Obama Confident of Reaching Deal on Fiscal Cliff

President Barack Obama expressed confidence that he and Congress would reach an agreement that will avoid the automatic spending cuts and tax increases that are scheduled to occur at the end of the year.
Puerto Rico Needs to Restructure Debt: Rhodes
27:19 - William Rhodes, president and chief executive officer of William R. Rhodes Global Advisors LLC and a former senior vice chairman of Citigroup Inc., talks about the outlook for Puerto Rico's debt crisis. Rhodes speaks with Brendan Greeley and Tom Keene on Bloomberg Television's "Surveillance." (Source: Bloomberg)
  • The Top 5 Business News Stories to Watch for Today
  • Shire Makes Unsolicited Bid for Baxalta
  • Why It's So Hard to Rent an Apartment in Brazil