We are fighting barbarians. The people of israel and jewish people are strong. When the left says we need to think about these atrocities in context, they are asking you to make a moral comparison between the perpetrators of the worst atrocities we have seen in this century; right. And the people trying to stop those theyre calling for peace but there was no peace for israel before. Looks like the israeli people have reached their breaking point. Stocks are going up despite war because yields are dropping. Thats not normal. Stuart it is 11 00 a. M. Eastern time and tuesday, october 10. Smoke rising over gaza city as israels military continues to fire missiles on hamas tactors. Israel Just Announced an air strike killed two senior hamas leaders. Well continue to bring you the latest breaking news as the situation develops. Quickly check the markets, its a very modest rally, mainly because the 10year treasury yield is down. Start with stocks, the dow is up 1340, nasdaq 140, nasdaq up 100
Sunday with high temperatures in the upper 40s on saturday and the low to mid 50s on sunday. We ll be in the 60s next week. Today marks the one year since anjelica aj hadsell s disappearance. The norfolk 18 yearold was home from college on spring break when she disappeared. Her body was found months later behind a southampton county home. A year later investigators still have more questions than answers newschannel 3 s allison mechanic shows us where the case is now. Exactly one year ago today anjelica Aj Hadsell Police say the 18 year Old College Student was for spring break. At first police say they didn t think foul play was involved in her disappearance but as hours investigation became more serious. Police began combing through aj s looking for clues. 435988 aj s step father Wesley Hadsell was arrested shortly after her disappearance but for charges unrelated to her disappearance. He spoke with newschannel 3 come home. In there kid i love and miss you so does your mom and we are h
Meeting at the federal open Market Committee, Federal Reserve chairman ben bernanke talks to reporters about the fed decision to continue its Asset Purchase Program. Mr. Mackeys term as fed chairman ends in january andthis briefing is one hour. Good afternoon. The federal open Market Committee fomc concluded a twoday meeting earlier today. As you already know from our statement, the committee decided today to keep the target range for the federal funds rate at 0 to 1 4 percent and to make no change in either its Asset Purchase Program or its Forward Guidance regarding the federal funds rate target. I will discuss the rationales for our decision in a moment. Economic growth has generally been proceeding at a moderate pace, with continuedalbeit somewhat unevenimprovement in labor Market Conditions. Of course, to say that the job market has improved does not imply that Current Conditions are satisfactory. Notably, at 7. 3 percent, the Unemployment Rate remains well above acceptable levels
Why we have not anticipated the relatively slow growth. Its important to recognize that what Monetary Policy affects is not the potential rate of growth, long run. Rather, the cyclical part, the deviation of output and employment from its normal level. In predicting the amount of slack in the economy, so to speak, we have done a little better. Our predictions of unemployment, for example, have been better than our predictions of growth and, in particular, one thing has been quite striking is that unemployment we were too pessimistic on unemployment for this year. Unemployment has fallen faster than we anticipated. In that respect, we were too pessimistic rather than optimistic. We will continue to do the best we can. We are looking again to see confirmation of our broader scenario which basically is that we will continue to see progress in the labor market and growth will be sufficient to support that progress and inflation will move back toward target and thats what weve what will det