>>> this is "nightly business report" with tyler mathisen and susie gharib. >> the drama playing out in the mediterranean takes markets on a ride. worldwide the parliament in cyprus rejects a plan to tax its bank depositors. the euro falls to its lowest level since november. >>> ben bernanke and the fed get down to biness. what should we expect after its two-day meeting ends tomorrow? we'll ask former federal reserve governor randy crosser in. >> and what does the ceo of one of the world's iconic brands think of the economy and the american consumer? susie sits down with the top man at coca-cola. all that and more coming up right now on "nbr." good evening and welcome to our public television viewers. susie, once again, little cyprus making big economic noise today. >> you're right, tyler. actually a big win for citizens in cyprus. lawmakers rejected today an unpopular and unprecented proposal to tax bank deposits. it was part of a larger eurozone bailout plan to rescue those banks and keep the nation solvent. the crucial vote came after a wave of protests, and as cypr t cypriots scr

families like the gharibs.oday, their house is an island, this is how over the past 30 years, a nearby israeli settlement has grown, swallowing up almost half their land. the rest cut off by a security fence. "it's like we're in a prison," says mahmoud gharib. "we have cameras, gates, fences and walls." so, why do you stay? "this is my homeland. this is my house," he says. "the israelis are stealing the land day and night." reaching parts of their land requires a special permit. they're just explaining that this whole hillside below the settlement is their land and it's full of olive trees and in order to get over there to pick the olives, they need permission from the israeli military to get through these gates and cross this road. the israelis see it differently. arguing that jews were here on this very land thousands of years ago. do you understand why this family is angry that much of their land was taken? >> no. >> reporter: you don't see it that way? >> no. >> reporter: the beauty of these lush green roll

susie gharib is off tonight. she's receiving the eliot v. bell award from the new york financial writer's association for her lifetime contributions to financial journalism. it's a great night for her and nbr and we congratulate her. our top story aside from that, of course, is the dow. it surged to a record high close today, rolling past the previous highs setback in october of 2007. now for its part the broader s&p 500 closed at a fresh 5 1/2 year high and the nasdaq finished the session at get this a 12 year high, reached just before the tech bubble burst back in the year 2000. all in all a day for the record books. the dow more than doubling since its bear market low almost exactly four years ago but the question is why? why so high? and why now? so why is the dow so high when the economy is so cool? gas prices so high. and consumers still smarting from tighter take home pay. well one reason is this man, ben bernanke. the federal chairman has been pumping money into the system for years and he's not stopping any time soon. >> in the shor

>>> this is "nightly business report" with tyler mathisen and susie gharib. >>> make it three straight all-time highs for the dow, fuelled today by optimism in the job market. >>> how's the consumer feeling these days? we'll find out as we go in focus on the american recovery. >>> and i ask the ceo of general motors if people are feeling the mood to buy. >>> and the threat of hackers is engaging economic engine, small business, and that could lead to even bigger problems. >>> hello, everybody, and we welcome public television viewers from all across the country to "nightly business report." thank you very much for joining us. susie, today it was all about jobs. >> it sure was, tyler, and that's where we begin tonight, with encouraging news about jobs. that news gave a boost to the market and led the dow to another all-time high. nasdaq added the and by gaining nearly 3 points, s&p 500 is within 20 points of its all-time closing high. one day ahead of the labor department's february job report, we learned first-time jobless claims fell last week, dipping to a six-week low and surprising

. >> susie: i'm susie gharib. good evening, everyone. we'll look at what sequester means for the u.s. economy, jobs and the markets and how long it may last. >> tom: one bright spot for the economy: auto sales. february was another strong month of sales. >> susie: that and more tonight on "n.b.r." >> tom: before midnight tonight, the sequester takes effect. those automatic spending cuts will trigger federal government furloughs, cuts in government contracts and cut backs in federal services. congressional leaders met with the president this morning to talk about the situation, but no one expected a break through and no one was disappointed. our washington bureau chief darren gersh tonight on what happened and what comes next. >> reporter: by now, you know how this story goes. after the last-minute meeting at the white house, the speaker emerges grim-faced. >> the discussion about revenue in my view is over. it's about taking on the spending problem in washington. >> reporter: cut to the white house briefing room. the president says he's

