and catherine t. macarthur foundation, committed to building a more just, verdant, and peaceful world. more information at macfound.org. anne gumowitz. the betsy and jesse fink foundation. the hkh foundation. barbara g. fleischman. and by our sole corporate sponsor, mutual of america, designing customized individual and group retirement products. that's why we're your retirement company. >> welcome, but be forewarned -- a few scenes in this hour are disturbing, because we are dealing with violence and don't want to hide what is true about it. as you know, one year ago this weekend, 20 school children and six educators were massacred at the sandy hook elementary school. the killer also murdered his mother, and then killed himself. 28 deaths in all, from guns. and across america, perhaps as many as 30,000 more have been killed since that fatal day. this is why i have asked richard slotkin to join me. he has spent his adult life delving into how violence took deep root in our culture, from colonial days to now. in

and catherine t. macarthur foundation, committed to building a more just, verdant, and peaceful world. more information at macfound.org. anne gumowitz. the betsy and jesse fink foundation. the hkh foundation. barbara g. fleischman. and by our sole corporate sponsor, mutual of america, designing customized individual and group retirement products. that's why we're your retirement company. >>> welcome. last month in sydney, australia, they threw an annual event called the festival of dangerous ideas. one of the main speakers was david simon, the writer and producer who created "the wire" and "treme," two television series that vividly portray the vast gap between rich and poor. nothing drives that great divide home, he said, like our prison system. >> you're seeing the underclass hunted through a war on dangerous drugs allegedly that is in fact merely a war on the poor and has turned us into the most incarcerative state in the history of mankind, at this point. in terms of just the sheer numbers of people we've p

major support for frontline is provided by the john d. and catherine t. macarthur foundation, committed to building a more just, verdant and peaceful world. more information is available at macfound.org. additional funding is provided by the park foundation, dedicated to heightening public awareness of critical issues. the wyncote foundation. and by the frontline journalism fund, supporting investigative reporting and enterprise journalism. additional funding for this program was provided by the arthur vining davis foundations. >> ( choir singing ) >> "the angel gabriel was sent from god to a city of galilee named..." >> narrator: every sunday, in every corner of the world... >> "...the virgin, betrothed to a man whose name..." >> narrator: ...people gather to hear a story. >> "...and the virgin's name was mary." >> narrator: for more than 2,000 years, that story has been told and retold. >> "...and to bear a son." >> narrator: along the way, each generation has found in its telling its own meaning and interpretation. >> "'...you shall call his name jesus...'" >> n

and catherine t. macarthur foundation, committed to building a more just, verdant, and peaceful world. more information at macfound.org. anne gumowitz. the betsy and jesse fink foundation. the hkh foundation. barbara g. fleischman. and by our sole corporate sponsor, mutual of america, designing customized individual and group retirement products. that's why we're your retirement company. >>> welcome. you knew from the start that pope francis was going to be different. the first pope in history to take the name of the patron saint of the poor, he speaks differently, in a voice we're not used to hearing, criticizing the "widening gap between those who have more and those who must be content with the crumbs." in his recent "apostolic exhortation" on "the economy of exclusion and inequality," he said quote, "the worship of the ancient golden calf has returned in a new and ruthless guise in the idolatry of money and the dictatorship of an impersonal economy lacking a truly human purpose. the worldwide crisis affecti

and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: tensions in the east china sea hovered over vice president joe biden's visit to beijing today. u.s. officials say he and chinese president xi jinping traded arguments over china's new air defense zone around islands that japan also claims. later, in a subdued session with reporters, neither man mentioned the issue. instead, xi emphasized that diplomacy is needed from both the u.s. and china to maintain regional peace. >> ( translated ): both the international situation and the regional landscape are undergoing profound and complex changes. regional hotspot issues keep popping up, and china and the united states shoulder important responsibilities for

and catherine t. macarthur foundation.mitted to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org >>> this is nightly business report with tyler mathisen and susie gharib, brought to you in part by. >>> street.com, up to the minute news and indepth analysis, we provide objective, independent ratings daily on over 4300 stocks, learn more at the street.com/nbr. >>> december downer, stocks start the new month with a loss. and one prominent voice says he is concerned about the market's lofty level, is he right, and can you still find value? >> cyber cash after a holiday weekend that was not so jolly, retailers hope that shoppers splurge. >>> and the government

