the u.s. economy grew at a solid % rate from july to sit member -- september. inthe growth was located increased intellectual property holdings and other sources. i am encouraged on the pickup and momentum. a lot of growth was located in inventories. that is something that is not sustainable. in the current quarter, we will acceleration of overall spending for households. especially upper income households. we begin to see a bit of a drawdown in the current quarter. with two percent growth in this quarter. we are on sounder footing when it comes to growth. in 2014 for chance the economy to finally grow at the trend. at the full productive capacity, 2.5%. about 1.3 million americans will benefitsr unemployment . what will this mean for the jobless rate? 1.3 million will fall off the rolls -- we will see the unemployment rate declined for 0.2%. -- 0.3%. --t creates a policy program problem for the fed. the federal reserve will reduce the threshold to six percent. as they move away from qad, this will be their primary tool. this is bad policy. this is not somethin

the u.s. economy is growing, but so is the income gap between the rich and the poor. president obama will talk about how to change that and other aspects of the economy when he speaks at a washington think tank in just a few minutes. vice president joe biden is meeting with chinese leaders in beijing but they didn't make any public comments over a dispute over a small group of islands in the east chai sea. >>> a senior leader of hezbollah is gunned down outside of his home in beirut. and they a blaming israel. israel is denying the accusations. >>> cigna announced it will no longer hire people who test positive for tobacco use. >> reporter: it is one of the leading insurance companies on the planet. and today the company announced its changing its hiring policy, effectively telling future employees you cannot work for us, if you smoke, chew tobacco or even use e-cigarettes. on tuesday the company announced starting january 1st, 2014, all perspective employees will not only be tested for drug use but also nicotine use. >> a nationwide company is going to have to taylor

in november the u.s. economy added 203,000 new jobs. that's coming off revised figures for september and october that show that we've added 200,000 new jobs a month since the summer. so far the economy is up 2.1 million jobs this year. 2013 is likely to be the best year for job creation since 2005. we're going to get to the december numbers on january 10th. we also got a pleasant jolt this month when we unwrap the job openings report put out by the labor department, 3.9 job openings, openings. that's a jump compared to the same month last year. now this suggests that u.s. employers after years of caution are finally in a mood to expand. looking ahead manpower group recruiting firm that conducts a quarterly survey said employer optimism has pushed it's net employment outlook to the highest level in five years. 17% of employers say they intend to hire more staff in the first three months of 2014. another 7% say they plan to reduce staff. others say they intend to keep their staff level flat but the biggest hiring gains will be seen at the

the u.s. economy added more than 200,000 jobs in november. the unemployment rate is now 7%. it's lowest point in five years. the southwestern united states is being battered by heavy, wintery weather. decides freezing rain a thunder and lightning storm could sweep across texas, arkansas, and oklahoma. france is putting more boots on the ground to help stop the violence in africa. african heads of state are meet in france to talk about the situation. but as jackry roland reports the day began with thoughts on the passing of nelson mandela. >> the president opened the meeting with a moment of silence in honor of mandela. and then went on to outline the meeting, in particular the situation the central african republic. he also said other key issues were trafficking and also terrorism, a problem which he said affected many countries on the continent. the summit continue on saturday. with six word powers to work out the details of a deal aimed at it will allow the easing of some sanctions against tehran. israel has vehemently voiced its opposition to the deal saying iran cannot b

in november, the u.s. economy added 203,000 net new jobs. that is coming off revised figures that now prove we've added almost 200,000 new jobs a month since the summer. so far, the economy is up 2.1 million jobs this clear. 2013 is likely to be the best year for hiring since 2005. now, all those new jobs tarting to make a real dent in the unemployment rate. it fell to 7% in november, a drop of .3 from october and lowest in five years. that's great news. you know what? ignore this and focus instead on the number of jobs added every month. in this case, 203,000 jobs. i want you to pay attention to this number. labor force participation, 63%. that is bumped upward from october when participation had fallen to its lowest level in more than 35 years. people were falling out of the workforce because they couldn't find jobs or had given up trying altogether. november's reversal upward showed people coming back into the workforce instead of leavings. we see how job creation is keeping up workers coming into the workforce. this is not a trend until

