i'm poppy harlow in for christine romans today. this is "your money." once upon a time, there was talk of a big deal. it would reform medicare and social security and tax code all at once. do you remember that? >> a larger agreement. a grand bargain. >> we are happy to do the grand bargain. >> we support a grand bargain. >> the grand bargain. that was then. these days, a goal less grand as the members of the house and senate try to hammer out a budget agreement trying to replace the sequester. the cuts have enemies on both sides of the aisle. democrats don't like cuts to head start and meals on wheels. republicans don't like the cuts to defense, which military leaders argued hurt the readiness of the armed forces. just ask former secretary robert gates. >> there may be a more stupid way to cut the budget than sequestration. if there is, i have not been able to identify it. these across the board mindless cuts that make no difference between what is important and what's unimportant is a crazy way to try and deal with the budget issue. >> so, can congress

i'm poppy harlow in today for christine romans. investors went crazy for twitter on the first day of trading, it opened at $45.10, more than a 70% premium to the offering price. it stayed in that range for much of the day closing just below 45 days a share when that closing bell rang at 4:00 p.m. that stock price put the company's value at just about $25 billion. $25 billion. let's talk about that. that's a hard number to grasp. i want to bring in matt mccall, the president of penn financial and rachel sklar, an avid twitter user. when i see that number, $25 billion valuation, bigger than tiffany, hershey, all these companies, why do you think it priced that way and there was this investor reaction, matt? >> when you feel like you have a connection with something, especially a company like this, you want to be involved. that's a big reason a stock opened so high yesterday. the average investor feels i know twitter, i feel it. i want to buy it. >> you and i have talked about this. does that mean you should invest in it just because

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i'm christine romans. >> i'm john berman. carol costello is off today. >> we're going to have more on the jfk remembrances later but first a 22-year ban now getting a second look and that means talking on the cell phone while flying just might become a reality. >> this goes in the worst idea ever file. whether you consider this idea annoying or if you're the one person on earth who thinks it's convenient, the fcc will consider a proposal at its next meeting in december to allow fliers to make voice calls in flight. >> back in 2004 the ban was considered being lifted but they changed their minds after opposition and uncertainty over the technical details. cnn's alexandra field is live outside lag ward in a airport in new york. my personal unscientific polling this morning is that no one thinks this is a good idea and everyone thinks it's a way for someone to make money. what is going on here? >> reporter: at the same time, though, christine, we've long heard travelers grumbling whether or not it's really unsafe to use their ce

i'm john berman. >> and i'm christine romans. carol costello has the day off today. rare, deadly, devastating, that's how many are referring to yesterday's tornadoes. the national weather service sending out three teams today to survey the damage from the unusual, unusual late season tornado outbreak that simply slammed the midwest. this left at least six people dead, entire neighborhoods flattened. this morning, hundreds of thousands are without power and trying to figure out how do they even begin to clean up and move on? >> 68 tornadoes reported across the region, 68. illinois one of the states that was hardest hit. these twisters, they were not small either, at least one there packed an ef4 raking with winds up to 200 miles per hour. the state's governor has declared a seven-county disaster area, plans to tour the devastation later today. >> in the town of brookport, illinois, schools closed today after a tornado tore a path of destruction through two mobile home parks. >> i hope no one's hurt. our father, two w.h.o. art in and, hall owed be thy name. >> in the l

i'm christine romans. we have come a long way, but we have a long way to go. it is all in the eye of the beholder. first, put on your rose-colored glasses. your 401(k) is on fire. the index touching new milestones. look through the broken glasses. only half of america is invested in stocks. what happened when the federal reserves does this? stocks fall sharply. back to the rosy glasses. now back to the broken glasses. until first time home buyers come back, it is not back to normal. 28% of october sales were first time buyers. let's look at jobs. jobs are coming back. 204,000 create in the october. this is a low wage job recovery. nearly 60% of the jobs created in the economy since 2010 have been lower paying occupations. ken rogath is with us. maggie lake is here with us. ken, which glasses are you wearing when it comes to the u.s. economy? >> i think i have one eye broken lens and one eye rosy. you summarized it well, christine. i think for the next few years, we are still healing a lot of long-term unemployed and divisiveness politically. on the other hand,

