Targeted her husband in pittsburgh. We are in pittsburgh with the details. Well, raj, one man is dead but the man who stabbed him is not being charged with a crime. Instead, four our suspects, as you mentioned are now in Police Custody and being charged with murder. Now, yesterday morning, at the apartment complex on the 100 block of lelan road, a man broke into one of the units carrying what police say was a replica gun, the two struggled and the resident ended up stabbing and killing the intruder. Turns out the breakin was a plot designed by the wife and boyfriend, by strong arming him, they were planning to separate because of the affair she was having. They started this plot two weeks ago, she provided our suspects, our additional suspect ises wi additional suspects keys to the residence. And the plan was put in play. When three individuals, one that is dee ceased now, attempted to burglarize this location. Police have in custody, the wife, 28yearold charmaine taijeron and matt par
Dagen and connell it is yours. Dagen thank you very much. Will that topic come up this hour because the president is set to speak at the white house . Maybe he will hit republicans over the head with his reasons for raising our Borrowing Limit in this country. Connell thats expected to be the main focus. We will see. We have other big stories today, including apple. Stocks on sale getting hammered on word the company is ordering fewer iphone parts, not enough demand apparently for the iphone. Dagen lets look at that stock among others. Nicole petallides is on the floor at the New York Stock Exchange with more on apples stock. Nicole . Nicole were keeping a close eye on apple, which today broke down below 500 for the first time in 11 months. This dates back to last february where it was below 500. Here it is, though. It has recouped some of the losses. It is now at 506. 80. You talked about the fact that they had to cut their orders for screens and components and such for the iphone 5.
Melissa happy valentines day, im melissa francis. We planned the wardrobe all week for you this afternoon. Were not supposed to tell them that. Thank you for joining us on markets now, and wall street is wonders where is the love . Lower despite two major deals. Whats pressuring stocks . A fascinating look at ceo confidence, pwcs u. S. Chairman is standing by. Right now, he has his annual ceo survey. It might surprise you. Calling senates bluff on spending. Lou dobbs weighs in. News on the stranded carnal cruise ship. The clock cannot turn fast enough. Those poor people. I agree. Up to speed on the markets, back to the floor, annie coal and nicole, another sideways day. Dow down six points, not far off the unchanged line for all three major averages. The nasdaq and s p squeeze out gains, the dow slightly to the downside. S p, as we talked about yesterday, right, broader average, and the dow just has 30. It moves the archings more. One thing the traders talked about from the minute i wa
Korea focused. Yeah exactly this Interest Rate cut by south korea has been are quite a surprise today experts thought that this would most likely happen later this year we are learning that Interest Rates will be lowered from 1. 75 to a level of only 1. 5 percent this is the 1st time this is happening for since 3 years that the south Korean Central Bank is making a decision like that and it said that they have to decide to do so in order to help the economy to recover a little bit of growth expectations have been declining there and also the inflation rate is lower than expected it is believed that to g. D. P. Growth of south korea will be only effort of a level of 2. 2 percent this will be the slowest growth in the country since more than a decade and south korea is just like germany every export oriented country while this is happening the Monetary Fund the i. M. F. Has one of global trade is slowing it is urging countries to avoid further conflicts and weve got a very interesting st
Bank of korea said he lowered to the key Interest Rate by a quarter percentage point to 1. 50 the decision came amid a brewing trade conflict with japan over its colonial past on the Korean Peninsula tokyo has put curbs on certain materials that south korean High Tech Companies need to produce smartphones and t. V. Sets. And its also far from plain sailing in japan figures just out show export struck 6. 8 percent in june analyst attribute of the poor figures to disrupt disruption caused by global trade conflicts a slowdown in chinas growth and low Business Confidence the latest sluggish export figures have prompted speculation that the bank of japan could be preparing to introduce new stimulus measures at the end of the month. And its certainly not just japan and south korea that are dealing with economic turbulence the International Monetary fund has just released a report warning that the economic crunch late between the United States and china is curbing trade globally. This years e