Pelley retirement accounts are taking a big hit. Today for the third time the dow suffered a tripledigit loss, 392 points, this time, or 2. 3 . Investors are worried that the chinese economy, second largest in the world, is slowing more than the Chinese Government is letting on and that the governments haphazard attempts to intervene in its markets and devalue its currency are giving the impression that it doesnt know how to manage the trouble. Our Senior National correspondent Anthony Mason is following all of this. Anthony . Report scott, it was a painful day to check your 401 k . The dow is down more than 900 points since monday, thats 500 . The catalyst once again was china. The Chinese Market shut down after less than half an hour this morning after plunging 7 . It was the second shutdown this week. Investors are worried the chinese economy is slowing. Gdp growth, which hit 12 five if chinas in trouble, that could mean trouble for the rest of the world. And with this chaos in the
Because i want one. Captioning sponsored by cbs this is the cbs evening news with scott pelley. This is the cbs evening news with scott pelley. Pelley retirement accounts are taking a big hit. Today for the third time the dow suffered a tripledigit loss, 392 points, this time, or 2. 3 . Investors are worried that the chinese economy, second largest in the world, is slowing more than the Chinese Government is letting on and that the governments haphazard attempts to intervene in its markets and devalue its currency are giving the impression that it doesnt know how to manage the trouble. Our Senior National correspondent Anthony Mason is following all of this. Anthony . Report scott, it was a painful day to check your 401 k . The dow is down more than 900 points since monday, thats 500 . The catalyst once again was china. The Chinese Market shut down after less than half an hour it was the second shutdown this week. Investors are worried the chinese economy is slowing. Gdp growth, which
Are taking a big hit. Today for the third time the dow suffered a tripledigit loss, 392 points, this time, or 2. 3 . Investors are worried that the chinese economy, second largest in the world, is slowing more than the Chinese Government is letting on and that the governments haphazard attempts to intervene in its markets and devalue its currency are giving the impression that it doesnt know how to manage the trouble. Our Senior National correspondent Anthony Mason is following all of this. Anthony . Report scott, it was a painful day to check your 401 k . The dow is down more than 900 points since monday, thats 500 . The catalyst once again was china. The Chinese Market shut down after less than half an hour this morning after plunging 7 . It was the second shutdown this week. Investors are worried the chinese economy is slowing. Gdp growth, which hit 12 five years ago, is now below 7 . Could mean trouble for the rest of the world. And with this chaos in the shanghai markets, there ar
Today, we saw new evidence that the barbarity of syrias civil war has not lessened, even a town is being starved by the dictators forces. Men, women and children are dying in slow motion as one resident put it. Heres elizabeth palmer. Reporter months of deprivation have pushed the smallest and the poorest to the very brink. A mother feeds her child with what looks like broth, but its actually water, flavored with jam. In an online appeal, a man explains, we have no food, no water and no power, and then he bursts into tears. Please, world, he says, we are dying. Activists say the most wretched are making soup with grass, and some have died of starvation. And all this just 30 miles from the capital, damascus, in fertile hill country. We traveled there in 2012 when it was still safe enough to area. Now they and more than 40,000 residents are trapped, surrounded by Syrian Government forces who have sealed off all the roads. This video, posted by activists, shows the residents begging the g
Suffered a tripledigit loss, 392 points, this time, or 2. 3 . Investors are worried that the chinese economy, second largest in the world, is slowing more than the Chinese Government is letting on and that the governments haphazard attempts to intervene in its markets and devalue its currency are giving the impression that it doesnt knowow to manage the trouble. Our Senior National correspondent Anthony Mason is following all of this. Anthony . Report scott, it was a painful day to check your 401 k . The dow is down more than 900 points since monday, thats 500 . The catalyst once again was china. The chinesese market shut down after less than half an hour this morning after plungin 7 . It was the second shutdown this week. Investors are worried the chinese economy is slowing. Gdp growth, which hit 12 five years ago, is now below 7 . If chinas in trouble, that could mean trouble for the rest and with this chaos in the shanghai markets, there are worries the chinese dont have handle on t