low 50's in the city. let's take a look at insta-weather future cast. a lot of that moisture riding northbound. a chance for showers on tuesday night. then wednesday morning a strong cold front will move in from the west with a good chance for rain showers it should clear up in the afternoon. dry conditions wednesday night and thursday. so seven-day forecast like this. low 70's on tuesday and wednesday. that chance for showers tuesday night and wednesday morning. it will be a breezy day on wednesday as well. a little cool on thursday. dry, 69. a chance for rain late friday and into early saturday morning. then the showers come back i think on sunday. it's going to be chilly. high of only 63. >> and thank you. let's go ahead and see what's going on on the area roadways. we have a problem spot in the city we're watching. it's an accident at lombard and light. left lane is closed there. the speed sensors on both the west side and i-95 heading toward the fort mchenry up to speed. that is good news. at least we're not dealing with any significant volume-rela

s. let's tell you about what is happening on the weather right now with the forecast as we had through the next -- let's go to storms can. maybe does get a little brain cramp there it shows you a couple little lines of showers moving through the area. in between times, there will be sunshine tomorrow and warm temperatures. a possibility of showers, but generally not a bad weekend forecast. will get the timing of it in a couple of minutes. >>> new questions surrounding the maryland senator and the money lankester her campaign. they're reporting that she placed a $42 million in earmarked grants into a defense spending bill. $10.5 million have gone the three companies that are contributors to her campaign. tonight, she says that the campaign contributions have made no impact on her decision. >>> of virginia governor tim kane is facing fire from capitol hill because he has not spent federal stimulus highway money. house leaders are blasting him because virginia ranks last in the nation when it comes to spending their federal transportation funds. as of august, they had begun construction on pr

and let inspectors into s ney reveal uranium enrichment facility. whato you make of these delopments? >> ianian oicials sid before the geneva meeng they would grant the iaea access to the anium enrichment site. nothing surising there. it seems as ithe united states and others inhe p-5 plus 1 are using this as a positive outcom from tod's discussions and using it to justify a seco rounof meetings later tis month. >> ands you point out, the rties also agreed to that second round of tas. wh do you think will come out ofound two? >> i think round two will hin on a couple o points. on the iranian side, i think the iranians will contue to iist th they are not gog to acpt new limits on furthe development of their nucle infrastructureand i think they'll continue to insist that any discussion of nuear issues needs to be inbredded in much broader conrsation. the united state i anticate, willeally start to pess hard for the iranians to accept some kindf limitsn the further developmenof their nuclear infrastructure wle talks are oning. as stated, the two positi

s. let's go to lisa baden. >> thank you. i was just on wtop saying everything is so smooth.ept for one thing. the risk a water main break. queens chapel road northbound near 410 remains close. they have not been able to turn off the water off. it is going to be an issue near prince george's plaza. bill kristol wrote will take most of the bailout traffic. -- bell crest road will take most of the bailout traffic. no complaints about traffic in virginia. back inside. >> one day after john gosselin got dropped, new reports say he is trying to slow down the pri -- slow down the divorce process. he is trying to get back with his wife as a partner in parenting. he filed a motion to delay the divorce by 90 days. kate wants to move on as scheduled. jon will sit down with larry king tonight. we cannot seem to get enough. >> so now it is now "kate plus 8." >> i am sure he will of something in the works soon. a 5-year-old texas boy bitten off will bit more than he could shoot during a hunting trip. he shot an alligator. he was not afraid. his mom said she was scared to death. the catch

s&p 500, just a few points away from that old closing high. but let's not quibble. the point is, we're sitting right at new highs here. you can't underestimate the importance of commodities. commodity stocks, look at the moves up here. one week. sometimes in a year you haven't seen this kind of move. alcoa, caterpillar, free port-mcmoran, potash. all up double digits here. next week, look, here's what we have here. three key stocks. ibm on the upside here. services are the key for them. more than half of their sales. they've been able to increase their signings. each of the last three quarters despite the macro economic environment. that will increase signing, continuing that trend. johnsonand johnson on tuesday. the outcome of health care reform, look for updates they believe medical devices and diagnostics might be doing. asset management should do very well here. morgan's banking might show strength here. the big question is, how much reserve building are they going to take necessary. how about the nonperforming loans, net chargeoff. is the rate of those chargeof

councilman chairman vincent gray is blasting the move saying no one needs to be let go. fox 5's roby chavez here with the news edge. >> reporter: brian, in fact fighting words tonight from council chair vincent gray. he says the budget cuts from the schools are a smoke screen and there should be no layoffs. gray says federal stimulus dollars should make up for any shortfall. pending teacher layoffs has sparked daily protests. w council chair vincent gray has crunched the numbers and says it doesn't add up. what's confusing according to gray is that the school system is actually set to receive more money with fewer students. >> it's not a reason that's attributable to the council's bucket work and that's where are deeply concerned about and infuriated about frankly. if you want to cut teachers, then take responsibility for that. >> reporter: the mayor and school's chancellor says the $40 million budget shortfall will force bigger class sizes and an unknown number of teacher layoffs. so far no specifics have been released. >> we're not getting any answers. we have no idea how many

