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When your Central Bank Raises Interest Rates 6. 5 overnight to 17 , and your currency still continues to tumble. It would be tough for any country, but the russian industry is anemic, and at the same time the amount of money theyre making from something the world does want to buyoilis collapsing. Russians imported goods will zoom in price as the christmas and holidays approach, russians are flocking to buy consumer goods before the prices jump. Meanwhile the government is pushing down reserved trying to support the ruble. Now its look line the bad ol days in russian, the 1990s. Reporter the ru...

Project. Is it worth the 68 billion price tag . And portraits in music from Louie Armstrong to bob dylan and Janice Joplin the fe and work of art king hes using foms kill americans. Bombs to kill americans, three died in the Boston Marathon more than 62 were wounded. Today, Dzhokhar Tsarnaev came face to face with jurors who could decide his hate. More than 1,000 from the boston area are in the jury pool. Dzhokhar tsarnaevs attorney said it means he cant get a fair trial. Here is john terrett. Dzhokhar tsarnaevs defense attorney asked for the start of the trial to be delayed and moved away fro...

The new serious troubles under see seattle. We begin tonight with the price of oil and gasoline, both are down way down. Oil prices now at the lowest point in five years. Prices at the pump have dropped for 102 straight days. The longest streak ever. That could be a big drain on the global economy. A freefall with no end in sight. The cost of crude now below 50 a barrel. And u. S. Energy stocks took a hit. Oil is so cheap because theres a worldwide glut. It could wreak havoc and re regeopolitical lines of power. Iraq Oil Production is at its highest point since 1980 and in the United States ou...

We begin with Phil Mattingly and a developing story. The twitter side of the u. S. Military command has been taken over by hackers. It happened a few minutes after president obama finished speaking about cybersecurity today. It became clear the Central Command twitter account has been compromised by individuals or a group sympathetic to the Islamic State. Central command is responsible for all military activities in syria and iraq and afghanistan. Since that has occurred, the pentagon has suspended that account. A spokesperson said they are working to address the situation. A few minutes ago, ...

Different alarm. Often a critic, Rupert Murdoch takes a shot. Google with harsh tweets about privacy. Family dollar at center of a bidding war. Dollar general announcing an offer to buy rival discount retailer for 78. 50 a share in cash, total transaction valued 9. 7 billion, counters dollar trees 74. 50 a share, cash and stock bid. So much, jim for not everybody working in late august in the summer. Somebodys working here. This is interesting. This was what we first thought would happen. Exactly. Surprised that dollar wasnt involved because its a better fit. You can tell from the stocks react...