Obama: Won't Negotiate Over Debt Ceiling

The U.S. House passed a bill undoing income tax increases for more than 99 percent of households, giving a victory to President Barack Obama even as Republicans vowed to fight him in coming weeks for spending cuts in exchange for raising the debt ceiling.

Zuma's Action Sparks South Africa Cabinet Concerns
13:33 - South African President Jacob Zuma has recalled Finance Minister Pravin Gordhan from a roadshow meeting with investors in the U.S. and U.K., sparking concern over a potential cabinet reshuffle. Bloomberg's Arabile Gumede reports on "Bloomberg Surveillance." (Source: Bloomberg)
  • BlackRock Strategist Prefers European to U.S. Equities
  • Real Estate Veteran Macklowe's Next Venture
  • Macklowe Sees Value in Manhattan's Slowing Luxury Market