ben low ma has had an inch and ha half. so today the rain ends. possible thundershowers this afternoon. but there goes our system. it's moving off and as it does temperatures left behind in the 50s almost for everybody. low 50s expect santa rosa at 47. there could probably be fog forms. upper 50s very, very low 60s on the high today. now cold, unstable air works its way in. even even though we get a break we will see possible showers and thundershowers. nothing too crazy on the rainfall today. tonight and tomorrow we start to ramp things up again. the next front comes in. showers today. rain tomorrow. some of the amounts could be decent here as we go into friday. showers cooler. we will see some sun here. partly sunny to mostly cloudy here. 50s upper to 60s low on temperatures and extended outlook. rain returns thursday. showers cooler on friday. things will calm down and be warmer on the weekend. >>> we now know the inspiration beline the hometown of the simpsons. they have made a long running joke of hiding the exact location of springfield. but

into the central valley and around salinas, watsonville,s who listster rain, morgan hill, los gatos, ben lowed, cold air in place so the -- ben lomond, cold air in place. rain/snow mix in the higher elevations. with the cold air and upper level continuing to get closer to the bay area and sinking south to the east this is what we are getting generating showers here. i don't think the dynamics are as strong as they yesterday. we have most of the elements in place where we could see storm south lake tahoe snow there half inch of rain in the past 24 hours napa, inch and 3/4 in oakland some say more came down it was coming down so hard last night with over 3/4 of an inch in san jose. snow tells from two feet at tahoe donner, 19 inches alpine meadows, a foot in truckee, 13 inches at squaw. 49 san rafael, 54 mountain view, highs chilly, gusty winds at the airport. afternoon showers possible thunderstorm today, sunny and mild for the weekend. we are looking at that snow coming down in the mountains with another foot above 6,000 feet until 8:00 tonight. look at what happens this afternoon, generous

into the central valley and around salinas, watsonville,s who listster rain, morgan hill, los gatos, ben lowanned, cold air in place so the -- ben lomond, cold air in place. rain/snow mix in the higher elevations. with the cold air and upper level continuing to get closer to the bay area and sinking south to the east this is what we are getting generating showers here. i don't think the dynamics are as strong as they yesterday. we have most of the elements in place where we could see storm south lake tahoe snow there half inch of rain in the past 24 hours napa, inch and 3/4 in oakland some say more came down it was coming down so hard last night with over 3/4 of an inch in san jose. snow tells from two feet at tahoe donner, 19 inches alpine meadows, a foot in truckee, 13 inches at squaw. 49 san rafael, 54 mountain view, highs chilly, gusty winds at the airport. afternoon showers possible thunderstorm today, sunny and mild for the weekend. we are looking at that snow coming down in the mountains with another foot above 6,000 feet until 8:00 tonight. look at what happens this afternoon, genero

measurable amounts in santa rosa, they are found in ben low man, there is a lost moisture in place, it will be 50s and 60s on the lows and we are starting off really mild. not only at the airport but also downtown. two systems one to the south of us will focus but we are on the northern edge of it and it is also increasing some of the drizzle and light rain and a system to the north will come in and that will be on thursday so it will be a double header here. there will be some light rain but as we head towards tomorrow, it gets green and i think we will get some light rain. it will take us to a very cool pattern so friday it is out of here. partly sunny skies, a few showers, a little bit of sun and 60s and 70s on the temperatures. there could be some thunderstorm activity and cooler with that system sliding by on thursday and warmer on the weekend. >>> time now 6:10, it has stunned the community of morgan hill. how sierra lemar's disappearance is affecting every parent and every student in that town. >> you can put whatever letters you want it to mean. >>> three letters at the heart o

