for everything else, there's mastercard. captioned by media access group at wgbh access.wgbh.org [ ryan ] i got this new citi thankyou card and started earning loads of points. you got a weather balloon with points? yes i did. [ ryan ] points i could use for just about anything. ♪ ♪ so i used mine, to get a whole new perspective. ♪ [ male announcer ] the new citi thankyou premier card gives you more ways to earn points. what's your story? citi can help you write it. . >>> you're watching cbs5 eyewitness news in high definition. >> we did find evidence of widespread cracking across this entire surface. >> clues to a midair emergency. what investigators are now finding among dozens of grounded southwest 737's. >>> a pilot looses his life in a violent crash near oakland airport. how witnesses tried to save him. >>> and the final mission of the shuttle program is delayed. why scheduling glitch is keeping on the launch pad. >>> good evening. new discoverers grounding more planes as inspectors look at fleet of older 737's. they fo

bristow did respond to a sweepstakes invitation and purchased discounted magazine package with a mastercard. the bristows deny that, too. >> we don't have mastercard credit cards. >> reporter: they were never charged but while they have turned the page on their problems, they are still concerned about others. >> i'm concerned that in particular seniors may be being taken advantage of. >> reporter: now, florida's attorney general is currently investigating 175 complaints against this company. meanwhile, the u.s. postal inspector says if you receive anything you didn't order, you should promptly return to sender or you could be charged. remember, if you have a consumer problem, we would love to help. call us at 1-888-5-helps-u. >> thank you. >>> now let's send it over to lawrence for a look at the cloudy weather out there. >> we have clouds rolling in even a chance of rain returning to the bay area. breed a little sunshine but gloomy at the coast. we are going to see a good evening but things clouding up tomorrow. yes, there is a spring storm heading toward the bay area with a chance of light

do you know what the debit fee is in canada from visa and mastercard? zero. 40 cents a transaction for the united states of america, god bless them for treating us so kindly, zero for canada. why? because the canadian government spoke up for retailers, merchants and consumers and said stop this, it's price fixing. now we've done the same and the wall street lobby and the credit card lobby are coming down here, hitting hard to repeal this interchange fee reform. there was another study. 2009 paper put forward by the federal reserve's division of research and statistics entitled "interchange fees and payment card networks." then there was a 2008 paper by james mcandrews and chu wang of kansas city on the economics of the payment card markets. their study found, incidentally, privately determined card pricing, adoption and usage tend to deviate from the social optimum and imposing a ceiling on interchange fees may improve consumer welfare. hmm, kansas city federal reserve. they came up with this finding, but the credit card companies ignore it. they want a

anonymous made headlines after hacking pay pal and mastercard in retaliation for clothes in the accountsf wiki leaks founder. on its website anonymous claims no responsibility for the sony hack. regardless of who's at fault, this will cost sony. a data security research firm said the debris to cost $338 per compromised record. it was 77 million accounts, the firm believes this could cost sony $24 billion. one tech analyst as saying he doesn't expect the sales of the place station three to be affected. he thinks most people will really lose anything except for several days of online gaming. sony is hoping have the network running again in the deer to. >>jacqueline: wicked weather right now in tennessee and northern alabama. there is a tornado thunderstorms out break right now, really easy to see how dangerous the situation. all of those circles pop up on your screen are were tornados are occurring right now. we will have your local weather coming up. >>pam: new details, a young barack obama. you see him on the beach taken in hawaii, it today president barack obama tried to put an end to t

