WASHINGTON— A weaker global economy— and a slowdown in China— will likely dampen some of the growth in air travel over the next two decades. The International Air Transport Association says the number of airline passengers is expected to double to 7 billion by 2034. That figure marks a decrease from a prior forecast of passengers totaling 7.4 billion in 2034,...» Read More
President Obama is in Hawaii on vacation, and Washington lawmakers are on holiday. CNBC's Hampton Pearson reports the latest on the stalemate in Washington on a deal to avert the fiscal cliff.
Discussing what's at stake for retailers this holiday season, with Lori Wachs, Cross Ledge Investments co-founder. "Things have been a bit choppy the last few weeks, so it's really been critical that these last few days come through," she says.
CNBC's Jane Wells reports from Glendale, California, for a check on last-minute shoppers.
Market predictions for the New Year, with CNBC's Steve Liesman and Larry McDonald, Newedge. "Short-term, the market upside in the next 30 days will depend on whether the President gives on the debt ceiling," explains McDonald.
Discussing the state of the U.S. markets amid concerns over reaching a fiscal cliff deal before its deadline, with CNBC's Rick Santelli and Scott Nations of NationsShares.
Discussing just how politically damaged Speaker Boehner is after failing to bring Plan B to a vote, and what kind of resolution could come on the fiscal cliff, with Ben White, Politico and Jason Trennert, Strategas Research Partners.
The verdict is still out on 2012's holiday shopping season, reports CNBC's Jane Wells.
Discussing the state of the markets, and the impact global liquidity is having on the economy, with Christopher Sheldon, The Dreyfus Corporation CIO.
Jason Trennert of Strategas Research Partners, explains why he thinks some U.S. stocks are headed towards a "nifty fifty" trend.
CNBC's Sharon Epperson reports the next decade is crucial for the U.S. in reaching energy independence; and discussing what investors can expect from energy prices in 2013, with Jason Gammel, Macquarie Securities.
Dana Telsey, CEO of the Telsey Advisory Group, assesses what retail trends in 2012 suggest for 2013's market. Jason Trennert, Strategas Research Partners, weighs in.
Former Italian Prime Minister Silvio Berlusconi says he will run for Italian PM if the party asks him to, and that he has been sentenced to four years in prison due to tax fraud, reports CNBC's Michelle Caruso-Cabrera.
How difficult could the first 6 months of 2013 be if the U.S. goes over the fiscal cliff? Jason Trennert, Strategas Research Partners, weighs in. "I didn't think there was a chance we would go over, until the last couple of days," he says.
Could the fiscal cliff negotiations get us anywhere before its January 1 deadline? Kiki McLean, Porter Novelli Democratic Strategist. and Tony Fratto, Hamilton Place Strategies, discuss when they think a resolution could come.
Discussing the state of tech around the world, and where it's headed, with Brian White of Topeka Capital Markets. "I think 2013 will not be a very robust environment, it will be very muted," he says.
Forecasting the market action for the holiday week ahead, with Yra Harris, Praxis Trading.
There has been a major selloff in municipal bonds the last 7-10 days, explains Alexandra Lebenthal, Lebenthal & Company president and CEO.
Can the Republicans recover from the fiscal cliff battle? Karen Finney, The Hill columnist and Katie Pavlich, TownHall.com, weigh in.
CNBC's Jackie DeAngelis takes a close look at the market action from this week, saying the financial sector was up more than 3 percent for the week. Also, discussing the market's reaction to fiscal cliff concerns, with Dan Greenhaus, BTIG; Karen Finney, The Hill columnist; and Katie Pavlich, TownHall.com.
In a heated "Street Signs" discussion, CNBC's Brian Sullivan argues that the danger to the economy posed by higher "fiscal cliff" tax rates is being overstated. John Harwood and Larry Kudlow respond it's not worth taking the risk when economic growth is already so tenuous.