So were told. Snowmageddon snowpocalypse, whatever, a blizzard. If you havent heard by now its coming this way and it will affect tens of millions of people. We are live at major airports with thousands of flights already canceled at this hour. A state of emergency has been declared in new jersey in new york. I havent heard if connecticut has but they should. Connecticut they have shut down the major roads, major highway transportation starting at anywhere from 7 00 to 8 00 to 9 00 p. M. This is one of the biggest preemptive moves weve seen for a storm. Obviously if it doesnt pan out there will be a lot of guffawing. But you cant take too many precautions with the wind and the ice and the potential for power outages. We have the latest on where the storm is heading and how many feet of snow you may be waking up to tomorrow depending where you are. Thats right. Were measuring it in feet not in inches this time around. This one apparently is the real deal. So well keep you updated on all
Know, the holy grail of i. T. Used to be four ts which still allows you time to update your systems, take them down if you need to, but you cant take down a water pump to update or patch the latest, you cant take down the water pump thats feeding the washington area, so it makes it very hard to align the needs of i. T. And opt t. , and that creates o. T. And that creates gaps that people looking to create nuisance can exploit. In the nearterm, mediumterm, the first thing is that nist met your name in report, Matt Skolnick to come up with a definition in a good way, yes. Any to come up with a dolby the definition for this government. The reports go to the president and recommendations have to be at the president ial level and actionable for the president. Its not going to be director private sector. It would what can the government do in certain areas. The first one was that nist should find for the u. S. Government what iot is. Its likely to be probably the last definition but least a
Ask, positive at this do it, do not take money out of retirement accounts. Gerri get a bigger home without moving an inch. How do you do that . Home improvement expert tom cite letter is here. Airlines try sneaky way to charge more money. Some say it is downright dishonest. Well expose it. All that coming up on the willis report, where consumers are our business. Tonight is the president turning his back on the middle class . Mounting evidence like rising jobless claims and stagnant wages flying in the face of obamas rosy comments on the economy. In fact majority of americans say Government Policies are not helping their bottom lines. So will obamas middle class economics push morerpeople out of the middle class . Were asking peter morici, economist and professor at university of Maryland Smith School of business and republican strategist Brad Blakeman who served as Deputy Assistant to president george w. Bush. Welcome to you both. I will start with you, peter. Big jobs report out tomo
We are in for eric and stephanie and they will be back with you tomorrow morning. We have breaking news coming up on housing. Lets get to julie hyman who was in the newsroom. Julie the pending home sales for the month this shows some progress for the housing recovery, especially after we did not have a strong number. Again we were estimating that 1 gain and that was the average of the economist we surveyed. The advance in february with about 3. 1 percent, so it doesnt really slow down from february but it had a worse than estimated number. Remember in terms of Economic Data this morning, this adding to the gdp figure that we got earlier that showed only a 2. 10 a point to gain in the First Quarter. Revision downward and coming in worse than economists had predicted. It seems a most economists are looking forward at the balance of the year and this pending home sales might give them a little more optimism. Back to you guys. Matt thank you. Time for the bulletin and the top business stor
We will get justice for freddie gray. Believe you me, we will get justice. Were going to Work Together. If, with the nation watching three black women at three Different Levels cant get justice and healing for this community, you tell me where we are going to get it. Olivia anger is spreading beyond baltimore. Marchers in philadelphia clashed with officers. Some protesters tried to break through a line police set up near highway. Police say there were two arrests. Elon musk reveals his latest enterprise and makes sweeping predictions. He unveiled his powerwall batteries designed for homes and businesses. Solar panels and service a backup during outages. He stresses his plans could lead to pollutionfree Energy Production. We want to show people this is possible that that is the future we could have. Where the curve slowly rolls over and goes to zero. That is the future we need to have. And that is something and the path of talked about the solar panels and the batteries, that is the onl