later on this day, investors focused on new economic data from the u.s. incoming orders for durable goods went down significantly, and this also led to the fact that the dax was able only to end up with a few gains. >> we stay in frankfurt for a closer look at thursday's numbers. there in frankfurt, the dax -- modest gains, finishing at 7290. euro stoxx 50 up by 1/3 of 1% across the atlantic, things looking much better. the euro finally gaining a bit of ground against the greenback, trading at a value of $1.2915. >> industrial action continues to spread across south africa's mining sector, and concern is growing about the impact of the economy there. traders are also eyeing possible impact on the price of gold. >> among the affected companies, the world's third largest producer of gold, and it employs 35,000 people in south africa. most of them have now walked off the job. >> the striking south african miners are determined to get more money for their grim job. theirs is a physically demanding task fraught with danger, and they say only the rich mine owne

new economic data suggests the troubled housing market has bottomed out and is now recovering. posting a two-year high. existing home sales shot up nearly 8% in august. builders broke ground on a lot more homes last month. up more than 2%. all that sent home builder confidence to its highest level in six years. and there's promising news about jobs. target says it plans to hire 80,000 to 90,000 holiday workers. kohl's, more than 52,000 temporary workers. the improving economic news could impact the presidential race during the final sprint. mitt romney is trying to pivot his campaign back k to economic issues, after the firestorm surrounding his private comments to wealthy donors that 47% of americans see themselves as victims. he addressed the comments during a univision forum last night in the battleground state of florida. and then moved on to the economy. >> my campaign is about the 100% of america. and i'm concerned about them. i'm concerned that over the last four years, life has become harder for americans. >> reporter: president obama's message? if voters want the econo

new economic data suggest the market hasusing out and is now recovering. existing home sales shot up 8% in august. builders broke ground on a lot more homes, up more than 2%. that sent home builder confidence to the highest level in six years. promising news about jobs -- said they planned to hire to 90,000 holiday workers. calls, more than 50 to 50kohls, than 52,000 workers. mitt romney is trying to pit economy back -- campaign economic issues after hi firestorm comments that 47% of americans see themselves as victims. he quickly moved on to the y.onom about the 100%is americans. about them.ed i am concerned about the fact four yearshe past become harder for americans. message --t obama's if voters want the economy to back, they need to give a second term. a message bill clinton has taken the road. grow and will grow again. to reelectd obama to do it. [applause] >> polls showed president obama battlegrounducial states. campaign is trying to pick up steam. romney and paul ryan had to ohio on monday. a closer look at the numbers for -- president obama on th

new comaik data. invest -- new economic data. investors are waiting for this week's federal reserve meeting. some people are thinking last week's bad jobs report might mean the fed is likely to do something to boost the weak economy. the dow came off of a five-year high dropping 52 points in trading yesterday. nasdaq off by 32. s&p 500 was down by almost 9. >>> we are shopping more. we just are putting it all on our credit cards. the federal reserve says americans cut back credit card use in july for a second straight month. consumer debt declined even though americans boosted their spending by the most amount in five months. >>> the virginia department of transportation is making it easier for drivers to get an ed pass transponders to pay tolls in virginia and 13 other states. officials say the recently launched ez pass and the go program allows psengers to get prepaid ez pass transponders at various retail locations throughout virginia. it's pretty easy. pick up a transponder, ez pass it. >> i think it's a great idea. more and more people are going to use it and why not make it easy to gra

he's seizing on new economic data. from 1.7% to 1.3. >> this is not just one quarter. this has been going on now for years. china is growing much faster than we, russia is growing faster than we. our economy needs to be reinvigorated. >> reporter: the labor department announced it undercounted nearly 400,000 jobs in 2011. meaning that 4.4 million jobs have been created since inauguration. but the president said there's still more work to do. >> we're not where we need to be. not yet. we've got a lot more folks who have to get back to work. we've got a lot more work to do to make the middle class secure again. but the question is, whose plan is better for you? >> an obama win in virginia could be deal romney a crushing blow. the president won here in 2008 becoming the first democrat to do so since johnson. football fans are everywhere so it's no surprise a reporter asked romney about the deal to end the dispute between the nfl and its referees. a question romney appeared to fumble. >> what do you think about the nfl? >> i sure hope they do. >> and romney finished his we

