Randall Eley News Today

Captioning sponsored by wpbt this is n. B. R. Tom good evening. Im tom hudson. The sequester is here and the federal Government Spending cuts will soon be enacted. Susie im susie gharib. Good evening, everyone. Well look at what sequester means for the u. S. Economy, jobs and the markets and how long it may last. Tom one bright spot for the economy auto sales. February was another strong month of sales. Susie that and more tonight on n. B. R. Tom before midnight tonight, the sequester takes effe...

And maybe that will start to resonate out there with the American Public and maybe then well be able to move forward with some sort of more reasonable fiscal path to the future. Reporter by easter, hoagland expects the sequester pain will probably be bad enough to force some sort of compromise, if not how bad is it going to be . What im hearing from a lot of people is the feeling this whole sequester thing is way overblown, is it . Okay, play the washington number game with me for a minute. You ...

And maybe that will start to resonate out there with the American Public and maybe then well be able to move forward with some sort of more reasonable fiscal path to the future. Reporter by easter, hoagland expects the sequester pain will probably be bad enough to force some sort of compromise, if not how bad is it going to be . What im hearing from a lot of people is the feeling this whole sequester thing is way overblown, is it . Okay, play the washington number game with me for a minute. You ...

No one was disappointed. Our Washington Bureau chief darren gersh tonight on what happened and what comes next. Reporter by now, you know how this story goes. After the lastminute meeting at the white house, the speaker emerges grimfaced. The discussion about revenue in my view is over. Its about taking on the spending problem in washington. Reporter cut to the White House Briefing room. The president says hes been reasonable. Some tax cuts, some spending cuts and some entitlement reform. Thats ...

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sentiment index rose to 79.2 this month. thats the highest level in four months. those surveyed said they are upbeat about their personal finances, and most believe the unemployment will not rise further. also today, the commerce department reported retail sales jumped 0.9% in august. thats the largest increase since february. the gains come as consumers are spending more on cars and gasoline. the report showed that sales at different retailers were mixed and suggested only a modest in...

thats according to fresh data out today. theyre feeling hopeful about their economic and job prospects. a new survey from thomson- reuters and the university of michigan shows the consumer sentiment index rose to 79.2 this month. thats the highest level in four months. those surveyed said they are upbeat about their personal finances, and most believe the unemployment will not rise further. also today, the commerce department reported retail sales jumped 0.9% in august. thats the large...

took this action because, without it, economic growth might not be strong enough to create jobs. but the feds latest round of quantitative easing, what everyone calls q.e.-3, is different this time. the fed will buy mortgage backed securities rather than u.s. treasuries. it will buy $40 billion per month. more importantly, the fed said the buying is open-ended-- it promised to keep buying until the job market "improves substantially." and the fed pledged to keep interest rates "excepti...