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Dec 22, 2017
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. >>> the holiday travel rush is on during one of the busiest travel seasons of the year eric chemi is at the very exotic newark airport, terminal b, apparently what's the scene like, eric? >> reporter: that's right, you can see a lot more people coming in, the evening rush is starting you can see the lines building up behind me 16 million people are expected to travel this holiday season. that's 26% more than a normal weekend like a couple of weekends ago what's interesting for the airline industry, it's 1.5% more flights compared to last year's holiday season but 3% more people compared to the season. the industry is finding a way to get more flights and get more people per flight. if you want take a look at one corporate angle today, there was a fire at dallas love field, a big hub for south west airlines. they had to evacuate the terminal nobody was getting in and out for 30 minutes it's back to normal now but you're seeing ripple effects through the southwest network, if you're waiting for a plane or connection, that could be a problem, watch out for that this weekend, melissa >>
. >>> the holiday travel rush is on during one of the busiest travel seasons of the year eric chemi is at the very exotic newark airport, terminal b, apparently what's the scene like, eric? >> reporter: that's right, you can see a lot more people coming in, the evening rush is starting you can see the lines building up behind me 16 million people are expected to travel this holiday season. that's 26% more than a normal weekend like a couple of weekends ago what's interesting for...
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Dec 28, 2017
12/17
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for "nightly business r" i'm eric chemi in the bronx. >>> and that is "nightly busine for tonight. i'm tyler mathisen. . >> this is "bbc world news america." funding of this presentation is made possible by the freeman foundation, and kovler foundation, pursuing solutions for america's neglected needs. and now, "bbc world news." sharanjit: this is "bbc world news." i'm sharanjit leyl. our top stories -- in syria, the first evacuations begin, rebel-held suburb of damascus.
for "nightly business r" i'm eric chemi in the bronx. >>> and that is "nightly busine for tonight. i'm tyler mathisen. . >> this is "bbc world news america." funding of this presentation is made possible by the freeman foundation, and kovler foundation, pursuing solutions for america's neglected needs. and now, "bbc world news." sharanjit: this is "bbc world news." i'm sharanjit leyl. our top stories -- in syria, the first evacuations...
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Dec 29, 2017
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with stories of confusion and surfacing in some states, we sent eric chemi to greenburgh, new york to see how residents there are handling the rush to beat the deadline and save a deduction. >> reporter: homeowners in a handful of states are rush to go visit their local tax collector's office to prepay as much of next year's property taxes as possible. there are long lines with confused residents. >> if we can pay part of it this year to get the deduction which we're not going to allowed to get next year, doesn't that make sense? it wou save money. >> the thing that frustrates me is the sense of havoc that we have. one day to the next, we don't know what to do. >> reporter: in this town, the government rushed to accommodate these last-minute taxpayers. not every town has been quick to adjust to the rules. >> we don't know how the irs would handle this. we were careful, the budget was approved by the town board. we're not accepting taxes that haven't been assessed by the the people who live here could not pay everything because the county decided not to provide 2018 bills to quickly. >
with stories of confusion and surfacing in some states, we sent eric chemi to greenburgh, new york to see how residents there are handling the rush to beat the deadline and save a deduction. >> reporter: homeowners in a handful of states are rush to go visit their local tax collector's office to prepay as much of next year's property taxes as possible. there are long lines with confused residents. >> if we can pay part of it this year to get the deduction which we're not going to...
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Dec 22, 2017
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for "nightly business r" i'm eric chemi. >>> the american economy expanded at its fastest pace in more than two years in the third quarter. the final reading of gross domestic product came in at 3.2% annual rate. slightly lower than the last reading. an increase in business spending offset a slight decline in consumer pending. the report marks the first time since 2014 that the economy experienced growt of 3% or more for two >>> a former top economic adviser to president george w. bush is reportedly being considered for the job of vice chair at the federal reserve. it's larry lindsey. he also served as a governor of the central bank from 1991 to '97. as first reported by cnbc, mr. lindsey has expressed interest in that position. the vice chair seat was vacated in october by stanley fisher for personal reasons. >>> on wall street, stocks traded higher after a growing list of companies said they would spend their tax savings on higher wages and investment. that helped lift the mood of the market and bank and energy shares helped lift the major averages. the dow jones industria added 55 p
for "nightly business r" i'm eric chemi. >>> the american economy expanded at its fastest pace in more than two years in the third quarter. the final reading of gross domestic product came in at 3.2% annual rate. slightly lower than the last reading. an increase in business spending offset a slight decline in consumer pending. the report marks the first time since 2014 that the economy experienced growt of 3% or more for two >>> a former top economic adviser to...
