this or is it esop? man, what is going on? you never send a mouse to do a hampster's job. that's what asop or esop said. all right, that does it for this edition of 360. "early start" begins now. have a great day. a record day on wall street. stocks went soaring after a shocker from the fed. what this means for you and new reaction for the markets overnight. you're going to be happy. > . >> killed 12 people and wounded several others. >> raw emotion from the mother of the washington navy yard gunman, as new details emerge this morning about a response team that might have saved lives. it was turned away even as the attack was happening. chemical weapons denial,

russia blasting the united nations showing sarin gas was used in syria. could the white house deal with russia to solve the russian crisis now be in jeopardy? we have live with new details on that. >> good morning, everybody. welcome to "early start." i'm john berman. >> i'm zoraida sambolin. it is 5:00 a.m. in the east. >> 5:00 a.m. in the east, that's right! 5:00 a.m. do you know where your 401(k) is? we start this morning with the big question that could have a huge impact on your wallet. what on earth is going on with the stock market? they are soaring! stocks setting record highs on news that the federal reserve doesn't changing its stimulus program, not now at least. a few markets to go before the markets open in the u.s., everyone wants to know what will happen today? only one person on earth who can answer that question for us and she is here at this table, christine romans. what is going on? >> she is super excited.

>> i've lost my voice. called one of the biggest fake-outs. ben bernanke told the markets he was not ready to pull the switch on cutting that $85 and support the federal reserve has been giving the economy every month. investors shocked and as soon as they regained their senses only one thing on their mind, buying. the buying continues this morning. stock futures are sharply higher and stocks around the world rally. a global rally. ben bernanke gave his reasoning yesterday afternoon. a key line of the fed's press release says it all. the tightening of financial conditions observed in recent months if sustained could slow the pace of the improvement in the economy and labor market. the fed will keep the juice flowing. mortgage rates have been rising and the other thing fiscal battle in washington raising the

debt ceiling and avoiding a government shutdown. all of this bernanke thought it was better to wait and don't take the train wheels off the economy just yet. new record on the dows and s&p and all closed sharply higher. so far this month, the dow has gained 867 points. the september surge they call t it. the dow is up 20% for the month and nasdaq 25%. can you see why i can't speak? 12%. goldman sacks doesn't to have an announcement until december's meeting. the bernanke taper caper continues. gold up sharply. interest rates this morning down sharply. for you, the mortgage, you want to refinance a mortgage, i think we are going to have maybe lower mortgage rates in the very near term or at least we have a lid on them here. 4.57% i think a 30-year fixed mortgage percentage. we were worried the fed would taper and shoot up the mortgage

rates and not happen overnight. >> overseas market? >> higher across the board. gold and metals and commodities rallying like crazy and stocks around the world up sharply. record highs for stocks. check your 401(k). it's safe to look. >> you came in saying at some point, you pay the piper? >> but we are not paying the piper today. someday you have to but the money isn't free. all of the money coming into the system it's moving your 401(k) higher. at some point, bernanke has to undo that but the economy is not ready for it yet. >> news so big it's literally taken christine romans's voice away. thank you for being with us. >> you're welcome. the growing stalemate in washington over government spending as christine just mentioned. both sides have 11 days to keep the federal government operating and pass a plan. the current issue is the fight over obamacare. house republicans will only approve a spending plan the rest

of the year, if it defunds the health care overhaul. the government says no way. >> should be no conversation shutting the government down. that's not the goal here. our goal here is to cut spending and to protect the american people from obamacare. it's as simple as that. >> you can't be held hostage. you can't have someone put a gun tour head and say we're going to do horrible, ridiculous things unless you give into to us. we are not defunding obamacare and not renegotiating on the debt ceiling. >> you heard it. the debt ceiling deadline is mid wocket. not increasing it means the nation cannot pay off the debts it has already racked up. >> distant look like it's going to end well. president obama tries to continue his public focus on the economy today meeting with a committee on boosting international trade. ibm and lockheed martin are a part of this committee. latest on the shooting at the washington navy yard.