i'm christine romans. walmart. a walmart in ohio is collecting canned food to help its workers feed their families on thanksgiving. this picture posted on the walmart facebook page. >>> if there is a recent political controversy, starbucks ceo called for law makers to end the shutdown and spoke out in support of the same-sex marriage. when talk turns to chick-fil-a. the ceo is taking stance for his opposing gay marriage. some of the groups are upset again because the original says presented him with an award for champions of justice and equality. walmart and starbucks and chick-fil-a just a few. is politics bad for business? we have the former hp here with us. the most powerful woman in business six years in a row, but she ran for senate and advised john mccain in his presidential run. she knows what it takes to create jobs and what it takes to get votes. carly, do the two mix? politics and business? >> i think this trend where ceos are standing up and getting involved in politics while they are active ceos, i thin

christine romans is in new york. i thought they were going the other way. >> they've been falling a little bit. this most recent reading from freddie mac shows 3.35%. that's still historically low. the average since world war ii is like 6.5% so 4.35% is still pretty cheap money. you look at the 15-year, popular refinancing tool, that number is 3.35%. so for those of you looking out there to refinance for first-time home buyers, they've been ticking up. in part, because of that slightly stronger october jobs report. when you start to see signs of strength in the economy, you see interest rates that can start to rise. that's one of the reasons they're moving up here. stan humphrey from zillo told me he expects by the end of 2014 to be back to 5%. you have people in the housing market, housing industry thinking that mortgage rates will very, very slowly rise into next year as the fed tries to figure out when to take its foot off the accelerator and stop buying up those bonds to keep the economy going. first-time home bu

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happy you're with us, christine romans. >> i'm in for john berman today. tuesday, 5:00 on november 26th. we begin with a eye on the wintry weather and moving across the country after killing now at least 12 people. millions of americans now in the cross hairs and it's threatening to make get to your thanksgiving destination pretty difficult. >> accidents dotting the roads in arkansas and the same in fayetteville in the northwest part of that state. ice causing many cars to lose control. >> i get on the highway and next thing i know, i'm spinning. >> people don't realize when they cross those bridges they got ice on them and when they cross them, they lose it. >> a nasty commute in milwaukee. cars slamming into each other on the highway. the sheriff there reports more than 50 accidents monday morning alone. >> i was just coasting going about 3 miles an hour and i just about got in a car accident right here because you can't stop. there's a point where there is nothing you can do. it's just glare ice and you're a passenger in your own car. >> snow also falli

>>> i'm christine romans. zoraida sambolin has the day off. >> i'm john berman. it is monday, november 4th and 5:00 a.m. in the east. up first a cnn exclusive. a shooting that paralyzed one of the major airports and terrorized travelers and shined a new light on the issue of airport security. now a woman who knows the alleged l.a.x. shooting is giving us a look inside his mind in the hours leading up to friday's deadly rampage. she says the suspected gunman paul ciancia had a roommate carry out his murderous plot. here is more from miguel marques. >> reporter: days before ciancia's crime. >> he asked one of the roommates if he could have a ride to the airport. >> reporter: why did he need a ride? >> his dad was sick and he needed to deal with family issues. >> reporter: did anyone see a ticket? >> no. >> reporter: he says ciancia rarely moved his apartment since moving here in january describing him as awkward and heavily smoker the day he put his alleged plan into action, she says, it took his roommate by surprise. >> that morning, he doesn't knock. just opens t