economy -- this threatens our food supply and could threaten the u.s. economy. of anis the underpinning entire agricultural system. when you pull out that underpinning, you see the collapse of an entire agricultural system. >> i think we are at the tipping point. we are one or two years away from disaster. >> evidence has grown that a new class of pesticides called charles annenberg weingarten -- be -- despiteay warning that they may be toxic to bees. this is used on nearly all american crops, including corn. the epa says there is no evidence that it is improperly used, but environmentalists disagree. but the government slowed to act, bees continue to die. >> one of every three is directly dependent on the honey bee. >> that includes a crops like apples, cherries, cucumbers, pockets. thatlso includes hay crops support the dairy and meat industries.

what does that even have to do with the u.s. economy? >> howard, i'm also wondering why aren't there more individuals at banks who are being punished? why is it the corporations as a whole that are getting those fines? >> i think there are two things going on there, caroline. first off, i think the defendants, the banks, would prefer to have the settlement be with the organization so there's some pressure to have the bank pay more, let individuals not be penalized. also, i think the sec would disagree with you. i think the sec released stats that said they had brought cases against almost 100 people in connection with the financial crisis. so i don't think people are being passed, but the headlines, what's been grabbing the headlines are these huge corporate fines. >> all right. howard, thank you so much for taking the time this morning. appreciate it. happy holidays to you. howard schiftman and ken cayman, president of mercadian asset management. >>> our next guest says investors should be prepared for more involving la till the next ye

u.s. will move ahead with a controversial plan to relocate an american base in okinawa after winning approval from the prefecture's governor. >>> north korean leader kim jong-un has used state-run media more frequently than his father in an apparent attempt to enhance his authority. >>> and, remembering mao. we visit a restaurant in beijing where people look back and reflect on life under the founding father. >>> japanese and u.s. leaders have spent nearly two decades trying to renegotiate an american base in okinawa, but widespread opposition stalled the move and strained relations. now the governor of okay noinaw given the go ahead. nhk world's tomoko kamata has the details. >> reporter: prime minister hirokazu nakaima explained he still wants the base to be moved out of okinawa eventually, but he said for now this is the best deal. >> translator: we have decided that the project complies with environmental protection measures and meets the relevant standards. so, we decided to approve t

economy. >> those were good times. i think it was probably a safer bet than say challenging a nobel prize winning physicist. >> you did okay. you got that bright idea after -- >> in my defense because a lot of you say it's not the smartest thing to challenge a nobel prize winning economist. when i went to the university of alabama, i made it through three weeks of economics 101. >> three weeks? >> then i dropped the course. >> that seems like a stretch. >> my danielle adams called the day of the interview and said does he know he's a nobel prize winner. >> we were driving over to do charlie's rose and lewis turns around and says so why are you challenging a nobel prize winner. >> here's the answer to the question. you get the idea after paul stopped by our set. >> what can we learn that truly applies to our situation. >> slashing spending when you have depressed economy is really destructive. it's counter productive in purely fiscal terms because it damages your economy, damages future tax receipts. spain doesn't have

these are our top headlines. >> the imf raising its outlook for the u.s. economy. christine lagarde says there is more certainty there -- and then there was for 2014. she credited the budget deal in washington and the fed's plan to taper. ruling outdorkovsky a political challenge to vladimir putin. he said he will focus on freeing political visitors. he is in germany after being released from 10 years and russian prison. vladimir putin has released one of pussy riot's members. he is expected to release a second member today. they were imprisoned after a performance critical of london. >> caroline hyde has more on the markets. >> more people are dreaming of christmas rather than what is going on in the stock market. periphery is lower, spain is off by .1%. u.k. and france and germany holding onto gains. imf saying yes, the u.s. is growing. as if we needed more evidence, friday we got the third-quarter gdp revised upwards to an excess of 4% growth. many convince the u.s. will grow. credit agricole saying this sets a positive tone. stoxx 600 higher. big winners today,