. >>> as for wall street, we're waiting for some new economic data. of course it probably won't overshadow the feds' decision yesterday. >> cbs this morning is next with the latest from libya and a look at a final battalion of marines being deployed to afghanistan. >>> howard and i will be back in 25 minutes with a live update on traffic and weather. >> keep us with the news and weather on wusa9.com. >>> we'll see you monday morning at 4:25. have a wonderful weekend.

new economic data suggest the troubled housing market has bottomed out and is now recovering postingsting home sales shot up 8% in august. builders broke ground on a lot more homes up 2%. all that set home builder confidence to its highest level in six years. >> that is very, very rare good news on housing. it's not all across the country. in san barnardino, a different situation. >> the foreclosure here is three times the national average. >> has the recovery come here? >> no. >> no. in fact, do you know 16 million homes across the country are under water which means that they owe more than the house is worth? and the amount that they owe extra is $1.2 trillion. in san bernardino, they said why don't we do eminent domain. in this case, they want to take the homes so that they can sell them back to the owners so they don't have to be foreclosed on and they can pay a mortgage that's reasonable, that's the market value. so understand that that $1.2 trillion instead of going to the banks nationally, it could be going to the economy and they could be spending money buying refrigerators a

new economic data to be released this week makes it unlikely that the unemployment rate will fall in the 9 weeks until the 9 election. jack lew joins me. he speaks to us tonight personal capacity representing the campaign. also with us al hunt. he is my partner for this evening. i'm pleased to have him always. good to have you back at may table even though it's different than the normal. it's normally at night not during the day. having said that, tell me what it is that you think is the principle argument that the obama administration has to suggest they ought to be re-elected. >> charlie i think the central argument has to do with our vision of the future vs. theirs. the president's record is strong and his vision of the future is one that builds as we say so many times from the middle out. there was the view of going back to tired and broken economic policies from the top down that didn't work, won't work again and aren't good for the economy or working americans. i think we have a pretty central kind of decision for the country to make, which way to we want to go? do we want to g

draghi, the ecb president, might have to say pushed a little bit in the background corporate news and economic data. >> we say in frankfurt for a closer look at wednesday's numbers. the dax finished up by more than 0.4%. you're a -- euro stoxx 50 also looking pretty good. the dow at this hour unchanged. the euro trading at a value of $1.2595. >> that is it for now. we will be back just after the break. do not go away because we have a story about 10 somali pirates who are being tried at a court in hamburg. >> do not go away. >> welcome back. 10 somali pirates are being tried in court in hamburg in northern germany. >> in 2010, they allegedly took over a german vessel in waters off the coast of somalia before being overpowered by a european naval patrol. >> as the trial nears its 100th day, we look at how the german legal system is dealing with its first pirate case in a very long time. dan hamburg pose a criminal court has seen its share of villains -- >> hamburg's criminal court has seen its share of the lens, but this is the first time in 130 years that alleged pirates are appearing -- its share

he's seizing on new economic data revising down the 2nd quarter gdp. >> this is not just one quarter. this has been going on now for years. china's growing much faster than we. russia's growing faster than we. our economy needs to be reinvigorated. >> but not all the numbers paint a gloomy picture. the labor department announced it undercounted nearly 400,000 jobs in 2011 meaning that 4.4 million jobs have been created since the president's inauguration. slightly more than the number lost in that same period. but the president said there's still measuring work to do. >> we're not where we need to be. not yet. we've got a lot more folks who have to get back to work. we've got a lot more work to do to make the middle class secure again. but the question is, who's plan is better for you? >> an obama win in republican-leaning virginia could deal romney a crushing blow. the president won here four years ago becoming the first democrat to do so since lyndon johnson. but in the state the military vote is not the only game in town. football fans are everywhere. so it's no surprise a reporter

