Tammy the driver made it out without serious injuries, but the home is destroyed. Hope hanselman has the story from alexander. Hope when bad luck has a way of coreening in to our lives. We were actually leaving and we heard squealing noises, tires squealing. Then this big crash. Hope milton knew to expect worse. We looked at each other and said, someones hit a car now. Hope he didnt realize that the tiny house he was building would be the second home hed lose in just two weeks. Milton was only home that day taking inventory for an Insurance Company, after a fire destroyed this house. There was fire in the back, side of the house. It breached through the attic. Hope the Fire Department is the same fire chief and his wife, they live just up the road. They responded. Hope and the only reason the crash was caught on video was out of a neighbors effort to help. He put up a camera to watch the house. To help just keep an eye on things since were not going to be there on the day after the fir
Leaving. The owner Matthew Rogers has had his car broken into three times. Its horrible. Theres tons of drugs. Theres tons of prostitution. We have only been in here since may essentially and we have already had two peoples cars broken into, one of our employees was held up at gunpoint and we had a drunk driver crash into two of our employees cars. Reporter some fedup Business Owners met with police asking for help. We are going to be spending a lot of time in these different areas because we do recognize the fact that these businesses provide a lot of jobs to our community. Reporter alive and radiant hopes the extra patrols will keep their workers safe. But for some neighboring businesses, its too late. I hope it gets better, you know, but we wont be around to see it get better because well be out of here as soon as we can. Reporter aside from relying on the police, these companies are teaming up. They are sharing crime information and reminding their workers to be vigilant. Live in o
With scott pelley. Reporting tonight from washington. Pelley good evening. Welcome to our western edition. Today after years of extraordinary measures to keep the economy from plunging into a depression, the Federal Reserve said it will now ease up on its stimulus program. The job market has improved that much. In the announcement made here in washington, the fed said it will cut the amount of government bonds that its been buying each month. That could lead to higher long term Interest Rates, including mortgages. Wall streets been anticipating this decision for months and when it came today stock prices soared. The dow gained nearly 300 points to close at 16,167 another record high. Anthony mason is in new york for us tonight. Anthony, what exactly is the fed doing . Reporter the fed will still be stimulating the economy, scott, but its cutting back the amount from 85 in bond purchases to 75 billion next month. Chairman ben bernanke said the fed can begin dialing down the program beca
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