fischer saying that the u.s.her capital and liquidity rules in place as a result of the dodd/frank legislation. now, he takes interesting views about breaking up the largest banks, saying it would be complex and the payoff would be uncertain. in that sense, he echoes comments by bill dudley. breaking up the biggest banks says would not end the need for the biggest bailouts, pointing out that the other was a result of smaller banks. too big to fail premium as has declined since the financial crisis, something he puts to the results of the dodd/frank regulations. too big to fail, however, is down due to financial regulatory reform. he also says that it raises questions, though, about the role of too big to fail in the financial crisis. he's not entirely sure it was the reason for it, but he supports rules that make bigger banks hold more capital, kelly. again, no comments yet. we'll be awaiting those to see where stan phifischer stands relative to janet yellen. always an issue with bringing in a big guy like stan f

fischer is now at the university of north carolina as a critical care physician. the experience left him shaken. >> with ebola, patients who die often die by themselves in a treatment facility without friends or family or even the comfort of a human hand. >> reporter: theres good news about the family of dr. brantley. the c.d.c. says they left liberia before he developed symptoms. unlike other viral illnesses, ebola is not cop stages untill symptoms develop. >> brown: israeli prime minister benjamin netanyahu warned his country today to prepare for a "prolonged conflict in gaza." in nearly three weeks of fighting, more than 1,000 palestinians have been killed, the vast majority civilians, 51 israeli died, all but three soldiers. don dahler begins our coverage ninight in tel aviv. >> reporter: mortar fire from gaza today killed 5 israeli soldiers and wounded several more. the i.d.f. says soldiers also battled militants who infiltrated israel through one of hamas' tunnels like this one. israel's prime minister warned the war would not be over while that threat remai

president stanley fischer probably decided there was another time to do it.dent plosser, who was all about considerable. >> the four of us could go on for an hour. how does this translate into running a business at the boardroom level? >> the macroeconomic situation clearly affects the assumptions you make for your business. thingsend of the day, like the news yesterday and stuff, that is not much of a surprise. these are baked in. when you start running international businesses, the world is now connected. happens in the u.s. affects india. people watch this, they never used to. quantitative easing is certainly something that affects many economies. the concept of everything is connected, that has implications. having said that, many of these emerging markets are pretty independent on their own as well. >> we will talk more about that in the next segment. we want to give you a heads up, we will show you our single best chart on snapchat and evaluations of tech startups. the valuation is drawing lots of eyeballs. we will be right back. ♪ >> good morning, bloo

eric fischer has the forecast. >> and these days the one thing more important than eating the food, taking a picture of it. >> maybe they will take a picture but say to the friend, you know, the food looks better than it taste. >> this is the captioning sponsored by cbs this is the "cbs evening news." >> jeff: good evening, everyone, i'm jeff glor, calls for a cease-fire continue though tonight both sides appear to be heading in the opposite direction. israeli tanks are massing at the gaza border. israel briefly did deploy ground troops inside the gaza strip this morning, a precursor to a possible ground invasion. in gaza city thousands of palestinians continue fleeing their homes. many taking shelter in united nations buildings. so far 167 have died in this latest conflict. more than a thousand have been hurt. we begin with holly williams in gaza. >> reporter: in a night of heavy fighting, israeli air strikes pummeled the gaza strip. four israeli commandos were wounded in a gun battle with palestinian militants. the first land incursion since this escalation began. and in this house 18 pe

fischer says the two big to fail sish hadn't been solved.the q & a sess, fish r fischer says he doesn't see any major threat to financial stability. >> at present, we don't face a very serious macro problem. there's a general concern about how strongly the equity markets are, but i think when you're dealing with equity, the stock market can go down without the financial crisis. >>> some people are worried about leverage loans to businesses, but that market is arcane. however, he says small problems can quickly turn into bigger ones. that's in direct contrast to what we heard from yellen earlier this week. now, elsewhere, president obama has offered israel help in brokering a cease-fire with the death toll calmly rises. president obama aild he could help. earlier, i spoke to jonathan, senior adviser to prime minister benjamin netanyahu. i asked for his thoughts that hamas statements say their backs are to the wall and they have nothing to lose. >> if their backs are against the wall, it's because they put them against the wall. they had every