>>> this is "nightly business report" with tyler mathisen and susie gharib. >> streak over. after ten straight days of gains, the dow ends lower for the first time this month. what is next for stocks? >>> the maestro speaks. the man who coined the phrase "irrational exuberance" tells why he thinks the market is far from overheated. >>> and apple versus samsung. who's got the cool factor now? all that and more coming up tonight. good evening, everyone, and welcome to our public television viewers. so tyler, i guess all good things must come to an end? >> it must seem that way, because it was a great run. but it's over, with the best run in nearly 17 years in fact. but the dow's ten-day winning streak did come to an end today. investors sent stocks lower after a disappointing report on consumer sentiment raised worries about whether the market has gone too far too fast. after all, the dow is up 11% so far this year. the index hadn't had a down day this month. losing friday all year until today. the dow fell 25 points, ending the session at 145.14. the nasdaq was lower by nearl

(laughter) >>> this is "nightly business report" with tyler mathisen and sues gharib. >> another day, another record. the dow ends at a second consecutive all-time high as the federal reserve says the economy is growing but modestly. >> and america's energy future. in focus, a special report on a sector that could power u.s. growth and jobs for decades. >>> and stormy weather. a big problem for you but also a big pain for business. how mother nature is the great disrupter. >>> and welcome to all of our public television viewers. tyler,nother day of stocks and the economy grabbing the headlines. >> the stocks once again, another day the dow jumps over the moon. the blue chip index adding 42 points. the broader s&p 500 was up one. the nasdaq though edged nearly two points lower, pulled down by apple and google. the markets began the day higher after better than expected news about jobs with payroll firm adp reporting 198,000 private sector jobs added back in february, more than economists expected. also helping today, applications for new mortgage loans shot up 15% last week after home

i'm susie gharib, thanks so much for watching. >> and i'm tyler mathisen. thanks for joining us. we hope to see you right back here tomorrow night. >> the following kqed production was produced in high definition. [ ♪music ] >> erika shuch's year-long creative journey will take her from the headlands to the stage as she delves into metaphors for separation and incarceration. >> erika: imagine that this desert sits on the edge of the world. >> jesus aguilar: zero, zero, one, zero, zero, six. >> what jesus aguilar finds when he explores language can only be captured with a video camera and a computer screen. >>> print maker kathy aoki challenges the dominant ideas of girlhood. >> kathy: it's a visual allegory for how the media affects girls. >> and the animation of m dot strange ... this time on spark. [ ♪music ] >>> major funding for spark is provided by the william and flora hewlett foundation, supporting creativity and innovation in the arts since 1967. the james irvine foundation, expanding opportunity for the people of california. diane b. wilsey. and by the kqed campaign for

i'm susie gharib. the sequester deadline is tomorrow, but it could take months for those massive federal spending cuts to ripple through the economy. >> tom: i'm tom hudson. those cuts come at a time when the economy is struggling to grow, the latest showing on g.d.p. shows growth but just barely. >> susie: and a big management change at groupon: c.e.o. andrew mason is out at the daily deals site he co-founded. >> tom: that and more tonight on "n.b.r."! >> susie: you know the economy is not very strong when analysts cheer because growth has been revised up by a "fraction," from a negative 0.10%. and with growth flat-lined, economists are wondering whether the upcoming budget cuts known as the "sequester" will derail the recovery. the good news is the cuts will take time to be felt. the bad news, as darren gersh reports, is the cuts will build in pain over time. >> reporter: in terms of its impact on the economy, the sequester is really more of a "slow" quester. the impact of the across the board spendi

