the obama dollar rally is being driven by this differential. the federal, all got hit by this financial shock. it produces different economic outcomes a few years later. the u.s. acted aggressively, early. our turnaround come in 2009. the ecb just began theirs. joe: the hiking cycle, one of the topics we will be talking next year as the pace. where do you stand on this question? to herree that we get three next year. i'm not sure about that fourth one they are penciling in. there are large investment makes saying four hikes. but what makes us different is they have a couple of tools they did not have before. one of them is the size of the fed's balance sheet. $4 trillion. about $220 billion of the u.s. treasury is in short next year. sured next year. maybe letting some of that expire and rolloff the battle in sheet, will create some tightening that could create a point rate hike. scarlet: and the fed has a target range as opposed to a fixed point. do you see a return to the fixed point target anytime soon? >> it is very important that the fed h

was 635 to 33 vote in the sate a with that the congress sent president obama year end budget pack atotaling 1.14 trillion dollars. president obama signed a measure to se there will nobody government shut down in 0 16. spending pl spending includes federal funding r plned rthood. >> michael nutter lves job of mayor of philadelphia on january 4 and revealed he will devote the xphase of life towards fighting poverty in philadelphia. he did not offer specifics saying iwould come later. here's part two of one-on-one with mayor nutter. nutter and i were looking at pictorial exhibit ohis years in budget. he showed a bit of no, sir tall gentleman and pride and said he would kto think people have seen him he's a strong leader. i wanted to know wre he also feels vulnerable. >> ere did cel nutter fail? what is juror greatest sense of disappointment as you now look back? >> sure i want a student >> sure i want a student-weighted funding formula to provide stated occasions funds for the children of ts city to get a high-quality education. that is a a matter. it's general assembly and governor and i put a tf time and and focu

here's bill gates alongside president obama, announcing a multibillion dollar clean energy project. and then president obama and putin huddling on the sidelines. a white house official said obama expressed his regret over turkey's recent downing of a russian warplane. but also made clear that president bashar assad would have to leave power in syria. and speaking this morning with turkish president erdogan, president obama said he supports turkey's right to defend itself. now here's israeli prime minister benjamin netanyahu and palestinian president mahmoud abbas doing something highly unusual, shaking hands. now, as for the climate, specific discussions, most of the world leaders will leave today, but thousands of delegates stay here for two more weeks. they will try to hammer out that agreement. >>> british prime minister david cameron says there is growing support among members of uk's parliament to take action against isis. cameron called for lawmakers to vote tomorrow over whether britain should launch airstrikes in syria. a senior defense official tells "usa today" that the pen

trying to brush off the lame duck label for the rest president barack obama praised congress for passing a 1.1 trillion dollar budget deal that includes tax cuts. sot president obama: (no super) :07-:25 "i am not wild about everything in it. i am sure that is true middle class without ideologicalal provisions that would have weakened wall street reforms or rules on big polluters." passe avoids a government shutdown. sot: sen. mitch mcconnell, majority leader (r-k-kntucky) :29-:34 "i wanted to end those kind of rattling experiences the american people don't'tlike." on the fight aggnst terrorism. sot president obama: (no super) :36-:38 "we are going to defeat isis !" the president says his policies have stalled the growth of isis. sot president o oma: (no super) :42-:51 "as we keep up the pressure our air campaign will continue after the deadly attack in san bernardino, mr.obama says he has adjusted security procedures based on what feeeral agents leerned. super) 1:00-1:12 "we are continuing to work at every evel to make re there is no slip between information shaping amongngagencies." the president says he won

