i am really proud to be a member of partnehip for a new american economy. i want to thank my friend, mayor bloomberg, for keeping the immigration issue at the forefront. and really leading the way so our country can have an important discussion on the issue. i know tonights conversation is about immigration. but i also want to recognize mayor bloomberg for his leadership. together, we started mare's against illegal guns 26 years ago. now we have this as part of the coalition. we started a plan to reduce the toll of gun violence across the country. i am proud to stand with him on this fight. i thank him for his leadership almost on a daily basis. [applause] i also want to thank rupert murdoch for being here and sharing his views. thank you for being with us. it just gives us diversity of opinion. tonight, i am pleased to offer some brief remarks about a vitally important topic to our nation's future. boston has a proud history of immigration. our city has been a gateway for immigrants since just about the stt of our country. tens of thousands of immigrants c

welcome to the new american economy were good jobs are as hard to find as mitt romney's tax returns a new report by the center for economic and policy research finds that our economy has lost one third of its ability to create what are defined as good jobs a good job is one that pays at least thirty seven thousand thirty seven thousand dollars and offers health insurance and a retirement plan and the data shows that since one nine hundred seventy nine american workers of all education levels have lost these good jobs that includes workers with less than a high school degree and workers with more than a college degree no one is being spared in the new american economy. so why is this happening while the report concludes quote the real culprit is the systematic decline in the bargaining power of workers reflected in a drop in the minimum wage a collapse in the unionization rate in the private sector the deregulation of previously well paying industries the privatization of state and local government jobs a series of business bias trade deals a dysfunctional immigration system poor enfor

i am really proud to be a member of partnership for a new american economy. i want to thank my friend, mayor bloomberg, for keeping the immigration issue at the forefront. and really leading the way so our country can have an important discussion on the issue. i know tonights conversation is about immigration. but i also want to recognize mayor bloomberg for his leadership. together, we started mare's against illegal guns 26 years ago. now we have this as part of the coalition. we started a plan to reduce the toll of gun violence across the country. i am proud to stand with him on this fight. i thank him for his leadership almost on a daily basis. [applause] i also want to thank rupert murdoch for being here and sharing his views. thank you for being with us. it just gives us diversity of opinion. tonight, i am pleased to offer some brief remarks about a vitally important topic to our nation's future. boston has a proud history of immigration. our city has been a gateway for immigrants since just about the start of our country. tens of thousands of immigrants

economy t by 2025.allon ,hat's already being criticized favors companies that received government bailouts. a report says new federal fuel economy standards factor behind putting thousands of americans to work. campaigning from iowa, he was also talking about food. announced $170 million in t purchases to help farmers and ranchers hurt drought and directed the speed upepartment to purchases. says in helps farmers and that going to get ais better price on it now than if it were brought later. the blockbuster movie the " was box office gold. retailers hoping to take a piece the pie. that story in the next hour. now, that is business news from bloomberg headquarters in new york. ellen braitman reporting. is 73 degrees on this tuesday. >> we are learning more about the gunman behind a deadly ofmpusg near the texas a&m university. ofmpusg near the texas a&m university. ofmpusg near the texayou're on timeout leo! some things won't last 25 years. ah! woof. so things will. save up to 20% on an ikea kitchen. >> welcome back. there is an alert for residents of culpeper, virginia. officials have issued a boil advisory to customers on the south end of town due to water main break. as customers