christine romans is in new york. so, christine, yesterday, posted a record high. >> that's right. >> smiling as big today. >> 35 records, carol, so a little bit of a pause wouldn't be that surprising. futures were lower headed into that bell ringing, 2:10 ago. when you put it in context, carol, each one of these days is so important to put into context what's happening in the market. the dow is up some 20% this year. that is an amazing run. now, the dow is 30 stocks. what about the nasdaq, a tech-heavy index? it has a lot of other things in there, too. s&p 500, carol, that's more like what the stock part of your 401(k) probably looks like. it's up 24%. it's been a very good run and now word this morning is, at least, very early going, that investors, traders just kind of enjoying the most recent gains and trying to figure out what's going to be the thing that will keep propelling it. you got a little sideways to lower for the opening bell. 35 records for the dow, carol. unbelievable. >> it is unbelievable. it doesn't

christine romans, thank you so much. >> can you make an hd tv, though? i can't make a tv. that's the problem. >> that's true. very true. i think my husband might be able to, though. thanks, christine. >>> still to come in the "newsroom," it was a case that ripped apart the town of steubenville, ohio. now the school superintendent has been indicted, among others. [ male announcer ] this store knows how to handle a saturday crowd. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, t

christine romans you're at the travel desk. anything you can tell us? >> i can show you just exactly how many people are in the air. this is live man from plane finder.net. the kwies are full. got more than 5,flights in the air. this has been getting thicker and denser all day long. and it's going to get worse. let me show you this, too. this is the misery map. it's from flight aware.com and it shows you just how miserable people are. in new york city, i've been watching the red take over all day. about 1/4 of the flights are either delayed or canceled, flights in and out. green means on time, red means canceled or delayed and it's getting bigger and bigger. a couple of big airports in texas, too, and that's where this all started with the ice a couple of days ago. one quick thing i'll add, call the airline, check online on the flight status before you leave the house. things are changing pretty frequentry. leave plenty of time for travel. there will be lines. you don't want to miss your flight if it is on time or if it's delayed and going out on time.

let's bring in chief business correspondent christine romans. good morning, christine. >> reporter: good morning, carol. within a day or two of decent gains and you can see 16,000 and not just the dow jones industrial average, you have the s&p 500 within shouting distance of 1800 and the nasdaq about 1% away from 4,000, that's a level on the nasdaq we haven't seen since the year 2,000, right before a little thing called the dot-combubble bursting so when you look at some levels it's amazing what this stock market has done this year, and in your 401(k), you are feeling it. the dow is up more than 20% this year. nasdaq up more than 30% this year. the s&p 500, that's the part of your -- the s&p 500 is 500 stocks so if you have s&p mimicking funds in your 401(k), it's probably more likely what the stocks look like in your 401(k), up 26%, a really, really good year, so carol, now the big question is, everyone's talking about when will it hit 16,000 but a lot of smart money is saying at what point does this thing have to come down and correct? it has

i'm christine romans. >> and i'm john berman. great to see you this morning. >> this morning we're waiting for the opening bell to ring in about 20 seconds. alison kosik following the story from the new york stock exchange. you've had this issue where it's almost like a pause button has been hit on the rally. yesterday concerns about the fed, what are we expecting this morning? [ bell ringing ] >> looks like stocks will open in the plus column after doing a storp u-turn after the fed came you the with its minutes, basically its notes from its latest meeting showing that it may decide on how to change its stimulus the money it's pouring into the financial system, the criteria that it uses may change, so that threw investors for a loop, they wound up selling yesterday but as we see with the opening bell stocks are starting off in the plus column. >> so interesting, there's a report four years after the recession ended we're making headway when it comes to the jobs market. women regained all the jobs they lost during the recession.

