Growing trend, ibm and time warner plan to move their employees to insurance exchanges, the Companies Save money but is it good for former workers . All that and more tonight on nightly Business Report for monday, september 9th. Good evening everybody, im tyler matheson. The markets kicked off this week higher, sending the dow back up to the 15,000 mark once again, following the strong Economic Growth out of china, and easing worries about an imminent u. S. Military strike against syria, and well talk more about those developments in syria in just a moment. With all ten s p sectors closing today, the dow shot up 140 points, its biggest one day gain in nearly two months, the nasdaq was up, seeing strong gains in the s p 500, which added 16. The crisis in syria took an unexpected turn today as congress came back after a recess, the Syrian Government responded positively to a russian proposal for the assad regime to turn over the chemical weapons, which would destroy them. The white house
Growth that we could be doing in the near term . A number of times now in the past, we have given to congress our estimate of congress our estimate of the set options for spurring the economy in the shortterm. As the fiscal policy options, does that put money in the hands of people most likely to spend it. So increasing the aid the unemployed has been very high on the list in terms of the bang for the buck, so providing additional refundable tax credits to the lower income households reducing the payroll taxes. Those things are more effective in spurring growth in the short term under the current Economic Conditions than the Government Spending increases or tax cuts focused on people who are likely to save rather than spend a larger part of the extra money the end up with. At some point you can only buy one so far you cant buy 100 sofas come is that the theory . Those are some big houses, congressman. But people tend to spend a smaller share. Let me ask on the Unemployment Benefits bec
All about the cyber fraud industry. Identity theft expert, Robert Sissel lawn know and former director of the nsa, come layton. Thanks for joining us. Robert. Let me start with you. What is disturbing about the scandal if all true and as reported, is that this is a new wrinkle. It is not identity theft. It is really selling your information so predators can come in and boiler room style try to take advantage of you. Yeah. This does remind me of the movie, boiler room, where they get sucker lists and call people with fake investment scams. Over time they bait and, bait them and switch out the opportunity for a scamming investment and the potential victim loses. That may be the case here too. Melissa yeah, colonel layton, what do you think about that . Well i agree with robert. There are a lot of issues, melissa, where you really talk somebodys identity in a case like this and do all kinds of things. For example, what you can do is find out exactly how much they have in their bank accoun
Of course, he didnt keep any of those promises as it turned out and what about the pesky nsa story . You cant keep this promise to the American People, if you like the last few weeks, has it been as i said a comedians dream . They said that about everything. Its always a comedians dream. Thats what we do, we work hard and that the our job. Its not crazier than a month ago. The republicans were on the the hot seat and washington is always a comedians dream. Thats why i got into this business. Is it any worse than its always been . In reality, youve covered this for so long. What do you think . The country in general is on a decline. I do. As british, you probably understand that. Yeah, i think i remember 20 years ago, the first issue is are people getting stupider . They were then and still are. I cant imagine how stupid they must have gotten. Its sure hard if youre a politician, not that im really that sympathetic to them to try to get information into peoples heads. I dont think obama
Well begin, what do we know about what happened today . Reporter passengers say it was a normal day at the airport when suddenly they heard very, very loud popping, one man said it sound the like it must have been from a large gun. Many saw spark s and started running. There was the beat of calm and then absolute chaos, sheer terror as people were trying to flee this terminal. What happened afterwards is that after this gunman was taken down by the police, passengers here were completely stuck and it was gridlock. You can see, piers, there is still people walking up and down the streets trying to figure out how to get to the next destination. And in terms of actually what he did, we now know she shot dead one tsa officer. We think he wounded a second tsa officer, a third person was also wounded. We believe and others may have suffered minor injuries in the stampede to get away. Is that the correct position . That is absolutely correct, because when i went to the hospital, one of the ho