group at wgbh access.wgbh.org >>> this is "nightly business report" with tyler mathisen and susie gharib. >>> make it three straight all-time highs for the dow, fuelled today by optimism in the job market. >>> how's the consumer feeling these days? we'll find out as we go in focus on the american recovery. >>> and i ask the ceo of general motors if people are feeling the mood to buy. >>> and the threat of hackers is engaging economic engine, small business, and that could lead to even bigger problems. >>> hello, everybody, and we welcome public television viewers from all across the country to "nightly business report." thank you very much for joining us. susie, today it was all about jobs. >> it sure was, tyler, and that's where we begin tonight, with encouraging news about jobs. that news gave a boost to the market and led the dow to another all-time high. nasdaq added the and by gaining nearly 3 points, s&p 500 is within 20 points of its all-time closing high. one day ahead of the labor department's february job report, we learned first-time jobless claims fell last week, dipping to a

group at wgbh access.wgbh.org >>> this is "nightly business report" with tyler mathisen and sues gharib another day, another record. the dow ends at a second consecutive all-time high as the federal reserve says the economy is growing but modestly. >> and america's energy future. in focus, a special report on a sector that could power u.s. growth and jobs for decades. >>> and stormy weather. a big problem for you but also a big pain for business. how mother nature is the great disrupter. >>> and welcome to all of our public television viewers. tyler, another day of stocks and the economy grabbing the headlines. >> the stocks once again, another day the dow jumps over the moon. the blue chip index adding 42 points. the broader s&p 500 was up one. the nasdaq though edged nearly two points lower, pulled down by apple and google. the markets began the day higher after better than expected news about jobs with payroll firm adp reporting 198,000 private sector jobs added back in february, more than economists expected. also helping today, applications for new mortgage loans shot up 15% last w

group at wgbh access.wgbh.org >>> this is "nightly business report" with tyler mathisen and susie gharib streak over. after ten straight days of gains, the dow ends lower for the first time this month. what is next for stocks? >>> the maestro speaks. the man who coined the phrase "irrational exuberance" tells why he thinks the market is far from overheated. >>> and apple versus samsung. who's got the cool factor now? all that and more coming up tonight. good evening, everyone, and welcome to our public television viewers. so tyler, i guess all good things must come to an end? >> it must seem that way, because it was a great run. but it's over, with the best run in nearly 17 years in fact. but the dow's ten-day winning streak did come to an end today. investors sent stocks lower after a disappointing report on consumer sentiment raised worries about whether the market has gone too far too fast. after all, the dow is up 11% so far this year. the index hadn't had a down day this month. losing friday all year until today. the dow fell 25 points, ending the session at 145.14. the nasdaq was l

susie gharib is off tonight. she's receiving the eliot v. bell award from the new york financial writer's association for her lifetime contributions to financial journalism. it's a great night for her and nbr and we congratulate her. our top story aside from that, of course, is the dow. it surged to a record high close today, rolling past the previous highs setback in october of 2007. now for its part the broader s&p 500 closed at a fresh 5 1/2 year high and the nasdaq finished the session at get this a 12 year high, reached just before the tech bubble burst back in the year 2000. all in all a day for the record books. the dow more than doubling since its bear market low almost exactly four years ago but the question is why? why so high? and why now? so why is the dow so high when the economy is so cool? gas prices so high. and consumers still smarting from tighter take home pay. well one reason is this man,

group at wgbh access.wgbh.org >>> this is "nightly business report" with tyler mathisen and susie gharib. >> streak over. after ten straight days of gains, the dow ends lower for the first time this month. what is next for stocks? >>> the maestro speaks. the man who coined the phrase "irrational exuberance" tells why he thinks the market is far from overheated. >>> and apple versus samsung. who's got the cool factor now? all that and more coming up tonight. good evening, everyone, and welcome to our public television viewers. so tyler, i guess all good things must come to an end? >> it must seem that way, because it was a great run. but it's over, with the best run in nearly 17 years in fact. but the dow's ten-day winning streak did come to an end today. investors sent stocks lower after a disappointing report on consumer sentiment raised worries about whether the market has gone too far too fast. after all, the dow is up 11% so far this year. the index hadn't had a down day this month. losing friday all year until today. the dow fell 25 points, ending the session at 145.14. the nasdaq w

