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Monopolies whos in control . With the help of our economic analyst richard gill well find out on this edition of economics usa. Im david schoumacher. We like to think of our economy as one that runs on competition. For instance, we can choose the brand ofasoline we buy. If one station sets its prices too high thene can simplygo across the stet for a lower price. If enough drivers pass the highprice station by, sooner or later it goes out of business. Of course, if in order to attract business a station sets its prices too low and cant cover costs, sooner or later itll go out of business, too. ...

Likely added 193,000 private jobs last month. And then the Big Government jobs report out on friday. Sara, thanks. In Corporate News, a number of legal headlines out of the Financial Sector this morning, jpmorgan agreeing to pay 614 million in the mortgage fraud case. The late nest a string of legal claims against the bank. As part of the settlement, jpm admitted it defrauded federal agencies by underwriting mortgage loans. At issue, thousands of insured loans that were not eligible for insurance by the fha or department of veteran affairs. Morgan stanley will pay 1. 25 billion to resolve the ...

The roadmap begins with the markets looking to recover after logging their worst february start since 1982 for the dow and for the s p. Michael kors trounces estimates while jcpenney reports its first quarterly samestore beat in years. The parent of kfc, pizza hut and taco bell adds its recovering from the lingering fallout of food safety concerns in china. And apple is reported lie by the wall street journal and quietly laying the groundwork for a vast internet infrastructure capable of delivering a lot of data and content to consumer. The dow tumbled 326 yesterday and growing concerns of a w...

A pittsburg home has bullet holes in it this morning. Thats a live look at what became a crime scene overnight. Alex savidge has been talking to neighbors about a double shooting. Well have more on that story coming up in just a few minutes. Welcome. Im tori campbell. Im dave clark. Lets talk about weather and traffic. Steve is right over there. We have a lot of cloud cover over us. It will be a chilly, chilly day. Its a cold morning. A lot of 30s here. With the cloud cover coming in, i think this will be slow to bounce off the morning lows. A cold pattern coming out of the northwest. So far n...

Connell were back together. This is really, really exciting. You barely spoke to me all morning. Wouldnt make eye contact with me. Connell making it up for now. Not forcing eye contact. Look at camera. Dagen sane happiness. Connell very much. Dagen good morning, everybody. This is no laughing matter because for most of the country it is brutally cold outside and temperatures are dangerously low. Connell yes. You take a look at this, many in the Science Community blaming the cold on the polar vortex on this nasa image. Split two stormlike images. One going into the continental United States. Th...