the fbi says the arrests are sendsing a message that hacking for social causes is unacceptable and illegal. >> paypal might hit retail stores. new ways to protect your finances. nicole lapin at cnbc. good morning. >> good morning. futures are a touch lower. some may be due to intell. intel supplies chips for pcs. this morning in about 45 minutes we get big data on unemployment, weekly jobless claims but they gather sporns. earnings from at&t morgan standly and pepsico. the dow was off, 12,571 is where we closed. the nasdaq lost steam as well we lost 12 points there, 2814. a new government agency opening its doors for business today t consumer financial protection bureau was created by the financial reform bill which was signed into law one year ago today. it's designed to be the financial version of the consumer product safety commission, policing unfair deceptive practices by banks for example, mortgage lenders, credit card companies, collection agencies. it's the flash point of controversy. it doesn't have a director yet for example and republicans already want to slash funding. right, p

grandparents and sisters of those who have lost loved ones, and it's a tremendous pain, you know, sendsing off young people to a cheerful summer camp and then you have a massacre unfolding. this is a day for norway to come together as a community and say to the rest of the world we will not close in on ourselves and remain an open democracy and that i think is a very strong message that we will be sending. >> nobody clearly knows his motive, but the police indicated he is going to explain himself as he is inteaerrogatedinterrog. as we look at pictures on the screen of the people being rescued and you talked with the families and the victims, i am sure the world cannot imagine what these people went through and what these families are going through now. we heard the prime minister stay say he has gone to this island since 1974, that this was a place, as you say, where you were just yesterday, and it must be hard for people to comprehend the scope of this tragedy and happening at a place as you described, of such a treasure for norway. >> well, the labor party and another summer camps have b

. >> hackers sendsing out a warning to apple users and google making changes to its search engine. budman takes a look. >> good morning. as any hollywood starlet can fell you once you reach a certain level of fame you become a target. that's happened to apple, long the company whose gear you could buy and not worry about hackers and viruses, apple is now a target. the hacker group anonymous saying it broke into an apple server, hasn't taken personal data but wants mac users to know they are on the anonymous radar. google changing things when it comes to real time search. it removed a couple of features that let you type something into the search bar and get real time updates from twitter and facebook. this doesn't mean that google is severing ties to those hot silicon valley companies, look for real time search to reappear somewhere on the new google plus that is being tested. speaking of red hot silicon valley companies we're waiting to see a price range for the upcoming zynga ipot san francisco social gamer coming up with an ipo filing that plans to pull in near $1 billion, this

in the senate we had about 50 sendses at a meetin50senators y.d the detaeuflts plan, senator after senator, stood up and said, look, i'm in, count me in. this is what we have to do. this is a compromise but what is what is required here. the democrats control the senate, the republicans control the house, we will not do anything without a compromise. bill: i'm short on time as you know. but the house republicans, especially the freshmen, members of the tea party caucus, how do you sell the idea of raising revenues of a trillion dollars over ten years? >> because the way we are doing it is to broaden the base, reduce the exemptions, exclusions, credits that now proliferate in the code and actually reduce tax rates. in addition we eliminate the alternative minimum tax, which increasingly is threatening middle class taxpayers by the tense of millions in this country. in addition the congressional budget office would score this plan, compared to current law as a one and a half trillion dollar tax cut. bill: there is more to explore here. in three min

. >>> in china ark section of bridge collapses sendsing a tourist bus plunging into the forest below.rson is killed but there is other reports saying that death toll is rising. the clock is ticking and tensions are soaring. if you want an idea of just how heated things are over the debt crisis, listen to this. the president stormed out of the president's meeting and vowed that he will extend any debt ceiling that is only short term. this fiery confrontation with eric cantor ended with the president saying "this could bring my presidency down." top congressional democrats and republicans were at the white house for a fifth straight day of talks. the deadline is looming and pessimism is growing. in fact, the rating agency says it will review the sterling bond rating for a possible downgrade. dan lothian is at the white house with this extraordinary ratcheting up of tension and kate is on capitol hill. dan, let's speak with you first. >> reporter: i spoke to a member familiar with the talks that told lawmaker that friday's really the deadline to get a sense of which direction they are go