susie gharib is off tonight. she's receiving the eliot v. bell award from the new york financial writer's association for her lifetime contributions to financial journalism. it's a great night for her and nbr and we congratulate her. our top story aside from that, of course, is the dow. it surged to a record high close today, rolling past the previous highs setback in october of 2007. now for its part the broader s&p 500 closed at a fresh 5 1/2 year high and the nasdaq finished the session at get this a 12 year high, reached just before the tech bubble burst back in the year 2000. all in all a day for the record books. the dow more than doubling since its bear market low almost exactly four years ago but the question is why? why so high? and why now? so why is the dow so high when the economy is so cool? gas prices so high. and consumers still smarting from tighter take home pay. well one reason is this man,

group at wgbh access.wgbh.org >>> this is "nightly business report" with tyler mathisen and susie gharib. >> the drama playing out in the mediterranean takes markets on a ride. worldwide the parliament in cyprus rejects a plan to tax its bank depositors. the euro falls to its lowest level since november. >>> ben bernanke and the fed get down to business. what should we expect after its two-day meeting ends tomorrow? we'll ask former federal reserve governor randy crosser in. >> and what does the ceo of one of the world's iconic brands think of the economy and the american consumer? susie sits down with the top man at coca-cola. all that and more coming up right now on "nbr." good evening and welcome to our public television viewers. susie, once again, little cyprus making big economic noise today. >> you're right, tyler. actually a big win for citizens in cyprus. lawmakers rejected today an unpopular and unprecedented proposal to tax bank deposits. it was part of a larger eurozone bailout plan to rescue those banks and keep the nation solvent. the crucial vote came after a wave of protes

group at wgbh access.wgbh.org >>> this is "nightly business report" with tyler mathisen and sues gharib. >> another day, another record. the dow ends at a second consecutive all-time high as the federal reserve says the economy is growing but modestly. >> and america's energy future. in focus, a special report on a sector that could power u.s. growth and jobs for decades. >>> and stormy weather. a big problem for you but also a big pain for business. how mother nature is the great disrupter. >>> and welcome to all of our public television viewers. tyler, another day of stocks and the economy grabbing the headlines. >> the stocks once again, another day the dow jumps over the moon. the blue chip index adding 42 points. the broader s&p 500 was up one. the nasdaq though edged nearly two points lower, pulled down by apple and google. the markets began the day higher after better than expected news about jobs with payroll firm adp reporting 198,000 private sector jobs added back in february, more than economists expected. also helping today, applications for new mortgage loans shot up 15% la

group at wgbh access.wgbh.org >>> this is "nightly business report" with tyler mathisen and susie gharib. >>> make it three straight all-time highs for the dow, fuelled today by optimism in the job market. >>> how's the consumer feeling these days? we'll find out as we go in focus on the american recovery. >>> and i ask the ceo of general motors if people are feeling the mood to buy. >>> and the threat of hackers is engaging economic engine, small business, and that could lead to even bigger problems. >>> hello, everybody, and we welcome public television viewers from all across the country to "nightly business report." thank you very much for joining us. susie, today it was all about jobs. >> it sure was, tyler, and that's where we begin tonight, with encouraging news about jobs. that news gave a boost to the market and led the dow to another all-time high. nasdaq added the and by gaining nearly 3 points, s&p 500 is within 20 points of its all-time closing high. one day ahead of the labor department's february job report, we learned first-time jobless claims fell last week, dipping to a

group at wgbh access.wgbh.org >>> this is "nightly business report" with tyler mathisen and susie gharib. >> the drama playing out in the mediterranean takes markets on a ride. worldwide the parliament in cyprus rejects a plan to tax its bank depositors. the euro falls to its lowest level since november. >>> ben bernanke and the fed get down to business. what should we expect after its two-day meeting ends tomorrow? we'll ask former federal reserve governor randy crosser in. >> and what does the ceo of one of the world's iconic brands think of the economy and the american consumer? susie sits down with the top man at coca-cola. all that and more coming up right now on "nbr." good evening and welcome to our public television viewers. susie, once again, little cyprus making big economic noise today. >> you're right, tyler. actually a big win for citizens in cyprus. lawmakers rejected today an unpopular and unprecedented proposal to tax bank deposits. it was part of a larger eurozone bailout plan to rescue those banks and keep the nation solvent. the crucial vote came after a wave of protes