i was told this week, my surge, suggested ken fischer, and i still suggest that in case mr.ald does not make it through the process -- >> he'll make it through jurick but he should be reaching out to people like admiral straw who can help them get the services into -- >> does it bug you in this case he is a west point graduate grad ñ?ñ?ñ?ñ?ñ? recent and they say e doesn't relate to the3rñ?ñ?ñ?ñ?i veterans. >> i say he wore the uniform and probably never took it off. so i trust him and his ability. but i can chop his head off and the organization still exists. we need to fix that middle management group. give him the authority to fire. the president asked congress before they left to do this and they took off with their tails between their legs and ran away,. >> right. >> then come back and stress us out for another month. >> you're very passionate and i always think that i don't see that in john boehner. i don't see that in the president. a lot of people who look at the president, what was his message to being no drama, obama, but some situations call from drama on everybody

brave, chris fischer fischer, he is in our green room and he will show us how a shark attack last weekendd. >>> it's time to show you headlines from around the globe. last year's government shutdown may have cause add baby boom and federal workers were sent home for two weeks and guess what this could go on for a while thanks to the harsh winter. >>> and then the g guardian say one drink a day can reduce the risk of heart disease. >> what about three drinks? >> no. >> a shirley temple is always good. >>> the mail online withdrew a story said that his mother-in-law opposed the wedding on religious grounds, and george clooney said, quote, i thank the male for its aology. not that i would ever accept it. >>> as we head into the weekend, beach safety may be on your mind after saturday's shark attack in southern california. a long distance swimmer survived a bite from a great white. and this was the first great white to be caught and spot tagged and it's the work of osearch who created ways to study the behavior of the species, and chris fischer is here this morning. >> thank you for having me

fischer is shaken by the experience. >> typically, when we're sick, we're surrounded by loved ones. with ebola, patients usually die in a treatment facility without friends or family or even the comfort of a human hand. >> the c.d.c. says the family of dr. brantley left liberia before he developed symptoms. >> with efforts to work out a cease fire going nowhere, israeli prime minister benjamin netanyahu warned his country to prepare for a "prolonged conflict in gaza." more than 1,000 palestinian killed in nearly three weeks, the vast majority civilians. 51 israelis died, all but three soldiers. >> reporter: mortar fire from gaza killed five and wound several more. the soldiers also battled soldiers who infiltrated tunnels. israel's prime minister warned the war would not be over while the threat remained. "we will not stop without eliminating terror tunnels. the only goal is to kill families and children and this was made clear again today ." four hours particularity a projectile hit a playground killing ten and a gaza hospital. the israeli difference force said "a short while ago a

william fischer treated a brother and sister. in west africa who sought help too late. >> they were so dehydrated they lost so much volume through diarrhea and vomiting that they were so sick. despite efforts to try to bring them back, we weren't successful and they died. >> reporter: the incubation period is anywhere from 2 to 21 days. the cdc says there's little risk to the american public but the agency is alerting u.s. health care workers to consider the virus when encountering travelers with flu-like symptoms. from affected countries. there's good news about the family of dr. brantly, the cdc said they left before the symptoms developed. and unlike many viral symptoms, ebola is not contagious. dr. jon lapook, cbs news, new york. >>> coming up on the "morning news," deadly shoot-out. a fugitive gets into a shoot-out with police on a busy new york street. >>> and a judge rules against donald sterling, clearing the way for a clippers sale. this is the "cbs morning news." ews." mbers will be getting all the goodies kids' jeans a

. >> mark fischer is a reporter for "the washington post" who writes a column on the story called "166chances to do the right thing." >> i think they ought to consider the fact that a person on the sidewalk is a person on the sidewalk. there is no excuse that so many passersby, in fact 166 of them, chose to walk by. >> hector gomez grew up in this neighborhood and now runs an organization dedicated to supporting business in the area. he says as disturbing as it is, he can understand why so many people just walked by. >> there are many homeless people and intoxicated vagrants in this neighborhood and throughout washington, d.c., that are laying on the ground, and you don't know if they're there just sleeping or if they're there drunk, passed out. so you do become desensitized to it. >> desensitized is right. watch as five minutes pass. ten minutes. a man even loads his groceries into his minivan over the motionless victim. now it's 15 minutes since sanchez hit the ground and still people just walking by. finally, after 19 minutes, an employee in the pan am market dials 911. paramedics a

