suzanne pratt. susie gharib is off tonight. this is "nightly business report" for monday, july 20. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. >> suzanne: good evening everyone. it's rare when a financial services stock surges nearly 80% in one day. but that was the case for c.i.t. group today on reports it has found a way back from the brink of bankruptcy. dow jones says c.i.t. bondholders have agreed to rescue the century old commercial finance firm with a $3-billion loan. much of the money will be available immediately. and c.i.t. reportedly would be able to restructure outside of a bankruptcy. c.i.t. lends to mostly small and mid-sized businesses. and funds itself by selling bonds. so when the credit markets froze, it was in trouble. the treasury department had been in talks with c.i.t. for a federal bailout. but that plan didn't materialize. so far, no comment from c.i.t. on the reports of a

: and i'm suzanne pratt. susie gharib is off tonight. this is "nightly business report" for tuesday, july 21. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. 7//& >> suzanne: good evening everyone. the federal reserve is not done yet helping to fix the u.s. economy, that is. that was chairman ben bernanke's message for congress today, saying the fed intends to keep interest rates low and credit easy for quote an extended period. bernanke said it's the right policy, even though the economy is showing quote tentative signs of stabilization. the chairman also reassured investors the central bank has an exit strategy ready to go once it's time to reverse its easy money policy. darren gersh explains. >> reporter: always cautious, the federal reserve is checking out the exits in case of an inflation emergency. a jump in prices would require the fed to unwind the $600 billion it has pumped into the economy. but chair

suzanne pratt. susie gharib is off tonight. this is "nightly business report" for tuesday, july 28. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. >> suzanne: good evening, everyone. the beaten down u.s. housing market may be showing signs of stabilization. the s&p-case shiller index of home prices rose half a percentage point in may from april. that's its first monthly increase since the summer of 2007. still, home prices were down 17% from a year ago. while a stabilization in home prices could help stem the foreclosure crisis, the white house says not enough borrowers are being helped by its $50 billion foreclosure prevention program. today, it called executives from 25 mortgage servicing firms to washington to find out why. as stephanie dhue reports, those servicers have now agreed to get busy modifying half a million loans in the next four months. >> reporter: the administration's foreclosure pr

suzanne pratt. susie gharib is off tonight. this is "nightly business report" for monday, july 27th. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. >> suzanne: good evening everyone. cooperation, not confrontation. that's how president obama sees the future of u.s., china relations. the president spoke as the two countries began two days of talks on economic and security issues. both nations are upbeat about global growth, pointing to signs the world is moving toward recovery. as darren gersh reports, the question is how to keep the world's largest economies headed in the same direction. >> reporter: it was chinese state councilor dai binguo who summed up the self-interest that brings the u.s. and china together in massive meetings like this. >> ( translated ): we are in the same big boat, that has been hit by fierce wind and huge waves. >> reporter: as massive economies, both countries are critical

thank you. >> suzanne: good eveng everyone. president obama willell the nation tonight that alth care reforms central to repairing the economy. if it fails, the predent warns yo insurance premiums and out of pocket costs wi skyrocket. health care reform is boggin down in congressand tonight's newsonference is part of an effort to get it back track. but as darren gersreports, the key answered question is still how to control cos. >> reporter: with negotiatns over healtcare reform in intensive care, house decrats like xavr becerra stressed the need to cut costs in a stem everyone agrs is inefficient. >> in a two and a ha trillion dollarystem, you should be able tfind the savin you need to pay for any reform.lth e do repter:ealth care experts do agree on where to find a chunk of those savgs. starting with medicare, whe more efficnt delivery of services cld save more roughly $120 billion a year. reducing the employetax inceive to offer health surance, some $250 billion a yearwould also save money by forcing businesses to ek out mo

