Lawmakers are expected to press yellen for a timetable when rates rise for making progress. Really to talk all things fed and the economy, we have Paul Macaulay joining us on set for two hours, starting at 7 00 eastern time. Then at 8 15 eastern time, we have senator Heidi Heitkamp. Also in our lineup, gard bernstein and larry kudlow. Both of them will testify today at a hearing. Andrew, ill send it over to you. Thank you, becky. Its nice to see were altogether, everybody. Were all back together. Lets talk about Corporate News this morning. The Justice Department reportedly investigating possible pricing coordination among Music Publishing companies. The wall street journal reporting that the doj is now reviewing decades old rules. Joe, are you a pandora user . No. Thats half of what this is about. Theres a view that sony some some of the other guys have gotten together and tried to make the price of music and i know you listen to all these songs on satellite radio and elsewhere. For n
Weren buffett. Hell be joining us with carol lumis. Lets get over to andrew, he has this mornings other top headlines. Good morning to you, becky. The Obama Administration saying that chinas currency remains significantly undervalued, but the u. S. Treasury department is now stopping short of labeling the worlds second biggest economy a currency manipulator. The white house is expected now to send the congress a multibilliondollar request on the recovery from Superstorm Sandy. The storm caused an estimated 71 billion in damages in new york and new jersey, and some congressional aides saying the request for funding would likely be at least 11 billion. The move comes as canada gets close to its decision on whether to approve the transaction. The Energy Companies say discussions with the committee are still in progress, and of course they had to file approval because they have extensive operations in the u. S. Gulf of mexico. The wall street journal reporting that virtue is emerging as th
Off with the fiscal cliff. The president meeting with more ceos today bringing his plan straight to the people culminating in an appearance in a factory later this week. Costco joins the dividend parting initiating a 7 a share payout on top of the regular dividend. And a shakeup at groupon. The board may be considering cofounder being released. Theres powerball fever. 500 million big ones in the pot. How would you spend the money and how does the fiscal cliff factor in . Well talk strategy with a former Lottery Winner. We begin with the fiscal cliff. This afternoon president obama is scheduled to meet with several Business Leaders including ceos of home depot, macys, caterpillar and at t but futures are falling with signs there are troubles with negotiations on capitol hill. A market credible deal to solve the cliff is key to economic growth. That annual growth idea, that prospect is real in my view if we actually did get a market credible 4 trillion plan. The markets would realize tho
Jon welcome to the daily show welcome to the daily show, my name is jon stewart. My guest tonight, Warren Buffett and financial journalist carol loomis. They are on the show tonight and tonight meeting for the first time on this show. laughter they wrote a book together, actually. As you know, if theres one thing all americans can agree on, we love black friday. Whether youre a fan of shopping or trampling. laughter which is why i was just i was so upset to see on this holiest of days a news story about people protesting in front of their local walmart. Thousands of walmart employees are staging walkouts and protests over this holiday weekend. The workers are upset about having to work on thanksgiving day and theyre also speaking out for better pay and benefits. Jon what . laughter you get to work at walmart on thanksgiving day laughter a ring side seat to the greatest show on earth. I its a black friday tradition. bleep . Ill stab one of you mother bleep audience reacts . Jon do you k
Captioning sponsored by Comedy Central jon welcome to the daily show welcome to the daily show, my name is jon stewart. My guest tonight, Warren Buffett and financial journalist carol loomis. They are on the show tonight and tonight meeting for the first time on this show. laughter they wrote a book together, actually. As you know, if theres one thing all americans can agree on, we love black friday. Whether youre a fan of shopping or trampling. laughter which is why i was just i was so upset to see on this holiest of days a news story about people protesting in front of their local walmart. Thousands of walmart employees are staging walkouts and protests over this holiday weekend. The workers are upset about having to work on thanksgiving day and theyre also speaking out for better pay and benefits. Jon what . laughter you get to work at walmart on thanksgiving day laughter a ring side seat to the greatest show on earth. I its a black friday tradition. bleep . Ill stab one of you moth