fischer: thank you. madam president, i rise today to set the record straight. since the supreme court ruled on the hobby lobby case, a flood of misinformation has spread, distorting the true meaning of the court's decisions. we've seen misrepresentation of the case, i think to divide the american people and i find these scare tactics very disappointing it's time to move away from the overheated rhetoric and it's time for us to discuss the facts. "the washington post" fact checker has systemically rebutted a series of misleading claims from my friends on the other side of the aisle. the fact checker concluded that -- quote -- "simply put, the court ruling does not outlaw contraceptives, does not allow bosses to prevent women from seeking birth control, and does not take away a person's religious freedom. in other words, under this ruling no boss has the right to tell an employee that they cannot use birth control, and nothing in the decision, nothing, takes away women's access to birth control." all women continue to hold the constitutional right that was first

has the real potential to look significantly different in this cycle i think janet yellen and stan fischer and some of the others have very uncomfortable with the results of what's happened in this last time which is basically making banks and rich people richer. they thought there was a welcome that there is no wealth of all the research i mean there was another research back then and that those of us who were looking at that research that we didn't this is going to do any good it's not going to translate it's trickle down monetary policy and that's what i was arguing in getting four years ago that's what i. i was arguing this and i mean we were graphically arguing that a code red with. that policy is just absurd i think janet yellen do is figure out some way through to bring out her inner helicopter and they're going to figure out how to put money more directly into of main street pockets now i don't know what form that's going to take when you look at what state and fisher did when he was head of the central bank of israel he's one of the most respected economist in the world he puts pr

interview, you studied undergraduate economics with janet yellen, and your phd advisor was stanley fischerw the fed vice chair. are their views on how unemployment determines the course of monetary policy -- are they still in sync? >> absolutely. both of them have a very strong background in how labor markets affect the conduct of economic performance, where that is both inflation and output growth. they are both absolutely in sync on these issues, with regard to the natureyment and of unemployment -- because that is a key component of it right now. the nature of unemployment affects wages. it is across a broad set of wages, not just one little sector or one group of people. they are very much in sync. i do not see a lot of daylight between the two of them around the table. >> catherine man, professor of global finance at international business school of brandeis university. thank you for your time and your patience. we appreciate it. >> have a good day. >> janet yellen continues her semiannual testimony tomorrow before the house financial services committee. live coverage starting at 10:0

hour,just the past stanley fischer gave his first speech since joining the central bank is saying the financial stability oversight council may need more authority to guard against threats to the banking system. he added the panel could be given greater independence to address systemic risk. detroit lands to pay investors who alone its bonds $.34 on the dollar. it is part of a plan to pay two point 5 billion in unsecured obligations including debt and pensions and finally family dollar out with earnings. the company's first-quarter numbers missed estimates and they narrowed their forecast for the year. the day slightly down. those are the top headlines. the s&p 500 opened down nearly one percent today but iris stepped in -- buyers stepped in. one reason for the decline is portugal. there are secures -- concerns centered on the bank the spirit of santo. headme now is peter tchir, of macro at brean capital. back to the future with the european debt crisis and here is peter tchir. is this coincidence? what is going on? >> i think now europe has run waysourse and there is two this could p

fischer makes sure she reads to her little ones every day, and the girls eat it up. >> she reads to me, and she takes care of me. >> reporter: but many oakland children aren't so lucky. a recent study shows only 52% of oakland's low-income parents read daily to their children. >> because they hear fewer words, they learn fewer words, and they begin school with smaller vocabularies and struggle to catch up. >> reporter: now first lady hillary clinton is adding her name to the effort to turn that around. she came to launch a new campaign, soon hospital waiting rooms, bill boards will be the care teeiry being new messages,g parents to sing or talk or read to their little ones. >> you can talk about being in the bus, in the supermarket. it really doesn't matter as long as you talk. >> reporter: she sat down with a few little ones to read and chat, just as she once did with her own daughter chelsea. >> we read her books all the tile. i sometimes thought when she was pre-verbal she was thinking enough, enough of the reading. >> reporter: but kids can't get enough. and parents are grateful cl

