ashley morrison joining us live here in new york. ou, ashley. >>> straight ahead your thursday morning weather. and in sports, hello melo. carmelo anthony's triumphant debut in new york. 's triumphant debut in new york. ♪ ♪ express yourself ♪ ♪ express yourself ♪ ♪ oh, do it ♪ oh, do it ♪ express yourself ♪ hey [ female announcer ] coffee is like life. it's better when you add your flavor. coffee-mate, from nestle. it's better when you add your flavor. to stay fit, you might also want to try lifting one of these. a unique sea salt added to over 40 campbell's condensed soups. it helps us reduce sodium, but not flavor. so do a few lifts. campbell's.® it's amazing what soup can do.™ >>> here's a look at the weather in some cities around the country. new york partly cloudy, 46 degrees. miami, partly cloudy, 84. chicago, cloudy there, 40 degrees. dallas will see some thunderstorms, 74. and a sunny 60 degrees in l.a. >>> time now for a check of the national forecast. the latest satellite picture shows thick clouds popping up in the southern

and aol buying the huffing on the post with more on those and other business stories here is ashley morrison. >> reporter: most asian markets got a boost from corporate earnings report the nikkei gained a half%, hang seng lost a percent. friday, stocks ended higher, dow rose 29 points, nasdaq added 15. >> officials at nasdaq exchange said no customer information was compromised as a result of cyber attacks wall street journal reported over the weekend the exchange was the target of hackers over the past year but the start of the system that executes trades was not breached. trading should resume as normal this morning. >>> a high profile merger online, aol has agreed to buy the news website huffing on the post for $315 million the merger will create a media group combined base of 117 million visitors a month here in the u.s. and more than double that internationally, air anna huffington said she will stay on as editor and chief of all huffington and aol content. >>> the auto maker is stepping up production ford says it is aiming to make 13% more cars and trucking during the first quarter of

all right, ashley morrison live in new york. thank you, ashley. >>> actress lindsay lohan is expected to be charged today with felony grand theft. lohan is accused of stealing a necklace from a california jewelry store last month. the necklace was returned, and lohan's attorney denies any wrongdoing. the judge in her 2007 drunk driving case has also threatened to throw her in jail if she gets into trouble again. >> she is on probation. unlike charlie sheen, who pled to a crime and is not on probation, lindsay lohan has the hammer of the law just waiting to come down upon her. >> did you steal the necklace -- >> if convicted of the necklace theft, lohan could face up to three years in prison. >>> straight ahead your wednesday morning weather. and in sports, lebron james and dwyane wade rally the heat for a win. [ engine revs ] [ male announcer ] the uconnect touch system on the 2011 dodge journey controls the radio, media player, heated seats, climate control, navigation, phone, and more. this means that if you call shotgun on a d

ashley morrison, cbs news. ,, ,,,,,,,,,,,,,,,,,, he's handicapped. he ha >>> today we're going to talk about the apple. an apple a day keeps the doctor away. golden delicious at one time you went to the market and had red delicious, golden delicious, granny smith, three or four varieties and that's it. now there are like 12 varieties but now they are still one of the most popular and flavorful is the golden delicious but you have to buy them when they got a nice beautiful color to them, not too green. come here. when you buy the golden delicious, you see this color here? this is what you want to look for. a nice bright yellow. right here, see this little like freckles? they are loaded with sugar. that's cool. when you bring them home, they look great in a bowl, on the table. when you bring them home, put them in the refrigerator. golden delicious apples, still one of favorites including fujis and galas. i love the golden delicious. i'm tony tantillo, your fresh grocer. and always remember to eat fresh and stay healthy. mmm! crispy. very good. >>> all