suzanne: you will have to excuse us. we have appantly a fire-safety test here on the floo the new york stock exchange. just bear with us foa second. can ou? >>yes. >> suzanne: can yoexplain for me the paradox of a jobless recovery? how is it possible that you n stilbe having economy that's recoverinand all these people are stl losing jobs? >> eah. th actual job losse will begin to abate for lge sectors of the jomarket. in particularthe service sector. that'shere 90% of us wk -- nine outf 10 people work the and i expect that as th ression drawsto a close, is summer that we'll start to see jobs growth inhe services sector, and rtainly not job sses. the problem, really is in the manufacturg sector where out one out of 10 people work but we see ouized b lses. in the last 10 years, we've gone from 1 million manufturing bs to 12, so wve lost a third of our manufacturing jobs, and there never comingack so it's kind the tail wging the dog, as i were, and we'll probably have at this time around, o. >> sanne: would you expect that

research. >> paul: i'm paul kangas. >> suzanne: and i'm suzanne pratt. susie gharib is off tonight. this is nightly business report for wednesday, july 22. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. >> suzanne: good evening everyone. president obama will tell the nation tonight that health care reform is central to repairing the economy. if it fails, the president warns your insurance premiums and out of pocket costs will skyrocket. health care reform is bogging down in congress, and tonight's news conference is part of an effort to get it back on track. but as darren gersh reports, the key unanswered question is still how to control costs. >> reporter: with negotiations over health care reform in intensive care, house democrats like xavier becerra stressed the need to cut costs in a system everyone agrees is inefficient. >> in a two and a half trillion dollar system, you should be able to find the savings you need to pay for any reform. >> reporter: health care experts do agree

: and i'm suzanne pratt. susie gharib is off tonight. this is "nightly business report" for wednesday, july 29. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. >> suzanne: good evening everyone. investors are calling it "micro- hoo," a search and advertising deal between microsoft and yahoo. but they're also calling it a disappointment, and that sent yahoo's stock plunging 12% today. the problem is the limited scope of the agreement and the lack of cash going from microsoft's pockets to yahoo's. as scott gurvey explains, the deal teams up microsoft's "bing" search engine with yahoo's ad expertise to better fight the 800-pound gorilla of the internet. >> reporter: make no mistake, this deal is driven by google, which burst onto the scene ten years ago to knock yahoo! for a loop and become a thorn in microsoft's side. according to internet research firm comshare, yahoo! had nearly 20% of the primary search marke

i'm suzanne pratt. goodnight, everyone. and good night to u, paul. goodnigh suzanne. i'm pa kangas wishing l of you the best of good buys. ightly business report" is made possible by thisrogram was made possible by contributions tyour pbs statn from viewers like you. thank you. captioning sponsoredy wpbt captioneby media acce group at wgbh access.wgbh.org martha jane friedrich values her iependence. i alwa wanted to be my own bo. i started two home business which enable me to stay me and take care of aunt viinia. who's almost 99 ars old. martha jane's nerosity extends yond her family. life is more than work. le is a value. and i thk it's important for meo give to and at's why a gift to public . and if i can do a small thg to perpetuate this, thait will coinue for generations to come. that's why martha ne included her publicelevision station in her will. consid joining the community people who want public televisiono span generations. next time on "secrets ofhe dead"... history tells us the spani easilyonquered the mighty aztec this, of course, is a very rose-tinted vi

: and i'm suzanne pratt. susie gharib is off tonight. this is "nightly business report" for thursday, july 23. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. >> suzanne: good evening, everyone. microsoft turned in ugly numbers after the bell today. disappointing wall street and raising big questions about the stock market rally. the software giant earned 34 cents a share in its fiscal fourth quarter, two pennies shy of estimates, and off sharply from a year ago. but the revenue numbers were the most disappointing, coming in a $13.1 billion for the quarter. that's more than a billion short of expectations. joining us now is scott gurvey, our new york bureau chief and resident tech expert. scott, you've been on the microsoft conference call. what happened to the revenue numbers? >> the call is actually still going on. there's no denying that the revenue just simply falls off for microsoft in this quarter and fo

suzanne: that's "nightly business report" for monda july 27. i'm suzanne pratt goodnight, everyone. and good night to u too, paul. >> pl: and you as well, suzanne. i'm pa kangas wishing l of you the best of good buys. "nightly businesreport" is ma possible by: this program was made possib by contributns to your pbs station from viewers like yo thank you. captioning sponsed by wpbt captioned by media access group at bh access.wgborg

