i'm joined by suzanne pratt. google finally took the wraps off google wallet. >> tom, the google effort put software on smart phones, it allows subscribers to use the device to pay for things. mobile payment services are widely used in japan and already there are other u.s. companies testing similar applications. >> tom: erika miller explains there are some obstacles to the success of the google wallet. >> reporter: it's a familiar routine. you go into a store, pick out the items you need and pay with cash or credit card. but if google and mastercard have their way, the experience will soon be much different. shoppers will get personalized coupons on their cell phones, pay with the phone and have receipts immediately emailed. mastercard's ed mclaughlin promises nothing short of life- changing technology. >> we think the experience is absolutely revolutionary. it's going to transform shopping. so, it's not simply the payment- - which you can use paypass and the trusted mastercard network for-- all that like you wo

i'm suzanne pratt. good night everyone and good night to you too, too many. >> tom: have a nice evening. i'm tom hudson, thank you for joining us. we hope to see you bac 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 >> more information about investing is available in "nightly business report's" video "how wall street works". to order this dvd, call 1-800- play-pbs or visit online at shoppbs.org. >> be more. pbs.

i'm suzanne pratt. goodnight everyone and have a great weekend. you, too, tom. >> tom: have a great weekend suzanne. i'm tom hudson goodnight everyone. we hope to see all of you again next week. "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

>> reporter: you know what, suzanne? walmart is selling more american-made goods, and it's less about patriotism and more by default because the mix of goods it's selling is changing as americans' buying habits are changing, too. this chart shows just how much stuff walmart sells. it sells a lot of stuff. we all know if you walk through the stores. but the biggest chunk of what they sell are groceries and household goods like detergent, toilet paper and toothpaste. and those products happen to be produced locally. those other items like electronics, toys and clothing, that stuff is produced overseas. and it looks like shoppers are buying less of those items and focusing more on necessities. it really is by default that walmart is selling more american-made goods. suzanne? >> alison, tell us what this means for folks buying at walmart. they count on low prices. does this mean that you're going to see higher prices now? >> reporter: it doesn't necessarily mean that. those low prices will probably stick around because the r

suzanne?some republicans may not be thrilled or excited by the current crop of candidates. do we know who else might jump in? >> reporter: there's dissatisfaction against some republicans against the current crop upon candidates. there's been a lot of questions for four gentlemen to run. all four are saying thanks but no thanks. and they are, as you see, enbush, the former -- jeb bush, the former governor of florida, chris christie of new jersey, rick perry, the governor of texas, paul ryan, house budget chairman. all urged to run, all saying thanks but no thanks. suzanne? >> all right. thanks. appreciate it. for the latest political news, you know where to go -- cnnpolitics.com. >>> for baby-boomers who still have about ten years or so before retiring, the job market can be a scary place. alison kosik says it's not all doom and gloom and joins us with the top tips. >> reporter: hey, suzanne. no doubt about it, if you find yourself out of work after having a 20 or 30-year career, the job searc

suzanne? >> ivan, i understand as well the allegations of sexual abuse and sexual assault is not just -- does not just pertain to women but also to men as well. are you aware of that? >> reporter: well, i mean, at that time, there was an awful lot of crackdown going on. this was going into april. there would be demonstrations taking place, and the military is in charge of the country, and their police were very heavy handed. i remember talking to two men who just emerged from the state tv headquarters. they said they'd been pulled in there and repeatedly beaten and subjected to electric shocks on their testicles by military police, and they were still bleeding from some of the wounds that they got in their faces. i spoke to them maybe an hour or two after they'd been released from that ordeal. so there had been a pattern more than a month after the overthrow of hosni mubarak where egypt's military rulers were using force and torture to try to stop people from demonstrating against them. now, o

suzanne malveaux. i'll be back shortly to talk about peace in the middle east and whether or not america can do anything about that. >> a very illicit goal for so many. >> president obama will be giving that speech tomorrow. >>> live from studio 7, i'm suzanne malveaux. i want to get you up to speed for wednesday, may 18th. a temporary replacement for osama bin laden. a source with detailed knowledge of al qaeda says he's saif al adel. he's a former member of the egyptian special forces. the united states links al adel to the american embassy bombings in east africa. that happened in 1998. the u.s. has a $5 million bounty on him. >>> calls are mounting for dominique strauss-kahn to give up the top job at the international military country. treasury secretary timothy geithner says strauss-kahn is not in position to run the imf. strauss-kahn is accused of assaulting a hotel house maid. >> she can't go back to work. she has no idea what her future is going to be in any respect. so aside from what took pla