new information about the shooter and how long it will take to reopen the site of so much carnage. here is pamela brown. >> reporter: as investigators sift through the evidence in the navy yard killings, navy officials say damage inside building 197 is so stensive, it may take weeks to repair and reopen it. one official is saying there is blood everywhere. there is damage everywhere. the mother of the gunman apologizing wednesday to the families of the victims. >> i don't know why he did what he did and i'll never be able to ask him why. aaron is now in a place where he can no longer do harm to anyone and, for that, i am glad. to the families of the victims, i am so, so very sorry that this has happened. my heart is broken. >> reporter: investigators still don't know why. law enforcement sources say nothing points to a specific motivate for the rampage. even after the seizure of aaron

alexis computer and other possessions and interviews with the social contacts for clues. yet odd details are emerging. a federal law enforcement force sells cnn that alexis made edge ichs into his gun. they read better off this way and my elf weapon. investigators don't know what the sayings are supposed to mean. though questions remain about whether the rampage could have been prevented. navy official in rhode island never passed along police reports about alexis erratic behavior claiming he was hearing voices. >> where there are gaps, we will close them. where there are inadequacies, we will address them, and where there are failures, we will correct them. we owe the victims, their families and all of our people nothing less. >> reporter: new details have emerged suggesting authorities might have been able to contain the gunman more quickly. a government official tells cnn when the first radio call came

in about a shooting at the navy yard, highly trained tactical capital police officers attempting to help stop the rampage were told by a watch commander to stand down. the capital police chief has ordered an independent fact review of their response and the critical first moments after the shooting was reported. pamela brown, cnn, washington. chicago area they are trying to dry out this morning age sudden and very severe flooding last night. you've been tweeting about this. water levels rising across the city. some havoc on the dan ryan expressway which is one of chicago's most traveled roads and killing a man who was working on the sewer on the city's north side and swept away in a sudden rush of water. >> what is going over there, indra? >> yesterday was the warm front from the same system that did kick through the area. but today we are actually watching the cold front making its way through overnight as it

progresses eastward. with that even more rain is possible. keep in mind, though, a couple of things going on. a warm front did go through and it rained but the temperatures warmed up. the temperatures well above normal into the midwest. 90s out there. st. louis looking for 91 degrees today. love this line. you're going to see the cold front in perfect motion here. cold front brings in cold air. right? look at the cool air once this rain does kick through overnight tonight and how much it will drop those temperatures from above normal back down to below normal so looks like st. louis down to 76 tomorrow. when you have a big contrast like that you talk about the threat for severe weather. today in the same region pretty much going all the way down through about wichita. we are talking about the threat even potential here for an isolated tornado but, yes, strong winds and strong thunderstorms even hail throughout the area. after that, we are going to watch the exact same cold front make its way to the east and bring rain to the northeast by the weekend. but don't worry. we are not there yet.

it's our last week of summer. high pressure is in place and temperatures, they are going up for a couple more days. but it looks like on the cold air or the rain? which one? >> the last week of summer! >> that is a good one. our last day of summer? rain. >> oh! >> just for you guys. >> we are going to gain an hour of sleep? >> that is huge! >> november 3rd, i think? we will check that for you. thank you. 10 minutes past the hour. health care spending expected to jump next year and it predicts americans will spend 6% more in 2014 as health reform kicks in. historically health care spending goes up about 4% a year any way but don't just put the blame on the health care overhaul. the report says an aging population and improving economy are also playing a role. labor department says same-sex marriage couples must have the same access to health

care benefits as other legally married people even if their home states do not recognize their union. the obama administration says the term spouse and marriage in a key law should be based on where the couple was married, not where they live. berman, are you looking for a job? >> this sounds good, right? >> it really does. listen to this one. it may interest you. it's high pay. seems like a pretty easy job but a little bit of a catch. nasa is looking for volunteers willing to lie in bed for 70 days! i'm just going to let that sit there for a while. how does that sound? lying in bed for 70 days. they are going to pay you 18,000 to do that but you can't get up. you can read books and play on the computer and watch tv but you have to stay on that bed lying down. the purpose of the study is research the effects of long-term space flight. the kind when you are strapped in for weeks. they want to see how the human body reacts to that. i'm loving this. it's a guaranteed eight hours of sleep. you are awake for 16 hours.