and catherine t. macarthur foundation, committed to building a more just, verdant, and peaceful world. more information at macfound.org." anne gumowitz. the betsy and jesse fink foundation. the hkh foundation. barbara g. fleischman. and by our sole corporate sponsor, mutual of america, designing customized individual and group retirement products. that's why we're your retirement company. >> welcome. i want to tell you about a book you simply have to read. i promise, you will laugh and cry and by the end, i think you'll be ready for the revolution. the title is "this town," an up-close look at how our nation's capital really works. i can tell you, it's not a pretty picture -- the story of a city's bipartisan lust for power, cash and notoriety, so overpowering that everyone and everything else gets sucked into its undertow. government becomes no longer the servant of the people, but in the thrall of big money, lobbyists and a media happy to live off its fancy leftovers in a feeding frenzy of gossip and shallow s

and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: this christmas day brought new calls for a better world, but also, new violence. some spent the day just trying to stay warm, while others reveled in the cold. it was all part of christmas 2013. more than 70,000 people crowded st. peter's square on christmas morning, to hear pope francis call for peace that is more than just a lovely facade. he singled out the troubled corners of the earth. >> ( translated ): let us continue to ask the lord to spare the beloved syrian people further suffering and to enable the parties in conflict to put an end to all violence and guarantee access to humanitarian aid. grant peace to the central african republic, often for

and catherine t. macarthur foundation.mitted to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh >> this is "bbc world news america." >> funding of this presentation is made possible by the freeman foundation, newman's own foundation, giving all profits to charity and pursuing the common good for over 30 years, and union bank. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news america." >> this is "bbc world news america," report

and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: the federal reserve is ready to begin winding down its economic stimulus. chairman ben bernanke announced today the central bank will start reducing the bond-buying program next month. he said the economy has strengthened enough to make it possible. we'll hear some of what bernanke said, and dig into what it means, right after the news summary. the fed's finding of economic progress sent wall street soaring. the dow jones industrial average gained 292 points to close near 16,168-- a new record. the nasdaq rose 46 points to close at 4,070. the senate gave final approval today to a two-year budget agreement, 64 to 36. it erases $63 billion in automatic, sp

and catherine t. macarthur foundation.ant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org >>> this is "nightly business report" with tyler matheson and susan. brought to you by. >> the street.com. stock market news and in-depth analysis and our service provides objective, independent ratings dale owe over 4300 stocks. learn more at the street.com/mbr. >>> markets rally. the economy showing signs of strength and that put investors in a buying mood one day before the start of a critical fed meeting and a budget vote in washington. >>> what a difference a year makes. growth in the economy. agreement in washington, but are investors really out of the woods? >>> and losing focus, google buys

and catherine t. macarthur foundation.tted to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org >>> this is nightly business report with tyler mathisen and susie gharib, brought to you by? >> street.com, news and indepth analysis, we provide objective independent ratings daily on over 300 stocks, learn more that the the street.com/nbr. >>> focus on washington as the budget deal inches closer in d.c., there is a chance of a taper increase at the next fed meeting. what does it mean for taking stock. >>> and the new american airline, the world's largest carrier is open for business. but is bigger really better? >>> and rents are rising, and rising fast, but are

and catherine t. macarthur foundation.ilding a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org this is bbc world news america. funding this have presentation made possible by the freeman foundation, newman's own giving up a profits to charity in pursuing the years good for over 30 and union bank. this is bbc world news america. washington, i'm nick. a civil war as the army prepares lawn much major attack on rebels. members of the russian punk band released from prison but they say ate nothing putin and unt from reaching goals after losing three limbs in afghan stafpblt running, biking and driving a few years after his injuries.

and catherine t. macarthur foundation.mitted to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org  >>> this is "nightly business report" with tyler mathisen and susie gharib. >> brought to you by street.com, a stock market indepth analysis, we provide objective analysis, learn more at the stocks street.com nbr. >>> the dow sets another record, not alone in flying high, many shares around the world say good-bye to 2013 with sizeable gains. >>> missing the bull's eye, what target needs to do to repair the trust of its customers and rebuild its brand. >>> and riding the bull, our market analyst says stocks that are a must have in the bull market.

and catherine t. macarthur foundation.ilding a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org  ack . >>> this is nightly business report with tyler mathisen and susie gar ib. >> brought to you by street.com, our rating service provides objective, independent ratings daily on over 4300 stocks. learn more at the street.com/nbr. >>> flying high, investors start the week in a different mood, with the momentum continue? we have big investment ideas for 2014. >>> the economy, apple strikes a deal with the world's largest carrier, china mobile, opening up a massive new market for iphone. what it could mean for iphone shares, whou