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Dec 26, 2017
12/17
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thank you, eric chemi. >>> "check, please," is next resolution #1: binge more.arrier, and get four unlimited lines for forty bucks each. with netflix included. watch however you want. on your phone, tablet, or tv. let's rock this joint! they always refer to me as master sergeant. they really appreciate the military family, and it really shows. we've got auto insurance, homeowners insurance. had an accident with a vehicle, i actually called usaa before we called the police. usaa was there hands-on very quick very prompt. i feel like we're being handled as people that actually have a genuine need. we're the webber family and we are usaa members for life. usaa, get your insurance quote today. >>> check, please. >> we'll look at the biggest on the dow, apple on the report of the taiwan economic daily saying apple would cut its number of "x" to 30 million units. and if you mix it in with the vortex in the markets now, the idea that you need to rotate out of technology and into financials and energy and retail, some of the more beaten-down sectors, and we could see pr
thank you, eric chemi. >>> "check, please," is next resolution #1: binge more.arrier, and get four unlimited lines for forty bucks each. with netflix included. watch however you want. on your phone, tablet, or tv. let's rock this joint! they always refer to me as master sergeant. they really appreciate the military family, and it really shows. we've got auto insurance, homeowners insurance. had an accident with a vehicle, i actually called usaa before we called the police....
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Dec 21, 2017
12/17
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eric chemi is in the newsroom. >> reporter: q&a just began just about a minute ago north america and asia were worse than estimates, that's a big takeaway the company wanted to talk about how they're relying more on their direct to consumers business, not retailers in general. here's what ceo mark parker had to say about that a few minutes ago. >> while the athletic marketplace continues to shift, we're very confident in the factors of our business that we control. through our consumer direct offense, we're identifying which consumer opportunities have the most upside, and we're overindexing in those areas to fuel growth. >> notice how he talked about the factors they can control because a lot of the factors they can't control have not been working well for them. what they're focused on is connected wearables, things like the nike app, to give them more information about their customers so they can figure out individually what each person wants. the company talked about extending their pilot that sells directly, nike goods directly from nike on amazon. they also mentioned they'll lau
eric chemi is in the newsroom. >> reporter: q&a just began just about a minute ago north america and asia were worse than estimates, that's a big takeaway the company wanted to talk about how they're relying more on their direct to consumers business, not retailers in general. here's what ceo mark parker had to say about that a few minutes ago. >> while the athletic marketplace continues to shift, we're very confident in the factors of our business that we control. through our...
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Dec 26, 2017
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. >> eric chemi is joining me with more details on the ratings company. an equifaxlike company that rates whether you're a problem returner. it's called the retail equation. its main goal is to help stores stop fraud, like thieves trying to get cash for stolen goods, organized crime printing fake barcodes to change the prices on expensive items, even extreme return-a-holics who constantly buy and return things and shoppers who return clothes after wearing them plenty of shoppers who do nothing wrong could be banned if their return matches a pattern displayed by the crooks. the retail federation works with 25 of the top 100 retailers, including best buy, vick tomorrow yotorah' secret and nike. that's why you're asked for your driver's license at the counter, so they can track you. they say it's not a perfect process and innocent shoppers might get falsely banned this week if that happens to you, you contact the company to get your return history and ask to be unblocked. the good news is the information does not get shared among retailers, so a ban to one re
. >> eric chemi is joining me with more details on the ratings company. an equifaxlike company that rates whether you're a problem returner. it's called the retail equation. its main goal is to help stores stop fraud, like thieves trying to get cash for stolen goods, organized crime printing fake barcodes to change the prices on expensive items, even extreme return-a-holics who constantly buy and return things and shoppers who return clothes after wearing them plenty of shoppers who do...
