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Good evening. Im elaine quijano. Winter is still over a month away, but hundreds of cold records are about to be shattered. A new blast of argument tick air is defending from the great lakes to the gulf coast. It could be the coldest day on record in minneapolis and chicago. Some 250 Million People could be affected. Temperatures could be up to 30 degrees below normal. Cbs news climate and weather contributor Jeff Berardelli is here with more on the big chill. Jeff, this sounds serious. For this early in the season, its exceptional cold, nearly unprecedented and dangerous cold. Now the core of the coldest air is going to be in the upper midwest. We could break 350 records this week alone monday through thursday. This happens tomorrow. On tuesday, it moves across the great lakes all the way down to the gulf coast, and then encompasses basically the whole eastern part of the c ....
Im in charleston, the biggest city in the state of south carolina, in the americas south. Today, its sunny and picturesque, but charlestons prosperity was built on the back of the slave trade. Nearly half of all of americas slaves arrived at its port. Behind me is a slave market where they were bought and sold. The struggle for freedom and justice has been long and bloody. One of the most iconic fighters was Martin Luther king, the civil rights activist. My guest is his daughter, bernice king. Thank you. You are ceo of the king centre in atlanta, georgia. Like your late father, Martin Luther king, you are a church minister, you also preach his message of coexistence. When you look around the world today, including the United States, do you see coexistence between different peoples . You certainly see it in in various places ....
U. S. Stocks. Three major averages all trading lower near session lows. These losses are somewhat modest, but importantly for the dow and s p 500, todays declines have put these two indexes on pace for monthly declines. For the dow, the first since january. S p 500, the first since february. We have a few hours left. One pressure on stocks today is certainly oil. Oil absolutely plunging after department of energy data earlier today showed surprise the old. Threetime expectation to 2. 3 million barrels. We can see that fund. A correlation between stocks and crude. Nejra we just got some news. It was not good. Abigail were looking at deere and monsanto. Seeking to block become this purchase of monsantos Precision Planting equipment business. This is why not both of these shares. Sticking with agriculture, we take a look at the grain complex, we see big losses on the month for corn, wheat, soybeans, and cotton all lower. Sinceis ....
Of england governor. That is right. Michael lewis, the author of liars poker, the big short does a book review of mervyn kings new book. In the process, he talks about what a great professor he was because he was his teacher, but he also talks about this one plan that mervyn king comes up with that would really help the Banking System in his view by simplifying what gets bailed out, what doesnt and protects banks and in a much simpler way, kind of seemst of so simple, hard to believe that people are not already talking about it. Arol it is not like he wrote book about pay, this is what it is like to be the head of the bank of england but he wrote something useful to avoid another financial crisis. Mervyn king says anybody can write a book about how they save the world and what he wanted to do was talk about what he had learned and possible solutions, so one of the things he talks about is separating the boring parts of the bank, a ....