LATEST VIDEO
| | - Talking Numbers: Apple or JC Penney a Buy?
Shares of JC Penney are tumbling more than 4 percent today after a huge earnings miss, and Apple shares, though up today, entered bear market territory this week. Steve Cortes, Veracruz LLC founder and Enis Taner, RiskReversal.com, weigh in.
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- Compromise Framework? Tax 'Rates' vs. 'Revenue'
On "Power Lunch," CNBC Eamon Javers and John Harwood point out that the exact words President Obama and House Speaker Boehner are using when talking about taxing the rich may be the key to a 'fiscal cliff' compromise.
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- Obama: I Refuse to Accept Any Approach That Isn't Balanced
President Obama speaks on the first steps he is taking to address the fiscal cliff. "I am open to compromise, am committed to solving our fiscal challenges, but I refuse to accept any approach that isn't balanced," he says.
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- Cashin on Rates & Revenues
Art Cashin, UBS, offers insight on House Speaker John Boehner and President Obama's tones, and the nuances involved in each politician's remarks. The market is heavily oversold and entitled to a bounce, he says. But Europe will likely continue to be a concern over the weekend.
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- Whitney Tilson on the Fiscal Cliff
Discussing whether we can count on Congress to broker a fiscal compromise, with Whitney Tilson, T2 Partners founder, and Anthony Scaramucci, SkyBridge Capital. "I think the fiscal cliff is a forcing mechanism that's going to cause both parties to touch their third rails," Tilson says.
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