tom more rel low and ben harper. 12:35 on your local nbc station. >>> it is time now for the first look at entertainment news. win film beat the experts at the box office. despite expectations, think like a man got its second straight number one finish. in another upset, the animated film the pirates, ban of misfits, old with more than 11 million to take second. zak efron, the lucky one, did better than expected and took in over 11 million to finish third. you want to go see that, right? producer judd apatel klunked -- >> the name alone. >> not on your list? >> five year engagement? >> jason statham's safe underperformed opening with 7.7 as did john cue sac's raven debuting with $7.3 million. the biggest news coming from overseas. the avengers opening next friday. the opener earned $178 million. it notched the biggest opening weekend ever in 12 markets. so that's the -- the comic book, the avengers? is that what that is? >> it was supposed to be rivalries marvel. >> we have no life. >> this was in the '60s. >> you go

low. i just got off the phone with the baltimore city elections. as of now turnout 5.2%. senator ben cardin is up for reelection. he's trying to get the voters to come out at cross-country elementary school. here there's two precincts. they're higher than the city average. 8% at one precinct and 6% at another. senator cardin saying it's important to come to the poll. >> elections are already excited. it gives me a chance to present what i've done over the past five years. so we've been all over maryland. we're feeling good about this election, kept it very positive and encourage people to come out and vote. that's what the democracy is all about. >> reporter: he's facing a challenge from state senator anthony muse, a pastor from prince george's county and also a state senator trying to take senator ben cardin's job. they always say low turnout benefits the incumbent. the weather is absolutely beautiful. the polls will be open until 8:00, still time to come out here and vote. live in northwest baltimore, christian schaffer, abc2 news. >> we'll continue to follow the latest political n

there is a low likelihood of an agreement. >> ben kiernan has condemned syria's -- ban ki-moon has condemned the attacks. >> the security council is waiting to hear kofi annan's assessment. it is up to mr. annan to take the time and space to get this plan to work. it is his call in assessing whether the government is keeping its promise or not to end military operations by the deadline of tuesday, april 10. given the fact the violence has been escalating and given the fact the government has come up with these new conditions, for keeping its commitment, it seems not likely that deadline will be capped. we do know that kofi annan has not given up on the plan. he is working and had contact with syria's allies asking them to put pressure to comply with its commitments. it is not clear what the next steps will be diplomatically if, in fact, it becomes obvious the plan has completely unraveled. on the one hand, kofi annan cannot ignore government violations because that means his credibility is at stake but on the other hand, he would be reluctant to fully declare the plan a failure because that

it's clearly the new jim crow laws as applied to interest rates if you're a friend of ben bernanke you can lobby for low low interest rates near zero percent if you don't give me a zero rates on the blow up this economy going to financial terrorist like on goldman sachs or jamie done but if you're a student you got loans to create a job we're going to build the economy to create the savings then you're going to have a doubling in our interest rates that's a financial jim crow law well but it's also this notion that the solution to everything is cheap interest rates and cheap interest rates will make every single human problem go away a quote here from cecilia munoz director of the white house domestic policy council said we must keep rates low so more americans get a fair shot a more affordable education and a clear path to the middle class well interest rates have been low they've been declining max for thirty years why then has the middle class also been declining if the only way to the middle class is low rate you tell me max where is the middle class because selective interest rates engineering the

the governor told me today that he believes ben bernanke will keep rates low until at least 2014. he is not expecting a major spike in rates any time soon. . more from the milken conference later on in the fro pro gram. we are wrapping up all of the numbers here where we saw a fraction of losses today. nothing it write home about, bob. and we also closed the levels. >> i just talked to scott here about what was going on the at close. we did have a modest rally going into the close. can you attribute this to the squaring away of positions but the dow jones did end in positive territory for the month. it had been negative going in five minutes before. looks like it is fracturely positive. the s&p 500 though did end to the down side, down about 0.8%. spain, brazil, germany, all did worse on the month. so the bottom line is, it is nothing to write home about. these are not quite final numbers but i think we are down 0.8%. we did outperform the rest of the world though asia, china and hong kong did do better. the disappointing chicago numbers, pmi numbers, i think is weighing on the ma