tonight, that the reserve issues its latest report on the state of the u.s. economy. then the fcc considers a plan to let air travelers use their cell phones in flight. the inter-sector is being called the fastest cop car ever. to our viewers here in the united states and those of you joining us from around the world, welcome. we have full coverage of the stocks and the stories making headlines tonight. yang yang is in washington with today's cover story. she will have the latest on u.s. government rules that could change the way we fly. we will have that story coming up. economic conditions around the nation shows the united states still growing at a moderate to modest pace. is that enough to get the fed to alter its row graham. >> the new beige book does not contain any major revelations on the u.s. economy but it could bolster the view that the economy is gaining traction and could affect policymakers decisions on whether or not to scale back their asset purchases. from the fed's 12 districts, early october to mid november, that includes the 16-day government shutd

so we have to see how the u.s. economy is going to revive and also there will be comparison with other regions including japan and asian countries. i have a feeling that the overseas investor will be focusing on the u.s. economies and the other advanced countries which is in comparison with the emerging country which was a focus of investment in 2013, and they will become cautious by the lak of liquidity which happened in india and indonesia. they would like to see how these countries would cope with the tapering effect of the united states. if the fundamentals of these countries would become improving, then obviously money will come back to these countries because this all-access money born by these easing policies would wide. this money will not only go into the united states but find other places which may yield higher. >>> on to the markets, the fed's move has provided some cheer to investors, lifting equities of leading economies. in europe, stocks are showing solid gains. london's footsie is up almost 1%. fra

less impactful to the u.s. economy given we produce so much now. the olympics in sochi, and world cup in brazil. if both come off without any significant bad events. >> terrorism or any type of unsettling destabling geopolitical event centered on the olympics and world cup which people will be watching. >> and it makes you feel good. >> particularly if we don't have a crises. >> thank you both. >> up next, we're "on the money" slimming and trimming cli ents is the bread and butter of the weight loss industry. how to fatten entrepreneurs wallets. >>> if you have decided to eat better and exercise more in 2014, you are not alone. you are one of more than 100 million americans likely to diet next year. crunch the numbers on that and gyms and weight loss programs and food companies stand to rake in more than $60 billion in revenue. how is the industry shaping up for next year? eric holmes is the author of "the juice generation" and a personal trainer to lone survivor, thanks for being here today. >> thank you. >> i'm one who makes a resolution. this is

the strength of the consumer is important because it makes up two-thirds of the u.s. economy. the glass ceiling at general motors broken. mary barra will become the first woman to run an automaker. she'll replace daniel actikerso. she began with the company as an intern back in 1980. >>> instagram is rolling out a private messaging service. the photo-sharing social network introduced instagram direct which allows sharing with an individual or a group instead of mass sharing. the company is owned by facebook and has 150 million members. the move is seen to catch up with snapchat. >>> and so far, december is proving to be a cold month for investor, but what will next year bring, and is washington finally out of the way? joining us is keith banks, the president of u.s. trust, and, keith, thank you for coming in. >> great to be here, becky. >> we did see a pullback so far in the marketis. is this just a breather? >> i think it's a breatherment it's the end of the year. we've had a great run in the equity marks. two things are going on. i think people are taking some profits. numbe

a lot of positive fundamentalsth u.s. economy. we think at the end of the year we post nice returns. >> you have a couple stocks you think will post nice returns in the new year. let's look at some of them, dover as the first pick. what is it that you like about that company? >> it's a continuation of a theme we've had for a couple years. you're seeing a renaissance in a number of different sectors of the u.s. economy, agriculture, manufacturing and dover behind the scenes is built into those and they will continue to be there and this is a good market for them. it's not a cheap stock but a profitable company and has, what we think, earning potential that will drive the stock price higher in the years ahead. >> like large cap multi nationals, that's a theme you're hitting and john deere is certainly one of those. what will drive it in 2014? >> deere suffered from the collapse in commodities with good harvest. yet, deere's earnings go higher and the stock is one of the most profitable in the industry and right now trading at a disc

let's take a look at where this gas is going across the u.s. economy. again, growth in natural gas being used in electric power, in the industrial sect or, and particularly manufacturing, although it looked in our models that there was a fairly healthy spread of natural gas conception -- consumption in the industrial sect or her across the entire group in consumption. growth in transportation and the growth in the commercials like sector. the only flat would be residential use of natural gas. one of the reasons for that is areric heat pumps becoming more efficient and taking market share. let's talk a little bit about electricity. the main point to be there is that the growth in electricity demand that we see looking out towards 2040 is still relatively low, and little bit less than one percent. you can see the left-hand side of the table from 2013 to 2040 it is .9% are year. -- per year. one of the things we have done here is shown in electricity use, that is the blue line, and the dark blue trend line along with gdp or u.s. gross to met product and th