. >> at the high school in middletown, randy fischer is one of those waiting to go back home. her husband is one of those who defied the order to leave and has been calling her with updates. >> reporter: did he say any houses there were being threatened? >> right now i don't think they're in immediate danger. >> reporter: in berries sa, trevor is another one who refused to go. >> i came in. if need be, i can leave on a boat in the night. >> reporter:'s been watching the winds swing around towards the community. >> we live in a matchbox full of matches basically. >> reporter: they are clearing brush, trying to get dozers around as much of it as they k right now it is moving north and east toward lake county and towards the community of barries sa estates. the cause of the fire is still under investigation. arson investigators are looking into the report that two boys with a weed cutter could have started the fire. this woman was shopping in santa rosa when she got the call from her husband. >> it was pretty frightening when i found out it was actually at my house. >> reporter:

might be a little different between fischer and yellen on this.lling, not a whole lot warning. let's just go to the companies who are saying it wasn't me. the bunch of companies out there the last couple days who were saying, it's the economy as to reasons why guidance is lower. popbelly we had yesterday on this show. rent assenter last night, family dollar, i think joe kernen's favorite company the container store, walmart, lumber liquidators, and here's a quote from the guy and bob evans as well saying the consumer is constrained here's a quote, macro economic pressures continue to burden our financially constrained consumers contributing to softer than expected demand in our u.s. business. so that's something that's been out there. that we have to follow. we did -- we know we sold a lot of cars. whether that hurt some of the discretionary consumption, we don't know. we'll have to be monitoring it. >> who do you have delivering alpha? >> i'm not doing anybody. >> you're kidding me? >> the person i asked decided not to come. >> who was that? >> i

however, you will still need to feed the meters operated by the port of san francisco at fischer minutes wharf and meters at at&t park as well during special events like game days. no more sunday parking, good deal! a little foggier this morning? >> yes. the high pressure is building in bringing a big, big warmup today a nice shot from the exploratorium camera where the temperature is 53 degrees. you see it is patchy over the city. near inland and it will be near 70 in the city. we will talk about the 100-degree heat on the way coming up. >> thank you. also next how a dog escaped from a boarding kennel after he got spooked by the fourth of july fireworks and the search to find him. >> get out of the water! get out of the water! >> also authorities scrambled to clear swimmers out of harm's way after one of a surfer off of southern california. what witnesses saw. we love thi! what's next? great! do you have measurements? yeah, i paced it off. it's about twenty by twelve of these. so, we can measure, plan and install it for you. yea, let's do that! ikea. professional kitchen services at a l

project has been shooting for the last week at scenes from fischer man's wharf and at&t park. >> comic-con was this weekend. more than 130,000 people descended on san diego for the annual convention. it becomes a hot ticket and sells out every year. fans got a peak at upcoming movies like "ant-man" and" the avengers." much more ahead. rising reward after three children are killed in an accident after a carjacking. and how authorities are starting to crack down on car thieves. and some bay area cancer patients get a new venue to channel their fierce by oh hey there! (laughs) hmm. you're that grumpy cat. well i know! how about some honey nut cheerios? humans love them. moms, dads, kids-well, all of 'em. not even a smile? huh... maybe someone should tell your face. ohhh that is your face. (angry cat purr) ah! part of a good breakfast... for almost everyone! evewith the highest levelde of engineering... design... safety... and performance. our latest creation is no different. with one exception... introducing the mercedes-benz b-class. it's electric! it's electric! the first electric vehicle f

fischer: thank you, mr. president.i rise today to discuss the need to strengthen american families and enhance workplace flexibility, and i'm very pleased to be joined here on the floor of the senate this morning by my good friend, the junior senator from maine. in nebraska and all throughout the country, too many families continue to struggle in this economy. even with moms and dads working two ond three jobs, some families find it hard to get ahead. household income has plummeted by more thank $3,300. 3.7 million more women are in poverty. theage of price for a gallon of -- the average price for a gallon of gas has nearly doubled and the labor force participation rate has declined by 2.9 percentage points since 2009. many economists agree that the surest way to generate sustained economic growth and empower struggling families is to pass comprehensive tax reform addressing overregulation should also be a top priority. moreover, it's a simple truth that less government spending means families will keep more of their o

senator fischer? >> thank you, gentlemen. i would like to thank you, your families, the service personnel that you represent for truly dedicating your lives in serving the people of this country and keeping us safe. thank you very much. general votel, in your written comments, you speak about the greatest threat that isil is to governments and syria and iraq, and then it threatens to jeopardize the entire region and their connections are growing throughout north africa and europe and also southeast asia. if this situation on the ground in iraq doesn't improve significantly, when do they become a threat to the united states? are we there already? >> senator, thank you for the question. i think they threatened some of our regional interests. they certainly threatened some of our key partners in the region and in europe right now, and i do think, as they continue to go strength, that they will ultimately present a threat to the homeland. as we talked about a little bit earlier, the threat of foreign fighters that have gone to sy