>> suzanne, no response yet.n fact, if you were watching president obama here in london, you wouldn't have even had an indication this speech was going on. he visited a school with british prime minister david cameron for sort of an education and innovation effort. but even as there has been this rough spot between the prime minister and the president and we're certainly going to be peppering jay carney, the press secretary, when he has a briefing here in london not too long from now. but even with this rough spot, i think you would hear the white house emphasize that the president is going to be dealing with this issue here. the israeli/palestinian peace process, as he talks to european allies and also that he tried to go out of his way on sunday to really assuage some of those concerns that prime minister netanyahu has, suzanne. >> thank you, brianna. appreciate it. and we appreciate all our viewers for this cnn "newsroom" special on that address by the israeli prime minister. >> all right. thanks very much. i'

>> yes, suzanne. a u.s. they pulled out of bin laden's compound, al qaeda was considering the possibility of approaching pakistan with a deal. the deal would basically be we won't attack you, pakistan, and in return, you would allow us to basically have safe harbor here in your country. now the key to this though is that u.s. officials say there doesn't seem to be any evidence right now that pakistani officials were actually approached with this deal. in other words, right now they believe it was an internal al qaeda discussion about possibilities in which -- and directions in which the organization could go. >> chris, is there any concern or questions that the pentagon has now that potentially if bin laden or al qaeda were thinking that such a deal is possible, that that sheds some light on just how close -- potentially close the pakistani government was to al qaeda, was to osama bin laden? >> well, you know, immediately in the aftermath of the raid on bin laden's compound u.s. officials came out publicly a

suzanne? >> all right.ic robertson, thank you for your report. >>> the raid on bin laden's compound didn't quite play out as planned. it wasn't the only option that it wasn't the only option that was actually being looked at. [ om ] something... ♪ mexican. [ female announcer ] thinking mexican tonight? hamburger helper has five festive flavors like crunchy taco. hamburger helper. one pound. one pan. one happy family. nope. see, hotels.com has over 20,000 last minute deals every week. so i get a great deal, no matter how long i wait. yeah, i'm not very good at waiting... then we must train you to wait. it is time to book, grasshopper. now, it's ok to wait. get great deals. even at the last minute. hotels.com. be smart. book smart. festival of shrimp for just $11.99. combine two of our most tempting shrimp selections any way you like from favorites like crab-stuffed shrimp to special new creations like bbq-glazed shrimp or potato-crusted shrimp. create your own combination with unlimited cheddar bay biscuits

suzanne collins says friends and family are remembering the teen. suzanne? >> reporter: adam, she was visiting baltimore. she had planned to attend college and was staying with her sister when she disappeared and her body has just been found in the susquehanna river. at a church in conyers, georgia, the family, friends and school mates of phylicia simone barnes say goodbye to the murdered 16-year-old. >> this is the time when everybody needs everybody. >> reporter: the teenager's family greets supporters, a video of phylicia simone barnes is played for those filling the church. >> mighty god, grant this family your strength. >> reporter: school counselors speak about her love for children and excitement about theater. >> it became that fierce, fiery girl, skipping over educational standards to reach her educational goals and not even stand for bs and cs. >> phylicia was highly motivated. she had clear goals. ♪ >> reporter: a family member reads a poem written by phylicia's mother, one as if the teenager herself is speaking from heaven above. >> if all of you

now time to throw it over to suzanne malveaux. i'll be with you a little bit to talk about infidelity in politicians. who cares? >> maybe some people do. i'd like to cover that race with obama and kane. >> it would be spicy. they have totally opposite views. >>> i want goet you up to speed for monday, may 16th. water from the mississippi river is gushing from nine spill gates from the morganza spillway. the water will cut a 20-mile path through louisiana's cajun country. >> we're fortunate that were have what we have, we haven't an opportunity to get out. material things we can replace. our family and what we believe in daily, just can't put prices on that. >> did you put up the sign? >> yeah, i put it up, i'm proud of that sign. it's just what we say, we will be back. >> almost a week after the mississippi crested in memphis, the river remains 11 feet above flood stage. president obama is in memphis today to get a look at the flood damage. and to comfort families who have lost their homes. >>> zero and liftoff for the final launc

