Markets and futures rising ahead of todays fed decision. Cpi just out. As we said, the biggest drop for Consumer Prices in six years. Fedex is out with disappointing earnings. The stock is losing ground in the premarket. More leaked sony emails as the new York Premiere of the interview is canceled. Theaters cancel runs altogether. And an exclusive interview with the chairman and ceo of General Electric, jeffrey immelt, as General Electric wraps up its investor meeting from yesterday. All right. Futures pointing higher this morning. Oil prices falling. All ahead of the fed Statement Due out this afternoon as policymakers wrap up their twoday meeting. Joining us this morning, wells fargo Senior Adviser scott wren and eric la salle. Scott, how are you feeling . There was some general chatter yesterday that it felt a limit bottomish and hedge funds were beginning to come off the short Energy Trades and do a little more buying. What are you seeing where you are . I think, carl, it probably
Brown the final weekend has now arrived before the fiscal cliff hits on new years day and with it, more than 600 million in tax hikes and spending cuts. In a last bid for a deal, president obama stated his terms facetoface to Top Republicans and democrats. Congressional leaders arrive ted white house this afternoon for their first Group Meeting with the president since november 16th. Vice President Biden and treasury secretary Timothy Geithner also attend. But there was little to suggest the makings of an 11th hour bargain. A source familiar with the meeting told the newshour its president is sticking with his offer from last friday. It included keeping the bush era tax break force the middle class but raising tax rates on incomes over 250,000 dollars a year. President also wants to extend Unemployment Benefits for some 2 million americans who will lose them in the new year. And a proposal would delay any spending cuts. The president asked for an up or down vote on his plan unless ther
Point remains finding something that can make it through the house with enough support from republicans. It seems like the 250 threshold that the president proposed previously is unlikely to pass the house in its current form, and so without some sort of additional compromise there, it seems unlikely that were going to get something done before the end of the year. Susie you know thanks for that report. I am just wondering from all of the reporting you have done, do you think we are better off with a bad deal than no deal at all . You know susie when peopletal they are talking about a bad deal in political terms. Frankly its republicans that are most worried about the bad deal they have most leverage. The president has the most leverage. They are worried about a bad deal. Any deal that gets us past the fiscal cliff is going to be seen as a good deal. Susie it seems like we are further apart than last week when president obama gave the last minute pep talk to get the talks going. Do we
Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose master ricardo muti is here, one of the worlds great conductors. He has lead some of the best orchestras including the Vienna Philharmonic, he is currently music director of the chicago symphony orchestra, critics and audiences alike have been dazzled and charmed by the intensity, the technique, the emotion that he and his musicians bring. Here is a look at a performance of verdis requiem. When you look at the journey of your life, from the violin, piano, goesing, conducting, is that the perfect sign of flow for someone who wants to lead a great orchestra . First i didnt want to be a musician. So the first quality, i mean the first, if you dont want something and you get it. And but i studied very seriously but fortunately. Rose what did you want to be, do. First my father was a medical doctor. We are five brothers. And he wanted one to be a doctor, one to be an architect, one to m
Point remains finding something that can make it through the house with enough support from republicans. It seems like the 250 threshold that the president proposed previously is unlikely to pass the house in its current form, and so without some sort of additional compromise there, it seems unlikely that were going to get something done before the end of the year. Susie you know thanks for that report. I am just wondering from all of the reporting you have done, do you think we are better off with a bad deal than no deal at all . You know susie when peopletal they are talking about a bad deal in political terms. Frankly its republicans that are most worried about the bad deal they have most leverage. The president has the most leverage. They are worried about a bad deal. Any deal that gets us past the fiscal cliff is going to be seen as a good deal. Susie it seems like we are further apart than last week when president obama gave the last minute pep talk to get the talks going. Do we