Ncht this is nightly Business Report with Tyler Mathisen and sue herera. I consider it appropriate to the committee to proceed cautiously in adjusting policy. The chair has the floor. The Federal Reserve janet yellen in major speech tells investors and her feds colleagues to chill the hot talk about higher Interest Rates. Controlling the pain. The white house out lines new initiatives and new money to fight the growing epidemic of Prescription Drug abuse. Tax tips. Whether youre a newlywed or just retired, your finances are changing and so will your annual return to uncle sam. All that and more tonight on nightly Business Report for tuesday, march 29th. Good evening. Welcome. The chair of the Federal Reserve meant what she said. The central bank will move carefully and cautiously when determining when to raise Interest Rates. Janet yellen cited a weak Global Economy. The dow gained 90 points. The highest close of the year. The nasdaq added 79 and the s p 500 rose 17. Miss yellens tone
The Nations Health care system at a crossroads. The twists and turns of the obamacare rollout are leaving concerned consumers to wonder what happens now and what will january 1st bring . Can the law with repealed be repealed . How can we clean up the mess created by obamacare . With more on this, Health Strategy associates and paul howard, a scholar at the manhattan institute. Lets just look at how in this law has laid waste in this country. Five Million People with no coverage, now the president and state insurance commissioners, regulators making law on the fly as they go. How can we clean up this mess . Well, look, the president s created a tremendous mess. Thai been working on this for three years. Theres no easy way to clean up the mess. You can start by looking at how the law is being implemented and say, look, lets delay key pieces of the law for a year, give people time to set up the web site, get it right, to take these huge costs off of individuals and Small Business for a wh