Thank you again. Well this is fine you know the only solution they seem to have over and over is more money printing and the fed is at that again nonstop since 2008 really as paul says fed policies will absolutely not lead to more income inequality this is what he claimed last week while cities across america were on fire and notice that he said income inequality you know money printing does it causes asset prices to increase and tech Capital Gains to increase he didnt mention that he didnt mention the wealth gap so i did want to turn to a chart from pew and it shows the share of us aggregate wealth since 1983 to 26 teams this is what the fed has been doing this is the upper income went from having 60 percent of all wealth in america back in 1903 to 179 percent and its probably much higher even now middle income has been the huge collapse as you see down from 32 percent to 17 percent so theyre nearly cut in half well this is the latest chapter in the global insert action against banker
Our interview with both of the companys ceo later this hour. First lets check in on these markets. He turned to the green, even on the nasdaq after some strong days we have had for the last three days. Monday we had the best threeday run for stocks more broadly that we had had since november. Im going to bring you back to the benchmarks. I will get onto these individual players in a moment. We have seen bond markets rally as well as of that threeyear auction. We are also seeing crypto, keeping an ion what is happening with bitcoin. We have seen it up about 1. 25 . Now lets take it onto the some onto some of the individual movers. Earnings still coming, of course, after the bell yesterday and this morning. Disney down more than 9 . Some of the numbers were pretty strong. We are seeing a focus on bringing about profitability by bob iger. However, subscriber numbers looking to be a more cautious outlook coming from the cfo. Palantir came after the bell yesterday. Youre once again seeing s
This is the cbs evening news with scott pelley. Pelley good evening. The use of deadly force by police is once again under investigation. This time in the suburbs of st. Louis. Today the f. B. I. Entered the case of an officer in ferguson, missouri, who shot an unarmed black man to death over the weekend. That sparked rioting. Fires were set. Stores were looted. Today there were peaceful protests along with calls for answers. Dean reynolds is in ferguson. crowd chanting reporter protesters in this largely black community were demanding to know why an unarmed 18yearold who was supposed to start Technical School today wound up in the morgue instead. Enough is enough Reporter Police in riot gear stood by todays protest to guard against a repetition of what took place here overnight. Looting, burning and 32 arrests. Donald harry watched it all. Its like living in beirut. My house is under siege. Reporter Ferguson Police chief tom jackson waded into the protesters this morning and got an ea
Astronomickicle spectacular. Captioning sponsored by cbs this is the cbs evening news with scott pelley. Pelley good evening. The use of deadly force by police is once again under investigation. This time in the suburbs of st. Louis. Today the f. B. I. Entered the case of an officer in ferguson, missouri, who shot an unarmed black man to death over the weekend. That sparked rioting. Fires were set. Stores were looted. Today there were peaceful protests along with calls for answers. Dean reynolds is in ferguson. crowd chanting reporter protesters in this largely black community were demanding to know why an unarmed 18yearold who was supposed to start Technical School today wound up in the morgue instead. Enough is enough Reporter Police in riot gear stood by todays protest to guard against a repetition of what took place here overnight. Looting, burning and 32 arrests. Donald harry watched it all. Its like living in beirut. My house is under siege. Reporter Ferguson Police chief tom jac
This is our western edition. We begin tonight with breaking news in the west. The sudden death of Robin Williams. The maren county Sheriffs Office says he was found dead in his home today, apparently a suicide. Williams spokesman said he had been battling depression. He was 63 years old. John blackstone has details. Reporter it was just before noon today Emergency Responders were called to Robin Williams home across the bay from san francisco. Williams was found unconscious and not breathing, pronounced dead at the scene. While the investigation is not complete, a statement from the county Sheriffs Department says the coroner expects the death to be suicide due to asphyxia. His press representative said the comedian has been battling severe depression of late. Williams life, Susan Schneider said in a statement the world lost one of its most beloved artists and beautiful human beings. Williams rose to fame in 1978 as an alien in a tv show mork mindy. His screen rolls included good morni