angeles where a possible pipe bomb was found at manual arts high school in los angeles. it s home to about 2,000 students and staff. they all had to be evacuated to an athletic field while a bomb squad is inside working to remove the item. there s year-roung classes. we re going to keep our eye on that developing situation while the bomb squad is inside trying to figure out exactly what s going on there in southern los angeles. president obama today held a conference call with members of his economic team including tim geithner and economic adviser larry somerers. the white house says the team provided an update on the next steps to keep the economy growing including assistance to small businesses and extension of tax cuts to the middle lass. it followed a second straight day of unexpectedly grim numbers on home tales, more fuel over what is already a fiery debate heading into the november midterm elections. just today the news that new home sales in july dropped 12.4%, worse