S p up 13 of the past 15 sessions. We do have a fed decision this afternoon. Even initial reviews of the apple ipad air. As we monitor the hearing this morning in washington, lets get to jim. First, broad markets, weve not had a run look weve had this month in a long time. Whether youre larry fink or others, people asking serious questions about when in ends and how it ends. You keep thinking it should end and then General Motors comes out with a quarter that says, hey, listen, were back, too. You keep thinking it will end and then i sit back and listen to some of these Conference Calls and various industries. Buffalo wild wings. You can say theyre small potatoes but theyre blowing the number away. Gilead last night, a remarkable quarter. I keep getting stunned by the facts, even though the thesis should be were too far too fast, the facts keep baring out the rally. Not to mention the fed is not likely to taper any time soon, lets say. There are those like fink who are saying maybe wer
Few minutes for up to the minute details on that and why its not ealing a blow to the u. S. Economy. First, stocks, as we do every 15 minutes, going to the floor. New york Stock Exchange. Lauren is there watching it. Any indication from the investors and traders about a deal . Are they telling you if they have an inside scoop . They do not have an inside scoop, but theres con play sen sigh, and stocks stuck in the range, down half a percent for the broader market, down for five days in a row waiting, two hours from now, to hear somebody in washington Say Something about fiscal cliff, and then well move on that news, but traders are saying if we get a deal done, well see the market take off. We have not seen a santa claus rally this december, unfortunately, and, in fact, the nasdaq lower. Stocks lower, by the way. Heres the New York Stock Exchange, three stocks trading down for every one trading up. Another thing trading up a the vix index. Its 20. 18. The vix has traded below the two d
We will also be checking in from the media watch segment. Lets say hello once again. A debt proposal rejected from the house of representatives. Two days before the u. S. Might run out of money to pay its bills. Talks with world powers on the Nuclear Program. A strong earthquake strikes the central philippines. First to the u. S. Where the house of representatives are questioning plans to prevent a default on american debt. The white house has rejected the house proposal calling it a partisan attempt to appease a small group of tea party conservatives. It said a deal is far from being struck. Here is our Business Editor with more. You have the republican and Democratic Senators actually agreeing on a plan. It would see the debt ceiling raised until february and see the government funded until mid january which would end the u. S. Pgovernment shutdown. They are working on a completely different flan and are still trying to tie this tax closely related to obamacare to the raising of the
And by bloomberg, a provider of multimedia news and Information Services worldwide. From our captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose tonight we close the year by remembering some of the people we lost in 2013. These men and women lead lives of purpose and consequence. They enriched our culture through their inventions, their art and their enterprise. All of them left an impact on the world that we live. Many appeared on this program over the last 22 years and heres a look back at some of those conversations. It was clearly time to take care of the rest of life. Rose yeah, right. So i and my family were immediately moving to paris. Rose you owed family big time. Big time. Rose that year, that book as i remember six years in the making, was it. It was. Rose so you moved to paris and do what . Well, do exactly what you hadnt been doing. Pay attention to the rest of life and dont dont think about politics. And dont worry abo
World. But could the energy boom end in a bust . All that and more tonight on nightly Business Report for monday, october 21st. Good evening, everyone. President obama saying today its going to get fixed. He spoke out for the first time about the botched rollout of his administrations Online Health insurance exchanges that started three weeks ago. Surrounding himself at the who us with people who have successfully signed up for the new Health Care Plans the president vowed to get the glitches repaired. Its a big fixerupper. Thousands of americans are still unable to sign up for a new Insurance Plan because of lost information, long waits and error messages. So can the problems be fixed . And will enough americans be able to sign up for the new plan . Bertha coombs joins us now with more. Bertha, first time that the president s saying this is a mess. Really, it is. Its a very big shift in tone from what weve heard the last couple of weeks. President obama defended his Signature Health p