. >>> in the meantime, the economy is the top issue in the campaign, and tom, there is big news about a major part of the american economy. evidence of a slow, but welcome turn around in the housing market after years of falling home prices. those miracle mortgage rating are help, but why are so many of them out of reach for americans? tonight, we ask here, how do every day homeowners get their hands on them? here's abc's bianna golodryga now. >> reporter: after years of renting, jorge and christine garcia saved up enough money to qualify for a mortgage and recently purchased this new jersey home, their first, for under $300,000. just four years ago, it was valued at nearly $400,000. >> it's a very typical starter home in the area. >> reporter: the garcia's real estate agent says business has been booming over the past few months, thanks in part to a surge in clients like jorge and christine. >> there's a lot of command in the starter market. >> reporter: home prices are finally on the rebound. the most drama irk turnaround has been in cities hit hardest by the crash, like phoenix, las vegas and miami. still, it'

lot of innovation going on that is driving not just northern virginia economy but driving, you know, new ideas that can help the american economies. >> kaine's republican opponent george allen is also doing a lot of campaigning in northern virginia. the most recent polls show both former governors in a dead heat. >>> a movie theater chain is on alert tonight after receiving a bomb threat. all of carmyke cinemas, 236 theaters, closed ace poli ed as search for explosives. a man left phone messages claiming bombs had been placed at several theaters. so far no explosives have been found. police have not mentioned any connection between the threat and the arrest of a 23-year-old who tried to carry a loaded pistol into a carmike cinema last night in columbus, georgia. police are taking extra precautions now in light of the deadly shooting rampage in aurora, colorado. >>> a fugitive wanted for sex crimes against girls is back in fairfax county tonight after more than a dozen years on the run. u.s. marshals helped track down wesley thomasson near a lake in central mexico. he had been living for years in an expatriate community

news washington post poll shows the presidential race in a dead heat. with many americans unsatisfied with president obama's handling of the economy. t.j. winick, abc2 news tampa. >>> isaac is gaining strength and has sights set on the gulf. >> we will have the latest on preparation coastal residents are making as they get ready to take on ice ic. >> and his -- isaac. >> his company took the heat of the stance of same sex marriage. >> and many of you will be able to follow the republican convention through a number of different platform the impact social media is having on the convention. >> i am mike masco a few construction delays and incident on route -- and an incident on route 1. we will take you to new orleans. lynette will talk about isaac and more good morning maryland coming up after this. Ñ[= >>> five things to know on this tuesday morning. president obama delivering campaign remarks today at iowa state university. meantime, his senior adviser robert gibbs along with governor o'malley will be talking this morning at a dnc counter convention. it's taking place in tampa. >>> a woman suing casey anthony for defamation is in court

karin caifa tells us....even with rising gas prices and a sluggish economy, a new survey finds americansto pack up and go. 3 --reporterrpkg-as follows -- the llst major travel holiday of the summer is expected to be a busy one. according tooa new forecast from triple-a, 33 million americans will enjoy a labor day weekend getaway at least 50 miles from home. that's an increase of two- point-nine percent over last year. they'll also spend a little bit more on their long weekends, 749 dollars on average, up from 702 in 20-11. the average trip will be about 626 miles. but about half of travelers will stay a little closer o home, between 100 and 400 miles round-trip. 2.3 million americans will travel by rail, bus and cruise ship. 2.5 million will take to the skies, thanks to a slight dip in airfares. and the overwhelming majority of travelers will go by car -- 85 percent of them, or about 28-point-two million. that's despite the recent uptick in gas prices. gasoline is stiil lower than an april peak of 3--4 per gallon, but higher than when triple-a did its labor day forecasting last august. o

despite that encouraging news, american consumers are still not feeling good about the economy. a key consumer confidence index tumbled in august, falling to its lowest level since november. the drop came on consumer concerns about the job market and the poor outlook for business conditions over the next six months. the dow lost almost 22 points, the nasdaq gained four, the p lost a point. >> tom: still ahead, mitt romney becomes the g.o.p.'s official presidential candidate as the republican national convention hits its stride. we look at business experience in the white house. >> susie: the fragile housing market is showing fresh signs of life as home prices in cities across the country rose more than expected this summer. the s&p/case shiller index of 20 u.s. cities rose nine-tenths of a percent in june. that's the fifth straight month of gains, and the second in a row where all cities in the closely-watched index showed increases. detroit, minneapolis, chicago, and atlanta recorded the biggest month-over-month gains. meanwhile, phoenix continued to bounce back from poor condi