there's no carpooling. there is no cooking. there no -- >> no showering? it seems like you would get rank foul fairly quickly. >> i read about this. they say you do get to get up a little bit because you have to do some testing. it's very minimal. they did mention showering. another thing folks were asking, conjugal gist visits. i don't think those are allowed. >> where are you online? >> i just read they were exploring the benefits of this. >> while you're hanging out in bed. no carpooling, no cooking! sounded good to me. >> you are way too into this. >> you know? >> 12 minutes after the hour now. coming up, changing gears here. dozens dead and thousands stranded. some major storms and flooding to tell you about. we will give you the hardest hit

areas ahead. budding heads with the obama administration, russia blasting the u.n.'s weapons report. phil black is live in moscow. that is coming up right after the break. der this: when the storms are this powerful, the batteries had better be powerful, too. introducing duracell quantum. only duracell quantum has a hi-density core. and that means more fuel, more power, more performance than the next leading brand. so, whether you're out on the front lines or you're back home, now you have the power. new duracell quantum. trusted everywhere. mayo? corn dogs? you are so outta here! aah! [ female announcer ] the complete balanced nutrition of great-tasting ensure. 24 vitamins and minerals, antioxidants, and 9 grams of protein. [ bottle ] ensure®. nutrition in charge™. she took an early spring break thanks to her double miles

from the capital one venture card. now what was mrs. davis teaching? spelling. that's not a subject, right? i mean, spell check. that's a program. algebra. okay. persons a and b are flying to the bahamas. how fast will they get there? don't you need distance, rate and... no, all it takes is double miles. [ all ] whoa. yeah. [ male announcer ] get away fast with unlimited double miles from the capital one venture card. you're the world's best teacher. this is so unexpected. what's in your wallet? this is so unexpected. uh-oguess what day it is!is?? huh...anybody? julie! hey...guess what day it is?? ah come on, i know you can hear me. mike mike mike mike mike... what day is it mike? ha ha ha ha ha ha! leslie, guess what today is? it's hump day. whoot whoot! ronny, how happy are folks who save hundreds of dollars switching to geico? i'd say happier than a camel on wednesday. hump day!!! yay!! get happy. get geico. fifteen minutes could save you fifteen percent or more. this is the creamy chicken corn chowder. i mean, look at it. so indulgent.

did i tell you i am on the... [ both ] chicken pot pie diet! me too! [ male announcer ] so indulgent, you'll never believe they're light. 100-calorie progresso light soups.

welcome back to "early start." russia is make ago new claim who was responsible for the deadly chemical weapons attack in syria. a u.n. report gives indications the assad regime may have been behind it but russia says that is wrong and it has evidence pointing the fingers at the rebels. phil black is live in moscow this morning. what is this new evidence, phil? >> reporter: we don't know the details. it's been given by the syrian government to the russian government. they say they are translating it from arabic and they are going to present it eventually to the united nations security council. they believe it supports the

theory that the rebels have been using chemical weapons in syria. this comes after russia has strongly criticized the united nations report in the damascus incident. they say the report is flawed because it only examines that one incident and not all allegations. chemical weapons used in syria. now, the u.n. investigators say they are going back into syria perhaps as early as next week to do exactly that. >> phil, last week, we heard from russia's president vladimir putin. there was an op-ed piece in "the new york times." now we are hearing from john john mccain it's online and i believe the headline says russians deserve better than putin. what sels else is in that op-ed piece? >> reporter: john mccain joked he would like to write a piece