ashley morrison is here in new york with that. d morning, ashley. >> and good morning to you, betty. asian markets rallied for a second straight day. japan's nikkei gained a fraction while hong kong's hang seng added half a percent. today wall street gets a look at the weekly jobless claim numbers. on wednesday stocks jumped after another round of strong corporate earnings. the dow gained 61 points while the nasdaq added 21. and a milestone for the s&p 500, the total value of that index has now doubled since hitting its low point in 2009, at the height of the financial crisis. >>> a new forecast from the federal reserve sees the economy picking up steam, growing as much as 3.9% this year. that's a full point higher than last year. but the fed also sees unemployment hovering around 9%. the rest of this year, though it does predict it could fall as low as 7.5% in 2012. >>> banks are pushing back against debit card reform. at a congressional hearing today, they're expected to ask lawmakers to either delay or repeal new laws cutting ba

ashley morrison is here in new york with all of that. morning, ashley. >> good morning to you, betty. asian markets were helped by a weaker yen. japan's nikkei added about half a percent while hong kong's hang seng climbed more than 1%. >>> today, wall street gets the latest on inflation and housing. on tuesday, disappointing retail numbers pushed stocks lower. the dow lost 41 points, while the nasdaq gave back nearly 13. >>> bernie madoff is breaking his silence. in his first interview since his 2008 arrest, the former ponzi king told "the new york times" that wall street banks and hedge funds, quote, had to know about the scheme long before it collapsed. he also insisted his friends, family and clients never knew anything about his crimes. madoff is serving a 150-year sentence in a north carolina prison for bilking investors out of more than $65 billion. >>> americans continued getting their household finances in order last month. credit card companies posted the lowest rates of default and late payments in two years. that's a strong s

in new york, i'm ashley morrison. >>> it is 4:45. coming up, a corruption cover- up shocking new email leaked from the city of bell. >> plus, the testimony barry bonds' attorney doesn't want to come out. what the slugger's ex- girlfriend could reveal about his alleged steroid use. >> you're talking about millions of dollars in technology and still it's competing for a guy who had a sandwich for lunch . >> who came out on the battle of man versus machine? the simple mistake this machine made on jeopardy coming up. ,,,,,,,,,,,,,, california town of bell joked about raising their salaries to exorbitant levels. you. >>> court documents reveal two top administrators in bell joked about raising their salaries text on at&t levels. they include e-mails between bell's former police chief and the assistant city manager. they joked about acting like pigs and creating a paper trail to hide their misdoings randy adams wrote, i am looking forward to seeing you and taking all of bell's money. okay, just a share of it. angela wrote, you can take you

ashley morrison is here in new york with the latest on that. good morning, ashley. >> good morning to you, betty. well, asian markets rose for the first time in four days, with japan's nikkei gained nearly 1%, while hong kong's hang seng added nearly 2%. >>> today, wall street gets the very latest on consumer confidence and how much the economy is growing. on thursday, stocks finished mixed. the dow lost 37 points, its third down day in a row. while the nasdaq gained almost 15. >>> american employers are planning the largest pay raises since 2008. according to a survey by the hr firm towers watson, large and medium-sized businesses are pulling back on hiring and wage freezes, and planning the largest merit increases since the start of the financial crisis. the rates should average around 3%, exceeding last year's 2.7%. >>> the airlines are raising fares, again. united and continental got it started thursday, adding $20 per person round trip on most flights. american, delta and us airways quickly matched those hikes. southwest followed, but only

ashley morrison is here in new york with the latest on that. good morning, ashley. >> good morning to you, betty. asian markets edged lower on cautious trading. japan's nikkei lost a fraction while hong kong's hang seng shed nearly 2%. today wall street gets a look at the weekly jobless claim numbers. on wednesday stocks finished mixed after fed chair ben bernanke told congress he expects unemployment to remain high for several years. the dow added 6 and change. the blue chips have now gained eight days in a row while the nasdaq closed down eight points. >>> some good news on the foreclosure front. data released overnight shows fewer homes have entered the foreclosure process in january than in any month in three years. but the news is not all good. actual home seizures increased 12% from december to january. the foreclosure crisis isn't expected to peak until sometime later this year. >>> expect to see higher prices at the supermarket due to low supplies. corn costs have doubled in the last six months and that has a ripple effect on everything

