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On the other hand, going over the cliff might mean a recession. On top of that, worries about a deal were already causing trouble. Uncertainty about how the fiscal cliff, the raising of the debt limit, and the longerterm budget situation will be addressed appears already to be affecting private spending and investment decisions, and may be contributing to an increased sense of caution in financial markets. Susie wall street and Business Leaders were pleased that bernanke was talking tough. And they said the feds role in the fiscal cliff negotiations is to communicate. Tell the world and the in...

New york city today to send a tough message back to washington get your act together. He urged lawmakers and the white house to reach a quick deal to avoid the fiscal cliff, saying it might mean next year could be a very good one for the economy. Ben bernanke didnt endorse any specific tax or spending policies to solve the fiscal cliff, but he urged lawmakers to think creatively. He said an agreement on ways to reduce longterm federal budget deficits could remove road blocks to growth. On the other hand, going over the cliff might mean a recession. On top of that, worries about a deal were alr...

On the other hand, going over the cliff might mean a recession. On top of that, worries about a deal were already causing trouble. Uncertainty about how the fiscal cliff, the raising of the debt limit, and the longerterm budget situation will be addressed appears already to be affecting private spending and investment decisions, and may be contributing to an increased sense of caution in financial markets. Susie wall street and Business Leaders were pleased that bernanke was talking tough. And they said the feds role in the fiscal cliff negotiations is to communicate. Tell the world and the in...

Little bit of white house exploits. Lets get headlines from olivia sterns. After the close of u. S. Trading, jcpenney, the struggling retailer posted its first quarterly profit in more than two years and shares rallied in afterhours trades. Retailers return to discounting at last. The income was 35 million in the quarter compared to a loss of 552 million a year earlier. A little bit better numbers from jcpenney but coming off of a very low comparative figure. Tesla out with details on its socalled giga factory plants. This could help to drive down the battery packs. They hope to make investmen...

Place at the Ronald Reagan building. We spoke with senator mark warner. Tony hawk will talk about the olympic sports and maybe a little bit of white house exploits. Lets get headlines from olivia sterns. Close of u. S. Trading, jcpenney, the struggling retailer posted its first quarterly profit in more than two years and shares rallied in afterhours trades. Retailers return to discounting at last. Was 35 million in the quarter compared to a loss year earlier. N a a little bit better numbers from jcpenney but coming off of a very low comparative figure. Tesla out with details on its socalled gi...