fed president charlie plosser who's an inflation hawk, but we did not get a dissent from richard fischerte that the op to ed in the -- op-ed in "the wall street journal" a few weeks ago. that was a surprise. liz: now i want to bring some of our traders into the conversation. i want to first go to chicago and ira epstein, what is the most salient point that came out of these comments from the fed today in your opinion? >> the switch to the employment situation. the word underutilization, very important. the fed is saying inflation's no longer their worry, now they're worried about jobs, and they acknowledge the economy's growing. so what they're trying to do is a balancerring act to get job -- balancing act to get job growth and then eventually interest rates will go up. liz: okay, now to mark newton, you guys look attic-by-tick reaction, what jumped out at's t reaction you saw in the wake of those notes? >> well, a couple different things. one is the fact the dollars are making very big progress. the 30-year's been pretty subdued to some extent. you also see the s&p, the fact even though

more with tim draper, director of draper fischer.out bitcoin, tim, before the break, but i mean, your track record is like an all-star list. tesla, twitter, skype. i'll ask you now. what is your favorite, either space or company you're in now? >> it's funny you mention space. we are in space x and planet labs and space is a great space. actually, what i'm the most excited about right now are financial technologies. there are new financial technology that is are rising up from the start-up level that are -- that include things like networked accounting. if i sell you something, both our sub ledgers move up with sub ledger company and you can have electronic shares with e-shares. you can do peer to peer banking with both lend key and prosper. you can -- there are whole bunch of new interesting new technologies around finance that are really changing the nature of finance. and they're disintermediating the bankers, the investment bankers, and yes, the venture capitalists, too. company like angel list is going to disintermediate venture

so it's like taking a small fischer in california and deporting him into honduras, and there are big fish in a little pond. >> is there any way to curb this violence in central america? how can el salvador, guatemala, honduras, how can they control the gangs? is it even possible? >> well, it will be difficult, but it is possible. there are three programs. oppression has to be good, intervention and prevention. there has to be opportunity there. we have to understand why people move. they move away from violence and poverty. here in america, we've already advertised this country as the land of opportunity, the land of milk and honey. it's like an open invitation to the rest of the world. and when these kids have nothing in central america, and i've been down there, poverty is extreme. no running sewers, no running water, no electricity in some areas. here we have this land of opportunity. it's kind of common sense why we see this explosion. and the youth are leaving because it's dangerous down there. >> el salvador, guatemala, honduras. they're going to be getting $100 million from th

op-ed by the senator from new hampshire and the senator from nebraska, senators ayotte and senator fischer." the presiding officer: without objection. mr. alexander: mr. president, i notice the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: a senator: mr. president? the presiding officer: the senator from kentucky. mr. paul: i ask unanimous consent to vitiate the quorum call. the presiding officer: without objection. question is on confirmation of the nomination -- the question is on confirmation of the nomination. is there a sufficient second? there appears to be. the clerk will call the roll. vote: vote: vote: the presiding officer: are there any senators wishing to vote or to change their vote? seeing none, on the confirmation, there are 53 yeas and 44 nays. and the nomination is confirmed. under the previous order, the motion to reconsider is considered made and laid upon the table, the president will be immediately notified of the senate's action and the senate will resume legislative session. the presiding officer: the senate will

we know the stanley fischer were the central bank that did a wonderful job of stabilizing your banking system. do you wish, hope and pray for a to sustainel exports, even with what is going on in gaza? >> it is always the dilemma. a veryhe result of strong economy. we have a strong currency because we have a strong economy. on the other hand, this hurts exports. is a game to be played. this is also altering your formal question. after 21 days, the shekel was almost untouched by what is going on. i want a strong shekel because i won a strong economy. i think it should go a bit lower. >> give us an update on the tel aviv airport. if they get rockets or missiles ,owards the tel aviv airport how would that change the dialogue? stopped theas andican fly through israel it was a may stake and they took it back after a few hours. i insulted lax and today i will insult jeff k and say -- jfk and saying our airport is safer than jfk during the winter. >> thank you so much. yair lapid is the finance minister of israel. about the food at laguardia? >> i am not a fan of the food. >> it has gotten be