ashley morrison has your moneywatch report. >>> reporter: most asian markets saw gains today the the nikkei hit a nine-month high while hang sang lost a fraction. today wall street gets the latest on the labor market. on monday strong corporate earnings and mergers pushed the dow up 69 while the nasdaq added 14. americans are breaking out the plastic. after two years of cutting back, credit card debt rose 3.5% in december. it's a sign consumers feel more confident about the economy and their own finances, but even with the gains, consumer borrowing is still near 7% below the high setback in 2008. the smart phone revolution is far from over. according to the research firm idc, smart phones are now outselling personal computers, a milestone that would have been unthinkable just a few years ago. but that also makes them more of a target. this morning, the mcafee antivirus company warnings that cyberthreats to mobile devices are on the rise. that's your moneywatch. for more, stay with cbsmoneywatch.com. in new york, i'm ashley morrison. >>> this summer delta airlines is offering a new se

ashley morrison here in new york with more on that. >> reporter: good morning to you, terrell. hong kong's hang seng was closed again for the holiday. in japan the nikkei gained more than 1%. today, wall street tries to finish off the week on a high note. on thursday better than expected news on retail sales helped push stocks higher. the dow gained 20 points while the nasdaq added 4. >>> wall street's focus today, the labor department's january jobs report. it's expected to show the economy added 145,000 jobs last month, but that is barely enough to keep up with the population growth. the unemployment rate is forecast to edge up to 9.5%. >>> ford is expected to recall 280,000 trucks here in the u.s. to fix a door problem. the recall affects f-150 trucks from 2009 and 2010 model years. the door handles on those vehicles could break, possibly leading to the doors opening in a crash. no crashes have been tied to the problem. the recall is expected to begin in ten days. >>> and if you're planning on some pizza for your super bowl bash, call early. all the national chains are expec

in new york, i'm ashley morrison. >>> it's enough to ruin your appetite. the number of restaurant workers who admitted they actually touched the food while they were sick. yuck. plus... >> literal ate them under microscopes it's so small. >> it looks like a hummingbird but see how this tiny tool could be a breakthrough in fighting terrorists. >> a shocking medical mystery. how a man was able to survive with a knife blade in his brain. that and much more when we come back. drawn thousands of protesters. "kil >>> republican lawmakers in wisconsin will try again today to take up a budget measure that has drawn thousands of protestors. >> kill this bill! >> about 25,000 people of packing the state capital yesterday. they are angry about a proposal to strip state workers of collective bargaining rights and requiring them to contribute more to their benefits. democrats brought debate to a halt thursday by refusing to show up. >>> and in washington, the budget battles are just beginning today. house republicans will likely pass a measure that would slash more tha

ashley morrison reports, world markets are higher today. >> reporter: asian markets rallied for a second straight day. japan's nikkei gained a fraction while hong kong's hang seng added half a percent. today wall street gets a look at the weekly jobless claim numbers. on wednesday stocked jumps jumped higher after another round of strong corporate earnings. the dow was up 61, the nasdaq up 21, and a milestone for the s&p 500, the total value of that index now doubled since hitting the low in 2009 at the height of the financial crisis. >>> a new forecast from the federal reserve sees the economy picking up steam growing as much as 3.9% this year. that is a full point higher than last year. but the fed also sees unemployment staying around 9% the rest of the year, although it does not predict it could fall as low as 7.5% in 2012. >>> and banks are pushing back against debit cart reform. at a congressional hearing today they are expected to ask lawmakers to either delay or repeal new laws cutting back on the fees they can charge every time a card is swiped. banks now get an average of 1% to

moneywatch reporter ashley morrison has more. >>> reporter: asian markets got a late day boost. japan's nikkei added nearly 1% while hong kong's hang seng rose nearly 1.5%. today wall street gets a january personal income and spending report and the latest check on the housing market. last week stocks took it on the chin with the worst week since november. friday they snapped a three-day losing streak as oil prices stabilized up nearly 62, nasdaq up 43. >>> bernie madoff is talking again. in an interview with new york magazine, the convicted wall street swindler calls new financial reforms a joke and again blames big banks and hedge funds and even his own clients for failing to question his bogus returns. madoff also said keeping the billion-dollar scheme a secret was a nightmare and revealed his wife has not spoken to him since the suicide of their son in november. she is angry, he says, i destroyed our family. madoff is serving 150 years in a north carolina prison after being convicted of fraud charges in 2009. >>> and there is no end in sight to the runup in oil prices. the c

