business and economics correspondent rebecca jarvis is here to tell us where we can find those deals. i mean it does seem, i have to admit, a little early. >> it is a little early. and things are always going earlier and earlier among the retailers. but the big thing here is they want to attract customers so they are doing things like putting out incentives. for example, stauer is giving out this $249 amethyst necklace if you pay for shipping. it depends on what you buy but ultimately you can get this 249 dollar necklace because they want to drive people to their store. nordstrom you get free shipping and handling. raymore, no interest for four years. sears is doing price matching and plus pay 10% of the difference. let's say you find something a hundred dollars price difference, you get 10 back if you find something cheaper.

rebecca jarvis is here with more now on the markets this morning. good to see you. looking at record numbers for the month of october, but now a little bit of pull back this morning. >> there is. you can really thank europe for that. of course, we were watching europe because in europe our american companies get about 20% to 25% of their profits from europe. things look like they're slowing down and every time you see these headlines, you see the protest in greece. it's a sign that things are not moving smoothly in europe. the problem there is a debt problem and there you have the lawmakers dealing with the same discussions and debates that we had here in the united states a few months ago over our own debt issues and what you see there is multiple countries having to come to the table and make an agreement. you saw how hard it was for democrats and republicans to do it, imagine doing it with multiple lawmakers at the table. >> they're still trying to do it here in washington. >> exactly. >> up until this point, up until this little pause that we're seeing here this

i'm rebecca jarvis. russ, congratulations. you and your cards. >> the st. louis cardinals are the new world champs. >>> we will also talk about the bad weather. lonnie says 12 states could be affected by this. >>> a suicide bomber attacked a nato convoy in southern afghanistan this morning. american troops have been killed. cbs news correspondent mandy clark is in kabul with the very latest. mandy, good morning. >> good morning. >> reporter: the attack happened around 11:00 in the morning as it was traveling -- u.s. convoy was traveling near the afghan parliament. a car bomb struck the side of an armored bus that was carrying u.s. troops and it burst into flames. cbs news has been told six americans were killed and six others were injured. the nato forces have not confirmed those numbers. helicopters landed near the scene to pick up many of those casualties according to eyewitnesses. afghan police also say that at least four civilians were also caught up in the bombing, killing one school child. the tali

i'm rebecca jarvis. good morning. >> i'm russ mitchell. good morning on this beautiful saturday here. welcome back, my friend. >> welcome back to you, my friend. we had last week off and well rested and ready to rock is out today. >> after more than eight years of war costing the lives of more than 4,400 troops, president obama says u.s. troops in iraq will be home for the holidays but the decision does not come without risk. cbs news correspondent wyatt andrews is he is white house with the very latest. >> reporter: russ, good morning. the president this is both a success and a failure all at the same time. a success because after those eight years of war, u.s. military involvement in iraq is over. but it's a failure because a complete withdrawal of those forces is not exactly what the white house or the pentagon had wanted. >> today, i can report that as promised, the rest of our troops in iraq will come home by the end of the year. after nearly nine years, america's war in iraq will be over. >> reporter: the war began with shock and awe

i'm russ mitchell. >> i'm rebecca jarvis.ore talk about christmas and halloween today on "the early show". it might feel like christmas for some people when the iphone 5 debuts this week. sdoo that's right. it's announced this week. it's going to be interesting. they say it's a fascinating device. some folks in our staff are going to start camping out at the apple store, which is right around the corner. >> it's also going to be interesting to see because this is the first time that apple debuted the products without steve jobs at the helm, so we'll have to see how does tim cook do, how does the stock possibly react and what does this new iphone have that the old one doesn't? >> that's going to come in a bit. nice trips you can make this fall as well. viewing the leaves, nice cool nights, sunny days. >> love this time of year, but you always wonder, you know, you go to a location, if it's the right time to see the foliage because you could miss it by just a week. >> that's true. it's actually true because the weather, all sor

i'm chris wragge along with rebecca jarvis.l is off today. >>> coming up on the broadcast, it used to be called the sleeping giant but the country with the world's biggest population is wide awake. >> and china's entrepreneurs are helping to lead the charge and innovative and energetic and i saw so much of this on my recent trip to china. we will speak to one man who developed a hugely popular iphone app there and how he is building his company in the face of serious competition. things we can learn from them and things they can learn from us. >>> news this morning about gun control that may surprise you. according to a new poll most americans are now against it. it's a sign that we are more comfortable with guns than ever and correspondent whit johnson is in washington with more for us on that. whit, good morning. >> reporter: good morning to you, chris. well, it's difficult to monitor gun ownership in this country, but this new gallup poll indicates that more and more people have guns in their homes and that america's attitud