fischer may well agree with her and you could see that come out in the minutes.the jobs numbers this week, that one could be the one to push this one lower. that is what mario draghi wants. >> it is interesting to see how the market has priced it in over the last couple of years -- couple of days. next, we will see what is happening in china. ♪ >> reason the top headlines. -- these of the top headlines. aerial assaults. killing 23 palestinians. has to pay for the rocket attacks on israel. with federal prosecutors next week. the near times reports that the deal could involve a $7 billion fine. the united states and china have kicked off the annual strategic and economic talks. the u.s. treasury secretary and secretary of state are both in beijing. they are facing off over the increased assertiveness in the south china sea. we are joined from beijing. talk to us about the dialogue. there are things that need to be tackled. countries are hoping to play down the disagreements. >> yes. that is right. since last summer, when the met, they declared a relations.f power t

we will go to senator fischer. >> thank you for being here. to bring the focus back to those issues i havew2ÑcÑvs9á a question then is the billabong and in the weeds but bear with me. i will read it to you so i can get it correct. and building block number to the epa assumes gas plants will go far more to run the coal-fired plants this will reduce the heat rate efficiency on the intermittent basis to offer the analogy i think this is the equivalent of operating a car in city driving with stop and go that reduces the efficiency with miles per gallon compared to highway driving this means it is directly at odds with the goal that calls for a coal-fired plants so building blocks member one and two are in direct opposition with each other and then do a turnaround this should be improved so if you are switching to natural gas does that require the coal power plants to operate buses to drive up the rates substantially to obliterate any rate improvement we would see? >> let me give a little bit of an explanation but the building blocks were practica

barrasso dan agree, if senator cardin can agree with senator sessions, and senator sanders with senator fischer -- i mean i could go on. our committee goes from left to right, and everybody agreed we should have a six-year bill. so as i stand here today, i'm distressed that we don't have that before us but i am still grateful to my friends for doing what they could politically do. but i feel it is a sad day for us, and i know and i hope we pass this wyden-hatch substitute here. it's a much improved way to pay for the extension. but we're extending all the way to may right up against the next construction season. now, if you're a state whether it's utah or california or west virginia or maryland or oregon, it doesn't matter. you're not going to enter into any agreement. no businessperson is going to take this on where you don't know what the future holds so we're putting it off again. and it's sad that we're doing it. and we have 60, 70, 80 groups out there which i will list them later who are supporting us shortening the time frame. my friend says artificial deadlines are bad, but let's face it

we will go to senator fischer. >> thank you for being here. to bring the focus back to those issues i havew2ÑcÑvs9á a question then is the billabong and in the weeds but bear with me. i will read it to you so i can get it correct. and building block number to the epa assumes gas plants will go far more to run the coal-fired plants this will reduce the heat rate efficiency on the intermittent basis to offer the analogy i think this is the equivalent of operating a car in city driving with stop and go that reduces the efficiency with miles per gallon compared to highway driving this means it is directly at odds with the goal that calls for a coal-fired plants so building blocks member one and two are in direct opposition with each other and then do a turnaround this should be improved so if you are switching to natural gas does that require the coal power plants to operate buses to drive up the rates substantially to obliterate any rate improvement we would see? >> let me give a little bit of an explanation but the building blocks were practica

brave, chris fischer. hi, chris fiser. he's in our toyota green room.in the exploding shark population. >>> women are a force in the wild west. michelle miller saddles up to take the cowgirl life. that's ahead. >>> cbs washington says last year's government shutdown may have caused a baby boom. baby boomers were sent home for two weeks in october. guess what? nine months later a virginia hospital reports 100 birth us compared to the same time last year. this may go on for a while thanks to the harsh winter. someone kept busy. >> it goes zbend the argument that moderate amounts of booze can protect you. scientists in london and the university of pennsylvania say just one drink a day would raise the risk of heart disease but evenly light drinkers could avoid the rink by shutting down. >> what about two drinks? >> no. >>> the male online withdrew a story saying the mother of george clooney's fiancee is against the marriage based on religious grounds. he writes in this morning's aww today, i think the mail for its apology. clooney says the site makes up the