ashley morrison is here in new york with more on that. good morning. >> reporter: good morning. a boost. the nikkei added a fraction while the hang seng was also slightly higher. today wall street gets the latest on the construction and manufacturing sectors. monday strong corporate earnings overshadowed the turmoil overseas. the dow rose 68 points while the nasdaq added 13 points finishing the month with a gain of 2%. >>> the crisis in egypt continues to push up the cost of crude oil. this morning the price topped $92 a barrel in asia and has now jumped more than 7% since the crisis began. while egypt is not a top producer, investors are worried that problems there could spread to other countries in the region. egypt also controls the suez canal, a critical shipping lane. that sent energy prices rising. profits rose more than 50% last quarter. last year the company earned more than $30 billion. >>> a much different story for bp. this morning they announced a yearly loss of $2.7 billion following the oil disaster in the gulf. still they did make money in the fourth quarter and w

ashley morrison is here in new york with much more on all of that. ood morning, ashley. >> and good morning to you, betty. asian markets rallied for a fourth straight day. japan's nikkei gain aid fraction while hong kong's hang seng rose more than 1%. today, wall street prices finished out the week on a high note. on thursday, stocks finished higher despite a jump in jobless claims. the dow gained almost 30 points while the nasdaq was up 6. >>> inflation is creeping up and that has americans paying more for just about everything. according to the consumer price index, food costs rose half a percent in january, the most in more than two years and gas is up 3.5%. despite those higher costs, government officials don't expect inflation to be a major problem this year. >>> the government is reportedly taking a long, hard look at apple's new subscription service. according to "the wall street journal," the justice department has begun a preliminary antitrust investigation into the terms apple has set for media companies who want to sell their content throug

in new york, i'm ashley morrison. >>> apple rumored to be gearing up for a new improved ipad just when frank bought one. >> i did a month ago. go figure. the ipad 2 could be announced as soon as this week and shipped in march. it's said to be lighter, thinner and faster with more memory than the original. but its resolution and screen size would be about the same. >>> it's back to court for lindsay lohan. the 24-year-old actress will appear before a judge today. this time she is facing felony grand theft charges tied to the disappearance of a $2,500 necklace from a jewelry store last month. lohan's lawyers denny wrongdoing. the actress -- deny any wrongdoing. the actress is still on probation for a 2007 drunk driving case. >>> okay. so how much sleep did you get or do you get a night? >> not a lot. >> hey, how not enough sleep is being linked to potentially deadly medical conditions. just what we want to hear on this shift. >> plus the bond on the field was just the beginning. the life-saving gift a college coach gave to one of his baseball players all coming up. >> and this really ham

in new york, i'm ashley morrison. >>> local congresswoman plans to unveil a bill aimed at protecting consumers from online marketers. democrat jackie speier out of hillsborough has a news conference planned in washington tonight. the do not track bill calls for a system to let net users protect their personal information. they would be able to opt out preventing marketers from collecting and using data from their online activities. >>> it is 4:45. donald trump for president? what do you think? [ laughter ] >> i know. why??? why would he want to do that? why the apprentice host thinks he should be hired at the white house. >> plus, busy moms and bad eating habits. how holding jobs could be putting your kids health at risk. coming up. >> i had one that was burned in a beach bonfire. >> it happens to the best of us but should you get insurance four smart phone? we'll check out the companies that promise to save cash. this is the final day on thb for white house press secrey robert gibbs. gibbs >>> there could be a going away party at the white house today. this is the final day on the j