president barack obama praised congress for passing a 1.1 trillion dollar budget deal that includes tax cuts. sot president obama: :07-:25"i am not wild about everything in it. i am sure that is true for everybody. it is a budget that invests in out military and our middle class without ideological provisions that would have weakened wall street reforms or rules on big polluters." shutdown. sot: sen. mitch mcconnell, majority leader kind of rattling experiences the the fight against terrorism. sot president obama: :36-:38 "we are going to defeat isis !" the president says his policies have stalled the growth of isis. sot president obama: :42-:51"as we keep up the pressure our air campaign will continue to hit isil harder than ever. taking out their leaders, commanders and their forces." after the deadly attack in san bernardino, mr.obama says he has adjusted security procedures based on what federal agents learned. sot president obama: 1:00-1:12"we are continuing to work at every level to make sure there is no slip between information shaping among agencies." the president says he won't

ronson's hit *uptown funkand the president said he loved kendrick lamar's *how much a dollar cost.the martian was obama's favorite movie. michelle liked *inside out.and what were they watching on tv. the president had me looking this up on imdb, his fav. show this year is the knick.its a show about the staff at new york's knickerbocker hospital during the early 20th century. michelle was watching *blackish. at noon, some groups are upset at the name of a new navy combat ship.why its rubbing people the wrong way next. next. cbs-2 news connects with the corridor.call us with your story tips at 1-800-222-kganor email us at news at cbs2iowa.comor connect with us kim jong un is claiming north korea now has a hydrogen bomb. bomb.that's according to state media.an "h-bomb" can be hundreds of times more powerful than an atomic bomb. un reportedly made the claim while touring a historic weapons site in north korea. if his claim is true, it would represent an up-grade to the community nation's ability to create a nuclear weapon. argentina officially has a new president. president.mauricio macri received the countr

obama's desk.. he's expected to sign it sometime in the next few days. the 1-point-1 trillion dollar bill will avert a government shutdown until september. president obama wrapped up his final press conference of the year a few hours ago -- and he says that.. despite opposition from the republican- controlled congress.. he still hopes to pass several bi-partisan initiatives. abc's bazi kanani reports from washington. before leaving washington for the holidays... the president thanked congress for a bi-partisan effort to pass the trillion dollar budget to fund the government and avoid a shutdown. (president obama) "there's some like, but that's the nature fo congress." after touting his success in 2015 on the economy, healthcare, climate, and marriage equality... he turned to his priorities for the next year-- his last in office. (president obama) i've never been more optimistic about a year ahead than i am right now and in 2016, i'm going to leave it all on the field. and with continuing strong opposition from the republican-controlled congress... he said he would not use his executi

oil is now selling for less than 35- dollars per barrel. president obama is also talking involves taking out the oil fields isis uses to fund terror attacks... "in recent weeks, we've unleashed a new wave of strikes on their lifeline. their oil infrastructure. destroying hundreds of their tanker trucks, wells, and refineries. and we're going to keep on hammering those." president obama made a rare visit to the pentagon today to get an update on the fight against isis. obama says isis has lost 40-percent of the area it once controlled and that the u-s is targeting the the u-s is also reviewing its visa screening process... it follows this months terror attack in california that killed 14- people. one of the suspects... tashfeen malik came to the u-s on a fiance-visa. the state department says she was screened... but that screening did not include a review of social media posts. malik had posted that she supported isis and that she wanted to be a part of it. for an individual to be able to come into this country, one who the fbi has maintained had terrorist

obama's agenda. this was a trillion dollar budget deal negotiated in the dark of night. funds 100% of obamacare. there is a reason why 2 men and women here in virginia and across the country are feeling frustration. if we keep winning elections and nothing changes. >> if elected do you want to change republican leadership in congress? >> what is clear now is that leadership is not going to come from congress. that republican leadership in congress is either incapable or unwilling to lead. which means what we need is a strong principled conservative in the white house. if i am president i will make 1 ear if you send me a $ trillion budget i will veto it, if it is filled with pork. the problem we face is the washington cartel. the career politicians with both parties and get in bed with lobbyists. think about the last time we broke the washington cartel in 1980s. it was the reagan revolution. it came frot the people. what i am so encouraged by now is we are seeing in this campaign that same grassroots tidal wave building. seeing conservatives uniting behind our campaign. today we have had roughly