suzanne? bit of good news as we start our weekend. >>> more of my exclusive interview with jimmy carter. the former president revealed a number of personal decisions that he made that quite frankly surprised us, including his own decision in 2000 to separate his affiliation with the southern baptist convention. he said he and the former first lady did so because they were disturbed with the church's treatment of women. carter also weighed in on gay rights. >> can i ask you a question about your faith? >> of course. >> reporter: the role of southern baptist, you have openly -- openly you promoted same-sex marriage, the allowing gays to serve openly in the military. how do you square that with your faith? >> well, our church is a more modern church. i say there should be unlimited ability for same-sex couples to be married in a legal ceremony, not a surge ceremony. i think that decision should be up to each individual church congregation. i do hope -- and they will expedite the end of don't ask

mubarak was detained along with his wife, suzanne, and his two sons in sharm el- sheikh. now, suzanne mubarak has been released after paying back some $4 million worth of assets to the state. what she is no longer being questioned. she is still in the process of either approving a source of her money or relinquishing it. >> the current investigator -- the current president is being investigated it about the uprising. there are mixed feelings about the fate of the mubarak family. >> if we accept this, everyone who commits a crime will apologize without punishment. we must see justice done. >> there is no need to punish him further. >> suzanne mubarak denies charges of abusing her husband's office for personal financial gain. after the unprecedented protests, many egyptians feel that the mubarak family must face a trial over their crimes of the country is to move forward. >> the second day of her four- day state visit to ireland, queen elizabeth will attend a service to honor the irish soldiers who died fighting for the united kingdom in the first world war. she went to a m

singer suzanne vega tries on a new role as a playwright and actress. captioning sponsored by cbs this is the "cbs evening news" >> mason: good evening. six days after his death in pakistan, a new picture of osama bin laden is emerging tonight. in an-- it is almost certainly not one he would have wanted us to see. video seized by the navy seals who raided his compound show a distinctly unheroic-looking terrorist leader which may be why the government selected them for release. homeland security correspondent bob orr in washington begins our coverage. >> reporter: it's a startling image-- a haggerred looking osama bin laden huddled in a blanket and ski cap, holding a remote control, watching television news coverage of himself. the video, one of five released at a by the u.s. government, shows bin laden sitting alone in a drab, run-down room in front of an old tv connected by a bundle of bare cables to a satellite receiver. the government did not release the audio of the home movie but bin laden is watching a broadcast of one of al qaeda's many terror me

should be a big deal, suzanne. >> very big deal. thank you, paul. have a great holiday. this memorial day it is going to cost you more to fire if you're eating a hamburger, the price of ground beef is up 12%. lettuce, tomatoes, up almost 10%. if you want to cool things off with some ice cream, expect to pay 5% more. we'll be right back after this quick break. hmmm, you can't do that. but you can do this. bengay pain relief + massage with penetrating nubs plus the powerful pain relief of bengay. love the nubs! a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. and celebrex is not a narcotic. when it comes to relieving your arthri

now suzanne mubarak has been released after giving back $4 million in assets to the states. >> she iso longer being questioned, but she is still and thus -- in the process of either relinquishing her money or processing it through legal means. >> hosni mubarak has been accused of being responsible for the deaths of some of those who protested in the street of each. -- egypt. >> if we accept this, everybody who commits a crime will apologize. without punishment, we will see -- will not see justice. >> there is no need to punish him for their if abortion is returned to us again. >> suzanne mubarak -- if the fortune is returned to us again. >> suzanne mubarak said that she was not aware of any crimes. >> queen elizabeth has made a highly public memorial to those in who fought in northern ireland for an end to british rule. it is a marketing new chapter in relations. in a new chapter in relations. >> it is just an hour's flying time from london to dublin, but this particular flight has taken decades to get here. in a coat of emerald green, queen elizabeth of britain is finally stepping on

suzanne?y, we certainly wish the family the very best during their time of healing. thank you, casey. >>> here's your chance to talk back. one of the big stories of the day, is hyper partisanship driving good candidates out of the presidential race? our carol costello is here with more. carol. what do we think? >> well, here it goes. republican presidential contenders are dropping like flies. and party insiders are scrambling, begging indiana governor mitch daniels and new jersey's chris christie to get into the race. christie said no way. and daniels hasn't exactly sounded enthusiastic. maybe it's because they don't have the stomach for it. those candidates that are likely to run are backing away from their more moderate views, like mitt romney, who says as governor of massachusetts, his health plan was nothing like president obama's. >> what we were doing in our state was quite different than that. it was a more modest proposal, if you will. and that was, we're not having government take ove