news, california. >> now to the economy in the news today that gave us the clearest, most vivid evidence yet of what a brutal decade this has been for middle class americans who have found themselves losing ground economically. in fact, the middle class itself is shrinking. our report tonight from nbc's john yang. >> reporter: the american middle class, the historic backbone of the u.s. economy, is struggling through a lost decade, losing ground and shrinking in numbers. that's the conclusion of a new report from the pew research center, which found that in the past 10 years family incomes at all levels have declined. the first time that's happened since the end of world war ii. >> there are fewer people in the middle now than there used to be. they have a smaller share of a shrinking pie. >> reporter: not only did incomes fall but so did median wealth. what people own minus what they owe. it went from about 130,000 in 2001 to around $93,000 in 2010. who do middle class americans blame for this? in a survey 62% said congress. 54% faulted banks and financial institutions. 47% said big corporations. >> only 8% blame the middle class itself. they see this as

poll also shows the presidential race in a dead heat with many americans not satisfied with president obama's handling of the economy. abc news tampa. >> stay with abc 7 news and wjla.com for continuing coverage of the convention. look for live reports throughout the day. >> thousands of republicans gather in tampa and president obama hits the campaign trail today. he will speak in iowa state and colorado at colorado state university. wednesday he travels through charlottesville, virginia. hundreds of people waited in line on monday to get tickets to see the president. 5000 people turned out to see him when he spoke in 2010 if. >> funeral services will be held today for the prince george's county officer and died in a high-speed crash. a viewing for officer adrian morris was held. his funeral will be this morning in mitchelville at 10:00. his cruiser ran off the road on interstate 95 when he and his partner were chasing a stolen car at the time. two suspects are in custody. the funeral service for the officer will be live on our sister station news channel 8. >> demand for the chevrolet vote may be running out of gas -- chevy

of course, the economy is the number one issue on americans' minds. a newl could spell trouble for president barack obama. paul steinhauser joining us from washington. they say the polls had been rising but what's changed. >> exactly. take a look at the numbers. this is our cnn/orc poll. we did on tuesday and wednesday. we asked how are things going on in the country. a number of people said it's 43%. now down to 36%. on the on sid side right there at the bottom, 63% say things are going poorly in the country today. that's a 6-point gain since april. how does that play on the presidential campaign? go to the next screen. this is interesting. will the economy get better if barack obama getwins? 31%. they say things will not get better if either guy wins in november, fred. >> big concern for either camp? >> a big concern for the president. it's the top issue on the minds of the americans. who gets blamed for the economy? the guy in the oval office. that is the way its. that's the concern for the president. you see the unemployment levels creep up over the las

abysmal record on the economy and distort romney and now ryan's record and divide the american people against each other. it is about the economy and today the gauntlet thrown down. about a newirection for america. do we grow the country through jobs and through the marketplace? or do we retard government and the people by growing government and increasing our debt? it is very simple. the government should only do for the people what the people cannot do for themselves. that is the republican mantra that we are going to bring to the american people. spend within our means just like people have to do in their home budgets. we will have a budget, something the president couldn't deliver when had the white house and house and senate the first two years of his presidency with high majorities. a district difference between the direction the republicans want to take the country and the disasterrous direction the president has taken this country. >> let's get back to the swing states. we noted they are going on a tour of virginia, north carolina, florida and ohio. obviously rolling out this selection of paul ryan, jehmu, governor mitt romney thinks he is going to help him in all of