i'm suzanne pratt goodnight, everyone. and good night to yotoo, paul. >> pau and you as well, suzanne. i'm paulangas wishing alof you the best of good buys. "nightly business port" is madeossible by: is program was made possible by contributio to your pbs ation from viewers like you. thank you. captioning sponsor by wpbt captioned by media access group at wg access.wgbh.g jack eardley made his ling fifty feet off the gund. it was fun. was different. you're halfway scared, but atte jack was literally linkingpeopl. when i fst started, i s just supplying power forthe. annow it's so much more. the flow of powereally is the flow of formation. and publ tv is one of the best urces. it gives you a chancto learn something that you nev known before. it makes a better-educat public. guys like me laid the oundwork, and we want see it put to good use that's why jack included h public television statn in his will. consid joining the community people who want public

i'm suzanne att goodnight everyone and gd night to y too paul. paul: and you as well suzanne. i'm ul kangas wishing all of you the best of gd buys. "nightly busins report" is de possible by: is program was made possible contributions to your pbs station fr viewers like you. thank u. ptioning sponsored by wpbt captned by media access group at bh access.wgborg

: and i'm suzanne pratt. susie gharib is off tonight. this is "nightly business report" for friday, july 24. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> suzanne: good evening, everyone. protecting americans from another sub-prime mortgage mess or credit card abuses are major goals of the obama administration's plans for financial regulatory reform. and the white house wants to give that job to a new agency, one with strong enforcement and rule-making powers. today, it sent treasury secretary timothy geithner to capitol hill to sell lawmakers on a new consumer financial protection agency. but geithner ran into opposition from many of the people he works with every day. darren gersh explains. >> reporter: today's hearing was as much about power politics as regulatory reform, a fact noted with some amusement by the man who called the hearing, house financial services committee

you, too, suzanne. >> suzanne: you, too, jeff. i'm suzanne pratt. hope to see all of you monday evening. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org we are pbs. caption test caption test caption test caption test

thank you. >> suzanne: good ening everyone. president obama wi tell the nation tonight thahealth care refo is central to repairing the economy. if it fails, the psident warns ur insurance premiums and ou of pocket costs ll skyrocket. health care reform is boggg down in congre, and tonight's ne conference is part of an effort to get it bacon track. but as darren geh reports, the keunanswered question is still how to control sts. reporter: with negotiations over heah care reform in intensive care, house mocrats like xier becerra stressed the need to cut costs in aystem everyone aees is inefficient. >> in a two and a lf trillion doll system, you should be ableo find the savings you need to pay for any refo.er do agree on where h inre experts do agree on where to fina chunk of thoseavings. starting with medicarewhere more eicient delivery of servic could save more roughly $120 billion a year. reducing the empyer tax centive to offer health insurance, some $250 billi a ar, would also save money by forcing businesseso seek out more e

thank yo captioning sponsored by bt >> suzanne: go evening, everyo. protectingmericans from another sub-prime mortga mess or credit ca abuses are major goalof the obama administration plans for financl regulatory reform. and the whe house wants to give tt job to a new agency, one with strong enfoement and ruleaking powers. day, it sent treasury cretary timothy geithner to capitol hillo sell lawmakers on a new consumer financial protection agency. but geithneran into opposition from manof the people he works with every day. darr gersh explains. >> reporter: today'searing was as mh about power politics as regulatory reform, a facnoted with some amusement the man who caed the hearing, house financial servic committee chairm barney frank. frank opened by marveling the complaints he is heang from the tion's assorted financial regulators. >>hey can argue that taking the wers away from them may not make sense, cause the powers that ll be taken away from them are very good shape because they he rarely been us. >> reporter: whi is why barney frank and the obam

