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Total deadlock in the fiscal cliff negotiations. President obama is expected to make a statement on where things stand at any moment here. And with a preview we have fox businesses peter barnes. He is at the white house. Peter what do we expect to hear . Well, melissa, right now the president is finishing up on meeting with Senate Democratic leader harry reid who came down here to try to talk with the president with some strategy moving forward to avert the fiscal cliff. We expect the president to say that he still wants to get a deal with republicans to do that. That is still going to be time. However, that they will have to do it after the christmass3 holiday. The president plans, is planning to go to hawaii for christmas with his family. Speaker boehner has left town. Gone back to ohio. For the holiday. The senate is expected to come back on, on december 27th, the thursday next week, which is the earliest that they would be ....
Down, get the number of pele on these lines that you are looking at up. How ishat going to work. I am Cheryl Casone and welcome to cashin in. Joining u is trace yejohn and ristian dorsey. Welcome to allf you. Tracey, benefits the best form of stimulus, really, you agree with that . The only thing that jobless stimulus benefit is apathy it is it easier to stay at home and collect a check than work at mcdonalds. We are so lazy these days, take 99 weeks was a freebey. We saw it with the hostess union guys. We rather take unemployment than take consessions. Wayne, the benefits are so crucial we should extend them and not keep them in place but give more of a han out to the unemployment for the reasons of saving the economy. I have a better idea. Have everybody stand on the corner with a bag of cash. It is idiotic and nancy pelosi, she is a econist. That is it a guy who drives the car by looking in the rear view mirror and goes around a ....
Down, get the number of people on these lines that you are looking at up. How is that going to work. I am Cheryl Casone and welcome to cashin i. Joining us is trace yejohn and christian dorsey. Welcome to all of you. Tracey, benefits the best form of stimulus, really, you agree with that . The only thing that jobss stimulus benefit i apathyt is it easier to stay at home and collect a check than work at mcdonalds. We are so lazy these days, take 99 weeks was a freebey. We saw it with the hoess union guys. We rather take unemployment than take consessions. Wayne, the benefits areo crucial we should extend them and not keephem in pce but giveore of aand out to the unemployment for the reasons of saving the economy. I have a better idea. Have everybody stand on the coer with a bag of cash. Its idiotic and nancy pelosi, she is a econist. That is it a guy who drives the car by looking in the rear view mirror and goe around and seriouslyh ....
Total deadlock in the fiscal cliff negotiations. President obama is expected to make a statement on where things stand at any moment here. And with a preview we have fox businesses peter barnes. He is at the white house. Peter what do we expect to hear . Well, melissa, right now the president is finishing up on meeting with sete democratic leader harryeid who came down here to try to talk with the president with some strategy moving forward to avert the fiscal cliff. We expect the president to say that he still wants to get a deal with republicans to do that. That is still going to be time. However, that they will have to do it after the christmass3 holiday. The president plans, is planning to go to hawaii for christmas with his family. Speaker boehner has left town. Gone back to ohio. For the holiday. The senate is expected to come back on, on december 27th, the thursday next week, which is the earlit that they would be expected to get back to work on this. Melissa . Melissa peter, wh ....
All this hour, that and more on markets now. Connell thanks for joining us on markets now. Good to have you with us to bring you through this hour. We get things started with the market coverage with the dow to the upside. Well talk about the obamacare deadline, one of todays big stories in a moment. We begin on the floor of the new york stock exchange. Records being set all over the place. Nicole petallides there so cover it for us. No doubt, connell, records all over the place, a great way to sum up the market. Up arrows across the board. So many winners to speak of. Last week on wall street the dow gained 465 points. That was a gain of 3 . Our biggest week since early january of this year. Were marking some new highs here today. The dow right now is 16,295. Were up 24 on the dow. Nasdaq also running hot. Of course as we set the new records for the dow, nasdaq and s p today, were watching apple closely on this china mobile deal. This now gives them access to 750 million subscribers. ....