another thing the fed did is they kept interest rates at historic lows near 0. bhu bendid say there is a bit of a wild card. that is europe and sort of the blow ball financial markets and what kind of impact. that is really a wild card in all of these predictions. >> the vice chairman of the walmart reooined but not of walmart? >> right, he resigned from a 3w0rd that he sits at on met life. but apparently he doesn't have day to day responsen'ts. he's retiring on july first as planned. walmart is moving forward with its own internal investigation. walmart shares continue to fall. investors are not sure about what the deal and financials are. it's all about damage control after these allegations to cut through all the red tape and make it easier to get the walmarts built in mexico, but you're seeing in some sort of way that heads are beginning to roll. >> that's today's "reporter roulet roulette." a dad can't understand bhie his autistic son is misbehaving in school until he puts a wireless mike on the child. you won't believe what the dad hears when the child comes home.

we have talked a lot about quantitative easing low interest rates and its effect on savers and even now and again we hear someone on capitol hill and ben bernanke you about it rarely though here's an example. are you concerned at all about the very very very low interest payments that these savers are getting from these kinds of fixed income assets which are which are hitting our our savings and investment side of the economy. well ben bernanke isn't concerned enough that he does anything differently but it seems the treasury select committee and u.k.'s parliament is taking the side of the savers m.p.'s there want the government to compensate the pensioners and savers for the money printing impact on them by suspending the income tax on savings interest so basically they want savers to be compensated for the central bank's policies weeding through the zoster. which our country everything has to pay every year and we can't just have normal interest rates we have to have these kind of ok. and lower rates year raise them back tax year give me a break and i just look a little work out if you like goes to the local market rate blog post wel

low 60s here. we've been stuck in this pattern ben stphaeurbl rain day after day, one more day and here come the nicerdrier weather we could be done. i think it is a good thing. >> i like that, beneficial rain. jeer dealing with the winds and the beneficial rain. check out wait looks like in the sierra. -- chains are required on i-80 and highway 50. let's go live to russ, all the snow good for the season, right? >> we are loving it now, two to four inches last night. right now it is beautiful here at heavenly, sunshining, you can see behind me on the north shore snow starting to come in a few hours we are expecting another two feet maybe tonight into tomorrow this weekend going to be fantastic, a lot of great events, fashion, -- fashion show, patrol fundraiser, lots of music, fun stuff, great time to come out see the passes on sale for next year a pass that combines heavenly, kirk wood, tahoe, we encourage people to come up. >> what a nice long ski season, thank you. >> we'll be right back. >> before we two -- we go, do you have giants' fever? we want to see it. [ inaudible ] . >>> breaking news from

low 60s here. we've been stuck in this pattern ben stphaeurbl rain day after day, one more day and here come the nicerier weather we could be done. i think it is a good thing. >> i like that, beneficial rain. jeer dealing with the winds and the beneficial rain. check out wait looks like in the sierra. -- chains are required on i-80 and highway 50. let's go live to russ, all the snow good for the season, right? >> we are loving it now, two to four inches last night. right now it is beautiful here at heavenly, sunshining, you can see behind me on the north shore snow starting to come in a few hours we are expecting another two feet maybe tonight into tomorrow this weekend going to be fantastic, a lot of great events, fashion, -- fashion show, patrol fundraiser, lots of music, fun stuff, great time to come out see the passes on sale for next year a pass that combines heavenly, kirk wood, tahoe, we encourage people to come up. >> what a nice long ski season, thank you. >> we'll be right back. >> before we two -- we go, do you have giants' fever? we want to see it. [ inaudible ] . >>> breaking news from mo

. >> once again this week we heard ben bernanke say they're going to keep interest rates at low levelsecause of that the market rallies. >> the way the fed operates is it materializes -- this is incredible. it's true. it materializes dollar bills from thin air, or more literally, from the keyboard of a computer. the fed decides that the world would be better off with $100 billion more. time was in the distant past, the government would have to go out and actually crank the press and print this money from a paper stand. now thanks to digital technology the fed and its counterparts around the world can materialize this money effortlessly. >> the average investor is watching lots of mixed signal. but still looking at the first quarter ending as the best quarter since 1998. so what's the big risk to the average american retail investor or even a consumer from the central bank policies? >> one big risk is the possibility of a serious inflation on account of the aforementioned money printing. another big risk is that we all kind of collectively take the fed's bait. the fed wants us to help t