let's do some "d"'s -- debacle. is it -- a ball to introduce young women to society?defeat? or -- an exchange of views? debacle is a complete defeat. what a debacle, she got only 2% of the vote! how about this -- dilate? does it mean -- to live to a very old age? to make wider or larger, expand? to add moisture to? dilate is to make wider or larger, expand. darkness makes the pupils in the center of your eyes dilate. how about "dire"? the colorist at a hair salon? an upholstery pattern? or terrible, awful? dire means terrible or awful. failure at word has dire implications for your performance in school! just kidding. let's review. debacle -- a complete defeat. dilate -- to make wider or larger, expand. dire -- terrible or awful. and that's "word!" for this week on "teen kids news." do you like this top? that's so gay. really? yeah. it's totally gay. you know, you really shouldn't say that. say what? well, say that something is "gay" when you mean it's bad. it's insulting. what if every time something was bad, everybody said, "ugh. that's so girl wearing a skirt as a

s alternative, let's not fool ourselves for a second, was for the whole thing to go away. >> i'd sayt least it is going because it is a money loser. talking about outcome from cash for clunkers -- neil: isn't it great that the are rez of the world loves our president. renault turns us down and the world turns us down for the olympics. we're doing well with the prodigal present. neil: when we come back, don imus stirs the pot with me next. he will be stirring the pot every day on fox business starting monday at 6:00 a.m. did i mention that if you did not get dposm business network, a scheidtly older gentleman in a cowboy hat will come to your house and make life hell. @3> well, my wife woke me up around 12:30 to tell me. i have always th

low 50's in the city. let's take a look at insta-weather future cast.at 8:00 tomorrow morning. still watching the stuff off to our south. some of the moisture as the high pressure moves off the coast is going to sneak up towards us. by the late afternoon and evening hours, there's a slight chance we could see some rain. a better chance for showers tuesday night into wednesday morning. during the day wednesday, a very strong cold front he's going through. that is going to bring showers and possibly even a thunderstorm. i think everything will sweep off the coast by the time we get into the afternoon hours on wednesday. and it should clear up. and thursday looks like a decent day as well. 72, high temperature on tuesday with that chance for showers in the evening. on wednesday, a chance for showers in the morning as the front he's going by. then clearing up. dry and cool on thursday. as we go into the weekend a chance for showers late friday, early saturday morning. then a chance for rain again on sunday. >> in this morning's "consumer alert," some small

s alternative, let's not fool ourselves for a second, was for the whole thing to go away. >> i'd say at least it is going because it is a money loser. talking about outcome from cash for clunkers -- neil: isn't it great that the are rez of the world loves our president. renault turns us down and the world turns us down for the olympics. we're doing well with the prodigal present. neil: when we come back, don imus stirs the pot with me next. he will be stirring the pot every day on fox business starting monday at 6:00 a.m. did i mention that if you did not get dposm business network, a scheidtly older gentleman in a cowboy hat will come to t neil: don imus on fox business network 6:00 a.m. to 9:00 a.m., a don imus like you have never seen him before. ahead of the debut i talked to him about pretty much everything including the business side of this david letterman sex scandal. what did you think of that and how long this has been going on, and & revealing the extortion on his show? >> well, my wife woke me up around 12:30 to tell me. i have always thought he was a creep anyway, so --

s. let's start with a look at the rooftop. the mix of clouds and sunshine. we don't expect -- and we are about 10 degrees below that in most spots right now. we will show you what that is about in just a moment. let's head over to the network and make a few stops around the viewing area. 65 degrees, the report in alexandria. a low this morning of 46 degrees. 63 with the high temperature. it was 37, 39, some of the lows this morning. other area temperatures continue to keep this a very pleasant trend. 65 in fairfax. 63 -- as we get through the evening hours, temperatures will slowly fall. 70 degrees in richmond, 72 in raleigh. we will keep an eye on it as it moves in our direction. it is already getting close to the panhandle. some showers behind it -- the movement of the system at the way it is configured, you can see the showers moving from west to east. there may be an isolated showers and a few spots for the sunrise. we will plunge into a little warmer sector of air as it becomes partly sunny. saturday, will get well into the 70's, but there is a cold fro

s. we have a little bit of rain to discuss. we'll do that in a few minutes. let's have some fun first, send it out to sandra shaw. she has something that might make the ravens fans feel a little better this morning. >> we need it. what a heartbreaker yesterday. the spirit of the team always has been ray lewis, for real. he was just the leader like none other yesterday as well. i'm here with dave de carlo. we have a 2006 american iron horse, lone star chopper. this is the real thing. the cool thing is what, dave? >> ray lewis autographed for us. >> the only one in existence, we might add. this is never going to come off. tell us the story behind it and what ray said when you got him to do this. >> ray lewis was doing an autographing at towson university, sports memorabilia. my daughter and i took this up to him. he autographed across it. as i was taking it out of the bag, he said what is that, a motorcycle gas snank i said, yes, it is. he said it's the only one i've ever signed, it's a first for me, buddy. >> you take this around town and people are always like, whe

