Spending by consumers rose a healthy 53 . But the catch was the exports and business investments, things like snowstorm and frigid weather, those things fell off. But there is reason to be optimistic. Jobs grew by 220,000. Thats the biggest jump weve seen in five months. And a third of the jobs were added by Small Businesses, and Small Businesses are the rocket fuel of americas economy. Of all the jobs added, the biggest chunk of new jobs by businesses and construction was the second largest jobs to come. Even the Federal Reserve noted the economic pick up and Economic Activity after a sharp slow down in winter. The feds said following a twoday meeting that it expects growth in the coming months with more jobs coming online and more spending on housing. The fed feels confident enough to cut back another 10 billion. But there is still some economic problems. More jobs need to be added so the fed for the first time, for the time being is keeping key Interest Rates at or near zero. Normally such rock bottom rates sparked higher prices, inflati inflation. The feds say the biggest moment at the moment is that prices are not rising fast enough. Lets delve deeper into what we learned about the economy today. Carl, the senior economist for deutsche bank, carl, should we believe that the u. S. Economic growth stalled in the first three months because of bad weather . There is ample evidence looking at retail sales, Motor Vehicle sales. Industrial production and transportation series are interrupted so drop off in experts may very well be due to the fact that ports were closed down, trains were not running freight service, that sort of thing, it really ran rampant through the economy in the first quarter. Up equally important, though, the gdp data is old news because we have other data out today like the employment numbers that are highlighted, Current Quarter data, a regional data, we have another production survey, the nationwide, thats out tomorrow. Thats likely to show the same thing. Now i might be willing to believe this is all bad weather and we dont have anything to worry about if housing was heating up much faster than it is. Housing seems flat, and housing is crucial to the economy. Housing data has been soft over the past six months, however, the key pore house something to cast judgment during the peak season, the springbuying season. Thats just getting under way now, so we need to see the april, may, june, july sales statistics to be able to cast adjustment on whether or not house something wobbling or not. For everyone who has investments in the market, what are they predicting in the next couple of days about jobs on friday. Sure, friday is going to be the big romp report, but investors are taking the review that there is weather impact in the data. Between now and july well have three more sets of revisions just to the q 1 statistics. Theyre being more forward looking as markets are prone to do, and focusing on the april and may indicators, things like the number of individuals filing for benefits. Thats at a recession low. Thats evidence that the economy is springing back, if you will, in the Current Quarter. Our view whatever was taken out in q 1 will be given back in q 2. Well see a lumpy profile and potentially growth with a four handle on it in the Current Quarter. What about growth for the people who tend to need it the most. Low income, middle class americans. Their wages have been stagnant. The growth weve seen has benefited the rich. When will it benefit the rest of the economy . When we look at inflation adjusted wages theyre back where they were in 1996 and 1997. Its been slow for that part of the economy to recover. Today the senate dropped plans to wage the minimum wage. The minimum wage adjusted for inflation lower than where was back when Ronald Reagan was president. That without a doubt has been the most sluggish part of the economy. The well todo have done well. This will come in time, but its going to take a considerable period longer to reduce slack in that part of the economy, unskilled labor or people with maybe only limited job training. The Unemployment Rate is much higher and it takes a lot of job creation to pull those workers back in the labor market, and to cause a little tightness which will give the Wage Inflation , boost the stagnant wages. Carl, thank you. My pleasure. America dodged another bullet hazard a train carrying crud oil once again derailed and burned. Take a look at this spectacular team in downtown lynchburg, virginia. Flames and dense black smoke filled the sky. I say we dodged a bullet, even though were in the middle of a city with 75,000 people listen, there were no reports of casualties, but hundreds of people had to be evacuated. We do not know yet what caused the crash. It comes as the federal department of transportation creates new rules in the transportation of crud oil after a spring of derailments in the past few months. New rules cannot come soon enough. There have been a glut of oil in rail shipments. Fueling the boom is fracking , and it is also more flammable like gasoline. 400,000 train car loads rumbled through towns big and small. Among them albany, the capitol of new york state. This new crude reality has residents fearing the worse. Reporter oil trains roll through the heart of albany twice a day. Some idling for hours as they wait to get into the citys port. In some cases the tankers are 25 feet from where people live. Its in close proximity to the playground. Reporter up to a mile long a single train can haul as much as 4 million gallons of the highly flammable crude. This specific brand of crude is very explosive. The cars that haul it, are broken to derailment and puncture. The National Transportation safety board has specifically cited the thin hulls as a factor in spills during accidents. These cars were in use when the train derailed in july, killing 47 people and wiping out half the town. Among the most concerned the residents , home to 180 families. The concern is how would we get out . How would we get out . You have handicap people, you have elderly people. Reporter albanys oil boon is a matter of geography. Long the Regional Distribution Center for heating oil it was shipments out of north dakota to refineries up and down the east coast. But the refineries caught many by surprise. The state is preempted by the federal government in terms of its regulation of the railways, and in a sense this has snuck up on all of us while were busy keeping fracking out of new york. Reporter it was just two years ago when global partners, a leadershipper of oil by rail sent its first pay through albany. Today it handles 1. 