lows again. >> of course, ben bernanke gave a speak etchier on the lessons learned from the financial crisis.et reaction to that coming up next. >>> are funeral and tax-related stocks a good addition to your portfolio? >> speaking of death and taxes, should the so-called death tax be killed off? send a tweet to @cnbc"closing bell" and @mariabartiromo. what do you think bill? tax or no tax? >> let it go. we'll find revenue somewhere else. >> tell us what you think. back in a moment. >> announcer: but, first, before we go to break, the dividend. which stock is this year's outperformer? coca-cola, dean foods, or kellogg? the dividend pays off after the break. ♪ there'll be the usual presentations on research. and development. some new members of the team will be introduced. the chairman emeritus will distribute his usual wisdom. and you? well, you're the chief life officer. you just need the right professional to help you take charge. ♪ ♪ i can do anything ♪ i can do anything today ♪ i can go anywhere ♪ i can go anywhere today ♪ la la la la la la la [ male announcer ] dow solutions help millions

at a news conference after the meeting, chairman ben bernanke said he expects interest rates to remain at record low levels and that gains made in hiring were likely caused by the mild winter. >>> on wall street, more positive earnings reports sent stocks higher. dow gained 89 points while a strong showing by apple helped the nasdaq have its best day of the year. the index added 68 points. >>> today we'll get the weekly jobless claims report from the labor department and data on home sales from the national association of realtors. eanwhile, the firm realty track is reporting foreclosures were up last quarter in more than half of the nation's 50 largest metro areas. >>> and animal rights groups are applauding an announcement from the world's second largest fast food chain. burger king says all of its eggs and pork products will come from cage-free animals by 2017. food industry analysts say a growing number of consumers are concerned about animal welfare. egg and pork producers say easing animal confinement standards will raise costs. it's good to see they're making changes there. >> free range, rig

. >> ben eisler, abc 7 news. >> a diet full of low-fat dairy could lower your risk for a stroke. research -- swedish researchers followed women over 10 years. those who ate the most low-fat dairy foods were less likely to have a stroke. high blood pressure is a high risk factor for its drug. health officials warn the measles virus is back in stronger than ever. 2011 was the worst year in the past 15 years. it is a significant increase from about 60 per year. people who had the virus were not vaccinated. >> it might be hard to believe but today marks the second year anniversary of the explosion of the oil rig. while beaches are clean and tourism is on the upswing many are concerned the environmental disaster is still unfolding. marine life could be showing signs of oil related illnesses. >> we have some signs of deformed shrimp. >> a recent helicopter tour revealed a clean coastline. the british oil giant clams to spent $8.3 billion to dampen the impact of this bill. but pictures like these show that the impact is all real. >> now, here is a story where curiosity saved in the cat.

it also held firm to its plan to keep short-term interest rates low, at least through late 2014. fed chairman ben bernanke said the fed is not planning any further stimulus, but it is keeping close watch. >> we remain entirely prepared to take additional actions if necessary to achieve our objectives. so those tools remain very much on the table and we will not hesitate to use them should the economy require that additional support. >> holman: on wall street, stocks made new gains, powered by strong earnings from apple and other major companies. the dow jones industrial average gained 89 points to close at 13,090. the nasdaq rose 68 points to close at 3,029. britons got the grim word today that their economy has fallen back into recession. economic output slipped at the start of the year, for the second quarter in a row. that left conservative prime minister david cameron to defend his deficit cutting, under sharp criticism from the labor party. we have a report from tom bradby of "independent television news." >> it's the brave action of this government that has lifted our economy out of the dan