. >> so, let's move to -- >> mushrooms and onions. sur cups of milk. you can use skim. eggs. a quarter cup of egg substitute, is one egg. i'm going to do this. >> pour it in the fan. >> you can take that. we're going to spread it around. a little bit of bacon. bacon makes everything better. >> it does. i can't give up the bacon. >> there you go. >> little thing. >> this is something you can freeze for up to three months. bake at 350 for an hour. >> what's the story that came out of this one? >> well, sheral wilson, is a woman from lee high, utah. she had a -- knew a family that was going through chemotherapy. she got her community to rally around. get a lot of meals, pack their freezer. it was a marvelous thing. >> it's that kind of story, using food to help people, in hard times. that's a lovely thing that we can all do. and these recipes are quick and easy at home. >> that's right. >> how are we doing? what are some of the -- >> this is the -- >> that's the breakfast bake we just made. >> yes. >> we have a corn tortilla chicken lasagn

s and they are overpaid, let's face it. >> bottom line, if this does pass in a form that most congressmen and senators haven't aide, is that going to be good or bad for the economy? >> well, you know, right now, you say americans don't have healthcare. they do. they have relatively expensive emergency room care, which is one of the reasons why we pay more than any other country and show up really badly in the health stats. you think we pass this and it gets worse and more expensive? i don't see how. but the fact is the fix is in. max baucus killed the public option this week. he has received millions from healthcare lobbyists. it is not going to happen. >> the american people killed the public option. i don't think it was one politician. it was the propest of the american people saying we don't believe you can create a government bure cassie for no money. >> letting people shop across state lines would give you all the competition you want n terms of public outcome, we do better than any other country on cancer forms an an heart disease and longevity. >> we don't live as long! >> on longe

. >> let's take a look at the confidence. upper 60's and tomorrow will have increasing clouds.ered a -- and by saturday there will be a few showers. saturday there will be a few showers. meredith: benny shum, a part-time biology professor from california, wore his lucky red underpants yesterday, and it helped him win $15,000. now let's find out if his luck holds out as he plays for $25,000 and a shot at our tournament of ten on who want

let's take a look. here's the s&p. what i have you here is the trend since the march low. and it's fairly precise within a standard deviation or two in terms of the march to september recovery. and what's happening is we're starting to lose some ground, in terms of the ability to stay within that channel, if you will. a break below 1,000, something that guy adami just talked about, we're in the camp of what's that's coming. in fact a bit of an uncomfortable period for us for the last five, six years. 9750 and 10,000. touching 70. we're a bit above that. i think this is what is important. the long-term trend line since the peak in '07 and we're right there exactly where the market is finding trouble. so not out the blue, that it would happen, and we're think that it is reasonable that it is indeed stall where it is. one more is interesting. another chart and perhaps open up to some questions if you guys want to talk about this. take a look here at the '04 level. an then take a look at where we are now, in relation to that level. we're just now back to '04. and we had a huge

let's take a look at what we expect as high temperatures. upper 70 costs and low 80's, outstanding for this time of year. things are going to change over the weekend that seven-day forecast in just a few minutes. >> police are investigating a shooting at a fast-food restaurant. two victims were found in the parking lot of a checkers restaurant. one victim was able to get to the hospital across the street. the other was taken to sinai hospital. police are investigating a deadly accident that happened just before midnight. brandon turner was trying to turn his vehicle are round -- turn his vehicle around. somehow, the vehicle got stuck on an embankment. they try to push the vehicle of the embankment and it slammed into a building. he was pronounced dead at the scene. a baltimore county man has been found guilty in the murder of his ex-girlfriend. he was convicted of intentionally running down her with her own truck. it happened last january. according to prosecutors, he found out that she was going to take back the truck, so he killed her to prevent that from happening.