obama administration have helped. the efforts have jumped from about 2.4 billion dollars in 2008 to 7 billion dollars in the fiscal year. here is how michelle obama explained why it makes economic sense in cities to ends this. >>> recent studies have shown that one chronically homeless person can cost communities between 30 to $50,000 per year. in emergency room visits, medical bills, law enforcement. for some individuals it can be even higher. the cost to give someone a home of their own is only about $20,000 >>> the first lady was helping promote the president's goal of ending homelessness by veterans by the end of 2015. in some cities they have already met the goal, but it remains out of reach for other cities. the l.a. region has the largest concentration of homeless veterans in the united states, more than four thousand people. l.a. mayor backed off his among pledge to get every homeless veteran off the streets by 2015. some advocates say deadlines are not what matters most in addressing veteran homelessness. it is making sure that federal state and local officials are united in addressing the problem. even them v

dollars. the family has produced three prime ministers. the race is on to replace obama when he leaves the white house. whoever win says next year's election will have wealthy backers. obama raised and spent more than half a billion dollars to win the presidency three years ago. it is expected his successor has to raise even more. a report from new york >> reporter: they're running to be president of the united states but also in a race for the hundreds of millions of dollars needed to pay for it. the start and finish line of the money race is wall street. big banks and their employees, the largest contributors to campaigns. in just a six-month period here is what bankers have contributed so far. 636,000 to democratic party front runner hillary clinton, 606,000 to republican jeb bush. by law in the u.s. the most an individual can contribute to one candidate is $2700. here on wall street wealthy banker types often get around this by collecting individual campaign contributions from their equally wealthy associates and co worksers and then bundle all those contributions to

obama also called a global talks an act ovdefiance against terrorism and high profile entrepreneurs like billpr gates and richard bransen announce what they call a break through energy coalition to use private dollars to fund clean energy. and president obama is meeting withee the turkish president before heading to washington later today.sh >>> with about two months left until the iowath cogs, the cases for high powered indorsements. and trump hadrs a closed door meeting with black clergy liters.. he nbc katy ter reports. >> reporter: donald trump in spin mode holding a private meeting with black pastors and leaders. >> there were unbelievable solutions i think to problems. >> reporter: the meeting was supposed to result in an indorsement and instead trump's campaign abruptively canceled the press conference after they had themselves faced back lash from their communities. >> we made history today because we had meaningful dialogue with mr. donald trump and we voiced concerns that were center to the >> reporter: the atmosphere was tense as they talked about a tweet trump sent out as well as his handling of a black lives matter protester when was kickd and punched. >> it was absolutely disgusting w

(bill gates) bill gates announcing a multi-billion dollar clean energy project. (obama-putin) a little quiet diplomacy between presidents obama and putin.. and a new sense of urgency over what's at stake: sot obama: "submerged fields that no longer grow. political disruptions that trigger new conflict." an leaders will be going on tuesday but delegates, thousands of them, will stay for two more weeks with many more details of any agreement to be worked out. i'm chris jansing in paris..now back to you..... coming up next... we'll hear from matt campbell -- the next head coach of the iowa state football team -- as he's set to try and turn things around in ames -- plus -- the panther basketball team looks to make it five snatched away toledo's matt campbell before any other school with an opening could get their claws on him -- campbell -- at 36 years old -- is now the youngest coach at the helm of a power 5 conference program -- but despite that youth -- the coach who was introduced today -- has a solid resume -- leading toledo to a pair of bowl wins in 4 years -- and his