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Dec 26, 2017
12/17
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for those of you looking to return unwanted holiday gifts today, you may want to take a seat our eric chemiback at hq with the reason why. >> reporter: that's right. a full so% of holiday sales are returned and today is usually the biggest day all year for returns, but be careful when you return that unwanted gift because you're being tracked, and you might get a one-year ban from any future returns at your favorite store that's because there's an equifax like company that rate whether you're a problem returner it's called the retail equation. its main goal is to help stores stop fraud, like telling people who repeatedly repair it and return t.crooks trying to get cash for stolen goods and organized crime changing bar codes to change the price on expensive items. regular shoppers who do nothing wrong might get caught up if they turn something matching a pattern displayed by crooks. 25 of the top is hundred retailers use its service including best boy, victoria's secret, home depot, jc penney and nike and why you're sometimes asked for your identification card so retailers can track you. aft
for those of you looking to return unwanted holiday gifts today, you may want to take a seat our eric chemiback at hq with the reason why. >> reporter: that's right. a full so% of holiday sales are returned and today is usually the biggest day all year for returns, but be careful when you return that unwanted gift because you're being tracked, and you might get a one-year ban from any future returns at your favorite store that's because there's an equifax like company that rate whether...
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Dec 29, 2017
12/17
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eric chemi >>> andrew cuomo attacked the new law. >> there is no state in the united states of americaderal government more and gets back less than new york state we sent in $48 billion more than we get back. we subsidize every other state >> is he right joining us is sarah fagan and jerry bernstein to vice president biden, minorineither u are lawyers but i will ask the question, governor comuomo sayse will challenge of the law. could there be some ground to challenge the law or makes some trouble for republicans? >> thank you for pointing out that i am not a lawyer i don't see illegal ground here. i did talk to a few lawyers about this and no one quite understand what that ground would be you may not like the idea b but -- >> what's the end game, not being able to have any grounds on which to stand, what's the point? >> well, the point is a poi-- i cannot imagine it is getting more popular based on a bunch of people standing in line. that's going get worse as this bill becomes more of a challenge and melissa, you made a great point funding for the irs is down 18% in real terms and emp
eric chemi >>> andrew cuomo attacked the new law. >> there is no state in the united states of americaderal government more and gets back less than new york state we sent in $48 billion more than we get back. we subsidize every other state >> is he right joining us is sarah fagan and jerry bernstein to vice president biden, minorineither u are lawyers but i will ask the question, governor comuomo sayse will challenge of the law. could there be some ground to challenge the...
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Dec 28, 2017
12/17
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homeowners are opening into lock their 2017 deductions before the cap due is for the new tax law eric chemi is live with the story. >> reporter: i am in the county of the highest property taxes in the entire country there is hundreds of people in line here all day long seems like the entire town have been here paying their taxes here is the thing. it is complicated. it is village taxes and town taxes and state taxes, not all of them. do you know what those numbers are assessed for 2018. it is a partial payment of the things that they know. we talk to a lot of the people who's been waiting in line today. here is what they had to say of their experience >> to get the deduction which we are not going to be allowed to get next year. >> does that make sense to save money? >> everyone is trying to get it in so we can write it off in our taxes next year. once january 1st, comes that opportunity is loss. >> we are trying to save money not complicated. a lot of the people that i talked with, i asked them have you talked to a tax plan before coming here? a lot of people say no, we are going to come a
homeowners are opening into lock their 2017 deductions before the cap due is for the new tax law eric chemi is live with the story. >> reporter: i am in the county of the highest property taxes in the entire country there is hundreds of people in line here all day long seems like the entire town have been here paying their taxes here is the thing. it is complicated. it is village taxes and town taxes and state taxes, not all of them. do you know what those numbers are assessed for 2018....