s&p a like amount as well. we're down to 9543 on the dow. let'sring in steve grasso and stuart frankel on the floor. >> do you know the only reason why i ever liked october? >> because i'm a yankee fan. that's the only reason why i ever liked october. the jobless claims came in at the high end of the spectrum. beam people were looking at the end of quarter. nothing really to get people excited about. they thought they were going to mark them up, they did slightly, but not enough. >> wall street is so tradition-bound. so beholden to history it seems to me. we already know what shape the economy is in. we already know that earnings are coming and they're probably not going to be great. auto sales haven't been great. we knew that was going to happen. why the sell-off realistically here? >> human nature is if you know all this stuff is bad, do you still jump in? if you know a volcano is hot on the inside, do you jump off the edge of it? there's no mad rush to start investing again. >> so you've given up on 1100? >> no, i'm not excited about october, i

let's get in the money right now. we saw volatility spiking. s&p 500 losing 5% on low economic news. sound familiar? maybe it's because we've seen it before. we've seen it back in july. weak economic news dragged the s&p 500 down 7%. volatility spiked as investors bought protection and then boom the rally was, of course, on. is it going to play out the same way? >> i don't think it's going to play out the same way, but there's a good reason we might seeing this kind of market action. the only window into what earnings might look like, the economic data looks almost identical to the way it looked the first week of july. if you take a look at the unemployment numbers, they disappointed by an almost comparable amount. it's really the same story playing out again. this time, what are the expectations coming out of earnings? i have a feeling it's going to be a lot tougher for stocks to rally. >> we did have that selloff in early july and then we boom out of it, okay? but here we are, we're about 10% higher than where we were last time. we've come off

s. first chance of showers later in the early evening. let's look at decarr tetris. 67 downtown, 55 at marshall, 52 on the eastern shore. 64 degrees in ocean city. let's look at the mountains of western maryland. a chance of showers earlier out there. high of 61 degrees today with clouds increasing throughout the day. the same thing today for us, high of 73 and a chance of showers in the evening. in ocean city, they want to get showers until tomorrow. mostly cloudy thereby later this afternoon. on the day, not very good, a small craft advisory with gusty wind. gusts reaching 25 not at times and waves up to two feet. 72 of the average high for this october 2. we will be a little bit above that at 73. 89 is the record high set in 1986. on october 2, 1997 it was 35 degrees. tonight we will have the clouds around still with showers. 55 degrees. wind at 10-15. the entire system will make its final push through here. a line of showers will tharoor qwest this morning but moving. -- a line of showers will be moving through. the best shot of rainfall is

let's be frank. the public schools are disasters as it s they are poorly run bureaucracies with terrible ultses. i don't think extending those contracts keeping kids in poor schools for longer periods of time will do anything than pour more money down the drain. we should be working towards privatizing schools and putting those divisions into the hands of parents instead of barack obama who is the expert in everything. >> wayne, you are being quiet today. what do you think? >> i think this is all foolish. the brookings institute has got a lot of stats on. this we know from experience that kids in school, they are going to learn a lot more, and this whole business, this reasoning that you say that it is going to hurt the tourist industry, on that reason alone, you should say why go to school at all, let's have tourist industry 12 months out of the year. it's foolish. when kids go to school and take certain times off during the year, not all at once, at the end of the summer, it has proven to be much better and it is a use of that. by the way, you have an investment of 100% in infrastructure, mean

temperatures in the mid to upper 50's. 67 in ocean city. let's go to the mountains of western maryland. looks like 61 degrees and a good chance of showers early on, perhaps in the afternoon and late throughout the afternoon. in baltimore we will see showers until the early evening hours, only a 30% chance. the clouds will increase. it will be milder. 73 degrees, which is right on target. that's the normal high for october 2. 73 with an increasing clouds on the eastern shore. not a great day to take the boat on the chesapeake bay. gusts of 25 are possible. the water will be turbulent. not ideal. of 89 degrees in 1986 with the record high for this date. in 1997 it was 35 degrees when the record low was set. 50 degrees is where we should be tonight. we have been cool the last several nights. we will be near 60 tonight. south wind at 10-15 miles an hour. moister approaches us from the south and west. it will lose a lot of intensity once it gets through, but we could see some heavy showers overnight tonight. after tomorrow morning the showers will mov

was a time bere tha an i'll let bob tell you that story about in 19. 9 -- i'll let him ll that story. the all-star game s in atlanta and there was always a press conference before that, and bob ha pitched on sunday. and heas gng, he was announced that he was going t tch on tuday and heasn't hay about it. he had wanted to,his focus was on winning. and doing things for the team. ladies and gentlemen i pitche on sunday, i should have a couple days offecause when we staragain on wednesday i'm probly going to pitch again or maybe my turn ishursday. tuesday' too qui. he wasn't happy about it. and so we all knew bob and his reputation and he always had an intidating factoroing with him. he threw high 90's and inside. if you moved you wouldn't get t. he said i wasn't throwing at him he moved intohe ball. first time up iet a double. he han a slide h it offto right cent field and iround seco basend i sily turn -- i slowly turnhis way and look out under e bill of my cap and he'sooking either outat me or thscore board or somhing where the ball hit. an i immiately just turned around like th andooked away from him. ch