i'm suzanne malveaux.viewers watching around the world on cnn international. >> and i'm wolf blitzer here in washington. we're only a few minute he's away from the speech addressing all the dramatic changes in the middle east and north africa. let's bring in ed henry. we know the secretary of state hillary clinton will introduce the president. we're standing by for that introduction. but set the scene for us. >> reporter: this is a huge speech. aides say he'll go on for about 45 minutes because he has a lot of ground to cover. you'll remember two years ago in june he was in cairo, he spoke to the muslim world and was trying a new beginning. not a lot of that vision has been realized. he promised to close down the military prison at guantanamo. that's still not closed even though the president himself has called that a recruiting tool for al qaeda. on the other hand, of course in recent weeks, he led the mission that ended up killing osama bin laden. and he wants to aides say use this speech as a way to off

and suzanne has been an amazing edition to our newsteam.nd we wish her the best on her new job. >> we're excited for her. sad for us. [ male announcer ] are you paying more and more for cable and enjoying it less and less? stop paying for second best. upgrade to verizon fios and get tv, internet and phone for just $99.99 a month for a year. call now and you'll get this special bonus: $100 back. there's no term contract required. if you don't absolutely love fios you can cancel any time with no early termination fee. fios is a 100% fiber-optic network that delivers the best channel lineup, superior picture quality and more hd, plus the fastest internet in the u.s. why keep paying for cable? get fios tv, internet and phone -- for just $99.99 a month, plus $100 back. this is a limited time offer, so don't wait. call 1.877.827.fios. call the verizon center for customers with disabilities that's 1.877.827.3467. at 800-974-6006 tty/v.

but, as suzanne pratt reports, paying more for food and fuel is taking a toll on consumers. >> reporter: it's no surprise to most shoppers in this new york grocery store that it's getting expensive to put food on the table. after all the cost of yogurt, milk, eggs and meat all rose last month. many say those higher price tags are affecting their household finances. >> they're higher than they were. and, i'm on a really low budget, so it's pretty tight. >> i'll take an extra moment to consider what i'm buying now than perhaps in months or years past. >> reporter: and, it's not just food. prices at the pump are still over $4 a gallon in many areas of the country. that's despite a recent drop in the cost of crude oil. on an annual basis, consumer prices 3.2% are higher than a year ago-- the biggest gain since october 2008. economist david wyss says policymakers have little control over the price of food or fuel. >> so, there's not much the fed can do to improve the weather and i don't think there's much ben bernanke knows how to do to improve the middle east. >> reporter: the confusing thi

suzanne pratt, "nightly business report," new york. >> susie: here are the stories in tonight's n.b.r. newswheel: stocks ended lower for a third day. the dow lost 83 points, the nasdaq fell 13 and the s&p 500 off nine points. big board volume was above a billion shares, nasdaq volume more than $2 billion. oil prices finished lower as well. as we told you, in new york trading, crude futures fell $1.81 to close at $109.24. intel announced a major breakthrough in chip design. the company plans to release 3d transistor chips to make p.c.s and smartphones faster and more efficient. they're called trigate transistors. intel expects them to start showing up in computers next year. >> susie: still ahead, shopping for bargains in retail. hilary kramer is our "street critique" guest. and later, in tonight's "money file," real world advice for college grads. >> tom: the u.s. treasury said today it plans to sell $72 billion of i.o.u.s next week. that's enough to bring the nation right up to the edge of its $14 trillion debt ceiling. raising that debt limit is the biggest battle in washington thes

i'm suzanne malveaux. want to get you up to speed. terror alert the department of homeland security is warning police nationwide that al qaeda remains interested in striking oil and gas targets. that could include oil tankers, at sea, gasoline tankers on america's highways, the alert stats from information that was discovered in the raid that killed bin laden. homeland security says it is not aware of any imminent plot. >>> we are waiting for former imf chief dominique strauss-khan to make bail. he's going to leave rikers island jail for his luxury apartment in new york. strict conditions of this $1 million bail require him to stay in his house, where electronic monitoring device as well. a grand jury has indicted strauss-khan on seven counts, but he adamantly denies sexually assaulting a hotel housekeeper. >>> we expect to hear from president obama and his guest as israel prime minister benjamin netanyahu very shortly. the two are having lunch and there is a tense disagreement that's hanging over the room. the president wants israel'

appreciate it. >>> live from studio 7, i'm suzanne malveaux.. >>> but first, want to get you up to speed.