in the third quarter of this year, the u.s. economy grew at the fastest pace since 2011. why isn't this being vuld ieweda robust recovery? i spoke to the head of the international monetary fund, christine lagarde, about the prospects for 2014 and the political hurdles that lay haed. ms. lagarde, we will tomalcome the press "snoochlt. >> thank you. >> what do you see about the rebound of the u.s. economy at the end of this year? >> we see a lot more certainty for 2014. there habgos bee has been good n by congress to eliminate the fear about the budget and reduce the sequestration. we see the fed having taken some very well communicated action concerning the tapering of the program, and those are good signs, in addition to which we see some good numbers. growth is picking up and unemployment is going down. so all of that gives us a much stronger outlook for 2014, which brings us to raising our forecast. >> so you talk about the fed tapering. what does that mean, nofor my audience that may not understand? what does that mean and what is the immediate economic effect of it? p

could add aeal that trillion dollars to the economy. u.s. compliments on food subsidies in a latin american block. president obama praised the draft agreement. analysts say it will do more to salvage the long-running doha round of talks and to solve food shortages and tell global commerce. more on this deal later. we're going to hear. the u.s. and japanese economies will recover the most next year. find out more from the chief economist when "first up" returns. ♪ >> australia's largest insurer shares are plunging, the biggest drop in 12 years up down 21%. it is paired off that one. unexpected net loss of about $250 million. it is due to write-downs at the north american operations. this is a stock where watching for you this morning. qbe falling the most in 12 years. that will be one of the lacquers on the sx 200. on tuesday a hearing is due to begin. into the asian on the crash. happened in san francisco in july. people died when the bowl and triple seven hit a seawall as a came into land. they're going to look at the pilot performance. o

i think the president underestimated the difficulty of remaking a fix for the u.s. economy. the obamacare will be a huge success and as much a part of the american life of he had care. >> incompetent of website for obamacare revealed the unbelieve incompetent of the obama administration in dealing with issue with the fairest wrap. >> let me sum it up. president obama thought that obamacare was going to sell itself once it was passed and that was at biggest mistake. >> fairest wrap is that obamacare should be delayed for a year. they prove that the gop was right. the law should have been delayed. best come back? >> the egyptian army. >> clever house speaker john boehner finally in the last days of the congressional session and rising up against the right-wing forces that they have this vote veto and hold on his party. >> secretary of state kerry. >> i think former south carolina governor sanford who i thought was lost don't appalachian trail and now is in congress. >> best wrap is the nra after the santa ana murder spree. the nra got 2 million new members. >> most original th

to the u.s. economy now i'm not suggesting that all of the you know quality is something we have to live with some of it could have been dealt with in other ways perhaps by providing more. broad based education and skills building programs so that more americans could benefit from the new technologies and better fiscal redistribution so that we have a better safety net but but there is a natural tendency for inequality from the from the wave of technologies that the world economy has has been experiencing over the last several decades but also. that was there an author of why nation fail. now coming up why law is the volcker verbiage venerated or vilified alexis goldstein joins us to help render a verdict after the break and who does amazon blame for stealing christmas and if not for granted rachel herz this and i discussed the purchase first major strike against the mega retailer in today's big deal and as we had you a quick break here's a look at the today's closing numbers stick around. big bu

the imf is going to raise its growth forecast for the u.s. economy next year. the previous forecast was 2.6% so that will help fill some of the gains today. apple finally signed a deal with china mobile. twitter's ipo led the way. ir more on the environments, am joined by leslie ticker. what was it with the ipo renaissance? was it about the stocks buÑuel overall -- stocks doing well overall? >> stocks heavily influenced the ipo market. they are able to take advantage of these markets and get better evaluations as stocks increase. encourage investors to buy into these investors because as they look to outperform the general benchmark, ipos are a good way to do that because they are riskier, they are untested, untold stories, but it is a way of getting back was increase returns. what was behind the ipo for not him on -- phenomenon? ipohis year was a record pop, the most since 2000. average ofook at the the first-day performance. >> venoco -- the companies were increasing on average 21% on the first day of trading which was the most since the.com bubble. stocks h