s. showers are in the way in the form of a cold front late in the day tomorrow. let's check in on the rush-hour commute with joe. >> a bit of a problem on 95 southbound. there was a crash as you approach 198. this is the delay. two separate crashes. there was another wanear 216. there was a report of a crash near colesville road. they are working on the inner loop of the beltway at the local lanes of the woodrow wilson bridge. you need to stay to the left to get by. there was also a crash on route one along the right. delays are building. >> thank you. >>> starting today, some party patients will get vaccinated against the swine flu. >> it is a big step in the fight against a disease that could overwhelm the world. >> the flu season has started and medical professionals say it americans need to be vaccinated. >> this is the most ambitious vaccination program ever mounted anywhere in the world. the number of doses of vaccine and the quickness with which the vaccine has been produced. >> there will be 600,000 nasal tubes of the vaccine and another 50 million vaccine dose

but the students they teach are vowing not to let that happen without a fight. fox 5's sarah simmons with more on what is happening at one local high school this morning. >> reporter: teachers an students are angry and are expected to protest those layoffs. why d.c. schools says it that no choice but to let them go. i'm sarah simmons. i'll have the details in a live report coming up when fox 5 morning news returns. my doctor told me i had to start doing things for my heart, but i wasn't ready to give up taste. sometimes, sacrifice is the name of the game. well i've heard eating whole grain oats can help lower my cholesterol. it's going to be a challenge... sure we want to lower our cholesterol, but let's be real, being healthy is tough yea (announcer) honey nut cheerios cereal tastes great and can help lower cholesterol. bee happy. bee healthy. (announcer) try apple cinnamon cheerios. ked in apple th a daring amount of cinnamon. the choice in this election for governor is really pretty simple: do we move virginia forward by continuing the pro-business economic policies

s office. letterman didn't even think, let me just pay this guy off. is could be damaging to my family and my career. he goes to the manhattan d.a.'s office. they set up a sting operation. and so they have a sting operation where they say they have halderman on tape, according to the prosecutors here in manhattan. and offering this money. getting this money from letterman. letterman cuts him a check for $2 million. a phony check, a fake check. letterman said this guy is walk around new york city with a $2 million check. he goes into his bank in connecticut and dozen it is it. of course it bounced because it was phony and he was arrested outside cbs news headquarters on the west side of manhattan on 57th street yesterday. >> you talked about the concern that he had about making this go public. if true, this guy was trying to extort $2 million. i don't care how much money you have. that's going to make you mad. >> he was probably looking at how much money david letterman makes. $2 million enough to change my life, but he'll probably pay it to not damage h

let me start with a couple of things s there anybody in washington that any of you guys can relate to> no. glenn: nobody? >> i think that we are on to issues more than people and personalities. i don't think that we're focused on trying to find a person. we're more concerned with the issues right now. glenn: what is it that -- have you ever belonged to a party? do you still belong to a party or have you left a party? >> i'm still a registered republican. i'm seriously thinking, though, about switching to independent. >> i'm a registered republican, so i can vote in my primary. >> i'm a rej aresterred republican for the same -- i'm a registered republican for the same reason, so i can vote in the primary r. glenn: but there is nobody you relate to and look at and say? >> sarah palin! glenn: so if i may, the dumb ones. >> that's what the media says about moms. sarah palin is a mom with a child with disabilities, so, you know, same thing. gln:ou wer sayg earlier about your analogy. >> i was thinking about how much more revved are up and confident we felt after being on the show last frid

let's look at what is going on. high clouds across the area. it will give us filtered sun shine. it will warm us up to the upper 60's to below 70's.ou could look at some showers in the carolinas today. nothing will be too severe. they are moving off to the east. mostly sunny and really nice for tod, 68to 73 degrees. -- 68 to 73 degrees. out in the potomac high winds, they could see some patchy frost, but nothing for the immediate metro area. clouds will start to roll went by midday tomorrow. we will see showers tomorrow night. high temperature around 70 degrees. the temperatures are cooling quite a bit. windy conditions on wednesday. highs only in the upper 60's. nighttime lows in the upper 40's. there you haven't. a nice day for a monday. mondays are always nice. >> thank you. >>> the traditional newsstand could get an upgrade. >> facebook just wants you to be happy. we have more in tech bytes. >> the newsstand is about to go digital. publisher time, inc. it's leading a venture to create a digital store for magazines. it would deliv titles to mobile devices like cell phones. it would not be free. the service is expected to launch

