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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...

Ceasefire between the two sides. Fox news now reporting therefore part in their demands. A truce will happen maybe never. The Prime Minister of turkey earlier today accused israel of being a terrorist state. President obama reportedly making nearly daily calls israeli Prime Minister benjamin s. Nonetanyahu meeting restraind while he demands israel meet his conditions. The president , mr. Obama, chosen this difficult moment to pivot to embark on a 48 visiting burma, thailand and cambodia turn the foreignpolicy from the atlantic and mediterranean to the other side of the pacific ocean. President...

Leading the effort to mediate a ceasefire between the two sides. Fox news now reporting therefore part in their demands. A truce will happen maybe never. The Prime Minister of turkey earlier today accused israel of being a terrorist state. President obama reportedly making nearly daily calls israeli Prime Minister benjamin s. Nonetanyahu meeting restraind while he demands israel meet his conditions. The president , mr. Obama, chosen this difficult moment to pit to embark on a 48 visiting burma, thailand and cambodia turn the foreignpolicy from the atlantic and mediterranean to the other side o...

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...