rebecca jarvis will be taking us to the front lines. >> occupy wall street. >> reporter: they call themselves "occupy wall street." they're calling on more and more americans to take up their cause. >> we just saw a massive rip-off of our tax dollars. in a bailout there's no ongoing investigation, no one has been brought to justice. >> reporter: shall wall street be worried? >> yes. wall street should be worried. >> reporter: later on sunday morning, does this movement have legs? >> osgood: one of the biggest stars on broadway these days is samuel l.jackson, an actor who has made his name in the movies playing characters very different from the one he's portraying now on stage. he'll talk about that this morning with our russ mitchell. >> reporter: samuel l.jackson is known for his gun-toting and sometimes profanity-laced performances. today he's on broadway in a very different role. >> is it intimidating to play martin luther king? >> not in this way. nobody knows him this way. we're used to seeing the orator or the icon. i'm coming into a motel room, closing the door, letting my shoulders d

rebecca jarvis is at the new york stock exchange with the latest on that roller coaster ride and what is in store for today. europe, obviously, has helped destabilize the markets for weeks. how are they looking in europe and yesterday a crazy day on wall street in bear territory before a late day rebound. what happened yesterday? >> reporter: what you're seeing now is very reactionary and jumpy markets. yesterday's upside momentum we saw in the united states across the board in europe, things are looking very positive this morning, whereas, in asia, things are looking negative. the mere mention yesterday that european policymakers are going to be addressing the bank situations, we have been talking about this, the debt problems that the banks in europe face. a report that perhaps they have gotten their act together in europe and they will address those problems at the banks, help send things higher in europe as well as in the united states. >> yesterday, ben bernanke spoke before congress and talked about the u.s. economy recovery close to faltering right now. what type of effect do c

let's ask cbs news business and economics correspondent rebecca jarvis about this. before we talk about the market, let's go back to the housing deal here. saw brass taxes. what does this mean and how many people does this affect? >> first of all, you have 11 million mortgages in this country under water. meaning people owe more on their mortgage than the value of their homes. 11 million is a huge number. the program is expected to help between 600,000 to a million homeowners. what is important about this is is not just the people it might help but also the housing market, because we know the housing market has been at the center of our crisis in this country. it's what really set things off. places like nevada, for example, florida, california, which have really been in significant trouble because of the foreclosure rates there, they are going to see likely the largest impact. you see there in the red. 2 million people in those places are in very significant trouble in terms of refinancing. so it speaks to the whole idea a rising tide could help. >> if some of thos

rebecca jarvis takes a look at gm strategy and tells us why the china market may be keeping it afloatre are still plenty of other presents to buy and this could be the best time for you to get them because of price matching. so many retailers now saying they'll pay you the difference if you find something cheaper elsewhere. we'll take a look at those deals, find out just how good they are for you, take a look at the limits. we are going to help you make this work to your advantage. >> so you're saying a new car is totally out of the question? >> for me biegs one for you, yes. but if you want to by me one, that's fine. >> we'll work on that. >>> illegal immigration has become an important issue in the presidential race. listen to what they're saying. >> they're coming here because there is a magnet and the magnet is called jobs. those pooim people that hire illegals ought to be penalized. >> i will build the fence. i will enforce english as the official language of the united states government. >> when i'm in charge of the fence, we're going to have a fen. it's going to be 20 feet high

coming up, rebecca jarvis will tell us where the best sales are and why they have happening more thanough road there. elizabeth edwards passed away of cancer in december and john edwards facing possible jail time over a possible contribution scandals and other scandals in his public life. good news to focus on. their daughter cate is getting married and we are learning her mother planned some of the wedding before she passed away so more on her big day ahead this morning. >>> first, the death of moammar gadhafi, his body is held in misrata as the new government will investigate how he was killed. elizabeth palmer is in tripoli with more. liz, good morning. >> reporter: good morning. the united nations human rights office wants an investigation into the circumstances of colonel gadhafi's death and specifically they want to know whether he was executed. there is new video out this morning and i should warn you, it does contain some graphic images but it shows clearly he was a live when he was captured. now how did he die? the government says it doesn't know and it certainly isn't naming

rebecca jarvis, thank you. good to see you. >>> this morning the official death toll is 270 after a 7.2 magnitude earthquake hit eastern turkey. it happened just near the border with iran. cbs news correspondent mark phillips has the latest from london for us this morning. >> good morning. the scale of the devastation in the earthquake zone has become clear as the daylight has returned. the rescue efforts continue, and some of the outlying villages have yet to be reached. hundreds are still unaccounted for. a country as earthquake prone as turkey may be quick to react when the earth shakes, but the levels of tragedy, of human misery, and of heroism can still shock. rescue workers have been clawing and hammering away at the rubble, pulling out those who somehow survived. the death toll has already risen well above 200, and no one will be surprised if it goes much higher. in the midst of so much despair, miracles emerge. this morning in the form of a young child found alive. everywhere there are stories of people