((carly fiorina: "they have not been asked, that's why it cost billions of dollars to build an obama website that failed, because the private sector wasn't asked.")) ((patrick walker)) candidates sitting at the bottom of the polls tried to make their voices heard. for it was by taking on donald trump. ((jeb bush: "you're never going to be president of the united states..." donald trump: "you're a real tough guy..." jeb bush: "...by insulting your way to the presidency." donald trump: "well let's see, i'm at 42%, and you're at 3%, so, so far i'm doing better." jeb bush: "doesn't matter, doesn't matter.")) ((patrick walker)) the war of words on stage... as the republican candidates hit the home stretch before the first contests in iowa... new hampshire... south carolina and nevada. ((patrick walker)) the candidates will get one final chance to debate before primary season kicks off in earnest. the next debate is january 14th. /// ((patrick walker)) now let's bring in review journal columnist and my politics now cohost steve sebelius... steve... who do you think won tonight? ((steve seb

well, today president obama did something he does not normal dollar to calm fears. president obama traveled to the pentagon for a rare meeting outside the white house. flanked by vice-president joe biden and defense secretary ash carter the president met with his national security team on his strategy against isis. president obama then offered another update on the us led coalition's progress fighting the terror organization. >> we are hitting isil harder than ever. coalition aircraft, our fighte fighters, bombers and drones have been increasing the pace of air strikes nearly 9,000 as of today. last month, in november, we dropped more bombs on isil targets than any other month since this campaign started. >> reporter: his remarks follow an oval office address on december 6th after that deadly terror attack in san bernardino, california. republicans criticized that speech for not offering an updated strategy to defeat the militant group. >> we've got to do this it will creature the american people are rattled. it's not so much about what's happening in the middle east

rate and median disposable income would be growing today rather than 23 hundred dollars down from the day that barack obama was elected. and we would not have six people stuck in poverty more than the day he got elected. and people would think their children and grandchildren would have more opportunities than what they believe today. and we would be the leader of the free world, which is not what we are today. [applause] and we would not have had sequester to got to the military to make it harder for the next president of the united states to be an able commander in chief. we don't have the resources that we need to be truly the most effective fighting force possible. >> that leads me to another question. your nickname's veto corleone a. what would you do about sequester? how would you get the budget and the debt under control while rebuilding the military, without having a line-item veto like in florida? mr. bush: paul ryan has suggested a rescission version of it, which is an indirect veto.n of a line item you can go back to congress and there would be a 30-day period for an up or down vote. barack obam

president barack obama signed a 1- point-1 trillion dollar measure that will boost spending for defense and non-defense programs. republican leaders and the white house said they feel good about the outcome and have described the deal as the best they could do under divided government. the president fended off any array of riders that included efforts to halt federal money for planned parenthood and place greater restrictions on syrian refugees. republicans secured an end to the ban on most crude oil exports. the signing of the budget bill caps months of negotiations and averts a government shutdown. ((paul joncich)) > president obama wraped up business at the white house before leaving for vacation with a wide ranging q-and-a in the briefing room. this year the isis-inspired mass shooting in san bernardino was one of the major topics of the president's year end press conference. craig boswell shows us how the president tackled the issue of lone wolf attackers going after targets in the u-s. in his final scheduled press conference of the year president obama said he will be anything but

it costs $5 billion dollars and it doesn't work. and obama by the way is a disaster. we're going to repeal it, replace it, 100%." he also went after hillary clinton and after saying she should not be allowed to run because of the investigation about her use of a private e-mail server. " 26:30 she doesn't have the strength. you need to be president strong. you need strong. you can't play games. " yet with six weeks until the caucuses, trump is in the top tier against texas senator ted cruz. "27:41. if i'm wrong, i'm wrong. i'll say we didn't make it but i think that we're going to win iowa and iowa is very important to me. " a quiet week is ahead for republican presidential candidates visiting eastern iowa. former arkansas governor mike huckabee is due to spend monday all over the tv-9 viewing area for a town hall meeting in toledo, a roundtable in van horne and then an evening stop at kava house and caf in swisher. huckabee won the 2008 republican caucuses but has stayed far back in the pack for 2016. last night in new hampshire, the 3 candidates for the democratic pr