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Dec 28, 2017
12/17
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so we sent our guy, eric chemi, out, to look into this he joins us now from a high-tax town in new york's westchester county more lineups there, eric >> reporter: it's just been lines all day long you can see them behind me hundreds of people have been in line at any one point in the day. this has been going on since 8:00 in the morning. people are coming in with crutches, they're on canes, they've got folding chairs they've been here early. it's been a long day a lot of questions, a lot of confusion. the line behind me, you see, is actually the one where people get their bill if you don't already have it then you go into another line on the other side, that's where you pay the bill actually andrew cuomo, governor cuomo from new york state, was on cnbc a few minutes ago talking about all the mess that was happening. you can listen to him here >> the way they financed it was by raiding the blue states why? because the senate doesn't have any senators from the blue states so they came up with a very convenient rationale, we'll raise money from the blue states, and we'll give it to the red s
so we sent our guy, eric chemi, out, to look into this he joins us now from a high-tax town in new york's westchester county more lineups there, eric >> reporter: it's just been lines all day long you can see them behind me hundreds of people have been in line at any one point in the day. this has been going on since 8:00 in the morning. people are coming in with crutches, they're on canes, they've got folding chairs they've been here early. it's been a long day a lot of questions, a lot...
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Dec 27, 2017
12/17
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good for holiday sponsors as well back to you guys >> all right, thanks eric chemi at yankee stadiumen we return, why prepaying a certain tax this week might save you serious dough in the new year orwh "ua othwkn e street" returns. it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. i used to have more hair. i used to have more color. and... i used to have cancer. i beat it. i did. not alone. i used to have no idea what the american cancer society did. research? yeah. but also free rides to chemo and free lodging near hospitals. i used to maybe give a little. then i got so much back. i used to have cancer. call 1-800-494-4357 today. your contributions to the american cancer society fund valuable research. but that's just the beginning. a cancer diagnosis can kick off years of challenge. and
good for holiday sponsors as well back to you guys >> all right, thanks eric chemi at yankee stadiumen we return, why prepaying a certain tax this week might save you serious dough in the new year orwh "ua othwkn e street" returns. it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in...
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Dec 22, 2017
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pick up my brother and sister while you're there, will you eric chemi in newark. >> reporter: yep, yepump checking tax reform from his to-do list what should trump tackle next? welfare, social security, infrastructure, something else larry kudlow has some ideas. he joins us next with his advice to the president. >>> plus, california has grown faster than the rest of the nation since the recession now many in the state are planning to move in part because 'lhahe new tax law wel ve all those details when we come right back. what's critical thinking like? a basketball costs $14. what's team spirit worth? (cheers) what's it worth to talk to your mom? what's the value of a walk in the woods? the value of capital is to create, not just wealth, but things that matter. morgan stanley ♪ ♪ ♪ ♪ what we do every night is like something out of a strange dream. except that the next morning... it all makes sense. fedex powers global commerce with vast, far-reaching networks... deep knowledge of industries... and, yes... maybe a little magic. ♪ well, it'sonce again.eason >>yeah. lot of tech companies
pick up my brother and sister while you're there, will you eric chemi in newark. >> reporter: yep, yepump checking tax reform from his to-do list what should trump tackle next? welfare, social security, infrastructure, something else larry kudlow has some ideas. he joins us next with his advice to the president. >>> plus, california has grown faster than the rest of the nation since the recession now many in the state are planning to move in part because 'lhahe new tax law wel ve...
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Dec 29, 2017
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property taxes in various states and no state has higher property taxes than our state new jersey eric chemi is live in hoboken with that story. how are the lines today there? i guess they lightened up a little bit, huh? >> reporter: so there are people that have been coming out, in and out, in front of the tax collector's office only 45 minutes to go before they close down for the rest of the year re a lot of people don't know what is going to be deductible. we talked to the newly elected mayor of hoboken this morning. as you can hear, he's not 100% sure either. here's what he had to say. >> we're following the lead of the state. the governor's executive order requires municipalities to accept prepramt prepayments for entire year. that said, it's unsure whether the prepayments would be dedu se deductible for the third and fourth quarter >> reporter: there you go. they've been come in hope to take that gamble they're here paying hoping to see if it's deductible here's what one person we talked with said about that >> i figured i'd take my chances. it's a little bit of an advance too t to the
property taxes in various states and no state has higher property taxes than our state new jersey eric chemi is live in hoboken with that story. how are the lines today there? i guess they lightened up a little bit, huh? >> reporter: so there are people that have been coming out, in and out, in front of the tax collector's office only 45 minutes to go before they close down for the rest of the year re a lot of people don't know what is going to be deductible. we talked to the newly...