i'm betty nguyen, in for rebecca jarvis. >> we will talk about health plans. open enrollment is coming up. we will try to put you in the right direction. >> do you know there are certain things on your resume are a dead give-away to your age and may not be positive when it comes to looking for a job so we will show you how to age-proof your resume. >> and good food is coming up in the broadcast. >>> let's begin with the top story. republican presidential hopeful rick perry is distancing comments he made friday of rifle mitt romney. whit johnson is in washington with the latest. >> reporter: the first primary voting about three months away, candidates are here in washington for the values voters summit and trying to shore up support from their conservative base but for mitt romney it may not be easy. after endorsing governor rick perry. >> he is a genuine follower of jesus christ. >> reporter: texas pastor robert jeffress called mitt romney's mormon faith a cult. >> i believe mitt romney is a good moral person, has a wonderful family but that is not what makes

rebecca jarvis will look at the numbers and the outlook all coming up right here on "the early show.",, [ male announcer ] sizzler's steak fest! a tri-tip sirloin, and endless salad bar, all for just $10.99. sizzler. thinking fresh every day. >>> hayward police are on the scene of a murder this morning a man shot to death outside an apartment that happened sometime before 9:00 near tyrell avenue. police don't believe a robbery was involved but they are still trying to determine the motive. >>> amanda knox headed home to the united states got out of prison in italy after an appeals court overturned her murder conviction. several members of the knox family were seen earlier today at the airport in rome. knox was in a private area at the airport under heavy security. the 24-year-old had been serving a 26 year prison sentence for killing her british roommate. she is coming home tonight to seattle. >>> what an honor for the bay area. a cal scientist has just won the nobel prize for physics along with two others. kristy seifkin spoke with him early this morning and joins from you berkeley w

cbs news business and economics correspondent rebecca jarvis is here with that story as we continue thea really interesting one. good morning. for some americans entrepreneurs it's the only way way they say they can live the american dream. traveling halfway around the world to take advantage of china's vast manufacturing resources and on our recent trip to china we spoke with one american businessman who says his company and all of its employees it employs in the united states wouldn't exist, if not for china. on the outskirts of shanghai you'll find hundreds of factories serving thousands of american entrepreneurs. >> trust me, we didn't wake up we would go 8,000 miles away and me disappearing so long from my family. >> his company employs about a hundred people back home but has access to an entire assembly line of workers in china. >> we work together. invest a lot in the manufacturing. >> reporter: dong lee owns ten manufacturing plants like this one all over china. the former teacher now employees over 15,000 people from technicians to engineers. >> we need to use a scale of peopl

rebecca jarvis is here with a look at how apple grew and it just -- i mean, they aren't words to describe, especially in the last few years. >> especially the last decades, it's exponential. you go back to the first mcintosh computer debuted in january of 1984, this was a little company by comparison to what it is today. $3.50 stock and, all of a sudden, gets fired. a year later, 1985, the stock plummets to $1.71. this is after a little internal coup. there were some internal politics taking place in the company. jobs returns to the company in december of 1996. the stock is up $5 stock. all of a sudden, you fast forward five more years, the stock goes up to $11 when the power book debuts in january of 2001. then itunes comes along. we know itunes and becomes synonymous with music and the way americans and people around the world buy their music. apple shares get up to $13.50. the ipod debuts a few weeks later in 2003. $22.50 is the stock. the iphone comes along in 2007. this is where things get really heated. $122 for share of apple. in june of 2007. because of that iphone. then the ipad.

. >> talk about sobering and scary, cbs news correspondent rebecca jarvis is here to tell us why studentsllege is rising at public and private universities or is there more to this staggering amount of money people are borrowing. >> there is more to it. the problem has become two fold in, yes, the cost is rising exponentially since 1982 the tuition costs in this country are up 249% of the cost of room and board in college has doubled since that time, which is why now you have the average student coming out of college with more than $24,000 in debt. but in addition to that what adds to this $100 billion a year number and this overall trillion dollar debt is the fact more people are going back to school. because of this economy. i'm sorry. because of this economy, more people are going back to school. with more people going back to school, people in their 40s, 50s are taking out the debt and that's adding to the overall total. >> there are broader effects in the overall economy. >> there are. there's a big ripple effect. when you think about it, with this younger generation of people that a