and if that can keep going, then i see no reason why, let's say two years from now, the s&p 500 earnings couldn't be close to $100. and with the multiple of 15, that would be put us back where we were two years ago. a lot has to go right for that to happen. >> russ, what do you think? >> in the short term i think we have a tail wind. you can see a lot of inventory replenishment. i worry about 2010. i don't think we're headed back into a severe bear market, but we've got head winds. the biggest is the consumer. you've got a very weak labor market, unemployment at 9.8%. the worst since the early '80s. you've got a consumer who still has too much debt. i think the leveraging continues into next year. that will be a headwind for stocks, given that we're no longer cheap on valuations. >>> what do you guys think about the dollar? all week i'm hearing all different investment strategies based around the notion that the dollar continues to go lower. how do you invest if in fact we see a weak dollar in the coming two years? >> maria, i think you've got to -- go ahead, russ. >> i was going to say,

let's get down to it. temperatures today will generay be in the low 60's right now. in the outlying suburbs, there will be some 50's. there is reduced visibility out there. there is low-level moisture so we start off with that. we are expecting a couple of showers. there are couple on the radar this morning. in southern maryland, east of i- 95 that we have showers. the front has drifted slowly through the area overnight. it has produced some of those light showers. our focus today will maybe he still i-95 with some shower activity. as far as the big picture, let's go to the graphics computer and moisture was abundant during the early morning. . we have a broken batch of clouds, north of town. we will have some peaks of sunshine. clouds will be slow to depart through lunch time. by the afternoon, they will head toward the eastern shore. things will clear out and high- pressureorks its way back and across the region. it is an improving for test as we head towards the weekend. we will have a pretty nice looking weekend. high pressure builds in the hyde and mostly sunny

s. the next chance of showers enters the forecast by the early evening tonight. let's talk about the temperatures. 57 downtown, 55 and marshall, considerably milder than the last several days. 64 degrees in ocean city on the beach. the upper elevations in western maryland will see the rain sooner, sometime in the afternoon. 61 degrees. increasing the cloud cover. after 7:00 is when the sun will rise. we may see some more clouds. 73 degrees this afternoon. that's the benchmark for october 2, right on target. the chance of showers and to the forecasts in the late afternoon and were likely in the evening or overnight. 73 and mostly cloudy on the lower eastern shore. not a good day of voting on the chesapeake. there's a small craft advisory because of the gusty wind, south southeasterly at 20 knots with gusts of 25 knots but waves churning up to two feet. the record high was 89 degrees set in 1986. in 1997 it was 35 degrees. a nice spread between the two, a typical for the beginning of october. 50 degrees in the average low. tonight it will be closer to sit 2 because of th

s&p up 15. nasdaq up 20. let's go to new york right now, where alexis christoforous has tonight's cbs money watch update. >>> starved for advertising dollars. gourmet magazine is calling it quits. the country's oldest food glossy saw adpages plummet. >>> the owner condon naft announced a folding today. and there's another big shakeup at chrysler. italy's fiat announced the company. they'll be replaced by other company insiders. the automaker won't say if the departure are sale -- due to sales performance. sales were down nearly 40% so far this year. >>> these could be the new wheels at your local police department. general motors took the wraps off its latest chevy caprice. it's designed specifically for duty, wrapping up for zero to 60 seconds. the front seats are sculpted to accommodate officers' equipment belts. >>> and new york stock exchange switched to a digital wall board, showing the ups and downs, along with a daily graph. the one that was replaced had been there since the 1980s. for more business headline

s&p is off 26. nasdaq slides 65. let's go to new york. alexis christoforous has tonight's cbs money watch update. >>> wall street opened the new quarter on a down note. the stock market focused on the negative. mainly that new claims for unemployment benefits jumped last week, after declining for three weeks in a row. it's a sign the job market hasn't turned around yet. and employers are still reluctant to hire. they expect to rise to 9.8%. the labor news, overshadowed the better trend in the housing industry. the number of contracts signed for previously owned homes rose to the highest level in a year and a half. and spending on new construction showed the biggest increase in nearly 16 years. consumers are spending more, too. and that was another bright spot today. personal spending showed the biggest increase in nearly eight years in august, boosted by back-to-school shopping and a cash 4 clunkers program. once the program ended, demand slumped again. ford reports sales are down more than 5% for september, compared to the year before. g

the s&p 500 lower by nearly 5%. let's get more on today's action, roberto pisani on the floor of the new york stock exchange. >> could be worse. non-farm payroll reports, really poor. hurt the markets early on. again, traders watch the dollar now like a haublg. we saw things moving to the downside on the dollar right after the open. if the dollar weakened here, bottom line is, stock market improves. if the dollar stabilized, look at the rest of the stock market. we saw weakness in tech stocks toward the close. intel and some of the other big names out there, maybe microsoft, just a little bit of a dip there right towards the close ending essentially at the lows for most of the day here. take a look at the big names out there. the defensive names, not surprisingly, did a little bit better than everybody else. but not terrifically so. these names were up most of the day. but they didn't move much as the market rallied. what did move is the financials and the material stocks. those stocks were down 4%, 5% at worst. the big f