8 billion gallons of the flammable oil each year. Now new yorkers may have more reason to fear. Local partners is looking to expand in albany and a new terminal north of new york city. Global partners has not returned al jazeeras calls for comment, but the federal Railroad Administration insists when it comes to crude oil safety is its top priority. According to spokesperson kevin thomson, federal regulators have ordered advisories, held public hearings and have been conducting unannounced spot inspections. Theyre drawing up rules to retrofit train cars to meet new safety standards. Meanwhile derailments continue at record pace with 14 in the past year alone. The fact that more oil has spilled last year than in the previous four decades combined indicates how much danger there is. Im not willing to allow this types of situations happen in albany. There is no way we would recover from it. Al jazeera. Right now 75 of all oil pumped in north dakota is shipped villa rail. While new pipelines are under construction its doubtful theyy will replace train transport any time soon. It does not give the Oil Companies the same flexibility in funneling oil to refineries will be to pay the top dollar. How the sanctions on russia could end up hurting americas own space program, and the fight to give millions of americans a rise. Thats real money. Our Current System has gone very far awry. Theres huge pressure on the police to arrest and find somebody guilty i think the system is going to fail a lot of other people. You convicted the wrong person i find that extraordinarily disappointing. To keep me from going to jail, i needed to cooperate. Somebody can push you in a Death Chamber its not a joke the system with joe beringer now inroducing, the new al jazeea america mobile news app. Get our exclusive in depth, reporting when you want it. A global perspective wherever you are. The major headlines in context. Mashable says. Youll never miss the latest news they will continue looking for suvivors. The potential for Energy Production is huge. No noise, no clutter, just real reporting. The new Al Jazeera America mobile app, available for your apple and android mobile device. Download it now space may be the final frontier, but it also may be the conflict between United States and russia. Look at the response to the latest u. S. Sanctions in the crisis of ukraine. Ouch. Heres the thing. Right now the only way for nasa to get to the International Space station is on a russian spacecraft. Some worry that russia will deny access on the spacecraft and worse, not bring back the american astronauts already on board. You have a lot of families and friends in this industry. Do you believe its a real possibility the russians would say were not going to transport your astronauts any more. I think Charlie Bolden said it directly. The space relationship between the United States and russia has survived a lot of other political up heavals, statistically the answer is no, they wouldnt do that, but russia has surprised us a lot, especially here in the last couple of months. I think it is a very real possibility, but but statistically were probably save. The russian cosmonauts, how much do they talk about global affairs,. Very little. I think its very conscious that not only do they troy to avoid political issues, but if you go past the astronauts into the flight engineers, ground crews and everything theyve had a good working relationship going back to my dads time as an astronaut. He would regularly travel to russia even during the cold war era and astronaut to cosmonaut there was always a close bond. Is that travel from space officials . I think once you get to the political regimes at the very headquarters of you any of these big departments they have to. Especially when it gets to transferring money back and forth. When there are debates of who is providing the service to to the space station and the cash for those trips. Did you always feel that the russians were someone you could rely on. Theyre far safer than the United States. If you ask a safety engineer the shuttle was projected and did kill one out of 70 people who would board it on the russians they had accidents 3035 years ago like we did in the early period but theyve had no fata fatality sense. Even from an engineering standpoint it is very safe. What if your goal is to be able to transport astronauts to the space station and beyond. We knew there would be a five year lull. And were three years into that five years about now. We still have a couple of years left. This problem that were having with russia is coming at an awkward time because they could lock us out effectively of not only using their vehicle to build a space station but they make one of the main engines, the most powerful engine currently available, and use it in a number of u. S. Rockets. They could block us out of our own launches. So interesting. Richard thank you for coming in. Appreciate it. The space industry is in the missed of a major transition , and soon we may not have to depend on countries like russia to get into space. Entrepreneurs have been racing to set up infrastructure in space so we can live there one day. Its a big vision and it has to start somewhere. One place is mountain view, california. In the labs of 30something entrepreneurs. As ali velshi shows us, these entrepreneurs believe their 3d space printer is going to change everything. We started testing and building with moon dirt, moon simulates. He holds what he hopes are large mega structures and human habitat s in space. 