Reid Says Boehner Ignoring Americans in Debt Talks

Dec. 13 (Bloomberg) -- Senate Majority Leader Harry Reid, a Democrat from Nevada, speaks about the status of negotiations aimed at reaching agreement on a deficit reduction package that avoids the so-called fiscal cliff of automatic spending cuts and tax increases. Democratic Senators Richard Durbin of Illinois, Charles Schumer of New York and Patty Murray of Washington also speak at the news conference in Washington. (Source: Bloomberg)

Do Markets Worry Too Much About Inflation?
39:27 - Federal Reserve Chair Janet Yellen said the central bank was not to blame for the tumult that has engulfed financial markets this year and is unlikely to roll back its December interest-rate increase in response. Yellen added that the Fed was taking another look at negative interest rates as a potential policy tool if the U.S. economy faltered, a scenario some investors view as a mounting possibility amid a darkening outlook for world growth. SVM Asset Management Managing Director Colin McLean discussed with Bloomberg’s Manus Cranny on “Countdown.”
  • The Dash-Cam App That Aims to Prevent Car Crashes
  • There's a Loss of Faith in Central Banks: JPM's Ulrich
  • Market Turmoil: What Will Stop the Selloff?