be the one vehicle to personal we will thaj shows some signs of brightness. home price maze have hit bottom and finally bouncing back. if that s the case, then now is the best time to buy a home or refinance a loan. interest rates
good evening, everyone. i m erin burnett. outfront tonight, facebook not making many friends this evening because just a few hours ago, facebook came out with its first earnings report as a big public company. and it did do about what people thought. revenue was up 32% from a year ago. that may sound good but the problem is facebook s shares are taking a big hit. you remember, this is a company that was second biggest stock market launch ever. today facebook shares closed at 26 a share. $26 a share. you see that black diamond-looking ski slope. it s falling even after the market closed tonight. down about 30% from where it went public. this obviously has hurt a lot of people who struggled to try to get shares of this ipo. why are people so nervous? there s one word and it s money. during tonight s conference call with investors, mark zuckerberg, the ceo of facebook, made it clear that making money from advertising is a top priority. we know that social ads perform much be
games. the olympic torch has finished its final leg on the river thames. next time you ll see its flames it ll be tonight. the big london secret though, the opening ceremony and, better yet, piers morgan is not going to be missing the event. he is on his home turf for goodness sake. lots of secrecy about the opening ceremonies. i know you ve got your sources, my friend. probably family members. clue us in. reporter: i ve been sneaking around. i ve been putting my nose in everywhere it shouldn t be trying to get any information. it s going to be pretty spectacular. probably my favorite detail is they re going to recreate a british countryside scene using real animals, country animals, so pigs, sheep, cows, you name it. they re all going to be in there with muhammed ali, bran-gelina, paul mccartney, an extraordinary mix of animals and people. sounds like the beautiful setting of your wedding. i remember the pictures of the two of you walking through the beautiful field.
we ll share that with you. in the meantime, good morning, welcome to early start. happy friday. we had some crazy weather here in new york overnight. maybe some tornadoes upstate. we ll have the latest in just a few minutes. plus dr. conrad murray is reaching out to the late king of pop s mother now. you ll find out why coming up. but first, we ll talk about politics and mitt romney s rocky start in london. this was a trip intended to charm the brits, to show off romney s statesmanship and raise some cash along the way. plus he s facing some tough headlines across the pond. one in the sun this morning said mitt the twit. romney s been forced to explain a rogue comment by someone claiming to be an adviser, that he questioned security and british enthusiasm for the 2012 summer games which officially begin in a few hours. romney and also first lady michelle obama will both be on hand when the olympic torch is lit tonight. the first lady is leading the presidential delegati
it is scary in the end. stay tuned. we ll tell you exactly what s going op. good morning. welcome to early start. i m john berman. i m zoraida sambolin. 5:00 a.m. in the east. coming one a man who says he has been cured of hiv. dr. sanjay gupta talked to him. you ll hear about that later this hour. really remarkable. plus, brett favre couldn t stay retired after all. he s back in football taking a job you might not expect. we ll tell you all about it. stay tuned. you need to watch before he retires again. i think it s kind of exciting, actually. i wanted to ask you about that. we ll chat about it. first the latest presidential poll numbers are out this morning. they reveal president obama s ahead of mitt romney by six points. the brand-new nbc news/ wall street journal poll shows obama at 49% to romney s 43%. that s a three percentage point increase from just last month. cnn s political director mark preston joins us now from washington, d.c. nice to have you with