Between our two ownries. President obama meets facetoface with cuban leader raul castro, this first time in 88 years a sitting u. S. President has visited cuba. Steve a big step but big differences still exist, Sharon Crowley is getting reaction from the cuban community. Reporter the cubanamerican community is big here. We talked to people, find out what they thought about this historic meeting, others said they are cautiously optimistic. Some cubanamericans in the restaurant told me they are happy, relations between cuba and the u. S. Are changing. Petition changing [ speaking in spanish ] cuba will be good. Ben benito lived in cuba for 64 years, and pleased to see president obama and president raul castro meeting there today had. He said it is good for the two countries to prospering it. Reporter did you think this day would come . He never thought this this time would come, that the government of cuba is tough. Reporter president obama and president castro held a joint news conferen
Equal. Here are the numbers for thursday. The Dow Jones Industrial average rose 217 points. It finished at 17,141. Nasdaq notched an 87point gain. And the s p 500 was 29 points higher. As for that iffy Economic Data the Labor Department said its index of Consumer Prices fell a seasonally adjusted. 2 in september. Its not much, but its the biggest drop in eight months, and it leaves inflation well below the Central Banks 2 target. Now, the reason for the decline is primarily because of falling gasoline prices. And it is that drop in gasoline prices that caused millions of Older Americans to get some bad news. The federal government today made it official, that Social Security beneficiaries will not get an annual raise in benefits next year. Prices arent rising enough to justify one. And as Social Security benefits remain flat, nearly 1 3 of medicare recipients could be paying a lot more for their monthly premiums. Hampton pearson has the story. Reporter there will be no cost of living i
Equal. Here are the numbers for thursday. The Dow Jones Industrial average rose 217 points. It finished at 17,141. Nasdaq notched an 87point gain. And the s p 500 was 29 points higher. As for that iffy Economic Data the Labor Department said its index of Consumer Prices fell a seasonally adjusted. 2 in september. Its not much, but its the biggest drop in eight months, and it leaves inflation well below the Central Banks 2 target. Now, the reason for the decline is primarily because of falling gasoline prices. And it is that drop in gasoline prices that caused millions of Older Americans to get some bad news. The federal government today made it official, that Social Security beneficiaries will not get an annual raise in benefits next year. Prices arent rising enough to justify one. And as Social Security benefits remain flat, nearly 1 3 of medicare recipients could be paying a lot more for their monthly premiums. Hampton pearson has the story. Reporter there will be no cost of living i
For stocks, all other news being equal. Here are the numbers for thursday. The Dow Jones Industrial average rose 217 points. It finished at 17,141. Nasdaq notched an 87point gain. And the s p 500 was 29 points higher. As for that iffy Economic Data the Labor Department said its index of Consumer Prices fell a seasonally adjusted. 2 in september. Its not much, but its the biggest drop in eight months, and it leaves inflation well below the Central Banks 2 target. Now, the reason for the decline is primarily because of falling gasoline prices. And it is that drop in gasoline prices that caused millions of Older Americans to get some bad news. The federal government today made it official, that Social Security beneficiaries will not get an annual raise in benefits next year. Prices arent rising enough to justify one. And as Social Security benefits remain flat, nearly 1 3 of medicare recipients could be paying a lot more for their monthly premiums. Hampton pearson has the story. Reporter
This morning. So, Phil Mattingly is here which makes me so lucky. All the way from washington, d. C. , survived the blizzard thing. Wrote to have you. Start with the bulletin. The top business stories shares of apple surging, up almost 8 after it reported a recordsetting 18 billion profit in the last quarter. Give credit to the new, bigger iphone. The company sold 75 million of them in three months. Yahoo is rising as well. The Internet Company plans a taxfree spinoff of its entire stake in alibaba. Investors had pushed Ceo Marissa Mayer to return cash to shareholders and to find ways to cut taxes. It sounds like investors cannot get enough of the burgers and shakes. Shake shack is increasing the amount it might raise in an ipo to 95 million, adding value at about 675 million. The shake shack i feel is expected to ipo is expected to price tomorrow. New england is digging out of the blizzard that dont two feet of snow that dont two feet of snow on boston. The Transit System is up and ru