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Transcripts For CNNW CNN Newsroom 20111201

where are things happening today? hong kong, share prices there up more than 5.5%. we won t be going to for a away from the story on the markets. also today, world aids today. the world is marking 30 years since hiv was discovered. leaders, researchers and activists are pushing a very big goal ending aids forever. president obama today announced a $50 million boost in funding for hiv prevention and treatment in america. and also a goal of helping 6 million people access life saving treatments worldwide. much more on this in our face time segments moments from now. 160 million americans may not have to face a tax hike next month after all. republicans in congress now seem to be on-board an extension of the payroll tax break due to expire at year s end but they still disagree with democrats and the white house on the size of that break and exactly how it will be offset. all year long anybody who draws a paycheck has seen only 4.2% taken out for social security. that s versu

Transcripts For CNNW CNN Newsroom 20110818

and toothpicks, and then some people saying i don t want to try the cake because my mouth will get hurt. that s what is going on. this is something that we have been seeing over the last few weeks. is this really any different than the turmoil we have been witnessing? i think ali is spot on. you think back to just before the huge selloff and volatility last week, we had our own numbers that showed we had almost no growth. we have a new manufacturing number today, a regional manufacturing number that really hit investors hard. some analysts say it s a reliable number because it s a fresher number. this number is about manufacturing in august. the index was actually at one of the low points, and the drop was what analysts call stunning and saying it never has been this low without leading to a recession. when you hear things like that, especially with manufacturing considered one of the engines of growth in this country, that s also why you see investors sell at this point.

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