The On-the-Ground Reality of the Fiscal Cliff

Dec. 6 (Bloomberg) -- Bloomberg's Matthew Dowd walks over to City Hall in Norfolk, Virginia to speak with the mayor about what will happen to the local community if projected defense cuts kick in as a result of the Fiscal Cliff.

Hong Kong Reintroduces Closing Auctions Starting Today
46:14 - Following a seven-year hiatus, Hong Kong will reintroduce the stock closing auction today. It's a staple of other developed markets. Bloomberg's Eduard Gismatullin reports on "Trending Business." (Source: Bloomberg)
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