that the deflation in japan was hurting the world economy and the u.s. economy as well. you know whether or not the monetary policies are manipulation. it depends on whether or not they abide by the standard of market determine exchange rates and domestic tools for domestic purposes. obviously it's a fine line. we're going keep our eye on the line to make sure that the countries don't cross it. when they cross it we're going press very hard. we have done it time again. i have met with my counter parts from japan. on many occasions, i have met with my counterpart from china on many occasions. we have made exceedingly learn that this is a matter of necessity in order for us to have our bilateral relations continued to improve. and i think we're making a lot of progress. the trade agreement has to be built on the firm commitment for us to continue making progress on these matters. >> well, in a response in the negotiations that have gone on that you talked about, i mean, the problem still is about enforcement and whether or not we have the ability to step up in enforce thos

theorrowing money helps u.s. economy, but is it what needs to happen when americans cannot afford or do not want to buy health insurance? today is the deadline for individuals to enroll in plans and begin january 1. while the website appears fixed, people are longing -- logging on to find out a don't qualify for subsidies. >> some states have been reporting that people who are enrolling, it is to the big fear of insurers, skewed toward older, less healthy individuals. >> around one million people have signed up and the administration wants 7 million signed up by the end of the six-month enrollment period. that ends on march 31. another issue the president will have to face, the continued fallout from the nsa spy scandal. a white house report said the u.s. should be prohibited from collecting and storing billions of phone records. the surveillance should continue. here is the president speaking last friday. >> we need this intelligence. we cannot unilaterally disarm. there are ways we can do it that gives people g

in the u.s. economy particularly around the house in the markets. we were talking earlier session about the aspect around housing and house building creates demand for finishing and appliances. the key elements in our view for next year. that positive momentum in the housing market will spread out more broadly. >> if you look at the world economy, 2015, the fed started to tighten. they will start taking. your the ecb possibly using. and the bank of japan. >> it is a phenomenal environment. central banks on different levels. the fed meeting the accommodation. you have to find a way for mario keepi and his team to european rates low. we think the economy is recovering. a fragile recovery. they cannot afford to see interest rates rise. some form of further accommodation a we think is very likely in 2014. it'll be interesting with central bank moving in different directions. >> will mario draghi's job more difficult? >> we see the u.s. a rates rising. for it will be hard to stop the u.k. rates to stay where they are. european rates at the subdued levels

the u.s. economy seems to be gaining footing. the markets are busting through record high after record high. it is all good news..3 like all investors we have to peak around the corner. is danger lurking ahead? what would it look like? david: we'll talk to one of the top economic minds in the country. glenn hubbard dean of columbia business school. big changes ahead or fed. tapering new chairman, new voting members among whom include dallas fed president richard fisher. he will join us exclusively. this is the first interview since the fed decision to taper next week. that is coming next. liz: tell us what you think. fed chairman ben bernanke said fed bond purchases created jobs. talking about qe. do you agree. log on to facebook.com/afterthebell. we'll read some answers and get richard fish arrest response. don't go away. ♪ [ m male announcer ] once, there was a man who found a magic seashell. it told him what was happening on the tradg floor in real time. ♪ the shell brought him great fame. ♪ but then, one day, he noticed

economy. there are i think sort of two different camps in this area. charlie, one says that oil and gas as percentage of the u.s. economy is still relatively small and; therefore, increases in oil and gas production don't completely change the nature of the u.s. economy. the economy is continuing to move structurally away from thing like manufacturing toward services, and so that lower percentage, i think, is part of the reason. i'm very reluck about -- reluctant to say it's small; therefore it doesn't matter because, you know, the phrase journey of 1,000 miles starts with the first step. it ultimately has to show up in gdp numbers. and i think that the modeling of this is just beginning to get underway. [inaudible] [inaudible] >> congratulations. i can't hear you. let's wait until the screen goes up. i can't hear anything but the screen going on. [laughter] [inaudible] and the other one if the issue between oil isn't the amount a little bit too mess mystic based on that assumption? >> well,le

