Stocks Surge on Fed Statement.
ROMANS: All right. Let's get an early start on your money this morning. U.S. stock futures are higher. Yesterday, stocks popped to the Federal Reserve's statement. The Dow ended up 227 points. The Fed Reserve dropped its promise to be patient when it comes to raising interest rates. The Fed chair, there she is, Janet Yellen, she stressed the central bank will not be impatient either, and a rate hike is unlikely at the next meeting in April. The Fed also lowered growth forecast, which could delay a rate hike even longer. Oil prices tanking again this morning. U.S. crude oil -- look at the chart, Berman -- down 3 percent, around $43 a barrel, $43 a barrel. That is near a six-year low. The supply glut is not going anywhere.</s>BERMAN: It's that little double dip at the end. It's got to be concerning for investors.</s>ROMANS: Yes, America's oil stockpiles keep climbing to historic levels. Cheap fuel, great for consumers, devastating for oil companies. More than 100,000 oil jobs around the world have been lost because of the decline in oil prices. A big win for Seattle workers. Local franchise owners challenge the city's plan to have the highest minimum wage in the country, saying they could put them out of business, raising the minimum would hurt those franchise owners. But guess what? A judge rejected that argument. Starting April 1st, workers will get at least $11 an hour. That will go up to 15 bucks an hour by 2017. Target also boosting employee wages. Workers will make at least $9 an hour at Target starting in April. It's following a trend, right? Wal-Mart did this earlier this year; Gap did it last year. You're seeing these companies raising wages in part because the job market is improving, turnover is an issue; they want to keep workers so they're realizing they have to pay - raise the pay.</s>BERMAN: Could be a good sign for the economy overall. EARLY START continues right now.