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and this is an ipad for $69. the big mistake that had people thinking they had gotten the bargain of the year. i want to start with another apology today. this from rupert murdoch. responding to the hacking scandal from the u.k. what this shows you, this tape, it is murdock going into a meeting with the family of the murdered british teenager. it was that teenager's hacked voice mails that sparked the outrage into the scandal. listen. >> shame on you. shame on you. shame on you. shame on you. >> mr. murdoch, will you tell us what you said to the family? >> if you just keep silent f...

to be severe. welcome to "your money." i'm ali velshi. august 2nd is the day the treasury department says it will no longer be able to pay all of our nation's bills. and the united states will default on its debt. republicans are going to vote on their own plan this week, complete with spending cuts. but president obama says he won't support deep cuts without increases in taxes. >> if you're trying to get to $2.4 trillion without any revenue, then you are effectively gutting a whole bunch of domestic spending that is going to be too burdensome and is not going to be something that i ...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.