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christine romans will join us to tell you what it might just cost you. ♪ [ acoustic guitar: upbeat ] [ dog ] we found it together. on a walk, walk, walk. love to walk. yeah, we found that wonderful thing. and you smiled. and threw it. and i decided i would never, ever leave it anywhere. because that wonderful, bouncy, roll-around thing... had made you play. and that... had made you smile. [ announcer ] beneful. play. it's good for you. could save you fifteen percent or more on car insurance. yep, everybody knows that. well, did you know the ancient pyramids were actually a mistake? uh-oh. geico. fifteen minutes could save you...well, you know. nthat's why they deserve... aer anbrake dance. get 50% off new brake pads and shoes. ♪ >>> oh, i think we should have that conversation. welcome back to "early start." christine romans is here. >> i was talking about in the break, that a guy came up and said what are you watching? i said twitter. he said what's twitter? i said social media. i get it's going public. he said going public with what? thinking public with some kind of news. make i

i am christine romans. hazing isn't limited to frat houses, sometimes part of corporate america. the on-going controversy surrounding richie incognito puts a spotlight on bullying in professional sports. i spent time covering wall street. there's a behavior hardly left in the locker room. in the '8

. >> i'm christine romans. it's 5:00 a.m. in the east. berman has the day off. >> nice to have you with us. >>> we begin with what is unfolding in the philippines. more than 10,000 people now feared death in the aftermath of typhoon haiyan. drinking water and food cut off to millions. bodies are littering the streets and hanging from trees as well as. entire villages are gone. haiyan has been downgrade to do a tropical storm but still a killer and slamming into northeast vietnam overnight and we are getting reports of widespread destruction there as well. such a tragedy. we begin our coverage with andrew stephens live in the fips a philippines and can you tell us what is happening now? >> it's evening right now. >> reporter: i'm at the airport which is shattered by this huge tropical storm surge that came through here at 8:00 or 9:00 friday in the morning. a shell here but it's turning into a crucial point for recoveries and for getting relief supplies out to people. at the moment we are seeing relief planes coming in on a fairly regular

. >> i'm christine romans. nice to see all of you, it's 5:00 a.m. in the east. >> unfortunately, we begin with an eye on the weather. this massive storm now a nor'easter. it's barreling up the east coast. it's bringing strong wind, heavy rain and snow and making travel a bit of awe nightmare for millions. >> let's start in cleveland. it was sloppy 3 to 5 inches around the region with even more today. some areas could see up to 10 inches by the time this is over today. it's so pretty, isn't it? >> it is but nothing pretty about trying to get to grandma's house. >> we originally planned to leave in the morning but news of the weather forecast, we decided to leave early to try to beat the weather down. >> i'm from north carolina, so i'm definitely not used to this type of weather. >> it's smart to leave early but drive slowly. new york's area, albany, also finding snow. just a dusting when this pictures were taken. but it promises to be messy there, rain, sleet in the forecast. >> it could be tough around pittsburgh today, with rain and snow, keeping t

christine romans is here this morning. good morning. >> good morning, you guys. t-minus 2 and counting is waiting for twitter expected to trade in two days. what is big about twitter? they are hot right now and bank roll growth and raise a bunch of money. twit is a social media ipo and the company seeing heavy demand for its stock so much so that twitter plans to close the order books today at noon. the company raised initial prices yesterday to 29 bucks a share and analysts say don't be surprised if you see the final price for twitter shares set higher than that. the ipos expected to be bigger than goobleg and expected to raise $2.9 billion in change when google went public nine years ago. you the ordinary investor will get your first shot at buying or selling those shares on thursday if you have the stomach for it. >>> banks are starting to loosen the purse strings and offering down payments of 5% on a new home. buyers had to come up with 20% down after the housing bubble burst. now some banks are making friendlier for you. they think they can offer better deal

i'm christine romans. this is "your money." it's been almost one year since 26 children and educators were shot and killed at sandy hook elementary school in newtown, connecticut and the debate over gun seams and reform rages on. big business has become involved. starbucks ceo asks customers to leave their guns at home when grab as latte. >> we are respectfully requesting that those customers who are carrying a gun