and proud which is a mouthpiece during the soviet union. proud today is an online tabloid little red news service and really no "the new york times" by comparison. but i guess it's a symbolism of the name that mccain has gone for. the language that he uses, as always, we are talking about russia, is pretty strong. you say it is called russians better than putin. he accuses the government of corruption in politics in business in the judicial system, as well he accuses the government of oppressing political descent and mccain tries to make the point he is not anti-russian as he is often perceived to be within the russian media and been russian politics. he wants a government believes in russian people and answers to them as well. it's going to be interesting to see what sort of reaction that generates in russia today and

notably from putin who is giving a speech hours from now. we will watch what he says about mccain and anything on syria as well. >> phil black, live in moscow, thank you. training would take place in a country near syria we are told if it is approved. death toll from the hurricane in mexico has reached 80. it has flooded out acapulco. look at the waters there. the death toll could rise higher once the authorities tally up the devastation caused by a mudslide that was 50 miles west of acapulco. at least 58 people are reported missing there. terrible. coming up, world markets. reacting. investors happy the fed is not slowing down its stimulus program, but should you be?

"money time" is coming up next. >> markets are going bonkers this morning. vietnam in 1972. [ all ] fort benning, georgia in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection and because usaa's commitment to serve military members, veterans, and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. hearty cheeseburger. creamy thai style chicken with rice. mexican-style chicken tortilla. if you think campbell's 26 new soups sound good, imagine how they taste. m'm! m'm! good! is that true? says here that cheerios has whole grain oats that can help remove some cholesterol, and that's heart healthy. ♪

[ dad ] jan? bjorn earns unlimited rewards for his small business. take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth ] why settle for less? ahh, oh! [ garth ] great businesses deserve unlimited rewards. here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in your wallet?

[ crows ] now where's the snooze button? jim, i adore the pool at your hotel.ver had to make. anna, your hotels have wondrous waffle bars. ryan, your hotels' robes are fabulous. i have twelve of them. twelve? shhhh, i'm worth it& what i'm trying to say is, it's so hard to pick just one of you, so i'm choosing all of you with hotels.com. a loyalty program that requires no loyalty. plus members can win a free night every day only at hotels.com you work. and you want to get an mba. but going back to school is hard... because you work. now, capella university offers a revolutionary new way to get your degree. it's called flexpath and it's the most direct path, leveraging what you've learned on the job and focusing on what you need to know so you can get a degree at your pace. and graduate at the speed of you. flexpath from capella university

learn more at capella.edu my turn daddy, my turn! hold it steady now. i know daddy. [ dad ] oh boy, fasten your seatbelts everybody. [ mixer whirring ] good thing we've got bounty. bounty select-a-size. it's the smaller powerful sheet, that acts like a big sheet. look! one select-a-size sheet of bounty is 50% more absorbent than a full size sheet of the leading ordinary brand. [ humming ] [ dad ] use less with the small but powerful picker upper. bounty select-a-size. and try bounty napkins. record high. do the "money time" dance. >> no way. that is a tough song. what is this? welcome back. christine romans is here. today a lot of people dancing. >> i know. i mean, look. that is the money time dance is the look at my 401(k) dance this morning. stock futures are high but not as high as earlier this morning

up 150 points earlier but still much higher now. investors adjusting a surprise shock move to put it the fed not changing the 85 million it buys in bonds every single mop month. that goes into the economy. it's not going toed it, at least right now. it has been a startling near for the markets so far. the dow is up 20% this year and nasdaq up 25% and s&p up 21%. wow. ben bernanke made clear yesterday he still is concerned about the effects of higher mortgage rates and less than optimal performance in job growth and the fed is keeping the training wheels on the economy and keep pumping that money every single month into the market for now. more signs of the higher mortgage rates are rattling the mortgage business. wells fargo said to be cutting 1,800 more jobs in its mortgage division. bloom berg news says the cuts are in addition to 30,000