economists expect the july employment report to show the economy added 100,000 jobs last month, enough to absorb new americans entering the workforce, but not enough to lower the rate from 8.2%. >> michael gorman is a home builder in virginia. before the recession he employed 44 people full-time. today he's down to himself and one other person who works one day a week. >> as the economy has contracted, so have we. >> he says he's been through recessions before but none have lasted this long. five years after we started the downturn and we're not seeing any light at the end of the tunnel. >> michael gorman lives in the battleground state of virginia and is exactly the type of voter that both president obama and mitt romney are targeting. romney has been using the unemployment numbers to attack the president. >> he said he would hold unemployment below 8%. it's not been below 8% for 40 straight months. that's the longest period in american history. >> the president says romney's plan to create jobs by cutting taxes for wealthy americans won't work. >> they have tried to sell us this trickle down tax cut fairy d

day weekend is already here and even with rising gas prices and supposedly sluggish economy a new survey finds americans are ready to pack up and go. >> reporter: supper's last major travel holiday is expected -- summer's last major travel holiday is expected to be a busy one. aaa says 33 million americans will take a get-away at least 50 miles from home. they're also expected to spend a little more on that long weekend, $749 on average up from 702 in 2011. the average trip will be about 626 miles, but about half of those travelers will stay closer to home, between 100 and 400 miles round trip. 2.3million will travel by rail, bus and cruise ship. 2.5 will take to the skies. the overwhelming majority will go by car, 85% or 28.2 million. despite the recent uptick in gas prices gasoline is lower than an april peak of 3.94 a gallon but higher than the labor day forecast last august. for people looking to trim costs, most will skip the hotel and stay with family or friends. others will cut the trip shorter or take a less expensive mode of transportation. lesli foster, 9 news now. >>> sales hut a record high

economy. we new have more black americans who are business owners, high level executive positions and corporationsvoting on color. the only color they are looking at is green. >>neil: but, you are modest but you have heard the uncle tom comments and the horrible things said about you. we would not hold white candidates to the rigidity of accountability. you have experienced that. >>guest: i have. three days ago i gave a speech, last week i gave a speech and a black reporters said i watched. >> when you had deliver thousand people there, and i have soon you talk to other tea party groups and most of them are white, i have a question: why do they like you? being a black man. i said, when you talk about the facts and you talk about how we solve problems, it transcends color. the reason you do not have more black faces, they are working. they are not retired and they may not have the freedom to spend the time to try to come. >>neil: how do you tell the republicans how to get more african-americans? >>guest: to keep doing what they are doing and focusing on the economy and energy independence and on cu

economy. aarp launching a new social network for older americans that are looking for work.older americans are afraid their age works against them when it comes to looking for a new job. the site will be on my twitter, @marketjane. >> mindy was happy to hear there was hope for her getting work after this profession. yes, i did. she will get me back. companies are expected to lose hundreds of millions of dollars because of the olympics. >> this is lost productivity as people watched the olympics instead of focusing on their own projects. a promotion for starbucks. >> we work all day. we do not watch the olympics all day. >> he is not going to move today. 5:23. 73 degrees on tv hill. >> all libyans get medals -- olympians get medals and flowers. >> don't forget to e-mail us your response to our water cooler question of the day. assuming michael phelps wins a few more medals, do you think anyone can break his all-time medals record? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. u ve [ male announcer ] now at

good news on the economy? americans are shopping again.oppy harlow is in for christine romans. why is this so important? >> because what we spend, consumer spending is two-thirds of our gdp. our growth. it's really the driver, the economic engine of us getting back on track. what we know now is that in july things turned around. you're spending more at the mall, on cars, et cetera. retail sales rose for the first time in four months. it shows that the u.s. economy is rebounding a bit in the face of all the troubles in europe. what it also shows is the fed may step back because we had a good jobs report in july as well, relatively good. they may say we don't necessarily need more stimulus at this point in time. that's going to be important out of their september meeting. this is only one month's data. we can't read too much into it. but it is a shift. what we all spend is very important to this economy turning around. it's a little bit of good news. michael kors, interesting tidbit, seeing luxury doing well. michael kors just went public in