you heard mitt romney trying to tie national security issues to that new economic data that came out today. the gdp was revised downward as we have been recording in the second quarter from 1.7% to 1.3%. mitt romney said take a look at gdp numbers over in china and russia, the united states is falling behind those countries. he said that the united states needs to be doing better than europe. that's one of his big go-to lines. europe is not working for europe. it isn't going to work here in the united states. so these two campaigns are going to be going at it over the economy. we heard president obama throw out a very attack line talking about the mother jones video that came out. he said in front of that crowd, he said when i look out at this crowd i don't see a lot of victims, referring to what mitt romney said in that hidden camera video. they're talking about defense stuff. but the economy looming o everything else. >> thank you, jim. appreciate it as always. president obama and mitt romney face to face. first presidential debate wednesday night. watch it live, 7:00 eastern or cn

data point that we are comparing that to. two additional years of lackluster growth, frustrating unemployment and people have gotten used to the new normal. look at the economic data and they revise the latest quarter downward a couple of points. the economy is still rough. neil: i think we have gotten used to this trend of lousy numbers. >> exactly, you are lowering the bar of expectation. i am so hopeful that we have two more unemployment report before the presidential election people will zero in on these and realize that the policies are not working. that the economy is trouble. >> at this point, we shouldn't be the country that celebrates media and. suddenly, i can return to the roots of america. show us how you do it. i am shocked that obama is polling better than mitt romney on the economy. neil: is that obama still? >> it is the phrase du jour. i want to hear him be loud about this. spending cuts and higher taxes, they say that this will drive us into a full recession if they don't resolve it. neil: bearer scaring everyone is a party, they are scaring everyone. >> they should be scared. >> the bottom line is that this is not the america that became th

. >> new government data shows economic inequality widened last year.wealthiest americans increase their share of total will buy 4.9% while the median income reached its lowest level since 1995. some 46.2 million americans were classified as living in poverty. the census shows the number of uninsured in the u.s. dropped for the first time in three years with 1.3 million people obtaining insurance. >> rick joined by cornel west and tavis smiley and what they call poverty tour 2.0. they are co-authors of the book, "the rich and the rest of us: a poverty manifesto." professor west comes from princeton university. tavis smiley an award winning broadcaster. welcome to "democracy now!" tavis smiley, tell us why you have chosen these states and what you have found. >> thank you for having us back. we have chosen the states because it is about being at the right place at the right time, with the right message. last year nine states, 18 cities, and another 20 cities on the poverty book tour, now back to these four battleground states -- ohio, virginia, pennsylva

european markets are higher after the bank of japan announced it would launch a new economic stimulus program. we do get dataut this morning on housing starts and building permits as well as existing home sales. so expect those three factors to be moving this morning. yesterday, the dow did rise 11 points. the nasdaq falling less than a point to close at 31.77. the los angeles lakers may have a new landlord in their future. billionaire is putting his aeg sports and entertainment empire up for sale. they own the staples center, the home of the lakers and clippers. the company also owns the kings and l.a. galaxy soccer team. a sale could reportedly fetch billions of dollars. the bidders include newscorp. the parent of fox. back to you. >> all right, thanks much. >>> we all know that probably the most common pin is, like, 1234. i'll tell you what the least common pin is. little later. >> interesting. okay. >> always got something different for us. appreciate it. 5:17. as far as the weather, it's not quite different. if you like mild temperatures, the sea breeze is good. because yesterday we saw temperatures in

we will also get the latest new home sales data and also a look at consumer confidence. any economicinto the election. meantime, nike and blackberry researcher maker in motion looks at earnings reporting this week. we will track it all for you on cnn money. >>> i am a.j. hammer, and we are catching up with tv legends, carol burnett and vicky lawrence. we will talk about how ""the carol burnett show"" changed television forever. >>> the first lady, michelle obama speaking out about voters' rights and talked about voter id laws, something my next guest says in a world is racism. matt's brakes didn't sound right... ...so i brought my car to mike at meineke... ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> republican lawmakers pushed voter id laws across the country and democrats are crying foul. we started our conversation with the remarks by first lady, michelle obama, at saturday night's caucus. >> we all get a say in our democracy, no matter who we are or where we are from or what we