now, president obama will sign a five-year, 305 billion dollar transportation bill later today. congress approved the first long-term funding bill bipartisan vote. a temporary transportation extension expires at midnight. saying theouse president will veto a repeal of the affordable care act, better known as obamacare. the senate passed the repeal for the first time yesterday. the bill would also defund planned parenthood. do notcans in the senate have enough to override the veto. jobs numbers suggest the economy is maintaining its momentum. remains atyment rate 5%. it is the lowest level since 2008. solid numbers could lead to the federal reserve raising interest nine for the first time in years. coming up at noon, a holiday consumer alert. what a local police department wants you to know before you pick up the phone. we are getting ready for the weekend. brian has a look at jummy: new details involving the war on terror. the cafe where the deadly attacks in paris took place is reopen for business. five people were killed in the cafe when a gunman opened fire last month. firing

trying to brush off the lame duck label for the rest president barack obama praised congress for passing a 1.1 trillion dollar budget deal that includes tax cuts. sot president obama: (no super) :07-:25 "i am not wild about everything our middle class without ideological provisions that would have weakened wall street reforms or rules on big polluters." sot: sen. mitch mcconnell, majority leader (r-kentucky) :29-:34 "i wanted to end those sot president obama: (no super) :36-:38 "we are going to defeat isis !" the president says his policies have stalled the growth of isis. sot president obama: (no super) :42-:51 "as we keep up the pressure in san bernardino, mr.obama says obama: (no super) 1:00-1:12 shaping among agencies." the president says he president obama: (no super) 1:1:8-1:22 in 2016 i am going to leave it out all on the field. the president now leaves for a 16 day family vacation in his home state of hawaii. on the way he meets with the families of the victims in the san bernardino attack. live in washington.. edward lawrence, kwwl news. the fbi and u-s marshals are now looking for a teen on the run.

obama. this is stunning, it's a trillion dollar deal, thousands of pages in the dark of night, it funds executive amnesty and all of planned parenthood. it does nothing to stop this catastrophic iranian nuclear deal. it does nothing to stop president obama bringing tens of thousands of syrian refugees, even the fbi tells us that they cannot that those refugees to determine if there are isis terrorists among them. there is a reason why many women across the country are feeling a volcanic frustration. if we keep winning elections, nothing changes. >> you want to change the republican leadership in congress? that's what republican leadership just data. funded and passed his agenda. it's why people are so frustrated. it's also why we are seeing so much in 20's and. people understand that republican leadership in congress won't turn the country around. they aren't listening to us. human way to turn this country around is with a strong, principled, proven conservative in the white house. that's why so many people are fed up with washington and unifying behind our campaign. you convince your party that

you could win a thousand dollars a day for life. . >> president obama will get a briefing on possible threats to the united states today the briefing comes in the wake of the deadly killer shootings in paris and san bernardino. >> a reminder that you have until midnight pacific time to sign up for health insurance. the original deadline to sign up was tuesday. that was pushed back by 48 hours because of unprecedented demands. so you will have to meet the new deadlines effective january 1st. protesters marched in the streets after a judge announced there was a hung jury in the death of freddie gray. the jets declared a mistrial following three days of deliberation in a trial of porter. prosecutors say he was negligent for failing to put gray into a transport van and instead of going to the hospital, he was taken to the police station. he died a week later because of severe spinal juries. five more officers will try to escape. william porter could be retried. freddie gray's family is calling for patience. >> we have the public to remain calm, patient, we are confident there will be anot

climate change, philanthropists, businesses, and governments pledged 20 billion dollars to invest in clean energy. president obama global climate paris to be legally binding. the aim is get all countries to cut emissions that scientist say are warming the earth. some have asked why the world would dedicate some of our focus right now to combating climate change even as we work to protect our people and go after work to protect our people and go after terrorist networks. the reason is because this one trend, climate change, affects all trends. stephanie: stephanie: even as china's president was pledging his country's cooperation on climate, the pollution in beijing right now is 45 times beyond what is considered safe. stephanie: chief meteorologist brad edwards joins us now.. brad "now, we are iowa's most accurate weatherrate the independent weather experts" brad: weather adlib: nixon deras will be our future forecaster on december 1st. it sure felt and looked like winter out there today, and not much will change for us tonight. look for mainly cloudy skies overnight with a few snow showers or flurries possible. t