earlier this month. higher mortgage rates are slowing refinances and wells fargo is the biggest employer among banks. 237,000 workers there. blackberry to lay off some of its work force and occur all over the departments and in waves. the news is not a surprise according to analysts who cited that company shopping around and looking for strategic alternatives to keep it from going belly-up. hiding millions of dollars, beanie babies. ty warner is the owner. remember in the '90s beanie babies the hottest collector toys? warner will pay a penalty of 50.5 million. another word on the market rally. gold is up this morning and interest rates down sharply around the world and global stocks and five-year highs and record for the dow and s&p, huge

market moves here. could mean cap on mortgage rates for now. may be even lower mortgage rates. yesterday when we thought the fed was going to be tapering or many thought the fed would taper the biggest risk is higher mortgage rates for all of us. they might go down a little bit. >> if you're and investor and not making money in this stock market, you're bad at it basically. >> fire your broker is what i would say. if you have exchanged traded funds and tracking the s&p 500 or plain vanilla funds in your 401(k), you are really doing great this year. >> one of those days when it's fun to keep on checking. >> it's great to have this day our top story as well. thank you, christine. appreciate it. coming up a big battle waging in congress comes to a head. could the fight over obamacare shut down the government? that is coming up next. me to prove the skeptics wrong. hi. are you karen? [ karen ] yes, i am you said in a focus group, "they just mask the smell." i'm going to ask you to find the smelliest item in your home.

here. okay. [ laughs ] very, very strong dog odor. this is febreze free. it has no perfume. wow. now it smells clean, and it doesn't have an odor. you're welcome. [ male announcer ] odor elimination without masking. the proof is in every bottle of febreze fabric refresher. breathe happy. the proof is in every bottle of febreze fabric refresher. i'm bethand i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in business because we like being creative, we like interacting with people. so you have time to focus on the things you love. ink from chase. so you can. okay, who helps you focus on your recovery? yo, yo, yo. aflac. wow. [ under his breath ] that was horrible.

pays you cash when you're sick or hurt? [ japanese accent ] aflac. love it. [ under his breath ] hate it. helps you focus on getting back to normal? [ as a southern belle ] aflac. [ as a cowboy ] aflac. [ sassily ] aflac. uh huh. [ under his breath ] i am so fired. you're on in 5, duck. [ male announcer ] when you're sick or hurt, aflac pays you cash. find out more at aflac.com. ♪ turn around ♪ every now and then i get a little bit hungry ♪ ♪ and there's nothing really good around ♪ ♪ turn around ♪ every now and then i get a little bit tired ♪ ♪ of living off the taste of the air ♪ ♪ turn around, barry ♪ i finally found the right snack ♪ ♪ with our new, improved peanut butter chewy bars.

our goal here is to cut spending and to protect the american people from obamacare. it's as simple as that. >> you have never seen in the history of the united states the debt ceiling or the threat of not raising the debt ceiling being used to extort. >> will washington, both sides, jeopardize your job and the economic recovery just to score political points? the new twists in budget brinksmanship that might turn your stomach this morning. >> that doesn't sound good. colorado on the long, long road to recovery. rebuilding after the floods

expected to take years and cost hundreds of millions of dollars as well. we are going to show you how residents are coping while they wait. high-speed chase comes to a crashing conclusion on a south florida highway. the drama does not end there. >> nope. welcome back to "early start." i'm zoraida sambolin. >> i'm john berman. great to see you. 31 minutes after the hour. this morning,

with the spark miles card from capital one,

bjorn earns unlimited rewards for his small business. take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth ] why settle for less? ahh, oh! [ garth ] great businesses deserve unlimited rewards. here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day.

what's in your wallet? [ crows ] now where's the snooze button? like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend? no. [ male announcer ] share more. save more. at&t mobile share for business. ♪ see who does good work and compare costs. it doesn't usually work that way with health care. but with unitedhealthcare, i get information on quality rated doctors, treatment options and estimates for how much i'll pay. that helps me, and my guys, make better decisions. i don't like guesses with my business, and definitely not with our health. innovations that work for you.