suzanne pratt takes a look at why microsoft's big bet isn't getting rave reviews. >> reporter: this is the future of global communication, and microsoft wants in on the action. let's face it-- microsoft is still a huge laggard when it comes to the internet and the consumer market. not only is "skyping" so popular that it's a verb, but the deal gives microsoft access to skype's 170 million loyal web users. microsoft c.e.o. steve balmer explained it at a news conference, saying the plan is to put skype technology into microsoft products. >> microsoft and skype together will bring together hundreds of millions-- or as tony would say, billions-- of consumers, and empower them to communicate in new and interesting ways. >> reporter: those new and interesting ways are likely to include adding skype to window's mobile phones, outlook email, and even x-box game consoles. still, the news had many technology experts scratching their heads. after all, skype is not profitable. its web users skype other users for free. skype only makes money off of group video conferences and old fashioned phone ca

suzanne pratt, "nightly business report," new york. >> susie: joining us now for more analysis about that jobs report and the economy-- mohamed el-erian, c.e.o. of pimco, the world's largest bond fund. hi, mohammed, nice to have you. >> hi, susie. thank you for having me. >> susie: are things getting better in the jobs market? >> they are getting better. today was a strong number, not only in terms of the overall number, but also in terms of what we call the defusion index. we had 65% of the industry reporting job increases. however, and it's important to remember that, unemployment remains high, 9%, and the poied and the underpoied is still at 15.8%. and the thing that worries me the most, susie, a staggering 25% of the 16- to 19-year-olds are unemployed. so, yes, it's a good number, but we've got a lot to do to get back to normal. >> susie: well, you know, we hear c.e.o.s saying they're optimistic about the future, they have a lot of cash, they're doing mergers. do you expect an acceleration in hiring? >> i'm hoping for one, but, unfortunately, i don't expect it. and i don't expect

suzanne pratt reports. >> reporter: i.m.f. director dominique strauss-kahn was supposed to be in brussels today tackling europe's newest money troubles. instead he sits in a manhattan jail, not far from the new york stock exchange. as if the eurozone didn't have enough problems, the arrest of strauss-kahn is the latest dark cloud for the region. veteran big board broker ted weisberg says it's also a stark reminder that u.s. investors should keep a watchful eye on europe. >> the world grows smaller economically every day, and i think what happens in europe does have an impact on the u.s. market. is it enough of an impact to completely derail the current positive bias that we've seen in the last 12 to 18 months? i'm not sure. >> reporter: it's been nearly 18 months since europe's debt problems began to heat up with questions about greek solvency. in that time period, the dow is up more than 2,000 points, or a very healthy 20%. nevertheless, u.s. market experts are most concerned about a potential domino effect in europe. strateg

suzanne pratt reports. >> reporter: it's wednesday afternoon at this mall in garden city, new york, and you could play catch in the parking lot. a slow shopping center is hardly conclusive evidence of a weak economy, but some experts say it's no surprise given other signs of lackluster activity. the housing market remains in the cellar. sales are down at the nation's go-to store. and, job growth is still far too slow to put millions of americans back to work. economist ed yardeni also points to the recent increase in weekly jobless claims and weakness in the auto sector because of parts shortages in japan. >> the auto industry actually saw a very sharp drop in production in april and, as a result of that, they're not hiring and they're holding back 'til they can get the parts. so, i think, when you add it all up, we're probably looking at a soft patch lasting through the end of the summer. >> reporter: and, don't forget those higher prices at the pump. some say they've upset our financial state of mind. >> we all drive down the road and we see that price all the time, and so it gives an

suzanne collins joins us live. the couple rented a house two days ago. suzanne? >> that's something, isn't it? the destruction of this house is total. yet the quick actions of that neighbor ensured that two people's lives were saved. >> it was just, boom. my whole house shifted. >> next thing you know, we have like a good 20, 30 fire trucks in our neighborhood. >> reporter: steven garribed ran out to see what woke him up early in the morning. >> you couldn't even see the house. >> his friends captured this picture. >> glass everywhere. went through the back. i saw my neighbor screaming for his wife. >> reporter: ned found the man's wife. >> he told me they were sleeping and could just wake up in the backyard. he doesn't remember. >> reporter: at day break, you could see the extent of the damage. the gas company is making sure there are no leaks. all power has been shut off in the 11,200 block of ashley drive. but now, investigators have to decide where to begin. >> and the sad part is they just moved in two days ago. that's really sad. these poor folks. >> report