Wayne rogers and company. Connell some news on the fed from five years ago. Lets go to Nicole Petallides and the dow is up today and Nicole Petallides at Stock Exchange. Nicole good morning. We are seeing some up arrows and major averages pushing them into positive territory for the week but looking here like the dow is going tab three straight weeks of gains, 60,154 last friday. Squeezing out gains is a good way to say it. Up 1 1 4 . The tech having nasdaq doing well, also up 1 3 of 1 . We are seeing gold higher by 5 and buying across the board for retailers to drugs to banks, transports doing well, we have gone some notes out from the big houses such as jpmorgan this morning saying to buy equities, dont sit on the sidelines, lot of movers, a hewlettpackard, ala of movers here will keep a close eye as well. Connell thanks. Dagen breaking news from the Federal Reserve, central bank releasing transcripts of its meetings from the height of the financial crisis in 2008. Connell coming thr
Gerri well, if you watch the show anytime at all ive been warning about this for some time. Now it i taking a step closer to reality. Listen to this. The government wants to raid your retirement account. Thatsight. In his new budget to congress, next month, the president will propose a broad range of new tax hikes specificallyargeting people who have spent years saving for rtirement. Probably like you and me. Ric edelman, from edelman financial will be here in just a second to talk about that. But first, the white house has officially thrown in the towel on deficit reduction. The president s new budget contains more spending and more tax hikes. The center of the president s an to reduce the deficit, a cut in Social Security benefits, now gone. Here with the latest is heritage foundations romania. Great to have you here. Were talking in the show tonight how the government wants to crack down, have people save less money for retirement. My question was, what do you want to spend that on
Gerri well, if you watch the show anytime at all ive been warning about this f some time. Now it is taking a step closer to reality. List to this. The government wants to raid your retirement account. Thats right. In his new budget to congress, next month, the president wl propose a broad range of new tax hikes specifically targeting people who have spent years saving for retirement. Probably like you and me. Ric edelman, from edelman financial will be here in just a second to talk about that. But first, the white house has officially thrown in the towel on dicit reduction. The president s new budget ntains more spending and mor tax hikes. The center of the president s plan to reduce the deficit, a cut in Social Security benefits, w gone. Here with the latest is heritage foundations romania. Great to have y here. Were talking in the show tonight how the goverent wants to crack down, have people save less money for retirement. My question was, what do you want to spend that on . Now i u
Gerri well, if you watch the show anytime at all ive been warning about this for some time. Now it is taking a step closer to reality. Listen to this. The government wants to raid your retirement account. Thats right. In his new budget to congress, next month the president will propose a broad range of new tax hikes specifically targeting people who have spent years saving fo retirement. Probably like you and me. Ric edelman, from edelman financial will be here in just a second to talk about that. But first, the white house has officially thrown in the towel on defic reduction. The psidents new budget contains morepending and mor tax hikes. The center of the president s plan to reduce the deficit, a cut in Social Security benefits, now gone. Here with the latest is heritage foundations romania. Great to have you here. Were talking in the show tonight how the government wants to crack down, have people save less money for retirement. My question was, what do you want to spend that on .
Said, what i just did . I just killed people. Reporter and again, despite all of the injuries, everyone is expected to survive. The police accompanied the driver to the hospital. Theres no word if alcohol or drugs were a factor or if at this point he will face any charges. Live in san mateo, monte francis. Our weather is making headlines and it is hot for many of us and even the city feeling the heat. Warm in San Francisco means really warm in the east bay and near triple digits. And we are looking at a live picture there. Here are the results of the hot air across the bay area and up to 102 in gilroy. The hottest location was los altos and 103 in pittsburgh and the north bay coming in with 100 degrees as well and right now at 501 we are starting to see a little bit from those daytime highs which we will see across portions of the east bay and we are down to the mid90s and coming up well tell you who will reach 101 degrees in that forecast. Thanks, jeff. A san jose family tells us they