good night everyone and good night to you too, susie. >> susie: good night tom. i'm susie gharib. good night everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt.wg

back at it. >> susie: exactly. so the way you left off in your report, it sounds like this could happen. i mean, how long could it last, the shutdown? >> reporter: that's the problem, nobody knows. i have talked to a bunch of people on the hill and they tend to be more republicans who say that some of the things, some saying it could be short, not last very long, maybe go through the weekend and that they would get back to work, they would find a way to get the government back to work by monday, when most federal workers report for work. but nobody knows for sure. and once they get out of the room and stop talking, it's very hard to get them back in the room. >> susie: let's say it goes beyond the weekend, drags on a little longer. what does this heen for the government and what does this mean for american citizens? >> reporter: let's run down what would happen here. so the small business administration would be closed. these are the agencies that are important to business. f. h. a. lending, the federal housing adm

tom, besides spending cuts the president proposed to raise taxes on wealthy americans. >> susie: susie, that tax idea is a clear difference between the white house plan and last week's republican budget proposal to tackle the red ink. obama says his idea includes $3 of spending cuts for every $1 in higher taxes. and while he wants to slash medicare and medicaid by $500 billion, obama proposes no changes in social security. >> susie: president obama's speech at george washington university was tough and forceful, and as darren gersh reports, it laid out a very different view than the republican proposal offered last week. >> reporter: the president today tried to regain the offensive on the budget, offering what he called a "strong" critique of house republican plans to lower taxes on upper-income americans while cutting spending on popular programs like medicare. >> they want to give people like me a $200,000 tax cut that's paid for by asking 33 seniors to each pay $6,000 more in health costs? that's not right, and it's not going to happen as long as i'm president. >> reporter: the new

those are next. >> susie: that's "nightly business report" for tuesday, april 5. i'm susie gharib. good night, everyone, and good night to you, too, tom. >> tom: good night, susie. i'm tom hudson. good night, everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> be more. pbs.

they tumbled about 3% in after hours. >> susie: c.e.o. klaus kleinfed will join us shortly to talk about those results. this is alcoa's strongest quarter in three years as the company benefits from higher commodities prices. but erika miller looks at how rising commodity prices are affecting the rest of corporate america. >> reporter: the rising price of gasoline is taking a serious, immediate toll on many households. but the impact doesn't seem to be nearly as bad on corporate balance sheets. there's no question, the cost of doing business has been increasing at many firms. after all, on top of energy, the prices of many agricultural and industrial raw materials have also surged. so it may surprise you that profit margins for the s&p 500 are close to record levels. earnings expert mike thompson explains one reason why. >> the consumer is basically absorbing the costs. so, corporations are being able to pass on their higher increases to the consumer and continue to, you know, make good profits. >> reporter: in addition, rising commodity p

have a great night. >> susie: thank you, tom. thanks for watching, everyone, hope to see you all again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more information about investing is available in "nightly business report's" video. to order this dvd, call 1-800- play-pbs or visit online at shoppbs.org. >> be more. pbs.

. >> susie: u.s. stocks were dragged down by the drop in commodity prices and new concerns about the nuclear crisis in japan. you're watching "nightly business report" for tuesday, april 12. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. stocks fell even as oil prices dropped more than 3%. susie, one reason behind the sell-off? a goldman sachs forecast calling for a sharp drop in oil prices, suggesting investors should take profits. >> susie: tom, goldman predicts crude prices in the u.s. could get below the $100 a barrel level over the next few months. in new york trading today, may crude futures closed at $106.25- - down $3.67. now that big drop in oil was a drag on wall street. in its biggest slide in a month, the dow tumbled 117 points, the nasdaq lost 26 and the s&p

i'm susie gharib. good night everyone and good night to you too, tom. >> tom: good night susie.i'm tom hudson. good night everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org 

>> susie: is goldman sachs losing its luster? the investment bank reports better-than-expected earnings, but were they good enough for investors? >> a far bigger problem for goldman sachs really is what is happening outside or beyond the reputational issues, what's happening in the broader markets. >> susie: one goldman experts weighs in on the bank's issues, as we look at its future challenges. you're watching "nightly business report" for tuesday, april 19. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. tom hudson is on assignment. stocks bounced back today, thanks to a batch of solid earnings reports from corporate america. but one of wall street's biggest names wasn't among them-- goldman sachs. the investment bank's first quarter profits were down 21%. goldman earned $1.56 a share, a big drop from

[♪] susy: jacobo, no te me vayas. ¡quÉ bÁrbaros eres!eor que antes. >>¿quÉ le pasÓ ahora? >>se traba cada 3 minutos. >>ha de ser un virus. por la tarde, vendremos a vacunarla para que quede limpia. >>pues ojalÁ. >>y te sugiero que te metas en esos lugares de internet; por eso pasa lo que pasa. >>no seas mal pensado. por eso se hacen los chismes. tranquila, yo soy pico de seda. >>¡hummm! mejor dime, ¿karina pescÓ novio? >>pues no sÉ, no soy chismosa. >>¿por quÉ te interesa tanto? ¡¿te gusta?! >>¿cÓmo crees? pregunto por curiosidad. no sÉ. esta niÑa anda rara. Él: ¿en serio, susy? yo sÉ que esas pulgas, no brincan en un petate. la tailandesa se ve que pica bien alto. >>bueno, eso sÍ. [♪] [♪] gustavo elÍas. >>ah, sÍ. sÍgame, por favor. srta. alarcÓn, ¿verdad? >>asÍ es. >>por favor... [♪] >>¡karina! mucho gusto. yo soy gustavo. >>mucho gusto. >>por favor. [♪] >>gracias. >>¿gustas algo de tomar? si me permites, me gustarÍa ofrecerte una copa de este vino blanco. lo hago porque aquÍ preparan el pescado delicioso. >>es la primera vez que no me