we will also get the latest new home sales data and also a look at consumer confidence. any economicnto the election. meantime, nike and blackberry researcher maker in motion looks at earnings reporting this week. we will track it all for you on cnn money. >>> i am a.j. hammer, and we are catching up with tv legends, carol burnett and vicky lawrence. we will talk about how "the carol burnett show" changed television forever. >>> the first lady, michelle obama speaking out about voters' rights and talked about voter id laws, something my next guest says in a world is racism. you hr the quiet sneeze... ♪ [ sneezes ] [ male announcer ] you may be an allergy muddler. try zyrtec®. it gives you powerful allergy relief. and zyrtec® is different than claritin® because zyrtec® starts working at hour 1 on the first day you take it. claritin® doesn't start working until hour 3. [ sneezes ] [ male announcer ] zyrtec®. love the air. join zyrtec® rewards. save up to $7 on zyrtec® products. >>> republican lawmakers pushed voter id laws across the country and democrats are crying foul. we started ou

we will also get the latest new home sales data and also a look at consumer confidence. any economicthese days plays into the election. meantime, nike and blackberry maker research in motion both report quarterly earnings this week. and kraft will be replaced by united health care on the dow. we'll track it all for you on cnn money. >>> i am a.j. hammer, and we are catching up with tv legends, carol burnett, tim conway and vicki lawyer wednesday will be with me. we will talk about how "the carol burnett show" changed television forever. plus i go one-on-one with justin bieber. >>> the first lady, michelle oba speaking out about voters' rights and talked about voter id laws, something my next guest says in a world is racism. now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-calorie sweetener made from the goodness of fruit. the rich, sweet taste of sugar. nothing artificial. ♪ it's all that sweet ever needs to be. new nectresse. sweetness naturally. >>> republican lawmakers pushed voter i.d. laws across the country and democrats are crying foul. w

we're also going to get the latest new home sales data and also look at consumer confidence. of course, any economicews these days plays right into the election. meantime, nike and blackberry make a research in motion. both report their quarterly earnings this week. and kraft will be replaced by united health care on the dow. we'll track it all for you on cnn money. >>> i'm "showbiz tonight's" a.j. hammer. this week we're catching up with tv legends carol burnett, tim conway and vicki lawrence. we're going to be talking about how the ground-breaking carol burnett show changed tv forever. plus i go one on one with justin bieber's mom. >>> more allegations from u.n. sources. that's straight ahead. >>> this is an eco brick. this is a container, and this is where you stuff all of the wrappers, all the plastic bags, everything what's considered inorganic trash. just put the lid on the top and then you have an eco brick re y ready. i'm susannah hasek, i'm the founder of the movement. ♪ [ male announcer ] the first look...is only the beginning. ♪ ♪ introducing a stunning work of technology. ♪ introducing t

all the economic data shows it. in chicago and new york city the crime rate is higher, washington, d.c. the crime rate is higher because the only people who are allowed to obtain guns are criminals because they don't care about breaking the law whereas law-abiding citizens are willing to obey the law, but they still have the consequences of people coming into their home or being mugged on the street. texas and arizona are good examples of where you're allowed to carry concealed, and every state i believe you're allowed to carry concealed except for illinois, of course. and can those crime rates have gone down as a result of that, because it's a te tent. in mexico t the perfect example. i always say that president calderon claims that he wallets to take cartels on, but in my opinion he's actually on their side in a sense because he doesn't allow his own citizens to carry their own firearms or own their own firearms, so guess who has the guns? the cartels, and their mowing everyone down. libya is another example of this. what happened w

. >>> topping headlines on "andrea mitchell reports" -- new census data released today offers a glimmer of hope for the economicest number of new jobs, and to signs that young adults are finally moving out of their parents' homes. however, the data also reports more americans now use food stamps and home ownership dropped for a fifth straight year. >>> american airlines canceled 300 flights to cope with the high number of maintenance request and pilot sick days. this comes after the airline imposed new paying work rules of pilo pilots. american is giving crews more leeway to hand out light snacks to delayed passengers. what a relief. >>> mark zuckerberg fell 22 spots of forbes' newest 400 list. he lost 8.1 billion with a "b" dollar is this year. gates and buffett the richest men in america. oprah came in at number 51. sto sto forbes shows the rich got richer. >>> "endeavour" is one step closer to its final resting place in a california museum. flew out of houston en route to california. it will pass over tucson arizona to honor gabby giffords and her husband mark kelley. >>> the state department issued another