and those are the stoc in the news tonht, suzanne. >> suzanne: thks, jeff. medicare'selebrates its 44th birthday today. 1965 president lyndon johns signed medicare to law proving low-cost hospitalization anmedical insurance for the nation's seniors. now the ogram covers 44 llion people with a yearly dget of nearly half a trilli dollars. bujust 10% of medicare patien account for nearly two thirds of the program'cost. toght, stephanie dhue introduces us to a programhat cod slash medicare costs while improving care f the sickest patits. >> reporte with his medical baand blackberry, dr. eric jonge is heading out for a rari in modern medicine, a home visit. on a typal day, he visits about half a dozen patients. >>his driving time, is all unfued, so you have to have a fairly efficnt geography that you serve so you're not ending a lot of time behind t windshield. >> reporter: with us tagging along, he's going toisit tamah willia, an 83-year-old woman wi diabetes and hypertension, who can no longer lk. dr. dejonge wants help her reach her goal of gointo church. >> s

thank u. >> suzanne: myuest has been ford ceo alan mulally. >> suzanne: ading senate democrats are putting the brks on health care reform sayi they will not voten a bill before the augusrecess. senate majoritleader harry id says a vote in his chambe won't co until the fall. it's blow to president obama whwanted the house and senate to pass bis in the next week and get a final measure to h desk by the end the year. speaki in cleveland today, the president acknowledgedhe senate won't me his deadline. t he says that's okay and wants lawmakers to kp moving forward spite the delay. >> paul: n let's take a look at some stocks in the news tonight. >> paul: and tse are the stocks. >> suzanne: 's the middle of mmer. but storesre already pulling out all the stops to boo their back to school sales. is considered a major test for consumer snding, and an early edictor for the holiday season. as eka miller explains, the recessn has changed the rules for back to schoolhopping. >> oh,his one! actually, thisne! this o!" >> repter: while most kids are focused on vacation, or mp, five-year-ololivia anton is

suzanne? >> thank you, mary. >>> as we watch the video of jackson's final rehearsal, we are joined by a man who was helping jackson in those final hours. he was the vocal director for the tour that jackson was planning and he joins us now from los angeles. first of all, my condolences. i know you were intimately a part of this concert planning. and give us a sense, can you take us back to that last rehearsal, what that evening was like? >> well, suzanne, it is a very emotional time for all of us that were there on the stage with michael. and i have to say that everyone that -- the first thing people ask me, my friends who call and ask was michael sick, was he weak, was he ill, it's the absolute opposite of that. he was very energetic, he was happy. he was even more playful than he normally was as rehearsal. everybody in the band has ear monitors so we could hear michael talking through his microphone when he was backstage and changing clothes. and, you know, he was kidding around with his ward

suzanne, i don't think you're searing the pictures we're seeing. the president speaking outside to some of the folks there a little on the outside. i don't know if he'll make his way back in, but we're expecting the president to make some comments after he gets done with this tour in a second. making comments, expected to take may five minutes or so, but certainly waiting to hear from the president, suzanne. if you remember the point you were making, finish what you were saying. >> reporter: sure. there were many americans, african-americans who come here to this very point where the first family is to try to feel and make the connection with ancestry with this particular place in ghana, and to a larger extent to africa, because for many of us, we don't know exactly where our origins are in africa. so they make this journey. they either make it here to this cape coast, the castle here in ghana. i had, my parents have been to the very plates where the obamas are now. and fortunate enough to cover president clinton when he was at the goree island sen

i'm suzanne pratt. goodnight, everyone. and good night to u, paul. goodnigh suzanne. i'm pa kangas wishing l of you the best of good buys. ightly business report" is made possible by thisrogram was made possible by contributions tyour pbs statn from viewers like you. thank you. captioning sponsoredy wpbt captioneby media acce group at wgbh access.wgbh.org martha jane friedrich

good work over there, suzanne. thank you very much. >> anderson cooper conducted an interview with president obama in just the last hour or so. in fact it took place at the cape coast castle where the president and first family toured earlier. we are working on bringing in some of the sound. we'll turn it around for you as soon as it is in. in the meantime. we want to remind you we are going to have the president's departure when it comes up shortly. and the anderson cooper interview can be seen in its entirety during an anderson cooper ac 360 special on our show monday night at 10:00 p.m. eastern, really going to be a fascinating interview to look at. don't miss it. anderson cooper monday night. 10:00 p.m. it doesn't really get a lot of attention in general, this country of ghana. but today the whole world focused on it. and it is quite an edge kags for many of us. our josh levs here to tell us about the country and why president obama selected it. josh. >> education for me too, tom. really interesting to see what

