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Care about that, now focusing on the tensions in the middle east and northern africa. we're almost at the lows of the day, down 1.5%. the nasdaq is off about 2.5%, the biggest downed market sector is being played out in the financials and airline sector. the airline sector obviously concerned about the rising price of gas and oil. martin? >> we are all worried about that. thanks very much for the update. robert bob was brought in to fix zroid schools but the school system is in so much debt that the solution now is closing half of the city's public schools. that translates to jobs lost and b...

Town or city, many cities and towns, of course, red ink right now, just flat out broke. these are the top five city with the biggest budget deficits. number one, new york city. estimates $2 billion in a budget deficit. followed by d.c., chicago, l.a. and san francisco. >> number 13 on the list, camden, new jersey, we've talked about this week, one of the most dangerous cities in the u.s. and this week nearly half the police force had to turn in their badges because of a multimillion-dollar budget gap. also in ohio, because of that state's deficit, one lawmaker introducing legislation that woul...

Passengers stuck on the ground. >> they're saying there is nothing we can do and i say, that's hogwash. fly to detroit, fly here, it's already going to cost us two days of travel, if not three. >> shannon: the airline will refund fares and add a $100 credit to future flights. the ceo says no agreement has been set. a letter sent to -- more on what's in that letter. >> in that letter, the president is pushing congressional leaders to approve more assistance for states and cities. the president says the money is critical to prevent the layoffs of teachers, firefighters and police officers and ...

From the perspective of a teacher, i can't imagine trying to teach -- we already have classroom sizes as large as 30, 35 to 1. with 45 to 1, 50 to 1, i'm not really sure what more you can do is sadly pass out worksheets and hope that the kids cooperate. another thing, i'm also the head wrestling coach at the school that i teach at. as soon as my wrestlers found out, they were sad, they were frustrated. they didn't know why this was happening. many of them, in fact, told me, that if i'm not going to be the coach next year, they are not going to continue wrestling. so extracurriculars will be af...

Make your case here. why are you at today's protests? nyu as i understand is a private university, correct? >> it is a private university, but like a lot of the public universities, our tuition is also getting increased. our tuition gets increased an average of 6% every year which is above the rate of inflation but lots of our students attend on federally funded grants and loans so the broader national education cuts definitely affect us. >> claire, tell us what some of your friends in private school, at nyu, other schools and some of the public universities, what are they saying about the tui...