i kept looking at him. >> let me stop you there. can u ll me wt 's ody in courty. g day?r >> could you speak a lite louder. >> younted to somebod here in c toy. tell m whae he's wearing today? >> what color isis tie. it the tie is blue ike a blueots i etecor the r reflect he's tihe t. fendan >> rctit. >> mr.n, you ohi wiow and you h right down tt walkwa >>he runway. >> the runway. and you see thosehree individuals? nd y talkebout a a t's atwa? twa stas forll af. small, low cha. my little hair on his head? like very ort? i'mot talng about nodreds, thing. small- haircut low. >> what kind of srt did he have o what kind of col was it? >> a white trt with some jeans. >> did hvething in his hands, the defendant tt's ttg erthe? >> yes. he was faced towards the se door that he went in with an ak-47 over his shoulder. >>okay. let m sto you there. w, when you lk out the window, has the shooting already stopped? >> yes. >> you never see anydy shooting in this case, do you? >> i didn'teeo -- nobody shoot, no dr, nothin wiyhe time you look outha ow, thehooting'slready done. >> everyth

the s&p was off 5 and the nasdaq was down 6. let's go to the new york stock exchange for the money watch update. >> more than 15 million americans are out of work. the unemployment is at 9.8%. 263,000 jobs were cut last month pushing the unemployment rate to a 26-year high. if you include laid off workers giving up looking for a job, the unemployment rate is closer to 17%. adding to the weak jobs news, orders to factories fell to the largest amount in five months. >>> bank of america's ken lewis will have a comfortable retirement when he steps down this year. lewis is set to receive $53 million in pension benefits. that is about $3.5 million a year for the rest of his life. shareholders who bought the bank stock when lewis tookover in 2001 are under water on their investments. >>> nike is denying the endorsement deal with michael vick. the two signed a contract, but nike agreed to supply contracts to him. for more business headlines, go to cbsmoneywatch.com. back to you. >>> pumpkin pie is a fall tradition for many, but bakers are fin

s&p 500 is pointing to a lower open. let's take a quick look at the u.s. 10-year yield. the yield on the 10-year note is down 0.022 to 3.16%. becky, how is it looking in europe? >> let's take a check on the european bourses to find out exactly what's going on here. the ftse cnbc global 300 is down by 32 points, the european bourses themselves, we're seeing declines of about 1.5% for the as many, over 1% lower for the cac, too. quick check on the forex markets, dollar/yen, 89.40. euro/dollar, 1.4551 and sterling/dollar, 175881. joining us now from istanbul where the imf is meeting with the world bank, of course, mr. straus-kahn, thank you so much for spending time with us today. i know you must be very busy. yesterday we heard that you are upgrading your growth forecast globally. how sustainable do you believe the recovery is at this stage? >> well, i think the good news is good news and the problem is that even if growth is coming back, the employment will lag behind around 10 months to 12 months, sometimes 14 months between the time where growth is rezuming and the peak

let's show you what's going on with the nasdaq as well. it, too, hovering around the unchanged level, 2056. the s&p 500 right now lower by a little more than two points, 10,027 is where it sits right now. bob? not bad considering is the way i characterize this. >> heck darn good is the way i would characterize it. if you would have talked to the traders, and i did this morning, i think most of them felt we would probably be down most of the day, and maybe had a chance of rallying back. an early rally was a good sign for the bulls. let's put up the dollar interday. traders are obsessed with the dollar. but it works. as we saw the dollar come down shortly after the open, moving almost straight down, stocks started doing better. as the dollar hit the lows around 10:30 eastern time, guess what, stocks essentially hit their highs for the day, positive at several points throughout the day. defensive names were strong throughout the day. mostly they've been sideways here. you can see your usual defensive names up fractionally. i think what's more important is the turn-ad in the two groups that get hit t

the "f" word, the "s" word, calling gay men faggots up trees is in this song. okay. let'sack to the whole balloon stunt. out to sara hanson with "the colorado." thank you for being with me. what is the latest? >> we are waiting for next week when the larimer county attorney's office will meet to discuss charges. >> and to mary margaret. what more can you tell me? what do we know about the proof prosecutors play to show this whole thing was a opportunity and that heartbreaking 911 call was nothing more than a performance? mommy included. >> we do know that the heenes have had a long his industry with playing up for the cameras. the parents met in an acting studio in los angeles and this is something they've reared their children to do. investigators were tipped off after they saw the family on cnn when little falcon slipped up and said oh, i thought this was for the cameras that. is what tipped them off and made them realize this was all for show. >> tonight, more stunning excerpts from that 911 call. it breaks your heart to hear mommy and daddy breaking down in tears, seem