investigators say they were called to the tookany creek at fischer lane at ramona and juniata where four teenage boys had been swimming under the bridge. one went under. the rest of the friend told police he could not swim. >>> meanwhile the coastguard has now suspended its search for a four year-old boy who was swept out to sea fighting off a rip current near ocean city, new jersey. search went on for 20 hours. coastguard suspended it yesterday afternoon. boy was reportedly missing, sunday night, it was 7:00 o'clock. police say six to eight people were swimming with him near ninth street bridge in ocean city when they ran into that rip current, yes. >> 7:08. >> here's something happening today, state lawmakers are expected to be voting on cigarette tax. buying cigarettes could help kid in the philly schools. >> the school reform commission, src approved a budget last night not knowing whether it would get this money or not from all of the cigarettes. so jenny joyce where does that leave us right now. >> reporter: that leaves us with our fingers crossed at this point. src did approve a b

your thoughts, i know you love to cover all things fed and fischer. >> maybe, steve, you can stick aroundes from the federal reserve lately on financial stability, on bubbles, and how the fed will not do much about that. i would think that the real move for the fed is higher wages, the consensus translating into the rate, and we really want comments from stan and yelp on that. >> we have this debate a, and if companies enlarge their pool, do they need to pay higher wages, a shortage to high someone out of work for six to ten months? >> i think for sure that -- well, first of all, i talked to some labor experts, and they complain about lack of skilled workers, and bl the complains are more widespread and more real than in the past. you're right. the question becomes what is the obligation of businesses to get out this or the need for business to get out there and train workers to do things they want to do. my guess is that things are more specialized today, and if they don't find workers because the universities or jobs are not training people, so -- the best places i've seen are places i

i think stanley fischer sees it, but only on the fed a short period of time.k he'll convince yellen and the fed will raise rates sooner than the market anticipates. >> always a pleasure. how do you spell central bank micromanagement? i spell it fde. sara, back to you. >> like a cheer. rick santelli, thanks very much. >>> still ahead, andreeson's partner jordan, also the former ceo of open table and president of paypal joining "squawk alley" live for an exclusive look at the tech investment landscape right now. >>> we're back after a quick break. really... so our business can be on at&t's network for $175 dollars a month? yup. all five of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line anytime for 15 bucks a month. low dues... great terms... let's close. introducing at&t mobile share value plans... ...with our best-ever pricing for business. >>> the dow is down 180 points at the open this morning. as we've seen our w

we all want to hear what stan fischer thinks about the economy and the outlook for u.s.y policy. >> steve, it's a great point. that all happens about 24 hours from now. thank you for joining us this afternoon. dr. j and steve. stay around and catch uch wip w the "fast money" crowd. don't miss that. >>> we've got breaking news on zynga. julia boorstin has the news. >> they are back in compliance with nasdaq listing rules. the vp of engineering and head of the advanced technology and projects group at google. also appointing perkins partner john doerr as lead independent director. zynga had fallen out of compliance with nasdaq listing rules a month ago when two employees stepped down last month. when more announcement ceo making a point that he's recruiting senior executives to upgrade zynga's team. the stock trading 1.5% higher on this news. kelly. >> julia, the shares as you said responding positively. we're going to send it over to dominik chu with another quick market flash. >> this is zumiez. the specialty retailer of action sports gear posted comp sales of 3% this pa

michael fischer has joined us as well. let me begin by expressing my sorrow and regret to the families of daniel, clay, and brian. i want to thank you for coming forward and telling your story and their stories. we truly believe that when death by suicide is one too many. thank you, joshua, as well, for sharing your experiences. veterans who reach out for help deserve to receive that help. a veteran in emotional distress deserves to find there are no wrong doors when seeking help. at v.a., we must insure those doors are swiftly opened. calls are returned, messages are responded promptly, efficiently and compassionately. over1 million veterans, service members and their family members have called our crisis line and received help. suicide rates among those who are v.a. users, who have a mental health diagnosis have dereed decreased. the rates of suicide following a suicide attempt have likewise decreased. we invite veterans to entrust their care to us, and we want to insure them that we can provide the care they need or con

fischer recognizes there's something rotten with missing e-mails but more must be done. we have serious concerns about the administration's investigation and serious questions or our witness today. we need to hold all accountable for the targeting of americans for exercising their first and then rushed to speak out in political fashion and that's what this hearing is so important. and with that i would yield to mr. cummings. >> thank you very much mr. chairman. chairman jordan. welcome to this hearing, deputy attorney general call. for more than a year, republicans have claimed that the white house directed the irs to target conservative groups. but now that we've conducted our investigation we know the truth. there's no evidence to suggest that the white house played any role in directing or developing the search terms identified by the inspector general as quote inappropriate, quote any other aspect of how irs employees processed these applications. we have now conducted, ladies and gentlemen, 42 interviews. these were witnesses that were called by the republicans. and