that picture right there, that is suzanne on the phone working a deal. she was sheberry -- she was with berry gordy and without his shirt is lionel richie. >> that did a lot. tavis: are you getting phone calls? >> i spent most of my career telling ladies do not call me daddy. harlow came along and they started calling me grandpa. mine is you can call me daddy. in this case, this has done a great deal. here is suzanne and she says we want you to take your shirt and shoes off. this could be the make or breaking of a career. it came out fantastic. tavis: it is a beautiful issue. >> i fell in love with it. she is fast and knows what she wants. i was happy she left my pants on. annie will have you in some situations. tavis: let's talk about the director. >> this album, i have done a lot of albums. this particular album, we're trying to figure out how do we approach this? the ankle was simple. -- angle was simple. if i have to -- i do not have to provide can write a song. we have so many great writers. akon and these wonderful people who are involved and i say

malveaux, and obviously, suzanne, boy, things are happening. you know, we were wondering if the president's comments last night at the news conference might sort of jump-start the negotiations, max baucus there is the chair of the senate finance committee. and the work continues there. he is describing a lot of work. he had a lot of steps in the process still to come. in the meantime, the president is in cleveland today, and he is going to continue the drumbeat, isn't he? >> reporter: yeah, tony, not to disparage the process taking place on the hill. the president, really, he wants to show a different picture. he's going to be at the cleveland clinic. he's going to be with people. he's going to be talking about, in this town-hall meeting, real problems that people have with their health care system, talking about their illnesses. he's also going to be highlighting this clinic, saying, here's what i want to do here, i want to use this model, this model where you have physicians talking to each other in the same room, diagnosing together a patien

i'm joined again by white house correspondent suzanne malveaux. you know, i was struck earlier -- clarence paige telling our colleague wolf blitzer response to a question about why did the president need to make this speech? clarence page said he didn't. and pretty accurately forecast what he would say. what do you take away from the speech? >> well, in some ways it was very similar to the speech of president bush in 2006. i attended that one. in terms of the message itself. he did talk about the fact of personal responsibility was utmost important, that people's own destiny was in their hands. i think what was different about this, however, was the tone of the speech, the messenger who delivered this. obviously he has more familiarity with this audience, we heard kind of the cadence, the rhythm that we heard in the campaign that was very familiar -- >> a minister for a while. >> in some ways he did do that. because he does get into that cadence before predominantly black audiences, but he also, as well, was building a case for credibility here. i

suzanne, appreciate it. thank you. >>> we may hear this hour from senators working on a bipartisan health care plan. we are keeping an eye out for that. >>> just moments ago, house speaker nancy pelosi held a news conference focusing on the high cost of health care. she says reform will lead to improvements. >> consumers will have more choices, so they can find plans without waiting periods and high deductibles. there will be an annual limit on out-of-pocket expenses, and no lifetime limits on care. there will be no more co-pays or deductibles f s for preventive that can catch devastating illnesses in time. and if you change your job or lose your job or have a pre-existing medical condition, you cannot be denied coverage. >> okay. the mad rush for health care reform is running into speed bumps. and the noise on capitol hill is deafening. as you might expect, there is no shortage of blame for not getting the job done. our senior political correspondent, candy crowley, cuts -- hang on just a second. >>> senato

we're working under it. >> reporter: suzanne malveaux joining us live. why is the white house -- i've got a rationale in my own head but why is the white house pushing for quick passage of this legislation? >> reporter: they certainly hope they're not going to lose momentum here. there's this big push, this sense of urgency because they feel like the president has the political capital. he's got the hest. they need to put him out here to talk directly to the american people. if they don't, this go-round, they feel it's going to be much, much harder later on down the road especially when you have congressional midterm elections. the whole thing. this is something people don't necessarily have an appetite for. they want to make sure that, look, we're talking about it, debating about it. we've got some idea on this table. let's try to push this through as quickly as possible. >> if it were easy it would have been done by now. is the president showing any signs of flexibility on that august deadline, suzanne? >> reporter: that's an interesting question becau

