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Economy: Stock Market #1045433

CBS Evening News for Tuesday, Mar 05, 2013
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(Studio: Scott Pelley) The all-time high for the stock market cited; graph shown.

(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.

Reporter(s):
Pelley, Scott;
Mason, Anthony
Duration:
00:03:40

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