Reputation is outrageous. I knee people dont come to spontaneous demonstrations with rockets and mortars for the president of the United States for two weeks afterwards to deny that was the case, is either a coverup or it is incompetence. Ahead this hour, one of the republicans calling for a wider probe, New Hampshire senator kelly ayotte. And whats going on with the generals . Leon panetta orders ethics review. The fbi agent, hes the guy who brought down the millennium bomber. Taking out the military leader of hamas and fire from the gaza strip. Israel will continue to take whatever action is necessary to defend our people. Well talk to michael oren, israels ambassador to the United States. And president obama at this hour in Staten Island to hear from storm victims. Plus, say cheese. New members of congress pose for their class photo. Perhaps the last time theyll look this happy. Good day. Im Andrea Mitchell live in new york. As the nation learns about the key players and the controv
Exchange , mark, gene and our own rick santelli. Art, let me start with you. Is this a rise above rally . Does it look like we might get a deal . Weve been rising above the levels weve been at. No question about that. Traders felt reassured coming in this morning. Washington is a ghost town. The president s out of country those are good things. Congress is not coming back until next week. No one will go before the cameras and jeopardize the cliff. The only file you have to run is the kumbiya moment after the meeting. They said nothing across the pond will hurt us, lets buy here. No sense of urgency right now. Does the market feed off that . Is that whats going on here . I continue to look at the treasury market. You can look at a chart overlaid with the stock market. We were following themmer earlier, especially with the opening you describe, then it started to fall off. Treasury market seems unimpress unimpressed. Im in agreement with art, which is a good thing because art is mostly r
To 2 here as we await a big week in europe as well. We start with the markets. New optimism about the cliff. President obama in myanmar saying hes confident the fiscal situation will be dealt with hours after he hit the phones calling top ceos. Lowes shares on better than expected earnings. The results renewing hopes this morning about the housing recovery. International pressure mounts for israel and gaza to agree to a ceasefire after a weekend of air strikes leave a dozen dead and hundreds injured. Brent continues to climb with gold going higher. The president and congress will strike a deal to restore the fiscal cliff. Over the weekend in asia, the president said hes confident we can get the fiscal situation confident and reached out to ceos including tim cook, Warren Buffett and jamie dimon. After top house and Senate Leaders say fridays meeting was constructive. We see headlines that may bring news to other companies. Intel ceo Paul Otellini to retire. During this period where a l
Battle hamas militants across the border. For the past five days israel and hamas have fired rockets and bombed one another. Israeli hair strikes have taken a heavy toll on civilians in gaza and so have hamas rockets hitting southern israel. There is, though, a hope for a slivg sliver of peace. Theyre trying to broker a ceasefire. This is what life is like for civilians on both sides. In israel they run for cover when those sirens sound. Each siren is followed by an explosion. Israeli Prime Minister Benjamin Netanyahu spoke a short time ago. Heres what he had to say. Reporter the Israel Defense forces have attacked more than 1,000 terror targets in the zba za strip and it continues at this very minute. It calls for significant blows to israel and its operators who send them. Were exacting it and Israel Defense forces are prepared for a significant expansion of the operation. And in gaza the streets are relatively quiet. Thats because people are afraid to go out for fear that another is
Look weak. Walmart may have protesters outside its doors on friday. Deer misses earnings, and the market shrugs it off. Turmoil in israel with a bomb explosion on board a bus today and a rumored ceasefire that never happened. Crude is up 1 as the secretary of state has arrived in cairo. A big day full of planes, trains and automobiles with tens of millions of americans set to embark on their Holiday Weekend journeys. Our phil lebeau is in chicago with more on the Holiday Travel landscape. How painful is it going to be . You know, carl f youre traveling, you always need a little more patience thanksgiving weekend. For the airlines, theyre keeping their fingers crossed because if you look at a map of the United States, you really dont see any major storm systems. That means if its a smooth weekend, you talked about this being important to the profitability of fourth quarter, thats certainly good news for the airlines. Take a look at the number of people who will be traveling this thanksg