that's health in numbers. unitedhealthcare. [ female announcer ] only aveeno daily moisturizing lotion has an active naturals oat formula that creates a moisture reserve so skin can replenish itself. aveeno® naturally beautiful results. it's not a candy bar. 130 calories

7 grams of protein the fiber one caramel nut protein bar. the entire thing was caught on camera. police say this man killed two inside a home and the other was a daughter.

then the man took off lead to go a high-speed chase that ended with an awful, awful crash. the driver of the other car, that's just awful. an innocent driver, the driver of the other car is dead. the man survived the crash initially and was giving the police trouble. >> a group of deputies approached the vehicle and they immediately retreated. we believe that was from a gunshot. eventually the s.w.a.t. operators entered the vehicle. the driver of the vehicle was deceived it appeared to be from a gunshot wound. >> authorities there not saying if the gunshot wound was self-inflicted. they are still trying to piece together what was behind this horrible chain of events. just awful. our heart goes out to the people who were affected. take a look what is coming up. chris and kate join us. >> hope you're having a good

morning, so far. >> we stay on the washington navy yard story. we have the details about what was etched in the shooter's rifle. what did that wind unfortunate impacting in the situation. we will attack a larger question after the event which is the clearance this man had and the clearance that is given in general and whether or not these rumors about audits and changes and risks to security are real. we are going to bring in an admiral and ask him questions whether this was wrong and if it were, what could be done to correct the situation. >> we are watching a very different story. about "wheel of fortune." why are we talking about this? imagine being this close to winning a million dollars or at least putting that in your little money bank while you're playing the game. then losing it all because of no

other reason other than a slight mispronoun misp mispronunciati mispronunciation. was the show being unfair or just following the rules? >> you can't mispronounce anything? >> if that happened to me, i would not be on tv. that's my job. >> i didn't even mispronounce. i called you the entirely wrong name the other day. >> but that's okay. because i know where your heart is. >> thank you, doug berman. coming up, the pressure is on for tiger woods. 10 million and one reason that he will want to be at his best today in the pga tournament. that is next in the bleacher report. so trusted... so clinically proven dermatologists recommend it twice as much as any other brand? neutrogena®.

recommended by dermatologists 2 times more than any other brand. now that's beautiful. neutrogena®. ♪ neutrogena®. always go the extra mile. to treat my low testosterone, i did my research. my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these symptoms to your doctor. tell your doctor about all medical conditions and medications. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs.

common side effects include skin redness or irritation where applied, increased red blood cell count, headache, diarrhea, vomiting, and increase in psa. ask your doctor about the only underarm low t treatment, axiron. vo:remember to changew that oil is the it on schedule toy car. keep your car healthy. show your car a little love with an oil change starting at $19.95.

so this weekend, golf will crown a championship for the

between season. the winner's prize? a cool $10 million. >> a lot of catch. andy shoals joins us now with the bleacher report. >> big bucks are on the line this weekend for the 30 golfers competing in this year's tour championship. five players can win the fedex cup title and $10 million prize by winning this weekend's tournament in atlanta and those five are tiger woods and adam scott and matt kuchar. among others. tiger is hoping to bring home the award for the first time since 2009. >> having a year where they think that we are deserving of the player of the year, that's pretty special. i've had my years over the course of my career and hopefully this will be another one. >> the tournament begins this this morning at 11:40 eastern

and tiger is the last to tee off and starts at 2:00 this afternoon. huge trade in the nfl yesterday and this was absolute blockbuster. the cleveland browns sent running back trent richardson to the indianapolis colts for a first round pick in next year's draft. browns fans, they are not very happy about this one. they drafted richardson third overall just last year. now they have to start over once again! the colts, meanwhile, have a combination of richardson at quarterback and andrew luck to build on for a very long time. week three of the nfl season kicks off tonight with andy reid's highly anticipated return to philadelphia after coaching the eagles 13 years. he returns to philly tonight as the head coach of the kansas city chiefs. you expect reid to get a pretty big