the united states and japan help to play another round of economic data there's also the release of the new poll five as well that's personal the technology says the rate as well as i say you know we're keeping track of all the activity insults he's out the day so join us in about thirty five minutes right here that should be exciting thank you very much for that i'm coming to have peaceful about these gas can the controversial phone knocking islamia really be the only reason behind the process has taken place across the world that's up shortly. like millions of americans i've lost thousands of dollars in retirement funds and i haven't had as bad as many it's not just about this it's about need to. be. needed. now. since this is my film i get the last word this financial crisis will not be turned off like a light sleep. if you're passing through rushes to the region you really. saw it. thousands of kilometers of unspoiled countryside make up an area where it's still possible to live off the land and enterprising locals so the fruits of the forest by the side of nearly every road. such spect

prices rose in new york overnight as they cheered spain's effort to fix troubled finances. we got some economic data and what can you tell us about that? >> before i talk about the stock market let me dpgive you the headline figures. the industrial out put fell 1.3%. that's the second straight month of decline and it is worse than whattagists had expected. second of all we also had some inflation numbers. consumer price index fell 0.3% compared with the same month last year and that's the fourth straight month of decline underscoring japan's deflationary trends eaking of e ock market trading let's check where the nikkei average is. it's up about.2%. analysts are saying that china will continue to be a key factor in tokyo. on thursday the nikkei average fell but reversed to positive territory as investors saw a shanghai stock surge. we also need to keep a close eye on china. shares given the ongoing political tension between japan and china. overnight gains in europe are going to provide some support for japanese shares. a bigger gains for the nasdaq. it finished at hopes that spain is moving towards

new economic numbers for you today. yay! after three consecutive years of increasing poverty rates, new data released by the census bureau findshat the poverty rate remained unchanged at 15% in 2011. that's better than going up. that means 46.2 million americans are living at or below the federal poverty line. but, and this is important to remember, that's before you take into account all the anti-poverty programs, like 2350d food stamps and the earned income tax credit we have going. when you bring those into the calculation, the number is probably lower than many millions of people. well, the poverty levels held, the census did find a rise in income inequality. the income of the highest quintile of earners was 1.6%, while the middle fell. so the rich are getting richer and the rest of the country is not. but we do have some genuine good news here tonight. the number of uninsured americans, which usually goes up in bad economies, is dropping. about 1.4 million more americans have health insurance than had it one year ago. after three years of rising uninsured rates,ing the percentage of people without health insurance coverag

alan krueger, chairman of the council of economic advisors brushed it off saying the new data shows howad the crisis was but we're making progress. krueger's predecessor said the opposite about the gdp in a january appearance on abc's "this week"? >> if it is growing less than 2% or thing goes wrong in europe he will be facing trouble. but we are somewhere right now splitting the difference. >> republican mitt romney's campaign pounced on today's numbers. >> eventually you are going to need an elec ron microscope to detect any growth at all in the obama economy. >> new fox poll shows romney is in the capitalizing. on the question who do you trust to do a better job on the economy, president edges him 47 to 46%. >> if i could sit down with you in living room or around the kitchen table here is what i'd say -- >> he unveils a new informal ad touting his plan and ripping romney. >> gor romney believe -- governor romney believes with bigger tax cut for wealthy and fewer regulation on wall street, all of us will prosper. he'd double down on the same trickle-down policies that led to the cris

that news helped gold continue its recent climb toward its biggest quarterly gain in two years. >>> earlier mixed economic data failed to impress investors. initial jobless claims hit a two-month low, but the final tally on the second quarter gdp was lower than expected. >>> after the bell, battered blackberry maker research in motion reported a smaller than expected quarterly loss. shares soared in late trade. discover also got an after-hours boost from upbeat earnings. nike, however, stumbled thanks to weak demand in china. >>> earlier apple drove techs and the nasdaq higher. >>> ge, part owner of this network, hit a four-year high after predicting a 10% rise in industrial revenue. >>> tempur-pedic shot up after announcing it will buy rival sealey for about $229 million. >>> heineken won a two-month battle for asia pacific breweries with its $4.6 billion bid for the tiger beer maker. >>> california governor jerry brown signed twin bills yesterday blocking universities and employers from requiring applicants to give up their e-mail or social media passwords. >>> and, finally, zegat is out with its 2012 fast f