Special report. Frontlinis made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporation for public broadcasting. Major support for frontliis provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant, and peaceful world. More information is available at macfound. Org. Additional support is provided by ford foundation, working with visionaries on the front lines of social change worldwide, at fordfoundation. Org. The park foundation, dedicated to heightening Public Awareness of critical issues. The john and Helen Glessner family trust, supporting trustworthy journalism that informs and inspires. And by the frontline journalism fund, with major support from jon and jo ann hagler. This is a product that was formulated for people who are under severe stress. So this is an herb that would be great for older individuals that are concerned about their memory. Narrator its estimated that half of all a
Did rise 28,000 and europe remains in another tight premarket range today. Our road map with another tough day in retail. Challenges continue at sears and best buy. Both brands declare a bare market Consumer Electronics. Apple the new weather. And internet ipo jd. Com pr e prices in the range. What it means for alibaba, the market, feature of ecommerce. Can we maintain yesterdays rally. Positive data from china but claims elevated. And one very steamed darden investor, starboard, launches a fight for the entire board of directors at darden, all of it or much boiling down to the sale of re red lobster announced last week. Best buy first up reporting better than expected operating profits of 33 cents a share in the First Quarter. Revenue and comp sales did miss. The company says it expects to see ongoing industrywide sales declines in many Consumer Electronics categories. Sears posting weaker sales, First Quarter losses came in wider than expected. The best buy story, though, is marginal
Whats causing the turmoil . A lot of it is behindthescenes action in the bond market. Something ive always told you can be a real problem for equities. Now lets jump in with our game plan to figure out whats happening with the market. Typically i start with monday. Im going 0 get to that first you need to know, next week weve got a fed meeting on wednesday. And today people put on a lot of bets that the fed is going to signal rightly or wrongly, i dont know. That the easy money is about to end. Weve had the considerable amount of time, thats a term of art, that we knew they were going to wait for before they started raising rates. Ive told you theres going to be an air pocket in the stock market. When they do and ive wanted you it to be ready for it last weeks game plan i mentioned i thought strong retail sales number could stir the fed and cause rates to rise. We got the strong retail sales number and Interest Rates spiked in anticipation of the fed changing its policy wednesday. Now
In support of higher wages to the fast food companies. President obama pushed for increase in the minimum wage yesterday. Want to hear from all of you this morning. Are you able to move up the economic ladder . Dial 202 under 30, 5853880. 50, 202 between 31 5853881 202 585388. 50, 202 585 3882. You can also post your comments on twitter or facebook. Let me show you a little bit of president obamas speech. It was from the center for american progress. [video clip] for one thing, these trends are bad for our economy. One study finds that growth is more fragile and recession is more frequent in countries with greater inequality. Hat makes sense when families have less to spend, businesses have fewer customers. Households rack up greater mortgage and credit card debt. Topentrated wealth at the will not result in broadly based Consumer Spending that drives our economy and with less regulation, it may contribute to risky speculative bubbles. Rising inequality and declining mobility are bad f
It becomes days after the senior white house advisers said the lawsuit could open the door to impea impeachment. A senators will unveil their plans to combat Sexual Assaults on campuses. This comes after 40 of colleges havent investigated a case of Sexual Assault in the last five years. Thats going to do it for way too early. Morning joe starts right now. Striking back with vengeance at hamas, israel launches one of its most severe ever. A whole neighborhood reduced to rubble. Gazas only power plant burned today, targeted by israel. Its destruction will leave 1. 8 Million People without
electricity. Tempers have now flared among allies. Secretary of state john kerry defended his efforts to broker a ceasefire after senior israeli politicians the European Union and the United States have announced tougher joint sanctions against russia. In what has become the biggest eastwest confrontation since the cold war. Russia is unwilling to recognize that ukraine can chart its own path. We have n