. >> susie: i'm susie gharib. good evening, everyone.at what sequester means for the u.s. economy, jobs and the markets and how long it may last. >> tom: one bright spot for the economy: auto sales. february was another strong month of sales. >> susie: that and more tonight on "n.b.r." >> tom: before midnight tonight, the sequester takes effect. those automatic spending cuts will trigger federal government furloughs, cuts in government contracts and cut backs in federal services. congressional leaders met with the president this morning to talk about the situation, but no one expected a break through and no one was disappointed. our washington bureau chief darren gersh tonight on what happened and what comes next. >> reporter: by now, you know how this story goes. after the last-minute meeting at the white house, the speaker emerges grim-faced. >> the discussion about revenue in my view is over. it's about taking on the spending problem in washington. >> reporter: cut to the white house briefing room. the president says he's been reasona

i'm susie gharib. the sequester deadline is tomorrow, but it could take months for those massive federal spending cuts to ripple through the economy. >> tom: i'm tom hudson. those cuts come at a time when the economy is struggling to grow, the latest showing on g.d.p. shows growth but just barely. >> susie: and a big management change at groupon: c.e.o. andrew mason is out at the daily deals site he co-founded. >> tom: that and more tonight on "n.b.r."! >> susie: you know the economy is not very strong when analysts cheer because growth has been revised up by a "fraction," from a negative 0.10%. and with growth flat-lined, economists are wondering whether the upcoming budget cuts known as the "sequester" will derail the recovery. the good news is the cuts will take time to be felt. the bad news, as darren gersh reports, is the cuts will build in pain over time. >> reporter: in terms of its impact on the economy, the sequester is really more of a "slow" quester. the impact of the across the board spendi

i'm susie gharib. the sequester deadline is tomorrow, but it could take months for those massive federal spending cuts to ripple through the economy. >> tom: i'm tom hudson. those cuts come at a time when the economy is struggling to grow, the latest showing on g.d.p. shows growth but just barely. >> susie: and a big management change at groupon: c.e.o. andrew mason is out at the daily deals site he co-founded. >> tom: that and more tonight on "n.b.r."! >> susie: you know the economy is not very strong when analysts cheer because growth has been revised up by a "fraction," from a negative 0.10%. and with growth flat-lined, economists are wondering whether the upcoming budget cuts known as the "sequester" will derail the recovery. the good news is the cuts will take time to be felt. the bad news, as darren gersh reports, is the cuts will build in pain over time. >> reporter: in terms of its impact on the economy, the sequester is really more of a "slow" quester. the impact of the across the board spendi

. >> susie: i'm susie gharib. good evening, everyone.k at what sequester means for the u.s. economy, jobs and the markets and how long it may last. >> tom: one bright spot for the economy: auto sales. february was another strong month of sales. >> susie: that and more tonight on "n.b.r." >> tom: before midnight tonight, the sequester takes effect. those automatic spending cuts will trigger federal government furloughs, cuts in government contracts and cut backs in federal services. congressional leaders met with the president this morning to talk about the situation, but no one expected a break through and no one was disappointed. our washington bureau chief darren gersh tonight on what happened and what comes next. >> reporter: by now, you know how this story goes. after the last-minute meeting at the white house, the speaker emerges grim-faced. >> the discussion about revenue in my view is over. it's about taking on the spending problem in washington. >> reporter: cut to the white house briefing room. the president says he's been reaso