Been if america had not had, as it does, an oil glut. It would have been a much bigger price spike. Thats the upside, i guess, of energy independence. Now, whats happening in oil has not had a negative impact on stocks. We are still looking at a gain for the dow, what, about 90 points, up about 34 on the nasdaq. Part of the dows gain is fueled by the Big Oil Companies which do well when oil prices rise. This tanker story is a big money story. We are all over it. And theres a lot going on. We will keep you in touch with it. Elsewhere, ah, Bernie Sanders outlines his definition of democratic socialism. We will break that down for you. Not literally. The president is setting the political world on fire. He says he would accept information on political opponents from Foreign Governments. Theres a shocker. Connecticut, can you believe this, they are in dire financial straits and they are raising taxes on everything. I mean everything. Varney company is about to begin. If foreigners, if russ
The Press Conference about to get under way in Chester County, pennsylvania as the search enters its now 11th day. And this comes as Officials Say cavalcante is no longer in the phoenixville area even though he was spotted there last night after changing his appearance. You are seeing some of the latest photographs. They will present better explanations as to how they are inviting the residents of the community, passers by, anyone to help in their ongoing search more than 400 Law Enforcement officers are all part of the search. Lets listen in. Good afternoon. Joining me today is District Attorney deb ryan, chief county detective, and also rob clark from the u. S. Marshals office, and also Jamie Mulligan from the fbi, and commander andrew regan and also the director from Chester County emergency management. And there have been significant number of developments in this investigation over the past 24 hours. Earlier this morning, at approximately 12 30 a. M. , psp was made aware of a sigh
Sex act with the people. The House High School sources tell us that she was caught having sex with her 16yearold student in the classroom. The homeowners them in the act during school hours about a week ago. Valley high parents were not happy about the allegations. This parent says it is really sad because one think that their children are secure in school. If those things are happening coming, it makes you worried. Teachers i did not want to go on camera say they believe that the victim may have the iq of a fifth grader. On social media to make them posted many pictures with himself and the teacher. Weve got to protect his identity. Parents said they are disappointed. It is cooler to them about the arrest which happened more than a week ago. Parent laura diaz said this is a surprise to me because i did not hear that this happened. I think it is Better School leader did not notify us about the allegations. School said she is on paid leave. He is said to appear in court in late march if
This is the cbs evening news with scott pelley. Good evening, scott is on assignment for 60 minutes. Im parg receipt brennan. Its the eve of americas birthday and hurricane arthur is about to crash the party along much of the east coast with strong winds and heavy rain. This is a live picture of wrightsville beach, North Carolina, getting the outer bands of rain, residents today evacuated the North Carolina coast. Arthur is expected to hit or brush that area early tomorrow. Watches and warnings are posted along the coast of the carolinas and parts of the new england coast with arthur expected to head up that way tomorrow. Arthur now is a category 1 hurricane with sustained winds as high as 90 miles an hour. Its expected to grow to a category 2 in the hours ahead. We have two reports tonight, the first eric fisher, chief meteorologist wbz our cbs station in boston. Eric where is arthur headed . Well, margaret, we believe arthur is headed for landfall, winds sustained at 09 miles per hou
On its version. Delia goncalves is live on capitol hill with more on a republican effort to delay obamacare by at least one year. Good morning delia. Reporter good morning jessica. House lawmakers will be working through the weekend now proposing a second bill so the u. S. Does not default on its loans in midoctober. But heres the catch. They will only increase the debt limit if the Health Care Law is delayed by one year. Making sure perhaps republicans can still stall obamacare even if the final budget bill puts funding back in that Health Care Law. Still, texas republican ted cruz, you may remember him, that talkathon senator . Well, hes not willing to compromise objecting to an early vote in the senate yesterday in order to speed up the process before this october 1st deadline. My two colleagues who i respect have sent out emails around the world and turned this into a show possibly. And therefore they want people around the world to watch maybe them and others on the senate floor