economy. when he got into office, they had been really sapped by sanctions for all these years and could have gone either way. look at zimbabwe next door. interesting because you mentioned the sanctions risk. there was a divide in this country about the sanctions. reagan was slow to act and there was a lot of pressure or members of the congressional black caucus and other circles as they have been noting tonight, lots of concerts in support of mr. mandela, lots of concerts in support of those who said that we should not have any dealings with south africa as long as apartheid was still in place. >> the people for sanctions were on the right side of history because it really did weaken the regime and probably brought them to the bargaining table much quicker. >> in your article, you noted south africa's economic and clinical aspects were intertwined. how so? how did he help to narrow that defined? had growth rates under 1% during the entire apartheid regime. from the time he was a like did unti

it's very important for our global economy and in particular the u.s. economy continues to grow in the next couple of years. >> are the same benefits given to irish entrepreneurs as are given to foreign companies that are investing? >> absolutely. the minister for finance released a paper to international claim, almost, saying ireland operates a translucent based system. you don't do tax deals in ireland. you will be treated the same way by the revenue authorities. >> do you think other countries could learn a lesson from the tax rates here in ireland? >> i think the lower tax works. the 12.5% rate which we have held on to sent a very strong beacon that low taxes create employment and that's certainly a model right across the irish political spectrum from the right to the left except that low tax works. >> can i ask you whether the highest scrutiny over the level of taxes a company has paid is complicated or even if it's just about perception? no, actually. and, in fact, in the global debate that's going on at the moment, there's a proper debate going o

>>mark: one of the things we are watching is the big story is the u.s. economy. and the recovery we've had especially when we look at the stock market with a 20 it plus up run-up of the dow jones. >>: i think the story that i'm trying to get that is we've been talking about it all year long and slowly seems to be realizing job growth there that should play into 2014. we need to get the 6 percent unemployment and then were happy and content. this should help to drive the market higher. >>: we are learning that katie couric been paid $6 million a year for a part- time job with yahoo. >>: 6 million a year can be on the internet. stop and think about that for a moment. this is a high paid internet celebrity which is good for all of us and the thought that maybe i have a job waiting for me they need to one in finance. if it's bad news for abc and msn b.c. and five all-star going elsewhere. if i think this is a story that benefits netflix. again as we are streaming obverses broadcasting at this point in time and i see that continuing. >>mark: a new survey showing most

the economy added 203,000 jobs in november lowering the unemployment rate to 7%. labor secretary says the numbers indicate the economic recovery is gaining strength. >> we have now had 45 consecutive months of private sector job growth to the tune of 8 million plus jobs. roorp while the numbers are encouraging, analysts say we still have a long way to go? >> to get to full employment we estimate the economy is going to have to create between 200 and 225,000 jobs per month for the next couple of years. >> reporter: but that may be difficult to achieve. the recovery is still on shaky ground with small businesses sees a slowdown in sales for the year. that is significant, because those businesses create about two-thirds of new jobs. ly hard hit has been the retail sector. despite slashing prices and opening their doors thanksgiving day, retailers posted disappointing sales in november. >>no carrierringringno carrierr0 [ technical difficulties ] >> trying to get a flight, because most of their flights were canceled. 330 fights from airlines out of dfw have canceled to

the u.s. economy is getting stronger and traders want in on that. i have been downstairs talking to traders all day. here's what they're telling me. they are telling me they finally accepted the fact that tapering is inevitable, they know it will happen, but don't expect it will happen for a good few months. here's why. yes, we got a strong jobs report. however, consumer spending is still problematic. they don't expect fourth quarter gdp to be particularly strong and they don't expect tapering to really begin until budget negotiations are firmly in the rear view mirror. they want to see certainty on capitol hill, of course. but also, they want to see consistency. you know, it's fine if you have one or two months of 200,000 job gains but you want to see consistency. i think the main focus for everyone downstairs was the unemployment rate. that coming as low as 7%, the fed has said they want to see it at 6.5%. it's going to be interesting to see whether the rally continues or whether we will start to see profit taking in the next couple weeks. >> zain