s in kabul and bagrhram than there are in colleges. let'sff the concept like and and start looking at results. shepard: your final point is support. laid that out for us. >> the bottom line is this -- we are there to create a working, functioning government in afghanistan. karzai has deliberately use that against us. talking to afghan politicians, they will say, give us a constitution that allows elected officials to dictate budgets, and we will have results. right now, it is all appointees, all controlled by karzai. it should be about the constitution, the method. shepard: two quick questions -- do you have any idea why it is that for six years, we neglected this war and left our young men and women over there, frankly, neglected? >> we won this war in three weeks. we use air power and with the hell out of the taliban and won this war, and then we said we should go peacekeeping. we were not paying attention. we thought we were doing a stabilization thing. now, we are at war. secondly, we are not focused on doing what we used to do, which is

hearing and people with speech disabilities access www.sprintrelay.com. >>> let's check those futures for you right now. the s&ps are up 360. that is, as we see, a little bit above fair value. so, i don't know, we're good for about 20, 30 points on the dow at the open, you know. things can change. we don't always follow the lead of the global but most of the time it works out that way. art cash season here from ubs. you know, i have a specific question i want to ask. i've been gone for a week. so i'm a little behind the curve here. before i left we were seeing weakness every afternoon. has that ended now? >> no, not at all. we got away from it initially on friday but then they came back a little bit. they were able to turn around friday on a couple of things. the sell-off was so sharp that we had the greatest -- sorry, the smallest number of stocks trading above their ten-day moving average than we've had throughout this whole rally. so once we got that oversold, they could take in that bad payroll news and, of course, the dollar reversal helped them but they couldn't sustain it enough to get to the plus side

s reality show. >> whose? >> see? see? >> let's move on a little to another story we covered this week. everybody covered this one, according to a friend, an alleged letterman extortionist, joe halderman is a hell of a guy. they say he's very good, very nice. he was live with this chick, what's her name? stephanie. >> yeah, this is a -- >> he only wanted $2 million. it's letterman. he could have asked for $50 million. maybe he is a nice guy. >> people have been talking all week, is it sexual harassment? i felt it was a bit wrong. i thought it was a little bit wrong. >> did letterman come on to you? >> he never had me on his show, so i don't care what he says. >> i was on there six times and never got hit on. that's depressing. >> he likes girls that work there i think because those are the girls he meets. he meets these girls. he doesn't go out. he has a lair up at the top of the building and that's it. >> now we understand why he doesn't go out. there's no need to go out. the party's at work. >> i know. it's weird, isn't it? >> it's a little odd. i never thought it was a sexual harassm

let's just say i was thrilled, d my wife was thrilledbout it, too. >> reporter: rember alfonso urcuyo? heot a job as a customer service rep, ending s 18-month ordeal >> they all say, "year and a half, oh my gosh, are u kidding? how can you dot," they said. and i've been trucki around. ( lahs ) >> reporter:nd it paid off. >> and it paid off. >> reporter: the kind of ns a lot re people are hoping to hear. >> you're fu of good news this week, aren't ya? >> oh,an, i love it when it's good news. >> reporter: jeff stine, "nightly biness report," davie, florida. >> paul: torrow, our friday market monitor guest is michl hasensta portfolio manager of the templen global bond fund. >> susie: onof bernard madoff's biggest investorss being asked to returbillions of dolrs to victims of that ponzi heme. former nework lawyer jeffery picower may have to give bk $7 billion he me investing with maff. the trustee recoveringadoff's assets wants that money retued to pple who were scammed. picower says that claim has merit. >> paul: if you're thinkin about buying a house or refinancing yo mortgage-- now could be theime. mortgage rat fell below 5% last wk

let you know. >> good the weather cooperated. >> it was a nice weekend. >> as a weather forecaster, i have to say i got up saturday morning and it s beautiful and i thoughtome on! we had talked about morning rain. >> that is okay. nobody was complaining. i can tell you that. >> let's take a look at what is going on with our temperatures across the region. we are in the 50s for the most part. 56degrees here in d.c. heading out to the west, pittsburgh, 44 degrees there. 44 in cincinnati. 45 in lexington,entucky. temperatures generally in the throw mid-50s right around the washington area. here is a look at the local satellite-radar. we do have clouds this morning but they're pushing off to the east and gradually they will push out of here and we'll be left with mostly sunny skies later on this morning and for the bulk of the day. today, precipitation remains well to the south and that is where it shall stay. it will not impact us for today. mostly sunny skies. breezy at times. that is the main weather feature of today. winds out of the west 10 to 15 miles per hour. high today about 73 degrees. right about where we should fob this time of year. there you go