CNBC's Simon Hobbs reports Hilton will price its IPO at $20 per share, and is looking at a "modest" increase in number of shares it sells.
CNBC's Jane Wells reads the fine print of the Congressional Budget Office report and reveals the CBO broke the country into five tiers of wage earners. The top 20 percent pay nearly 93 percent of all income taxes, according to the report. At the same time, their incomes are growing far faster than everyone else.
Congressional negotiators have reached a bipartisan budget compromise. CNBC's John Harwood and Maya MacGuineas, head of the campaign to fix the debt, discuss if the far left and far right of each party will sign off on the deal.
Stephen Schwartz, Chief Economist for Asia at BBVA, says that risky assets could see a bout of volatility when tapering happens.
Paul Trainor, Senior Portfolio Manager at Macquarie Private Portfolio Management says investors should be careful before jumping into the stock, despite a 30% fall over the past two days.
Marty Mosby, Banking Analyst at Guggenheim Partners, tells CNBC's Cash Flow that the Volcker Rule has already been priced into banking stocks and interest rates.
Jose Vinals, director of the Monetary and Capital Markets department at the IMF, stresses that while Europe has started to recover, more needs to be done on fiscal policy and banking regulations.
Morten E. Astrup, founding partner at Storm Capital Management, explains that the Norwegian high-yield market is outperforming its U.S. counterpart and should continue to do so for another couple years.
Marcus Ashworth, head of fixed income at Espirito Santo Investment Bank, says that while Italy's Prime Minister Letta is in a strong position, there will be "constant scares" as the economy remains a real problem.