Page 157 - Stimulus Program News Today

Way bailout. essentially this is money that detroit would have be anyway. >> in what sense? money for what? >> money for different things. many cities are eligible for this. it just happened to be that detroit was going through red tape. >> part of the stimulus program or something like that for public works? >> correct. yeah. this money is allocated specifically though. >> so detroit was eligible for the money and they get the 300 million. but it is a democratic controlled city that is bankrupt...

Way bailout. essentially this is money that detroit would have been eligible for anyway. >> in what sense? money for what? >> money for different things. many cities are eligible for this. it just happened to be that detroit was going through red tape. >> part of the stimulus program or something like that for public works? >> correct. yeah. this money is allocated specifically though. >> so detroit was eligible for the money and they get the 300 million. but it is a democratic controlled city t...

Theyre not focused on you. >> well, you know who is focused on whats happening in d.c.? the folks on wall street, and theyre getting a case of the shutdown jitters. now, the dow soared during the first half of the week, toughing really record territory, then it sank the end of the week when talk of a shutdown got louder and louder with the house vote. for the week, the dow gained 75 points cnns alison kosik joins us. good morning. >> reporter: it was a record-setting week on wall street, victor ...

Economy if the debt limit is not increased. when it comes to who americans trust handling the debt negotiations, take your pick. president obama, a slight edge over congressional republicans. 43% to 40%. now to business where after months of saying september would be the month that the fed would begin backing off its $85 billion a month bond buying program, the central bank basically blinked. they decided to keep the stimulus program in place in full for the time being. that september mnt market...

>> hello. >> thats good odds. >> thats like winning the lottery. >> i didnt win nothing. i got shut out, didnt get bit by a shark. >> no lightning shark. >> keep trying. all right. lets presume that you didnt win the powerball but if youre an investor in the stock market, you could be happy about the latest surge. the dow climbed 147 points yesterday. the other major averages were up. stocks jumped after the federal reserve announced its not changing its current economic stimulus program. chai...

Notably from putin who is giving a speech hours from now. we will watch what he says about mccain and anything on syria as well. >> phil black, live in moscow, thank you. training would take place in a country near syria we are told if it is approved. death toll from the hurricane in mexico has reached 80. it has flooded out acapulco. look at the waters there. the death toll could rise higher once the authorities tally up the devastation caused by a mudslide that was 50 miles west of acapulc...

>> thats good odds. what happened to me. hello? >> i didnt win nothing. i got shut out. didnt get bit by a shark. >> no lightning strike? >> ill take the super model. lets presume you didnt win the powerball. if youre an investor in the stock market, you could be happy about the latest surge. the dow climbed to a new record high. the other major anks were up. stocks jumped after the federal reserve announced its not changing its current economic stimulus program. theres no prove that the econo...

We dont -- >> youre right. >> how she was recovered. everything is very, very vague at this point. but what we do know is that if children are going to be murdered as a result of a kidnapping, that 75% of them or thereabouts will be dead within the first 24 hours. so time is an incredibly critical factor in these types of situations. and again, its a testament to law enforcement and the public and the media, how far we have come in understanding these issues and dealing with them. >> thank goodn...

Christine romans breaking the news on the big fed announcement that theyre going to keep the training wheels on. theyre going to continue the stimulus program for the next little bit of time. good news for the stock market today. coming up next, the raw shock of learning your mom, your wife, has been killed. youre going to see the entire gripping interview with one family of one of the victims from the washington navy yard shooting. >> have these periods of numbness like the water is receding ...

Create the t.a.r.p. that saved our economy and in the end not only rereturned all of the money to the taxpayers but made a slight profit. >> congresswoman thank you for your time. >> great talking to you. >> breaking news and surprise move. the federal reserve announced moments ago it will not -- not scale back its economic stimulus program. right now the markets are reacting. well get you caught up on the latest details there. the dow is up over 100 points. within the last hour, officials out...