. >> an open loop card wore visa and mastercard those are most popular. >> knows act as debit cards, in other words. >> you know, they are supported by a deb et transaction but the difference is a gift card, it is a one-time use product. you can't reload it. we do offer reloadable products but those are not intended at gift cards, they are for every day spending. >> a part of sara's question, there are -- i'll make up foot locker i don't know if that's actually one. >> yes, it is. >> there are some obscure cards where you think, really, they have a gift card? >> right. >> why do you have a foot locker gift card? >> you do market research on this or take anyone that comes to you? >> perfect question. we do quarterly benchmark studies and we have a panel that we go out to across the country and look in different geographies at the brand and force rank them every quarter and ensure our displays are carrying the cards. about 80% of the content on our displays are exclusive to our network as well. so that's a huge advantage. let's go back to the benefit to the distributing retailers. thin

mastercard spending pulse keeps tabs on 140,000 gas stations nationwide. it says sales have now fallen for five straight weeks. the last time drivers cut back on fuel was in october of 2007, when prices were at $3 a gallon. >> susie: the clock is ticking. the deadline for filing your federal income taxes is just a week away. until then, our tax expert, kevin mccormally will be here every night with last-minute tax tips. he's editorial director at "kiplinger's personal finance." tonight, kevin has advice for people who may be owed money but not know it. >> with one week to go before the filing deadline, i want to talk about folks who are very, very far behind. i'm talking about the one million-plus taxpayers who still haven't filed their 2007 returns. i know there are at least a million of these scofflaws, because the i.r.s. says it's sitting on more than $1 billion in potential tax refunds that it owes these folks. and next monday is the deadline for them, too. if they don't file by then to ask for their money back, uncle sam gets to keep it. forever. why

mastercard advisors spending pulse, which tracks this, says it's the seventh straight week sales have slipped, year over year. the average price of gas last week was $3.81, but many americans are now paying $4 and more at the pump. this is a very anxious time for high school seniors. students and parents are crunching numbers, trying to figure out if going to college is affordable. michael mandel has some thoughts on the subject. he's chief economic strategist at progressive policy institute. >> all across the country, high school seniors are either enjoying the relaxation of being done with the admissions process, or are still deciding which college to choose. meanwhile, their parents are just stunned at how many thousands of dollars college will cost. is all that money worth it? the calculation is not as easy as it once was. since 2000, the earnings of young college graduates has dropped 15%, adjusted for inflation. over the same period, the real cost of college tuition has gone up by around 50%. the other factor is unemployment. a college degree used to be a guarantee of getting a

but the mastercard spending report shows growth was slower in some categories. easter, lingering cold weather and rising gas prices as consumers cut back on nonessential spending. but online sales jumped 16% as shoppers look for ways to save on driving. >>> public hearings are being held this week to discus fare increases. that proposal will include annual percentage increases over the next five years for buss and ferries. adult fares would go up $1 and increase 5% over the next four years. the other fares would increase 5% annually beginning july 1st. the first public hearing is tonight at the whistle top -- whistle stop in san raphael at 6:00 p.m. >>> time now 4:53. let's go back out to sal for a look at roads this morning. hi, sal. >>> claudine, hello again. we're doing pretty well out there. in case you're wondering if you want to leave the house now and drive to work if you have to do that this is a look at highway 24. we've been looking in the east bay to make sure things are still doing pretty well and they are on highway 4, on highway 680 and also on hig

russian iceland fans have had something to cheer about after spline or slips over on the women's mastercard in moscow the champions race by athletes competing indoors for the first time in russia and which was their. which has become a regular feature in germany's biafran calendar but this was the first time the sport has ever been held indoors in russia and there's plenty of interest has been fixed stadium was packed to capacity most of the top names descended on moscow and they said they would like to see what the russian capital has to offer. it's amazing. and being. with us today wasn't terminated voice now is realized but the weather was that loud so good that we had that nice time and also oh yes they are in soho where they get a good party and was really good i had never been there before i've been to russia eight times but all the times i've been around them us is this is a first time in moscow but i enjoy it i'm interested in history and so so that it's that you have a lot of there was history here moscow. three so for the russians competing he was to go through one limper gold in

funny russian bikes and fans have had something to cheer about after spec slips over on the women's mastercard in moscow the champions race soared by athletes competing indoors for the thoughts time in russia and which of them portrayed was better. when it's become a regular feature in germany's biafran calendar but this was the first time a sport has ever been held indoors in russia and those plenty of interest has been picked stadium was packed to capacity most of the top names descended on moscow and they said they were delighted to see what the russian capital has to offer. but it's amazing. to me. that this was yesterday wasn't heavily the voice now is realized but the weather was that bad so good bad we had that nice time and also yesterday in soho we like to get a good party and was really good and i had never been in before i'd been to russia eight times but all the times i've been around the house is this is the first time in moscow that i enjoy it i mean to that history and so so that it's that you have a lot of that was history here in moscow. three so for the russians competing to