new york. you feel like the economy is getting better? many americans are now taking home mauler -- smaller paychecks than at the height of the recession. less than three months from election day we have new polls that show the race if the white house is tightening. not just tightening, but in a very big way. that is coming up. [ male announcer ] whether it's kevin's smartphone... mom's smartphone... dad's tablet... or lauren's smartphone... at&t has a plan built to help make families' lives easier. introducing at&t mobile share. one plan lets you share data on up to 10 devices with unlimited talk and text. add a tablet for only $10 per month. the more data you share, the more you save. at&t. the more data you share, the more you save. you know how hard if yit can be to breathedo, and what that feels like. copd iludes chronic bronchitis and emphysema. spiva helps corol my copd symptoms by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's st

american economy. >>> we want to turn now to our nbc news political team in place at the gop convention in tampa.huck todd, andrea mitchell and david gregory. david, let me begin with you. i know a lot of opinions about this so-called speech of a lifetime, but stls some consensus on the basics of what mitt romney has to accomplish? >> well, i want to pick up on my interview with governor jeb bush. he talks about reconnecting. it's an important word because it raises the question whether did romney lose the connection or did he have it? these conventions still matter because it's an opportunity for a candidate to have an hour of primetime television to give a speech directly to the american people who are still making up their mind. many of them who are tuning in to conventions. he does have to give something of himself here. he can be a hard guy to get to know. there's a sense, i think, that the romney team has that he's coming from behind, that's one of the reasons he took a risky choice in selecting paul ryan. that he's got to try to deal with the fact that there's so many attacks coming from t

. >>> taxes and the economy, front and center this election season. there's a new look at what americansink about the rich. 58% of americans say wealthy people should pay more in taxes. and the pew poll finds 58% find the republican party favors the rich. >>> and "forbes" out with this list of the highest-paid entertainers. and the same name is at the top for the fourth year in a row. >> just imagine it. oprah, pulling in $165 million. "transformers" director, michael bay, with $160 million. steven spielberg, jerry buck heimer and dr. dre with his line of headphones, round out the top five. >> did you get the headphones yet? >> not yet. >>> a long-suspected husband finally charged with the death of his wife. >>> and one major league team's nontraditional way of hitting the road. if you can get away with it, you're winning. we'll tell you about it. [ male announcer ] if you had a dollar for every dollar car insurance companies say they'll save you by switching, you'd have like, a ton of dollars. but how are they saving you those dollars? a lot of companies might answer "um" or, "no commen

. >> it's interesting, we're calling this the new normal in terms of growth and employment in the leading economies. the american middle class though is struggling. the rich increasingly vilified. things are not business as usual. >> no, they're not business as usual. the figures all show that the middle class income is essentially stagnant and that's just for the people who are employed. of course, there are many poor people in this country and there are also not only the unemployed that are officially counted but the people who are in such despair that they've given up looking for work and that's something that has to be corrected and has not been. it's hard to do it when you're fighting off the aftermath of a major recession, but, you know, we can't let that be the new normal or then the country is in trouble because the country not only has an economic mood, it has a psychological mood, and we have to feel that we can in the american way better our situation and progress or we're not going to do it. otherwise it becomes a sort of downward spiral. >> i'm glad you mentioned that because the psychological impac

think, was the announcement by the obama administration that they have set strict, new fuel economy goals for americanames healey is the automobile writer for "usa today." joining us on our news line this morning. hey, james good to have you with us. thank you. >> thanks. good to be here. >> bill: so the obama administration is saying by 2025, we can hit an average 54.5 miles per gallon. as joe biden might say that's a bfd, isn't it? a big leap. >> it is a great big leap. you have to keep a couple of things in mind though. first, it is not a recommendation. it is, in fact, a regulation. >> bill: oh, really? >> must do it. the auto industry, everything it sells has to come out as an average 54.5. but that's a latter number. it is not going to be what you see on your window sticker. >> bill: i'm sorry. it is a what number? >> a laboratory number. >> bill: got it. okay. >> the government then makes an adjustment to that for the number you see on the window sticker of new cars and it is lower. so what you'll see is maybe 39 or 40. and combine city highway driving. that would be the rating on new cars on t