and the legislation senators ayotte, fischer and i filed yesterday would do that. the preserving a woman's religious freedom will verify an employer cannot block an employee from legal access to her f.d.a.-approved contraceptives. it is a commonsense proposal. it reaffirms that we can both preserve america's long tradition of tolerance and respect for people of faith while at the same time preserving a woman's ability to make her own decisions about contraception. our bill would also ask the f.d.a. to study whether contraceptives could be made available to adults safely without a prescription. and it would allow women to set aside more money in their flexible spending accounts so they can cover out-of-pocket medical expenses, many of which are skyrocketing under obamacare. so if democrats are serious about doing right by women, if they're not just interested in stoking divisions in an election year, then they should get on board with our legislation. that's a start. and then they can work with us to undo the damage that their policies like obamacare have already ca

michael fischer has joined us as well. let me begin by expressing my sorrow and regret to the families of daniel, clay, and brian. i want to thank you for coming forward and telling your story and their stories. we truly believe that when death by suicide is one too many. thank you, joshua, as well, for sharing your experiences. veterans who reach out for help deserve to receive that help. a veteran in emotional distress deserves to find there are no wrong doors when seeking help. at v.a., we must insure those doors are swiftly opened. calls are returned, messages are responded promptly, efficiently and compassionately. over1 million veterans, service members and their family members have called our crisis line and received help. suicide rates among those who are v.a. users, who have a mental health diagnosis have dereed decreased. the rates of suicide following a suicide attempt have likewise decreased. we invite veterans to entrust their care to us, and we want to insure them that we can provide the care they need or con

. >> you know one has the "c" pronounced fischer and the other without the "c" is pronounced fisher.sking people that are prognostication again and again what's in your crystal ball? you're basically getting the aggregate data from all the experts, macro economists, journalists, about what's going to happen in inflation. >> i think that they can -- they're going to get up to the 2%, 2.25% inflation rate, and then i think they're going to have to change policy. i think 2.5%, 2.5% is probably the high end of where they get to. i think there's a lot of global forces at work and you guys at aei have done a lot of good work on this. it's not just american capacity. right? capacity in china, in thailand and vietnam plays a role in the price level here in the united states. >> sure. >> so it's not just here, and honestly we haven't really been through this before. it's labor capacity over there. it's factory capacity over there. what's happening in china right now is going to have a huge impact on inflation. i don't think we're on the precipice of runaway inflation. i believe in the overall

and we have senator fischer. so we have a broad diversity. i haven't mentioned senator sessions, and senator gillibrand and senator booker. this is a committee that represents the ideological spectrum of the senate. and i will tell you, we passed a bill out for six years. we know it has to be paid for, but we were very, very, i think reasonable in what we said. we said this isn't the time for a giant new increase. we kept it at current levels of spending plus inflation. god bless senators wyden and hatch. they're working to come up with a plan to pay for this bill. and we have colleagues, as i mentioned; senators murphy and corker, who came together and said, look, the chamber of commerce makes a good point. we haven't raised the gas tax in a very long time. if we do a few cents a year, we'll be able to patch up this trust fund, and more than patch it up; get it going for six years. so i would put my, the rest of my statement in the record, mr. president, if that's all right. the presiding officer: without objection. mrs. boxer: and i would s

plus, guest host dallas fed president richard fischer. the ceo of 3m.big lineup to end a big week of earnings and economic data. and it's only on "squawk box." we needed 30 new hires for our call center. i'm spending too much time hiring and not enough time in my kitchen. [ female announcer ] need to hire fast? go to ziprecruiter.com and post your job to over 30 of the web's leading job boards with a single click; then simply select the best candidates from one easy to review list. you put up one post and the next day you have all these candidates. makes my job a lot easier. [ female announcer ] over 100,000 businesses have already used zip recruiter and now you can use zip recruiter for free at a special site for tv viewers; go to ziprecruiter.com/offer2. at a special site for tv viewers; weit's not justt we'd be fabuilding jobs here,. it's helping our community. siemens location here has just received a major order of wind turbines. it puts a huge smile on my face. cause i'm like, 'this is what we do.' the fact that iowa is leading the way in wind ene