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Fix will involve tax hikes of some sort, and spending cuts as well. We spoke with economist dean baker from the center for economic and policy research, and economist Douglas Holtz eakin of the American Action forum. N. B. R. s Washington Bureau chief darren gersh began the discussion by asking baker what tighter federal policy will mean for the economy in the coming year. Insofar as we get austerity, we get tax increases, spending cuts, thats going to slow the economy. I anticipate a deal so we are dont see the full, you know, 500 billion tax increases 100 billion spending cuts but whatever w...

Fix will involve tax hikes of some sort, and spending cuts as well. We spoke with economist dean baker from the center for economic and policy research, and economist Douglas Holtz eakin of the American Action forum. N. B. R. s Washington Bureau chief darren gersh began the discussion by asking baker what tighter federal policy will mean for the economy in the coming year. Insofar as we get austerity, we get tax increases, spending cuts, thats going to slow the economy. I anticipate a deal so we are dont see the full, you know, 500 billion tax increases 100 billion spending cuts but whatever w...

That led to a powerful rally today, continuing the momentum from friday after that white house meeting between president obama, and congressional leaders. Stocks rallied right from the opening bell the dow surged 207 points, the nasdaq jumped nearly 63, and the s p 500 rose 27. Tom those hopes about a fiscal cliff deal may be good enough for Stock Traders today, but is the economy in a position to deal with whatever solution politicians may hammer out . Its expected that the fiscal fix will involve tax hikes of some sort, and spending cuts as well. We spoke with economist dean baker from the c...

Susie optimism was the word of the day here on wall street. Investors were feeling encouraged that fiscal cliff negotiations in washington are making progress. That led to a powerful rally today, continuing the momentum from friday after that white house meetingetweenredent obama, and congressional leaders. Stocks rallied right from the opening bell the dow surged 207 points, the nasdaq jumped nearly 63, and the s p 500 rose 27. Tom those hopes about a fiscal cliff deal may be good enough for Stock Traders today, but is the economy in a position to deal with whatever solution politicians may h...

Using tweets, it does not end well. Cant wait . Dont worry, Varney Company is about to begin. Headline of the day, Online Shopping, king. Bricks and Mortar Stores in retreat. Thats the take away from the fiveday Holiday Shopping weekend. While overall spending wag was down for the first time in seven years, half the people bought it online. The National Retail federation say sales accounted for 44 in total sales. And youd rather shop from your couch than in the stores, apparently. And another 131 Million People expected to shop online today. Socalled cyber monday. Theres the take away for the ...