In a police state. Afford soow we can many Police Officers. A spokesperson for the Hyattsville City Police as their investigation is ongoing. The officer involved has been placed on routine leave, which is the norm after shootings like this. Thisne showed up afternoon, a relative of the man involved. The woman was shot in the chest but she is in stable condition. D. C. Police have identified the man killed in a shootout. A Police Officer was wounded last night in the shooting on queen street northeast. Investigators say when officers with the department was gotten Recovery Unit tried to stop darius murphy, he pulled out a handgun, shooting an officer. Police returned fire, killing murphy. The wind officer has been released from the hospital. A big move today by pepco asking maryland regulators for a rate increase. The powerrovide company with nearly 43 point 5 million. If granted, the average bill would increase by five dollars a month. Pepco says it needs the money to add to its infra
Were constantly flooded with information with the News Agencies and every single piece of data is billed as a cacophony. Not every headline matters to the stock market no matter how official and full of gravitas it might sound, but how the heck are you supposed to tell the difference between what matters and what doesnt . In this world of information overload how do you know what truly deserves your attention and what you can pass on . You only have so much time to spend doing your homework on your portfolio so you have to use the time wisely. The squawk on the street, the 9 00 show, but this stuff comes so fast and furiously that you never have time to ask does that even matter . You just presume it has import even if it doesnt. Thats why for my new book, get rich carefully, i looked through five years of bulletins from the Charitable Trust i talk about to see which pieces of data were actually worth paying attention to and which ones were overhyped and unimportant, because i think th
Newtown. Newtown. Newtown. Newtown. How many more . Reporter performers and artists now joining with 800 mayors calling for a plan to end gun violence. But Wayne Lapierre, the chief executive officer and public face of the National Rifle association, made clear on nbcs meet the press that his organization will oppose legislation adding new restrictions to the sale of weapons or highcapacity ammunition magazines. Look, i know theres a media machine in this country that wants to blame guns every time something happens. I know theres an antisecond amendment industry in this town. I know theres political leads that for 20 years always try to say it is because americans own guns. Im telling you what i think will make people safe. And what every mom and dad will make them better, if when they drop their kid off at school in january is if we have a Police Officer in that school, a good guy. Reporter as the last of the newtown Massacre Victims are laid to rest, the nra has taken the position t
S p dropped. 41. Nasdaq only fell. 15 . That sums up the week. Stocks suffered broad declirs, and, of course, the reasons for the decline had nothing to do with what happened during the week. Heaven forbid it matters what companies are saying. With the exception of the misleading fiasco of jcpenney, we had good news, mergers, break ups, surprises from companies as big and prominent as nike. Which reported a fantastic number last night in part, because, are you sitting down, western europe, where sales of orders were sensational. Talk about a comeback. No, no, no, the selloff is all about whats going to happen next week. So lets game plan it out to see if we should still be selling first, not to mention second, third and fourth and asking questions later. One thing is for certain. I could have a picture of the white house and the house of representatives with boxing gloves on next week making a fight card. But that would be wrong. They arent even wearing gloves anymore. The president sa
Economy. Jobs, what was it . Today, of course, those minutes were forgotten and the dow soared 109 points, s p climbed. 1 . Typical of what happens every single time with these minutes and it is driving me crazy especially after the dow closed above 16,000. And so many people have been left behind by this unabashed bull market. So im steamed. And tonight, im venting. I think theres a tremendous failure of imagination out there when it comes to the process of making money. So many people do a remarkable amount. If they do little detective work that can lead to solid conclusions that, yes, indeed, can make you money. In some ways, this whole market can be explained by Edgar Allen Poes masterpiece and additionally his singular beautiful tales of the detective stories. First, lets deal with the letter factor. The Federal Reserve has been trying to figure out how to get the economy moving. It issues old minutes from previous meetings, issues them. Come out at 2 00, right . Theyre all pretty