combines morerehan one illion dollars in new spending with 680 billion dollars in tax government through september. president barack obama is set to sign the measure. that spending measure includes permanent funding of health care for september 11th survivors. it's something advocates have been fighting years for. daniel moynihan drove down from new york to walk the h hls one last timemeust hours before the vote, in honor of his friend. ray pfifer, was at every one of these rallies, but miksed the final one. adtted to the hospital just days before. "i was told if you scream loud and long enough, people will start to listen and i think these last twelve years coming to today. i don't ve to scream anymore. " ""words c c't describe the jobb and the relief in their lives right now. " five iowa representativ es voted no for the spending bill and just one voted yes. congressmen steve king, david young and rod blum... ...as well as senators joni ernst and chuck grassley voted against it. congressman dave loebsack - the lone democrat- was the only owa representative to support it. the dubuque school district says state funding c

wasn't asked sot ((carly fiorina: "they have not been asked, that's why it cost billions of dollars to build an obama website that failed, because the private sector wasn't asked.")) ((patrick walker)) candidates sitting at the bottom of the polls tried to make their voices heard. for jeb bush... it was by taking on donald trump. sot ((jeb bush: "you're never going to be president of the united states..." donald trump: "you're a real tough guy..." jeb bush: "...by insulting your way to the presidency." donald trump: "well let's see, i'm at 42%, and you're at 3%, so, so far i'm doing better." jeb bush: "doesn't matter, doesn't matter.")) ((patrick walker)) the war of words on stage... as the republican candidates hit the home stretch before the first contests in iowa... new hampshire... south carolina and nevada. " sabrina: you at home shared your thoughts on the debate either by calling us or sending a message through social media.... denny in urbandale called in to share his support for donald trump, saying he has quote the will power to solve the problems and do the right thing." reena from west de

meanwhile, no suspect has been found yet. 3 yesterday, president obama signed a final one-point-one trillion dollar omnibus spending bill that got overwhelming bipartisan support in both the house and the senate.. as our national correspondent kristin frazo tells us, critics of the deal say *taxpayers* are on the losing end of this fight. 3 it's had a multitude of problems, but the f-35 fighter jet program is once again getting a boost from the federal government, to the dollars.there's also 640 million for a new ship the coast guard didn't say it needed.and a tax extenders package that includes the package that extenders and a tax needed.didn't say it coast guard a new ship the 640 million for a new ship the coast guard didn't say it needed.and a tax extenders package that includes the so-called nascar tax break, which allows motorsports entertainment complexes to write off construction and renovation costspete sepp/president, national taxpayers what happens is to grease the skids for passage, a lot of favors are traded pete sepp says it was politics as usual but one thing stood out.pete national

even though the revenue growing...it's still 21 million dollars less than what was predicted president obama calls the legislation he signed this morning a 'christmas miracle.' the president signed a bill that overhauls the 'no child left behind' initiative. it was first approved back in 2002 during george w. bushs presidency. but critics have argued for years that it gave too much power to washington in controlling state education policy. teachers and parents have also argued that it focuses too much on testing. obama says the overhaul is long overdue. 32-45"for years, i have called on congress to come together and get a bipartisan effort to fix no child left behind. it took a lot under the new 'every student succeeds' legislation state and local officials are allowed to set their own education standards. it does keep standardize testing in place for most students. it does keep standardize testing in place for most students. it also prohibits the federal government from imposing the 'common core' model on schools. the senate just passed that education bill yesterday. three senators missed t