business and economics correspondent rebecca jarvis joins us this morning with more. so give us an idea what are people expecting this morning? >> analysts on average are expecting to learn today that the economy created 65,000 jobs in the month of september and that did nothing for the unemployment rate. in fact, it notched higher to 9.2% according to their expectations. two things to keep in mind when you look at these numbers. first off, last month, economists and analysts got that number wrong. they actually thought it was going to be better than what it turned out to be. second of all just to keep pace with population growth, you need 150,000 new jobs every month, so this number, even though there is jobs created, it doesn't keep pace with population growth and when you go back in time and you look back at where we have been in this economy, for two years, plus now, we have been near or above 9% unemployment. you have to go all the way back to january of 2008 to find a time where unemployment was at a norm normalized level which was 5%. >> will the numbers disclo

cbs news business and economics correspondent rebecca jarvis continues her series on china this morningto you. concern not only for china but for the united states. because last year, we did 92 billion dollars of sales with this country and that is an important factor. china is the fastest growing economy in the world. one of the things that chinese government has done to spur that growth and develop jobs is develop real estate. experts warn china could be facing the world's biggest real estate bubble. >> reporter: at the heart of china's rapidly expands $6 trillion economy is a massive building boom. skyscrapers and shopping malls and high speed trains and even new cities are popping up. one of the those cities is dontu located 150 miles northwest of shanghai, it's streets on modern and freshly paved and crane dot the sky line between parks and housing developments but the bustling crowds have yet to materialize. leo is a teacher in this city who repeatedly bought a home here with a loan from a bank. can you show me where the apartment that you bought is? >> oh, it's over there. and th

cbs business news and correspondent rebecca jarvis is here with us with more. good morning. >> world markets are down today. is this something we can expect on a day-to-day or week to week basis? >> the short answer is yes. it is looking like a weak, volatile picture, not only here in the united states but abroad in europe. this morning, what you see is down across the board and there's a ripple effect here. when you see international markets, they might not mean a lot to you. our stocks, you're not necessarily invested in these place webs but these places all have banks and their banks lend to u.s. businesses and they lend to u.s. cities. when those banks and those countries are feeling pain, they stop lending to us. and the problem with that is that their lending in many cases creates jobs, it creates roads, it creates highways in the united states. when they pull back on that, we see the ripple effect here. >> so that ripple effect, is that why there is so much volatility? >> that's a big part of it. as is the fact that here at home, i mean, we've been feeli

. >> business and economics correspondent rebecca jarvis is ready to give you your answers as we askfirst question we have on tape comes to us from rose in chicago. >> my family owns a property that we're having trouble finding tenants for and it is difficult to manage and we were wondering when to walk away from it. >> a lot of people can relate to that. >> a lot of people can. first question you want to ask yourself could you rent it at a lower price and still pay for the mortgage, on top of that pay the taxes and the insurance? if you could you might want to consider lowering the rental price before putting it on the market. second thing to ask yourself. she said it's tough to find the tenants and manage the tenants. there are rental management companies if you're willing to part with 10% of the monthly rent. you pay them they take it off your hands. but if she thinks this isn't going to work out and the market there for local real estate makes sense to sell it, let's say the local real estate is actually increasing in value, you can check with a local real estate agent or go to z

business and economics correspondent rebecca jarvis is here to tell us why students are borrowing sovate universities. is it just about the cost or is there more to it? >> is there more to it than that. first of all, you do have that rising cost which is stagger. 439% increase since 1982 is the cost of tuition in this country right now. the cost of housing and food has doubled since that time. also in addition to that you have more people going back to school and that is adding to it because people in this job market, as a result of the problems in our job market, are going back taking on education and they are also taking on loans. so we have $24,000 as the average amount that a student graduates with in debt and that is up 50% in the last decade. >> obviously, it affects the student who owes this money most significantly but this has broader effects on the bigger economy as well. >> there is major ripple effects. a few years ago when people would graduate, there was a healthier jobs market and people could graduate and start paying off that debt. well, now things like housing aren'

russ mitchell and rebecca jarvis are off this morning so we are keeping their seats warm. >> we are, indeed, and dancing to "footloose" at least you were before the show. >> it's contagious. i'm getting you dancing, man. >> i'll do it. >>> we begin with the protest movement. it's in every u.s. state and more than a hundred cities. we begin our coverage with bigad shaban when the protests abgan in new york city. >> the temperatures in the 50s a chilly day. >> reporter: protesters decided to camp out here the 27th day in a row. the park owners are letting them stay for the moment after backing down their initial order to have everyone removed temporarily yesterday to clean the park. the movement is growing. >> occupy! >> reporter: in seattle, dozens of protesters took their chance downtown. >> if you choose to remain on the premises. >> reporter: in denver, across the state capital, those camped out at a park were ordered out by police armed with riot gear. at least 20 people were arrested. just outside los angeles, about 75 people marched to the home of a top bank executive in san mar