you won't find a poll out there that shows americans care more about this than jobs in the economy. >> dan, thank you very much. >>> new this morning, health officials are warning people to throw out cantaloupe from indiana because of a salmonella outbreak. two people are dead, 141 people sickened from the fruit. this is affecting 20 states seen highlights here on your screen. there you go. don't try to wash the fruit. the outside and the inside could be infected. last year, 29 people dieed from a listeria outbreak in cantaloupe. >>> now to colorado. a 29-year-old hiker is expected to face animal cruelty charges after leaving his dog stranded. he left the dog after a storm rolled in. he was worried about his safety and the dog's feet were injured. a group of hikers went up and rescued the dog later. he didn't make an attempt to go back and get the dog and assumed it was dead. >>> we have a lot more ahead this hour. take a look. >> rich folks don't need governments. rich people take care of themselves. >> a new documentary sheds light on a financial crisis. the one document she says started it all. neonazis, white supre

american history with no rain from above. these crops are ways and heralds of more bad news for the world economy. >> they were taller than me. >> he has seen severe drop before but nothing this bad. there has been no rain since the middle of april. >> one kernel. >> usually gets 150 bushels from 1 acre. he will be lucky to get 10. >> it is done. the simple reason is it did not pollinate. it could rain on this ground right now but it will not help the thing. it has done its life, it is history. >> last year he made $1 million from crops and this year he will be lucky to get to order thousand dollars. he is insured so he will survive. the damage goes beyond rural america. the amount is -- the drought is already pushing up the cost of feed. there's not a cloud in the sky. the crops withering in this parched ground are vital to the world food industry. its very foundation. not only because they provide animal field and -- feed and oil but to other products as well. from snacks and food to other soft drinks. this man has a reason to be animated. he is a trader in corn futures. there are expecting prices to rocket give new figures

economy. >> 23 million americans out of work or underemployed. >> reporter: to make the bad news thin. he stuck to one part of the report the unemployment rately did pick up. more than 3 years above 8%. >> good times coming back to a nation suffering under this president. >> reporter: but president obama pointed to another number to spin good news that even economists weren't expecting. 163,000 jobs added last month so he it claim that for more than two years the economy added private sector jobs every month. >> those are our neighbors and family members finding work, and the security that come was work. >> reporter: in some key battleground states a poll that romney has to make up. he's down 6% in florida and 11.sbehind in pennsylvania. >>> but romney is getting star power after clint eastwood showed up at a fund raise irjoking with reporters. >> yeah, america. >> reporter: that, as they question the super bowl ad for a car company which some thought was endorsement for the president who bailed out detroit. but just like dirty harry -- >> go ahead, make my day. >> the republican actor

american economy, a potential. >> i do. long run. >> rose: all of it is done, the dynamism of the american economy is still possible and we're not looking at a new norm in terms of growth rates. >> uh-huh. we're going to get there. >> rose: and unemployment. >> we're going to get there. innovation is there. the entrepreneurial spirit is there, the willingness is there, the flexibility of our markets is there. we have problems with worker training that we need to overcome but we're working on there. there are a lot of people. >> rose: and we can restore our manufacturing base. >> yeah, it's there, it's coming back. we have mid skilled, higher skilled manufacturing operations in north carolina. >> rose: on that note, a good note, thank you for coming,. >> my pleasure. >> rose: back in a moment, stay with us, kati marton is here, a journalist and author, herself enbooks include enemies of the people and hidden power. her late cess a memoir t is called paris a love story. i am pleased to have her back at this table. welcome. >> thank you, charlie. it's wonderful to be back. >> rose: you've got me when you say paris and a love story, why did you writ