>> apparently not. >> ashley morrison here in new york. thank you so much. >>> the latest fallout now from the seating problems at the super bowl. nfl commissioner roger goodell says he knew there were problems with temporary seating sections. 1200 seats were declared unsafe. the league couldn't get it fixed in time. hundreds of angry fans didn't have seats for the game. monday goodell offered no excuses and apologized. >> we will certainly do a thorough review and get to the bottom of why it all occurred, but we take full responsibility for that as putting on this game. >> goodell says the nfl would offer the fans without seat refunds triple the face value of tickets. and they'll also get tickets for next year's super bowl game. >>> coming up, your tuesday morning weather. and in sports, the cleveland cavaliers set a new nba record and it is not a good one. we'll talk about it coming up. >> narrator: money watch sponsored by ice blue aqua velva. the choice of men for generations. aqua velva. men get it. choice of men for generations. aqua

ashley morrison reports those markets are lower today. >>> asian markets slipped again amid worries of global economic growth. japan's nikkei shed is 1% while hong kong's hang seng was down a fraction. stocks took a dive on the dow jones industrial average the worst day in 6 months, down 17 8 points, the nasdaq down 77. >>> the power struggle in libya pushed oil prices higher. overnight price hit a new two- year high up 30 cents near $96 a barrel in asia. the trouble in libya could disrupt supply. pipelines on libya's main export port have been closed. >>> higher fuel costs are taking a toll on airline stocks. delta, unite continental, u.s. airways and american airlines parent company dropped 5% or more on tuesday. that's your moneywatch. stay with cbsmarketwatch.com. i'm ashley morrison in new york. >>> last year has been declared the safest in aviation history for passengers traveling on western built jets. the international air transport association says there was only one accident for every 1.6 million flights in 2010. an estimated 2.5 billion people flew safely on nearly 37 millio

cbsmoneywatch reporter ashley morrison checking the overseas markets this morning. >> reporter: most asian markets saw a drop off. hong kong's hang seng and japan's nikkei both down by 1%. the price of oil rose near $99 a barrel. today wall street gets a look at the jobless claim numbers. wednesday was day two of the biggest sell-off in months. the dow was down 107 while the nasdaq dropped 33. >>> foreclosures are driving a slight rebound in home sales. according to numbers released overnight from realtytrac, foreclosures accounted for 26% of all home sales last year. in 2009, it was higher at 29%. a record number of foreclosures has forced home prices down in most markets. the median sales price for a home fell to its lowest level in nine years last month. >>> gm's road to recovery could pass a major milestone today. the auto giant is expected to report earnings of more than $5 billion. that would be general motors' first annual profit in 6 years. gm sells more than 70% of its vehicles outside the u.s. gm now sells more vehicles in china than in the united states. the u.s. governmen

with the rest of today's business news here's ashley morrison. >>> reporter: asian markets were helped by a weaker yen. japan's nikkei add add .5% while hong kong's hang seng climbed more than 1%. today wall street gets the latest on inflation and housing. on tuesday disappointing retail numbers pushed stocks lower. the dow was down 41, the nasdaq gave back nearly 13. >>> americans continued giving their household finances in order last month. credit card companies posted the lowest rate of defaults and late payments in two years. that's a strong sign that consumers had a better handle on paying bills but because the card companies aren't making as much from late charges they are increasingly jacking up rates for everyone to get their money up front. >>> and delta sky miles will no longer expire. under the previous sky miles system, flyers lost their miles if they didn't redeem them or earn new miles within 24 months. delta joins other carriers including united continental which has done away with expiration dates for miles. >>> that's your moneywatch. for more, stay with cbsmoneywatch

ashley morrison here in new york. thank you so much. >>> just ahead on the "morning news," burbank, california, getting a rare snow day. >>> plus a warm reception for oscar's brightest. a wrap of last night's big winners. this is the "cbs morning news." big winners. this is the "cbs morning news." i'm a coach. but when i was diagnosed with prostate cancer... i needed a coach. our doctor was great, but with so many tough decisions i felt lost. unitedhealthcare offered us a specially trained rn who helped us weigh and understand all our options. for me cancer was as scary as a fastball is to some of these kids. but my coach had hit that pitch before. turning data into useful answers. we're 78,000 people looking out for 70 million americans. that's health in numbers. unitedhealthcare. to have their close-ups taken by a fashion photographer. then we asked them to try new dove visible care. a revolutionary new line of body wash with the highest concentration of nutrium moisture. visible care makes skin visibly more beautif