as you mentioned, suzanne, she's almost 80. "a," the trust that's been set up by michael jackson may provide for assistance for katherine which would make things easier on her but you can't get away from that age issue. it's a bit of a question right now. if katherine gets custody she better lickety-split start working on her will to establish appropriate guardianship as well for the kids. >> would it not be diana ross automatically? >> not necessarily. that's the original will that michael provided for. once the guardianship switches to katherine, it's a bit of a question as to whether her will and her wishes for guardianship might take precedence over his original will, and that secondary guardianship. and p.s., we really don't know how much of a stable environment diana ross could provide or how much of an ongoing relationship she's had with those kids. it is a bit messy going forward. >> thank you for joining us here in "the situation room." >>> sarah palin is taking the political world by surprise for a second time. she an

suzanne malveaux traveling with the president. >> we're going to stay here. >> suzanne malveaux traveling with the president. great to see you as always. as the president continues his trip, cnn will be there every step of the way. on monday, an historic moment. america's first black president will visit africa. and anderson cooper will sit down exclusively one-on-one with president obama. you can see that interview monday night, 10:00 p.m. eastern time right here on cnn. >>> good morning, everybody. welcome to "american morning" for wednesday, july 8. welcome back. kiran, back from los angeles. >> good to be back. ten minutes from the top of the hour right now. here's on the agenda. the stories we're breaking down for you in the next 15 minutes. a shocking new report shows how vulnerable some of our federal buildings may be. major security lapses uncovered across the country. undercover agents got their security with everything they needed to make the bomb and to put the bomb together in a bathroom. jason carroll with a story and a wakeup call for the feds just ahead. >>> plus, on the at

our suzanne malveaux is at the white house. account president overcome this growing tide of skepticism? we'll talk with her about that. we also put that question to dr. sanjay gupta. he actually worked inside the last white house that tried to overhaul the health care system. and finally, arwa damon is looking at another big issue for the president today on his calendar. she is previewing his meeting with iraqi prime minister nuri al maliki. >>> we begin with the battle over health care reform. it could affect you and every other american. here's a quick look at where the debate stands right now. the obama white house has wanted complete passage of the overhaul by early august but that looks pretty unlikely. republicans are objecting to parts of the plan. there's even reluctance among some democrats in both houses now. they say the plan is too complex and too costly to rush. president obama has said that republicans who oppose the plan are putting politics ahead of progress. but a recent poll shows that more americans are havin

suzanne malveaux will have that for you. also, our pentagon correspondent barbara starr has the very latest on efforts to rescue a soldier taken by the taliban. we'll get to her in a moment. and also, from the war front now. an exclusive. destroying a lifeline for the militan militants. u.s. war planes bomb a poppy field. >>> washington has said they are among the most dangerous terrorists in the world. today, they are in limbo along with guantanimo bay prison that houses them. the white house says it will miss today's deadline in its promise to shut down the prison. the issue at hand, how to deal with detainees. >> this first executive order that we are signing in order to effect the appropriate disposition detained at guantanimo and promptly to close the detention facility at guantanimo consistent with the national security and foreign policy interest of the united states and interest of justice and i hereby order. >> so what happened? and what happens next? let's turn to white house correspondent suzanne malveaux for more

suzanne, there are some new poll numbers out this morning showing support for the president's handling of health care down. might this kind of shift be fuelling mr. obama's schedule for the week? >> reporter: well, heidi, you bring up a very good point, which is the reason why you're going to see the president out this week at the children's national medical center later this morning. also holding this prime time press conference wednesday because aides want to build on this momentum. they are afraid of losing steam, momentum, that's why they're pushing hard, stressing this sense of urgency here that they need to get this done. if it's a deadline or a goal by that august recess point, that's the reason why you're seeing this big, big push from the administration because if it doesn't happen soon, they feel like they're going to lose some of that momentum and it's not going to happen, heidi. >> thank you, suzanne. >>> and, in fact, cnn wednesday night at 7:00, the moment of truth with steve harvey live from time square. then at 8:00, the premiere of "black in america 2" part one. that w