no causal relationship between the one percent interest rates the artificially low rates and that housing bubble in fact ben bernanke even went further to absolve freddie and fannie of all responsibility ben bernanke he thinks the financial crisis the real estate bubble was simply the result of malfeasance on wall street and the only fault he has in the fed was that they didn't regulate wall street into banks enough so ben bernanke he is completely clueless and i believe that ben bernanke he is putting a dollar on a collision course with disaster he is going to put print the currency into oblivion you know which is why people need to be on a gold standard people need to save gold you can't trust the central bankers they will keep on printing money they will keep interest rates down they are clueless about what would drive really konami growth and so they're going to continue to destroy the currency so if you know of your look at a gas prices or food prices if you're planning on buying these things with paper you're going to need a lot of it because the price is going to go way up but if you want to preserve

lows, at least through 2014. following this meeting, fed chief ben bernanke will hold a press conference. investors want to know if the feds plans to inject any more stimulus into the economy. >>> gas is no cheaper in most of the country that it was a year ago. prices at the pump down 9 cent as gallon since the beginning of the month. aaa says the national average is now $3.85 though i can't seem to find that in my area. that was a penny lower than this time last year. experts say the price of gas is coming down now because crude oil prices are lower. we just seem to be holding a bit above the national average. >> i'm thinking $4.09 is a bargain. >> it's costing 70, 08 bucks to fill up our minivan. >> i was looking at the fuel estimates the last five years. they're talking $5.50 a gallon. time to move to hybrids or electric or something. ford focus. >>> a local county is going to keep middle school students in school for a little bit longer starting in august. >> your wester first when we return in -- your weather first when we return in two minutes. >>> 4:45. do we have any wind out ther

ben bernanke holding a news conference. he's just begun. >> -- economic conditions exceptionally low levels of the federal funds rate at least through late 2014. our program to extend the average maturity of the federal reserve security holdings announced in september will continue as scheduled. each of these policy actions is intended to foster accommodative financial conditions that support the economic recovery in a context of prit price stability. in conjunction with today's meetings, the participants, the five board members and 129 reserve bank presidents, submitted their individual economic projections and policy assessments for the years 2012 to 2014 and over at the long run. these projections serve as important inputs into the committee's deliberations. incoming information suggests the economy has been expanding moderately. most committee participants expect economic growth to remain moderate over coming quarters and then pick up gradually. among other factors notwithstanding signs of improvement the ongoing weakness of the house are sector represents a head wind for recovery. straining in global, less pronounced th

low beta stock. it pays generous dividends and a solid company. >> ben, what about you. >> spiders are the market andi think you can't do better than that. and the other two are great choices.

low beta stock. it pays generous dividends and a solid company. >> ben, what about you. >> spiders are the market andi think you can't do better than that. and the other two are great choices. >> and then confident that the market is going to be stable or get worse. not at all. >> i am not confident about anything except i like mcdonalds. >> dave asbin i don't know if he loves mcdonalds

ben bernanke and part of his p.r. spree he's been going on saying that. fed didn't cause the housing bubble that those policies in the two thousands of artificially low interest rates did not cause it who was at the helm then mr greenspan yeah mr bubble channon we have to say about mr bubbles and the hero ben bernanke i think because greenspan has come under so much pressure he's just trying to play big brother. here but i'm not buying we're not buying it we're all in agreement here so let's move on because it's been a rough couple of weeks for goldman sachs needless to say here is another p.r. fiasco to add to the list so it turns out goldman sachs had a thirty million dollars stake in village voice media which has come under fire for its back page dot com website now in an op ed in the new york times over the weekend columnist nicholas kristoff says this site is the biggest forum for trafficking of underage girls in the u.s. so indirectly now goldman sachs was linked to the child sex trafficking allegation so what happened then. and over the relationship goldman was in years since his cell industry. goldman just like we're out we're done we can handle anoth