the bristows deny that, too. >> we don't have any mastercard credit cards. >> reporter: the company hasing the magazines. turns out the bristows were never actually charged, but while they have turned the page on their problems, they are still concerned about others. >> i'm concerned that in particular, seniors, may be being taken advantage of. >> reporter: on the consumer watch, julie watt us, cbs 0. >>> right now, florida's attorney general is investigating 175 complaints against that company. the u.s. postal inspector says if you get anything that you didn't order, you should promptly return to sender or you could be charged. if you have a consumer problem, give us a call at 888-5-help- you. >>> lindsay lohan out of jail this morning, after being freed on bail overnight. yesterday, her lawyer appealed a judge's decision to sentence the actress to 120 days behind bars. she left the detention center in an escalade after posting bail. a judge ruled she had violated her probation. >>> donald trump seems to be bottom barged the air waves, even more than normal lately. lot of it seems to b

according to mastercard spending pulse, gas sales have fallen for five months and gas stations are reporting a 3% decrease in sales. truck drivers, stay at home mothers, commuters, everyone is finding ways to drive less. >> made me cut down at some extra trips and kind of consolidate trips within city boundaries. >> instead of filling up, going to buy $30, $40 worth. >> you don't run to the store as on. you make it on the way home -- you don't run to the store as often. you make it on the way home instead of during the job. >> reporter: a poll says nearly 70% of bay area drivers cut down the amount they drive, 44% tell surveyusa that hire prices at the pump have caused them to change or cancel summer vacations and half of drivers polled said the cost of gas has them thinking seriously of buying a more fuel-efficient vehicle. coming up in the next half hour, we'll hear from triple-a and get perspective on why this is all happening and it has nothing to do with supply and demand. sydnie. >> all right. thank you, kiet do in santa clara. >>> you don't have to drive far to get sunshine today, i g

according to mastercard spending pulse, gas sales have fallen for five straight months and gas stations are reporting a 3% decrease in sales. truck drivers, stay at home mothers and commuters everyone is finding ways to drive less. >> maybe cut down on extra trips and consolidate trips within city boundaries. >> instead of filling up, going by $30, $40. >> you don't run to the store, the parts house as often, you're going to make it on the way home rather than during the job. >> we'll figure something out. >> reporter: and our new eyewitness news poll shows bay area drivers are changing their habits. nearly 70% say they have cut down the amount they drive and 44% tell surveyusa that hire prices at the pump caused them to change or cancel vacation plans. half of the drivers polls say they are going to buy a more fuel-efficient vehicle. coming up in the next half hour we'll hear from triple-a and get perspective on why it's happening. >> we could hit $5 a gallon. can't imagine, can you? >> reporter: $5 a gallon , if you are smart about it you won't have to pay that. but -- >> we'll think

according to mastercard spending polls gas prices have fallen for five straight months. gas stations are report ag three% decrease. >> as gas prices go up they look for mass transit, can a carpooling or biking to work. >> reduced demand doesn't necessarily mean reduced prices. >> not just what's happening here in the united states it is happening on a global scale because that's oil is traded on a global scale. >> as the world demand for crude keeps rising so does the price of gas. >> the prices are largely driven by investors not necessarily by those traditional supply and demand factors. >> factoring political unrest in oil producing countries and the oil refineries in the process of switching to the pricey slumer blend they predict it will skyrocket passed the all time record of 4.11 threatening to pump bay area prices up above the $5 mark. >> it will destroy us. >> now, for those looking to save on gas, there is a few things you can do. make sure your tire pressure is accurate. and it matches what's on your door frame. that's where you find out exactly what it should