obama started without him. >>> still ahead, the multibillion dollar ship wreck find. >>> and an odd search. an nfl star's brother missing for days. an important discovery. >>> caught on camera, a plane scarying skydivers crashing to the ground. two. one. >>> and there we went. a special delivery for the six astronauts on the international that rocket carrying 6,000 pounds of cargo. lit arrive at the space station on wednesday morning. >> talk about a special delivery. >>> a well-known pilot has been killed in a crash in california. mike mangold was a famous acrobatics pilot and a commercial pilot for american airlines. >>> in business news, u.s. investors are hoping that a year-end rally starts today. one expert is saying stocks will finish flat nor the year. and a rate hike is more likely next week following the positive job report. overnight, stock futures were down slightly and overseas markets are mixed. and it's now three straight box office wins for "the hunger domestic total, $227 million. "krampus" was in second. "creed" in third. >> i'll put that on the list. >>> when we come back,

obama started without him. >>> still ahead, the multibillion dollar ship wreck find. >>> and an odd search. an nfl star's brother missing for days. an important discovery. >>> caught on camera, a plane scarying skydivers crashing to the ground. the video from inside the cabin. what makes this simple salad the best simple salad ever? heart healthy california walnuts. the best simple veggie dish ever? heart healthy california walnuts. the best simple dinner ever? heart healthy california walnuts. great tasting, heart healthy california walnuts. so simple. get the recipes at walnuts.org. >>> three. two. one. >>> and there we went. a special delivery for the six astronauts on the international space station. that rocket carrying 6,000 pounds of cargo. lit arrive at the space station on wednesday morning. >> talk about a special delivery. >>> a well-known pilot has been killed in a crash in california. mike mangold was a famous acrobatics pilot and a commercial pilot for american airlines. >>> in business news, u.s. investors are hoping that a year-end rally starts today. one expert is saying st

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obama started without him. >>> still ahead, the multibillion-dollar shipwreck find. >>> and an odd search. an nfl star's brother-in-law missing for days. the disappearance growing more bizarre with an important discovery. >>> caught on camera, a plane carrying sdivers crashing to the video from inside the cabin. >>> three. two. >> and there we went. a special delivery for the six astronauts on the international space station. that rocket carrying more than 7,000 pounds of cargo, including food, experiments, and christmas presents. it will arrive at the space station on wednesday morning. >> talk about a special delivery. >>> a wellll-known pot has been killed in a crasash in calornia. mike mangold was among two pepeople kild when the high-performance jet they were on crashed. at the airport in apple valley. he was a famous acrobatics pilot and a commercial pilot for american airlines. >>> in business news, u.s. investors are hoping that a year-end rally starts day. one expert is saying stocks will finish flat for the year. and a rate hike is more likely next week following friday's positiv

obama started without him. >>> still ahead, the multibillion-dollar shipwreck find. >>> and an odd search. an nfl star's brother-in-law missing for days. the disappearance growing more bizarre with an important discovery. >>> caught on camera, a plane carrying skydivers crashing to the ground. the video from inside the cabin. (tiffany) ask yourself what you'll miss more. your children or cigarettes. for as long as i can remember, my mother smoked. she died from lung cancer when i was 16. i could not take the chance of continuing smoking and not being here for my daughter. i know how much i needed my mom still, and i didn't realize it until i had lost her. you can quit. for free help, call 1-800-quit-now. did you know that people born from 1945 through 1965 have the highest rates of hepatitis c but most don't know they're infected? people can live for decades without symptoms but over time hepatitis c can cause serious health problems. if you were born during these years the cdc now recommends that you get a blood test for hepatitis c. so talk to your doctor and find out if you have hepatit