3d moonprinted dirt. There will be large spacecraft. Reporter cameron is partners in made in space is a new breed in Silicon Valley. Space entrepreneurs. Weve kind of built this company as the typical Silicon Valley start up. Were young. We work long hours. Were not afraid to try new things. The big vision evolves around this 3d printer. In zero gravity, things float and then your print is thrown off. We had to come up with unique ways to control the printing process. Reporter 3d printers work like a hot glue gun depositing layers of warm plastic goo which hardens into extremely durable plastic. This is built up layer by layer. Reporter theyre partnering with nasa, which is rigorously testing the printer. The first goal is to 3d print spare parts for the space station. Up until now everything that went into space had to be launched. That was the only way to move things from the surface of the earth into space. Rockets are very expensive. They can be risky. By putting a 3d print center space were knocking down that first barrier of what it takes to put something in space. By being able to up load a file, hit print and have what you want in space on demand, space is now accessible to entire new class of people on this planet. For the First Time Ever humanity will have the ability to literally email their hardware to space. Reporter the founders of made in space are following an impressive lineage of entrepreneur pioneers. And they are all investing heavily in space. Is being a space entrepreneur viable . So listen, its tough. There is no question. It will be some day the place where a lot of entrepreneurs like the made in space team can do stuff. Today its an expensive entry price. It takes a lot of capitol and a lot oalot of capital and a k to ever see a profit. Trillionaires from out there mining astroids, building in space, building the future of humanity. Reporter but he said made in space is already generating revenue in the seven figures, and he has larger goals for the future. Our goal is to have a billion Dollar Company in ten years. We think its viable, its possible. And the made in space team has big plans for their 3d printer from building satellites and launching them from space to completely changing how we use energy on earth. Well build solar collectors. Well transmit that energy wir wirily to the ground. I know, it sounds out there, but made in space is on to something. The point is the most expensive thing to do is to launch into space. There is a big Market Opportunity in what they do, i support what theyre doing. It makes perfect sense to me. Its often been joked its not a good decision financially to start a Space Company because space is so challenging, it is so risky, but the pave can be incredibly large if you do it right. Ali velshi, al jazeera. The first printer made in space folks are sending to the International Space station will be a science experiment to test their printer. Theyll build out 20 parts in space and compare it to what theyve built on the ground. Theyll send a second one into space and thats when theyll print out parts and other things on demand. Republicans blocked a minimum wage bill in the senate, and well look at the politics and the economic realities. Plus, geeing out in san francisco. Were there where hundreds of developers are coming up with facebooks next cool feature. Youre watching real money. Al Jazeera America presents borderlands dramatic conclusion no ones prepared for this journey. Our teams experience the heart breaking desperation were all following stories of people that have died in the desert. And the importance. Experiencing it, has changed me completely. Of the lives that were lost in the desert this is the most dangerous part of your trip. An emotional finale you cant miss. We got be here to tell the story. The final journey borderland continues. Only on Al Jazeera America every saturday join us for exclusive, revealing, and surprising talks with the most interesting people of our time. I became beautiful when i became a feminist Gloria Steinem sexuality is about cooperation, not domination. And inspiration. I want for women whatever they want for themselves. And the unconventional future of the movement theyre many faces for feminism, including beyonce talk to al jazeera only on Al Jazeera AmericaSenate Republicans blocked the bill to raise the minimum wage from 7. 25 to 10. 10. Democratic supporters as expected fell short of the 60 votes needed to bring the bill up for debate. While todays outcome is a policy defeat for one of president obamas action. Democrats are trying to get midterm voters to focus on income inequality. Todays vote the president ral rallied his base and accused the republicans of siding with the rich and noted that the wage hike has been popular at the state level. While they have not allowed the bill to come up for a vote. You have seen ten states and the district of columbia go ahead and raise theirs. [applause] yesterday the legislature voted to raise their minimum wage to 10. 10. Maryland did the same thing earlier this month. Democrats latch on to Congressional Budget Office he estimates that said higher minimum wages would put money in the pockets of workers. In the meantime, new data shows that over all wages and salaries barely rose in march by 0. 3 . Its not the end of the wage debate energized by the book capital in the 21st century. His book was shot up to number one on amazon.