We have a lot of news to cover in the next hour. We have everything from big money and politics, big fines for people who try to smuggle big money in to bart. We are going to go in depth. What is next . What can lead you to prevent another strike . How is the public reacting to all of this. Specifically what will we do . Operators who walked out on more than a dozen seniors. Bryan webb tells us if it werent for a concerned neighbor, the situation could have been much worse. Bryan, theate chris crosses a care facility shut down for two days still filled with patients but hardly any staff. It upsets me. This woman who lives nearby asked him to hide her identity after complaining about the for 20 years. She said the past few days have been the worst, so she called for help. The staff isnt over there, whats going on. Reporter when authorities arrived, they found 14 patients inside including amputees, the bedridden and mentally impaired with only two workers caring for them, a janitor and a
Suggests growth has picked up after slowing in the winter because of weather conditions. Labor market indicators are mixed but showed employment showed improvement. Unemployment remains elevated. Household spending appears to be writing quickly rising quickly. Recovery in housing remains slow. With appropriate policy accommodation, Economic Activity will expand at a moderate pace and labor Market Conditions will improve gradually. Isk inmmittee sees the r the economy and the labor market is nearly balance. With regard to forward guidance, no changes in the statement. Viewed reaffirming its that a highly accommodative stance of Monetary Policy remains appropriate. The same language with regard to what could happen to Interest Rates over the long term. It is likely to maintain the current target range for the federal funds rate after the Asset Program ends. Longerterm Inflation Expectations remain well anchored. Vote was unanimous, even kosher lakota even kocherlakota was on board. Modes
Five. Reporter terrible. Terrible. The stock is terrible. The car was around this. The sales were a disaster. Today, s p downgraded it and get the ratings with an elegant. The liquidity of the company was inadequate. It is horrendous. Ron johnson obvious a target figure something out. Liz speaking of retailers, we are getting set for earnings from the gap, store seeing some green end results. Very interested to see this on because the stock is down 56 however, old navy, banana republic. Some high hopes. Liz david i dont mean to focus on the negative, it looks like a takeover target by somebody like facebook. Reporter all right. So lowered their guidance. You concede that. 24 percent verso. So the clothes or what. A big fumble here. Three of the major indices. Doubt, nasdaq, and s p are now interritory after languishing. There were charging to the upside. David brief. Liz at teensy bit for the russell. Thank you for that. Has been quite an interesting day. The headline will read that th
surprise visit to afghanistan. he was greeted by the u.s. commander general john allen and the u.s. ambassador to afghanistan at least for now ryan crocker. in a news conference, he spoke about the progress he sees with the war. complete the transition. complete the effort of giving operational capability to the afghans and continue the drawdown towards the end of 2014 and then the effort to develop any presence beyond 2014. secretary panetta saying the united states is losing its patience with pakistan. this comes a day after he said u.s. drone strikes will continue in that country. attorney general eric holder set to testify today for the house judiciary committee about operation fast & furious. this after increased pressure from house republicans who say holder has not been forthcoming with the information. as you may know, fast & furious was supposed to track guns from the united states back to mexican drug cartels. instead, many of those weapons got lost and at least
cuts. sound familiar? yep, it s the second time this week. what is the white house doing about the chaos inity cou its court? we ll tell you. you want to be loaded? at one sports arena, last call for alcohol depends on how much you paid for your seat or your suite. fox & friends starts right now. so the more you pay for your seat, the more you can drink? yes. and the ladies can drink. so if usual in the bleachers, you won t be a belcher. cut off in the fourth quarter so you cut off in fourth quarter so for those in suites you could be drinking until 2:00 in morning. that s part of the jay-z imprint on the new nets. we re going to be debating that coming up very soon. in the meantime, some headlines for you. we start with a fox news alert. overnight, u.s. defense secretary leon panetta making a surprise visit to afghanistan. he was greeted by the u.s. commander general john allen and the u.s. ambassador to afghanistan at least for now ryan crocker. in a news confe