it also includes a fix to three billion dollars in crop insurance cuts.. president obama says he will sign the bill when it gets to his desk.. the markets this week saw a good jump for grain traders.. but the livestock side continues to shrink.. i got a week recap from analyst jamey kohake. "we've seen a nice rally in the grain sector, led mostly by the soy complex. we've surged back to 9 dollars in the nearby contracts.." "i think you're probably going to see an increased level of farmer selling probably next week ahead of the monthly supply and demand report and see producers take advantage of that. support has been coming from steady export business we had a destinations.but i think a little further higher push down to 15 cent but the corn and beans you're going to see a lot a lot of farmer selling as we finish a year off here." "it's still a bloodbath, these lower prices surprisingly haven't attracted a whole lot of new business yet. hopefully that will occur. but there's just no traction in this thing, the packers have complete control of the market right now. hopefu

a 600-million dollar pentagon plan to close the military prison at guantanamo bay, and build one in the u-s has been rejected by the white house. the wall street journal reports the obama administration considers the defense department proposal too expensive. it reportedly calls for 350- million dollars to build a new prison. this is the latest in a series of set- backs for president obama in trying to keep his campaign gitmo. muslim students at iowa's three public universities are asking for a kwwl's amanda gilbert joins us live in cedar falls... she spoke with several students about this. i'm at the university of northern iowa.. muslim students here tell me it's very important they pray five times a day.. it's considered a sin if they do not.... but that is very hard to do because there's no place on campus open throughout the day that they can go to.... undergrad nadir... who youcan see praying here.... tells memehe either has to pray at home or drive from here to the islamic center in waterloo in order to pray... he and his friends even bought a "its expensive for me and we have to pay the insurance and we have to pay it's cost overall... but we have to do any choi

dollars in compensation. it's through a spending bill that president obama signed into law earlier this month. kathryn koob was working as director of the iran- america center in late 1979. that's when a group of students supporting the iranian revolution took over the u-s embassy in teheran, holding koob and others hostage. iran released koob and the other hostages 444 days later in 1981. she says she's not sure how much money she'll receive for the hostage crisis, or exactly when she will get it. a cedar rapids woman has 10-thousand dollars to spend on new furniture after a national sweepstakes. phelan's interiors presented the award to kathleen billington for 10-thousand dollars in thomasville furniture. billington says when she got the call telling her she'd won, she thought they had the wrong number. she says she has a few ideas of what to get with her prize. "we need a couple recliners, an occasional chair. stacy and i have done a little looking in the store and online looking at maybe a new buffet for the dining room." billington says she hasn't made up her mind yet on exactly what she'

obama of them on the road by today... and has spent billions in taxpayer dollars to promote the technology. but falling gas prices, limited range, and the high cost have made the president's goal hard to reach. electric car owners say they are not concerned.((stop)) 3 sot lindsay morris, electric car owner 05:15:48 "the rapidity of the adoption of the electric car just depends on publicity and people finding out how great they are and how powerful they are. i think in america you sell stuff more by how cool it is rather than how much sense it makes." the government is offering tax credits to encourage people to buy electric cars. they are still in place... but industry groups expect they will be changed within the next 18 months. 3 3 the wet weather did not stop thousands of football fans from going to bank of america stadium to watch the belk bowl. vendors say it hurt their business, and organizers had to cancel some of the performances. even though they were not happy about the rain... fans said they were happy to have a bowl game close to home. 3 3 legendary comedian bill cosby is free o

dollars in profit. you need to support obama care to convince people. here's my., obama care on the surface is a collusion between obama and the american people to go get the insurance companies. in reality it's a collusion between obama and the insurance company to go get the american taxpayer, to go get the american people. so this is to me a little bit of a more illuminating and realistically of seeing how politicians operate. in other words, ways in which they use politics tacoma's large areastacoma eyes large areas of the economy. what we have seen under obama is the federal government extending its reach over banks, investment houses, automobile companies , the whole healthcare industry moving into the energy sector using the free college stuff to get an education, another multibillion dollar.dollar. were not talking about the government sector but the private sector. so this resentful class of people as no interest in creating wealth. they don't want to run these companies will tell you where to drill or where to find oil bubble once you find oil