Cameras are rolling when a teenager falls prey to this thief. He stripped him of his gold chain and bracelet by a crook who carries out his devious plan. We are live in little havana. Reporter pretty scary incident. Tonight outside slam academy in little havana. Somebody targeted this teenager for his jewelry. Investigators tell us that teen was threatened with a gun. Several surveillance camer captured the crime as it was happening. Surveillance video captures three kids crossing the street about 6 15 wednesday evening. Youll see a man in a white jacket running after them. He assaults one of t boys and by now hes already ripped a gold chain off the students neck and now hes demanding the bracelet. He rips it right off the boys wri. I was scared. Yeah, first i thought it was a friend, but then i noticed it was a robbery and i got scared. Reporter thats moises on the right running away. Theyre all students at slam academy. Police have been hooklooking for that suuect for the past 48 hou
Any Federal Reserve chairman in the postwar period, or at least one of the best about 2 average inflation. So we have worked on both sides of the mandate, and were trying to achieve a stronger economy for everybody. Reporter and for now, at least, markets believe bernanke can keep his inflationfighting streak alive. That is something that is worth pointing out to the critics that say the fed is creating all sorts of inflation pressures. For the moment, there is no evidence of that. He was in very firm territory in making that point. Reporter bernanke was firm in making another point. He called on congress and the president to replace the immediate sequester spending cuts with a more gradual reduction in the deficit. But it doesnt appear anyone in washington is ready to take his advice. Darren gersh, nbr, washington. Tom michael farr is the president of Wealth Management firm farr, miller and washington. He joins us from washington, d. C. Tom lots going on in that building behind you, m
Strategy, but bernanke offered a Strong Defense for the program thats aimed at keeping Interest Rates low. The risks, he said, were manageable. Hope the fed would continue its easy efforts to stimulate the economy had u. S. Markets seeing green. The dow gained 116, the nasdaq is up 13, and the s p rose nine. Washington bureau chief darren gersh has details on the fed chairmans Strong Defense of his aggressive policy to support the economy. Reporter sure, there are risks when the Federal Reserve is buying almost 3 billion worth of bonds every day. But chairman ben bernanke told congress basically, we got this. Although a long period of low rates could encourage excessive risk taking, and continued close attention to such developments is certainly warranted, to this point, we do not see potential costs to the increased risk taking in some Financial Markets is outweighing the benefits of promoting a Stronger Economic recovery and more rapid job creation. Reporter with unemployment stuck a
Any Federal Reserve chairman in the postwar period, or at least one of the best about 2 average inflation. So we have worked on both sides of the mandate, and were trying to achieve a stronger economy for everybody. Reporter and for now, at least, markets believe bernanke can keep his inflationfighting streak alive. That is something that is worth pointing out to the critics that say the fed is creating all sorts of inflation pressures. For the moment, there is no evidence of that. He was in very firm territory in making that point. Reporter bernanke was firm in making another point. He called on congress and the president to replace the immediate sequester spending cuts with a more gradual reduction in the deficit. But it doesnt appear anyone in washington is ready to take his advice. Darren gersh, nbr, washington. Tom michael farr is the president of Wealth Management firm farr, miller and washington. He joins us from washington, d. C. Tom lots going on in that building behind you, m
In recent weeks, fed officials have raised worries about the strategy, but bernanke offered a Strong Defense for the program thats aimed at keeping Interest Rates low. The risks, he said, were manageable. Hope the fed would continue its easy efforts to stimulate the economy had u. S. Markets seeing green. The dow gained 116, the nasdaq is up 13, and the s p rose nine. Washington bureau chief darren gersh has details on the fed chairmans Strong Defense of his aggressive policy to support the economy. Reporter sure, there are risks when the Federal Reserve is buying almost 3 billion worth of bonds every day. But chairman ben bernanke told congress basically, we got this. Although a long period of low rates could encourage excessive risk taking, and continued close attention to such developments is certainly warranted, to this point, we do not see potential costs to the increased risk taking in some Financial Markets is outweighing the benefits of promoting a Stronger Economic recovery an