Sperling Discusses Fiscal Cliff: Political Capital

Nov. 30 (Bloomberg) -- Gene Sperling, director of the White House National Economic Council, talks with Bloomberg's Julianna Goldman about President Barack Obama's debt-reduction proposals and prospects for lawmakers to reach an agreement to avert the so-called fiscal cliff. Bloomberg's Heidi Przybyla and Hans Nichols report on budget negotiations and possibility that Obama will nominate U.S. Ambassador to the United Nations Susan Rice to be Secretary of State. Rich Miller discusses a Bloomberg News poll on investor sentiment. Commentators Kate O'Beirne and Margaret Carlson talk about a possible Rice nomination. (Source: Bloomberg)

European Stocks Close Lower for Fourth Day in Five
15:46 - European stocks closed lower to end the week as the Stoxx 600 fell 0.3 percent. Bloomberg's Mark Barton breaks down the day's trading on "Bloomberg Markets: European Close." (Source: Bloomberg)
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