reporting live from northwest washington, suzanne kennedy, abc 7 news. >>> senator roland burris said the burden of raising campaign funds is what is keeping him from running for a full term in 2010. today, he said that he has to choose between fund-raising and serving the people of illinois. the past three months, he has raced only about $845. he has been surrounded by controversy since rod blagojevich appointed him to take over president obama's vacant senate seat. >>> new disturbing details about the scheme to resell cemetery plots, including how much money the suspects made. >> this photograph of president obama is getting a lot of attention. the picture may not be worth a thousand words. >> we're looking at a beautiful evening across the washington area in the weather center, watching a cold front that will affect us late tomorrow. the forecast is coming up. p >>> new information tonight and the disturbing scheme to resell burial plots in illinois. the employees allegedly made about $300,000 in the scheme. hundred of bodies were un-on earth and discarded or reburied in mass grave

what is your reaction from it, suzanne? >> well, i thought it was interesting that he really -- this is a tough love speech that he delivered. he talked about good governance and mutual responsibility as part of a new kind of partnership with the united states. he said that africa's future is up to africans. now, there is -- there are some themes that we had heard before from president bush and president clinton who both visited ghana in the past, talking about the need for the ghanaian people to take more responsibility, but i think this message in particular has more credibility coming from this president. you talk to any number of ghanaians who refer to barack obama as their son, as a member of their family. they consider him one of their own. so he does carry a message that does have more weight and credibility. i think that the president is very much aware of that. the first line that got applause from this group was when he said, i have the blood of africa within me and he talks about the fact that he is really an exa

suzanne, ed, t.j.? >> yes, ed. >> the last time i had a beer in public was at washington wizard's game. we will have to interview somebody at the verizon center. >> suzanne, any suggestions? >> we want to be there when this all happens. >> we all want to share. >> sergeant crowly, if you are listening, what kind of beer do you drink? i say in light of boston, bring the guiness. >> sam adams. >> the bottom line, it was fascinating to watch the president step up to the mikes. it will be interesting to see where this discuss goes from here. hopefully, in the broader scheme of things, it will be a very positive conversation with race in america and, hey, black in america, part 2, our special documentary that's been airing this week, soledad o'brien doing a great job. meanwhile, that does it for us. rick sanchez takes it from here.

suzanne pratt reports, instors are watching for signs life, both in the aluminum instry and the basic materials sector. >> reporter: a hotummer and lots of thirsty people cou be aloca's best hope foa pickup in demand,s soda can makers wod need to stock up on aluminum. but experts y alcoa is unlikely to see acceletion in dema from other buyers of the tal, like carmakers or aircraft builds. that because the economy has yeto show significant signs of recovery. as a result, the's little expectation thaluminum giant's earnings will bu the stock market vertheless, s&p uity strategist alec young ys, when alcoa speaks, invests should listen >> when they give us fward guidance, people areoing to read intthat. there's a lot of intert in what ts recoverys going to look like,nd so there's going to be a lot ofuriosity. >> reporr: others say alcoa alsoears watching because it uld give clues about activit in the bas materials sector, which includ metals, chemicals and forest products. basic materials is a clical sector, meaning it often outperforms the oader market during the early part of an econom

suzanne prattakes a look. >> reporter: from gar to wind energy to gasoline priceand luxury ims-- you ne it-- it ems there's an e.t.f. for almost anythin that's rightthere's one for the gaming industry, too. exange traded funds, or e.t.f.s, are a basket of securities that ually mirror an iex, from well-known nchmarks to obscure measures many are first cousinso regur index mutual funds. but, lately investors ha been hungry for e.t.f.s mostl because of their transpancy, tax efficien and cheap price. they can also beought or sold anytime, a clear benefit in the cent bear market. strategic insight has been keeping tabsn e.t.f.s for more than a decade and co-fnder avi nachmany cdits mass appeal for the rapid growth . >> they satisfy a ry wide range of aiences, institutional investors,edge funds, financial advisors, mutual funds that tually invest a poron of their assets in e.t.f.s. >> reporter: the e.t.f. e is dominated by barclays global investors with its ishar, soon to bowned by blackrock. ste street global and vanguard slice upuch of the rest. that pie is getting taier. e.t.f.ssets sta