in new york, i'm ashley morrison. >>> call it a new form of advertising.s came one another provocative ad campaign. >> this one is a head turner literally. take a look. it's known as rear view. a hidden camera on the back of some very form-fitting jeans. the new zealand company took it to los angeles to record all the stares and to prove what actually goes on behind women's backs. it caught everything from women looking at women to men sneaking a peek with their girlfriends nearby, two other men looking too long. >> it's so competition for girls, right, ladies? >> yes. >> okay. that's what i thought. >> i have a girlfriend so i'm good. >> right. this latest jeans ad has gone viral on the internet with more than 7 million hits in just one week. levi says the purpose is to promote the creativity of young artists. >> guys are in big trouble. >> busted. totally busted. >> i got news for you. they all take a look and now there's cameras everywhere. it's just not fair. >>> time for a look at what's coming up later this morning on "the early show." >> chris wragg

ashley morrison joins us now live in new york with the latest. . >> good morning to you, betty. hong kong's hang seng was one of many asian markets closed today to mark the lunar new year. japan's nikkei lost a fraction. today wall street gets the very latest on retail sales and a look at the weekly jobless claim numbers. on wednesday stocks finished flat. the dow gained almost two points while the nasdaq lost one. >>> ahead of tomorrow's january jobs report, there is some encouraging news on the labor front. the unemployment rate fell or stayed the same in december and two-thirds of the nation's largest cities, and five of them, washington, d.c., dallas, boston, phoenix, and minneapolis, reported large job gains. and a separate report is finding that private companies added nearly 200,000 jobs last month. much more than analysts were expecting. >>> verizon begins taking orders for the new apple iphone today. the carrier's offering several plans, voice and unlimited text starts at $60 a month. the preorders are only open to existing verizon custom

ashley morrison is here in new york with all of that. good morning, ashley. >> reporter: good morning. well, asian markets reacted to inflation news from china. the nikkei gained a fraction hitting a 10 month closing high while the hang seng lost nearly 1%. today wall street gets the latest on retail sales and the housing market. on monday stocks finished mix. the dow lost 5 points while the nasdaq closed up almost 8. the new york stock exchange, a symbol of american capitalism, may soon have new owners. in germany, the boards of the new york and frankfurt stock exchanges are expected to vote today on a proposed merger. the deal would create the world's largest exchange with the german side holding 60% of the combined company. >>> the white house is trying to make it a little easier to go green. their budget proposal calls for giving $7500 directly to electric car buyers rather than making them wait for a tax credit. it's part of the white house's goal of putting 1 million electric vehicles on the road by 2015. >>> general motors will pay

ashley morrison is here with that and more. >> reporter: there was profit taking among unrest in theiddle east. the nikkei tumbled nearly 2% while the hang seng fell more than 2%. today wall street opens up after the holiday and gets the latest on consumer confidence and the housing market. last week stocks finished with solid gains. both the dow and nasdaq added 1% a piece. >>> the turmoil in libya, a major opec supplier, has the price of crude soaring. this morning in asian markets, it reached $93 a barrel, a jump of almost $7. u.s. crude futures are at a 2 1/2 year high. analysts worry further unrest especially if it spreads in the region could lead to even higher costs. >>> where oil goes gas usually follows. aaa says the national average is now at $3.17, that's up a nickel in just the past two weeks. some analysts say it could be $4 a gallon or more by memorial day. >>> wall street gets another round of corporate earnings today with macy's, home depot and walmart among the big names to report. most traders are expecting bad news from america's biggest retailer. walmart is expect

