tuesday, march 29th. good evening. welcome. the chair of the federal reserve meant what she said. the central bank will move carefully and cautiously when determining when to raise interest rates. janet yellen cited a weak global economy. the dow gained 90 points. the highest close of the year. the nasdaq added 79 and the s&p 500 rose 17. miss yellen s tone remains in sharp contrast to other fed officials who during the past week were more upbeat on the committee and said the time is near to hike. we have more on the fed chair s cautious sign. the question is being raised has the federal reserve retreated from the rate rising regime. markets from gold to fixed income to stocks reacting that janet yellen laid out an out look for rates today. she suggested greater gradualism is warranted in raising rates and emphasized the risk from global economic weakness to the u.s. economy. developments abroad implied that meeting our objectives will likely require a somewhat lower pa
ncht this is nightly business report with tyler mathisen and sue herera. i consider it appropriate to the committee to proceed cautiously in adjusting policy. the chair has the floor. the federal reserve janet yellen in major speech tells investors and her feds colleagues to chill the hot talk about higher interest rates. controlling the pain. the white house out lines new initiatives and new money to fight the growing epidemic of prescription drug abuse. tax tips. whether you re a newlywed or just retired, your finances are changing and so will your annual return to uncle sam. all that and more tonight on nightly business report for tuesday, march 29th. good evening. welcome. the chair of the federal reserve meant what she said. the central bank will move carefully and cautiously when determining when to raise interest rates. janet yellen cited a weak global economy. the dow gained 90 points. the highest close of the year. the nasdaq added 79 and the s&p 500 rose
less than two hours before kickoff. the reason? what german officials called concrete evidence of a plan to detonate a bomb in the stadium. chancellor angela merkel and other german officials were to attend the game in hanover germany but had not yet arrived. shortly before u.s. markets closed for the day, officials said no explosive device had been found in the stadium. some market watcher ans say that selloff is evidence investors are nervous as money flowed into the safety of bonds. in paris, the hunt for suspects continues. authorities looking for one additional attacker, maybe a second as france continues a wave of strikes against the islamic state in syria with the promise of more. michelle caruso-cabrera reports tonight from paris. reporter: it is four days since is the attack on paris france and salah abdel sam is still the most wanted man in europe. the 26-year-old say french police is directly connected to the attack that occurred on friday night. he rented a
netherlands had been cancel the less than two hours before kickoff. the reason? what german officials called concrete evidence of a plan to detonate a bomb in the stadium. chancellor angela merkel and other german officials were to attend the game in hanover germany but had not yet arrived. shortly before u.s. markets closed for the day, officials said no explosive device had been found in the stadium. some market watcher ans say that selloff is evidence investors are nervous as money flowed into the safety of bonds. in paris, the hunt for suspects continues. authorities looking for one additional attacker, maybe a second as france continues a wave of strikes against the islamic state in syria with the promise of more. michelle caruso-cabrera reports tonight from paris. reporter: it is four days since is the attack on paris france and salah abdel sam is still the most wanted man in europe. the 26-year-old say french police is directly connected to the attack that occurr
targeted by that same president for selling legal pot in california. that should be really interesting. south korea what are they doing right with their educational system. is it this? the virtual teacher leaves this 16-year-old with virtually no time off. we work harder. cenk: he studies until midnight, gets up at 6:00 in the morning. that s crazy but a really interesting story. we ll talk about it a little bit later. you think our politicians fight? get a load of this. [ bell rings ] cenk: damn familiar we ll get to that and tell you where that s from. down goes susan rice. the republicans got her. also on the show, an unbelievable injustice regarding the bankers. don t miss that story. and elbow of the day brings back some justice. all right. it s go time. [ theme ] cenk: you know the fiscal cliff negotiations continue. today, john boehner walked out of congress and walked towards the white house. they are going to continue to talk about there he is, doin