CBS Evening News for Tuesday, Mar 05, 2013
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(New York Stock Exchange: Anthony Mason) The record-setting rally in the stock market examined; the rise in home prices and American Express stock cited; graph shown. [Trader Ben WILLIS- says the world economy is getting better.] [February 26, Federal Reserve Board chairman Ben BERNANKE- says economic growth has picked up.] [Russell Investments Stephen WOOD- says it’s not strong enough to bring down unemployment.] Why companies are not hiring and whether the Federal Reserve Board will rethink raising interest rates discussed.
(Studio: Scott Pelley) The unemployment rate and the number of people on food stamps in 2007 and now compared.
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