ashley morrison is here in new york with the latest on all of that. morning, ashley. >> good morning to you, betty. asian markets slipped again amid worries of global economic growth. japan's nikkei shed nearly 1% while hong kong's hang seng edged down a fraction. >>> today wall street gets the very latest on home sales. stocks took a dive on tuesday. the worst day for the market in six months. the dow dropped 178 points, while the nasdaq fell 77. >>> the power struggle in libya has pushed the price of oil even higher. overnight oil prices hit a new two-year high, up 30 cents near $96 a barrel in asia. there's concern the trouble in libya could disrupt supply. libya's main oil export ports have been closed. >>> higher fuel costs are taking a toll on airline stock. delta, united, continental us airways, and american airlines' parent company all dropped 5% or more on tuesday. according to the air transport association, every penny per gallon per year increase means about $170 million in additional fuel expenses for the industry. >>> apple holds its annu

ashley morrison is here in new york with the latest on that.ood morning, ashry. >> and good morning to you, betty. asian markets rose for a second day. japan's nikkei shot up nearly 2% while hong kong's hang seng also climbed nearly 2% in a shortened session. on wall street it opens today with the dow jones industrial average above 12,000 for the first time in more than 2 1/2 years. on tuesday, strong corporate earnings helped send it up 148 points, while the nasdaq gained 51 since hitting a 12-year low in march of 2009, the dow is now up nearly 84%. >>> airfares are going up again. american airlines has added a $5 fuel surcharge on most of its flights while united has tacked on three bucks. other carriers are expected to match those hikes. it's the fifth increase since december. airlines hadn't used fuel surcharges since 2008 when oil prices spiked. >>> a high tech showdown is in the works after google accusing microsoft of cheating. google claims microsoft is stealing its search results for its own search engine bing. google set up a trap rec

in no, i'm ashley morrison in new york. >>> here's another reason to pack light. u.s. airways is raising the fee to check a bag heavier than 50 pounds on its domestic flights. it's now going up to $90 from $50. that's already on top of the $25 to check a first bag and 35 for a second. you could pay as much for the bag as for the flight. spirit airlines recently began charging extra for bags above 40. >> it's cheaper to buy new clothes at your new destination. >> or put on as many as you can. >>> the time now 4:46. show me the beef. how a lawsuit taco bell is turning into freebies for you. >> drinking diet soda could be putting your health at risk. >> so many gone. now i can't take it out. >> a bay area toddler in a tight spot. the tricky tool that got him out fingers intact. wounded 42 others. the attack happened >>> a suicide bomb attack in pakistan has killed several and wounded 42 others. it was at an army training camp. investigators say there are indications that the bomber was a teenaged boy. the bombing is being linked to the pakistani taliban. it is new evidenc

ashley morrison is here in new york with the latest on that. >> good morning, betty.ost asian markets saw a big sell-off. hong kong's hang seng saw deep losses before bouncing back with a gain of half a percent. while japan's nikkei was closed. today wall street gets the very latest on trade and hears the white house's plans for reforming mortgage giants fannie mae and freddie mac. on thursday tech stocks dragged down the market breaking an eight-day winning streak for the dow. the blue chips lost ten points while the nasdaq rose one. >>> fewer americans applied for jobless benefits last week than in nearly three years. first-time claims fell 36,000 to 383,000. economists say that figure needs to stay at or below 375,000 to make a significant dent in unemployment. >>> the days of super low mortgage rates appear to be behind us, at least for now. the average on a 30-year fixed loan is now above 5% for the first time in nearly a year. higher rates could further hurt sales ahead of spring's prime-time home buying season. >>> thousands of white collar workers in detroit w

ashley morrison in new york with more. >> good morning, terrell. most asian markets started with some corporate earnings reports. japan's nikkei gained half a percent while hong kong's hang seng lost more than 1%. today wall street gets the very latest on consumer crate. traders are looking to keep the rally going after last week's gains. the best of the market in two months. for the week the dow is up 2.2%, while the nasdaq gained 3%. >>> officials at the nasdaq exchange say no customer information was compromised as the result of cyber attacks. "the wall street journal" reported over the weekend the exchange has been the target of hackers for the past year. but that the part of the system that executes trades was not breached. nasdaq officials say trading should resume as normal this morning. >>> a high profile merger online. aol has agreed to buy the news website huffington post for $315 million. the merger will create a media group with combined base of 117 million visitors a month here in the u.s. and more than double that internationally. fou