but also within the u.s. economy. >> from both the recommendations from the review group and the opinion of judge leon, a few days earlier, is that both recognized that all of this scooping up data really did not thwart any terrorist attack, because if you are looking for a needle in a hay stack, why do you want to make the hay stack bigger? i don't think it's helped, and i don't think any of these two bodies that have looked a this helped, i think it violated the rights of a number of innocent people, who were there was no probable cause or even a reasonable suspicion that hay had done anything wrong. so the scooping up that has been going on over the last 12 years has been a huge problem. just to build in another level. >> potentially, if you look at the ombudsman model that could be seen as one of the ways to approach this kind of issue. the trouble is that the ombudsman is usually a very open office, it is publicly managed and the information is unclassified for any kind of civil rights issue. in case you

before proclaiming that the u.s. economy is back, listen to what mark lieberman has to say. >> we face hurdles going forward. at the end of the month 2.5 million go off on unemployment insurance. the unemployment benefits program will end. that's money spent, every day, by every recipient. the jobs that we have been seeing is not necessarily the higher paying jobs. in october, for example, half the jobs created were in the retail sector or hotel or restaurant personnel. not career jobs or best-paying jobs. the best thing we can say about the economy is it's yofl. there's not a particular date or statistic that says it's a turn around. >> the day after christmas is a big day, it's one of the top 10 busiest. nationwide stores slash prices and to get rid of left over merchandise. some stores open early to give customers a leg up. now to the grinch who stole christmas for many families. thousands of customers bought gifts online to be disappointed when they didn't arrive in time. shipping companies are blaming the weathe

global markets on their hands ahead of the all-important u.s. jobs number for november and germany's central bank raises its 2014 growth target for the country's economy, claiming demand within the eurozone is finally picking up. >>> the bitcoin doom has taken the world by storm, but fears over the rise in the new currency justified or just hot air? we'll hear what the cfos are telling us about the bitcoin trade. ♪ ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ [ male announcer ] the beautifully practical and practically beautiful cadillac srx. get the best offers of the season now. lease this 2014 srx for around $349 a month. during the season's best event from cadillac. ♪ >>> in a cnbc survey of ceos, it follows risks attached to bitcoin with the chinese and french banks. steven, the whole bitcoin notion, is it ludicrous for a currency trader? >> it's not ludicrous. we trade a lot of currencies and many things are traded in the market. you know, the issue with bitc n

through the u.s.-led sanctions effort. president rouhani took a stand in the article you referenced, but there's going to have to be roll back of the program. they will have to ensure the international community to solid ways they're not pursuing a nuclear weapon and that -- >> do you think it would mean rolling back centrifuges? >> it will have to be a comprehensive solution in order to provide the reassurance the world community is going to demand here and absent that, it's going to be very difficult, if not impossible, to get a comprehensive agreement. i think we have in place a solid basis on which we can proceed for the next six months because the program is frozen. it's rolled back in certain aspects with respect to the 21% enriched uranium and we have a very aggressive and unprecedented monitoring machine. we have the basis on which to have a negotiation but at the end of the day there will have to be roll back of the program, no doubt. >> the one monkey wrench here could be prime minister neta

i am pleased to be here at this time for the outlook of the u.s. economy. a strong u.s. economy is good for the global economy. to the an assurance commitment to stability and the global financial landscape and ushering in an era of shared prosperity. the u.s. government has been a governancey in good and productivity. our program and the partnership newssisting in exploring frontiers to sustain economic gains. good governance is good economics. in three and a half years we have proven that, averaging growth of 6.3%, and the support of the u.s. administration, not only technical but furthering of bilateral relations is important in sustaining that. we are deeply thankful of the assistance suspended by the u.s. government to the victims of typhoon haiyan or yolanda. that globale-opener climate change is for real. excuse me. and that the impact of global climate exchange and economic development is something we must we needul of and that to work on creative solutions to .trengthen our communities we need to place climate change at the front and center of our social contrac

learn more at the street.com/nbr. >>> growing stronger, the u.s. economy grows at its fastest pace since early 2012, but is the 3.6% rate as strong as it appears? and why do american businesses still seem so hesitant? >> protests over pay. fast food workers strike in the biggest push yet for higher wages. they want $15 an hour. they average around $9 now. what a big raise would mean for