FedEx's CEO `Cautiously Optimistic' on Fiscal Cliff

Dec. 6 (Bloomberg) -- Fred Smith, chief executive officer of FedEx Corp., talks about the U.S. economy and trade, federal budget negotiations between lawmakers and the likelihood that they'll be able to avert the so-called year-end fiscal cliff of automatic budget cuts and tax increases. Smith, speaking to the Economic Club of Washington, said he's "cautiously optimistic" that Republicans and Democrats will reach a deal. (Source: Bloomberg)
Could Fantasy Sports Sites Face Regulation?
39:49 - The rapid growth of fantasy sports websites has caused the gaming segment to consider entering the space, while lawmakers weigh the industry's exemption to a federal online gaming ban. Bloomberg Intelligence's Paul Sweeney has more on "Bloomberg Markets." (Source: Bloomberg)
  • Why the Fed May Want to Hold Off on Raising Rates
  • Would Investors Really Embrace a Fed Rate Hike?
  • U.S. Petroleum Exports Ban: Why We Should Lift It