mastercard says americans bought 3% less gas last week than the same time last year. nicole lapin is live at cnbc world headquarters with the rest of our news before the bell. good morning. better car pool. >> reporter: that's right. well, you guys can have an entire car pool, just your family, just saying. but, yes, i think that that trend could continue to trickle over because, look, i know these segments, we try to make them different every single day but that's a theme we're going to continue to talk about throughout the summer because it continues to pain folks at the pump. what pained investors yesterday was the stock market. it looks like things have changed today. futures are higher after yesterday's big sell-off, laura. stocks dropped. several economists cut their gdp forks or growth forecasts and that hurt oil prices. crude is back at $106 a barrel today. asia rose overnight, europe is also higher, so that could come over as well and give us some love. we've got data on retail sales and business inventories. the dow dropping 117 points yesterday to 12,263. t

. >>> a new report released by mastercard this morning shows retail sales growth slowed in several categories last month but consumers are still spenting more than what they did a year before. clothingings electronics and luxury goods all had higher sales than march of 2010. and online spending in all categories jumped 16%. many shoppers look for ways to save on driving costs. lingering cold weather and rising gas prices kept many out of brick and mortar stores. >>> several car rental companies oppose a state law that deals with recall issues. california would be the first state in the country to pull vehicles out of fleet when the manufactures issue a recall notice. the issues should be dealt with at the federal level so they don't have to navigate a patchwork of state laws. >>> orange county company amazed at the number of people who want to change their homes into billboards. the start up advertising company is offering to make mortgage payments every month a home is painted with its ad. they launched the offer yesterday afternoon and has already had a church and more than 1,000 homeowners

the visa and mastercard on behalf of the biggest banks primarily get a 2 cent tax on every dollar that you spend with plastic. so when you go to the store or go to the pump, you are paying 2 cents to visa and master card through the prices that you pay. let me say it another way. the merchants pay so much to the banks. they can't negotiate it. they pushed for a provision in dodd frank that allows the federal reserve to regulate just the debit card part of the interchange fees that they pay. they think that consumers will ultimately benefit because right now cash customers at the store or at the pump subsidize rewards customers who are arguably much better income people. so there's a fierce fight going on if you ride the metro you see the ads, the banks are trying to push back and kill this. the banks claim they're all about providing fairly cost services to low income people and this will take away that opportunity. the banks have never been about providing fairly costed services to people. it's absurd. i think the marchents will be forced to pass along the savings that banks have not

mastercard does this survey every single week that looks at the consumption and spending on gasoline.me less gasoline each week as prices increased. >> so could this actually end up -- if we want to find the silver lining here, if we're buying less gas, then the supply is going down. is there any chance that then the prices could go down? >> yeah, well certainly as supplies continue to remain constant, which is what we're saying. so demand is going down right here. what you see when demand goes down, you do see prices start to climb. but what we're seeing is the impact of libya and the unrest overseas in the middle east and africa which, by the way, are not big places that we get a lot of our oil from. but they're hot beds for geopolitics. any time you see this disarray taking place in the middle east, i've been on the mercantile exchange floor where oil is trade in this country for multiple days. what you see there is any time any headline crosses that talks about disruptions in the middle east, unrest there, you tend to see prices spike. what a lot of economists are saying if that s

according to new figures from mastercard this is putting the squeeze on nonessential spending. they were saying the growth in online sales accelerated last month as shoppers were trying to save on gas. back to you. >> thanks, mandy. >>> finally, a stunning victory brought this year's ncaa tournament to a close as the women of texas a & m took their first championship title beating dame 76-70. just one night after uconn's win made jim calhoun the oldest coach to clinch the men's title gary blair became the oldest coach to win the women's title at 65. >> let's hear it for the old guys. >> yeah! >> they are only old in chronological terms. they are young at heart. >> i'm old both ways. >> you're one of the youngest at heart i know. >> well, thank you. unfortunately our friends in the pacific northwest continue to get hammered. we'll see a couple of storms coming over the next seven days, moving into the pacific northwest. the one right now dropping a foot of snow through the cascades t. sierra seeing a foot into tomorrow with a half inch of rain along the coast. sunshine midatlant