federal reserve chairman ben bernanke said yesterday the central bank still plans to leave interest rates at their current low level until at least 2014 but says they are prepared to take action, if necessary. foreclosure activity increased in about half of the nation's cities in the first quarter, according to realty track, but overall, foreclosures were down compared to last year. >>> facebook says it will beef up security against hackers and spammers, eventually offering antivirus software to its 900 million users. dozens of 99% protesters marched outside of the general electric shareholders meeting in detroit yesterday, calling on the company and others to pay their fair share in taxes. ge, a minority owner of nbc universal, says its 2011 tax rate of 25% has been paid. >>> and a whopper of an announcement from burger king. it will be the first u.s. fast-food chain to have all of its eggs and pork come from cage-free chickens and pigs by 2017, a move meant to placate animal welfare critics. >>> a new member joins the 400 home run club and madden's nfl game meets this year's cover boy. >>> plus, washington

lows. and we'll dig in to the earnings state side, as well. >>> in the united states, ben bernanke down plays the expectations of any further easing in the near future. but doesn't close the door. >> we remain prepared to use balance sheet tools to support the recovery and to help make sure that unemployment continues its downward path. >> mixed results from european banks. barclays beats. santander q1 better than expected. but deutsche bank has been hit by a one off charge. >> and in japan nintendo promises to regain its shine this year after posting its first annual loss in more than 30 years. >> welcome back. you're watching "worldwide exchange." great to have you with us. let's go ahead and take a look at the u.s. futures and see how we're poised to open on wall street. we've pulled back a little sense i first checked the numbers, but the dow looking higher by 14, the nasdaq slightly under the flat line and s&p 500 higher by just about 2 points. this after we saw solid gains for stocks yesterday on some good earnings and a muted reaction to the fed comments that came out. of course we had

ben cardin, and i approved this message. winning tickets in the mega millions winning jackpot keeping a low profile.know the tickets were sold in kansas, illinois, and maryland, but tonight, no one has yet come forward to claim the winnings which by the way have gotten bigger. now $656 million each. meaning each winning will receive $208 million before taxes. the folks who track airline quality tell us u.s. airlines are performing at their highest rate in 22 years, though your own experience may vary. the researchers are from purdue and wichita state. they say the discount carriers, airtran, hawaiian, and jetblue led the industry in all of the major basic categories. hawaiian has the best ontime rate, probably because they're all anxious to get to hawaii. american eagle lost the most bags, and southwest had the fewest customer complaints. >>> since the morning of 9/11, the empire state building has once again been the tallest building here in the new york skyline, just as it was from 1931 to 1972 when the trade center was built. that's about to change again. the new so-called freedom tower going up

it also held firm to its plan to keep short-term interest rates low, at least through late 2014. fed chairman ben bernanke said the fed is not planning any further stimulus, but it is keeping close watch. >> we remain entirely prepared to take additional actions if necessary to achieve our objectives. so those tools remain very much on the table and we will not hesitate to use them should the economy require that additional support. >> holman: on wall street, stocks made new gains, powered by strong earnings from apple and other major companies. the dow jones industrial average gained 89 points to close at 13,090. the nasdaq rose 68 points to close at 3,029. britons got the grim word today that their economy has fallen back into recession. economic output slipped at the start of the year, for the second quarter in a row. that left conservative prime minister david cameron to defend his deficit cutting, under sharp criticism from the labor party. we have a report from tom bradby of "independent television news." >> it's the brave action of this government that has lifted our economy out of the dan

ben bernanke says the economy's getting stronger slowly. >> it's a little premature to declare victory. i think keeping interest rates low is still appropriate for our economy. >> the federal reserve has boosted its outlook for the economy this year now predicting growth up to 2.9% and unemployment rate as low as 7.8%. the news gave wall street a boost. jackie live at cnbc headquarters to check how the markets are. good morning, jackie. >> good morning, laura. well, the futures are mixed right now. the markets closed up on the back of positive earnings from boeing and apple. there was a muted reaction to the fed which left rates unchanged and reflected an improvement job market and higher inflation. we saw the asian markets higher overnight, european markets a touch lower. and here in the u.s., we'll get data on unemployment filings and pending home sales and as you mentioned, earnings from exxon mobil, pepsico, the nasdaq up 68 to 3,029. meantime, costco is america's second largest retailer and seventh largest worldwide selling everything from food to clothes to consumer electronics. here's some incredible stats. last y