much more on that deal coming up in "money time" with christine romans. >> it is interesting the details. >>> supreme court saying no, for now to a request to stop the nsa's electronic eavesdropping. the justices reject appear appeal from the electronic privacy information center which urged the high court to throw out a secret court's approval of the practice. this is the first challenge to the nsa's surveillance programs to reach supreme court but other are working their way through lower courts. >>> president obama will meet with senate leaders from both parties today. he is trying to convince them not to ratchet up sanctions against iran. nuclear talks with the iranians resume tomorrow in geneva and lawmakers on both sides of the aisle have made it clear they are skeptical at best about where those talks are heading. the president argues if the u.s. is serious about diplomacy then adding sanctions to the ones already working against iran would be counterproductive. >>> big developments unfolding in the brutal rollout of healthy.gov. obama care's top technology manager henry chow will

christine romans will have much more on this in "money time" in the next half hour. >>> the team in charge of the obama care knew they were in a bumpy ride to the days leading up to the disastrous rollout. internal e-mails relieved by republicans investigating the launch revealed healthcare.gov failed to use 100 end users and was supposed to handle 10,000 or more. >> the talks are called intense and substantial but not called yet is done. there is no deal yet between international negotiators and the iranian government on freezing tehran's nuclear program. our matthew chance is live in geneva. what is the latest there, matthew? >> reporter: john, it's very difficult to say. certainly we know that u.s. diplomats are briefed by katherine ashton in these talks over iran, nuclear program. you have to hang in these diplomatic situations on every word that is spoken, off the record, on the record by the various parties involved and the words they are using in jp terms they are calling the negotiations useful and substantial but saying they are intense as well. it's clear difficult negotiation bu

i'm christine romans in for john today. >> i'm zoraida sambolin. nice to have you. 20 minutes past the hour. >>> a massive storm bringing cold and ice and snow for a big part of the country on a big travel week. it's now blamed for at least six deaths and it's causing big problems for millions of americans this morning. >> in oklahoma, one of the many states why icy roads led to major accidents. this happened in oklahoma city. a truck rolling right off the road and in lawton, southwest of oklahoma city, snow fell fast over the weekend and many schools are closed this morning. >> texas reeling from the brunt of the storm. snow fell on lubbock, sunday. three people were killed in accidents in north texas why ice and sleet traveled the roads. >> air travel may be a nightmare today. hundreds of flights were canceled in dallas/ft. worth international which a major hub and more likely to be canceled today as the storm moves east into the carolinas. >> let's show you the snow on the megasign in las vegas. this is what it looked like -- >> how often does t

i'm christine romans, and this is "your money." it was just two weeks ago when it seemed the president had won his latest battle. >> the way business is done in washington has to change. >> but with an obama care fiasco bringing any momentum t

christine romans is in new york to tell us more about it. >> it's thin, carol. about 7 1/2 millimeters and light, about a pound, with a 9.7 inch display. this is light and thin. and it's silver and space grey are the two colors you can get. pricing starts at $499. if you get the best models, you can pay up to $1,000 for this thing. it's pretty interesting. this is the fifth generation. and this product has really changed a lot. this is light. it is very light. it is very thin which is why they call it the air i guess, carol. >> i guess that does make sense. it's never -- we never wait too long between new apple releases. still i'm wondering, what's the next big thing? >> they have to keep us addicted and give us something to talk about. the ipad mini is probably the next thing around the corner. we're expecting that could be sometime this month. a smaller ipad probably coming out. we're always talking about, you know, the apple tv and iwatch and all of these other things. we don't know really what's going to be around the corner until they actually announce it.

i'm christine romans. we saw this president's achievement in shambles this week. it is part of a government so poorly run, it shutdown. all this while americans struggled to find jobs that pay livable wages. wait, is it really as bad as it seems? this is a country that can peacefully transfer power from this man, whose father was president, to this man, whose father was born in kenya. what does this look like to candy crowley who has been a witness to history throughout the world? >> the rest of the world has started to wonder if this is business as usual or the normal for the united states. the number of officials who i talked to, whether they are foreign world leaders or american ambassadors abroad. they are very concerned about the perception of america abroad. in other words, a government that can come to a shutdown. people were stunned by it. on the other hand, you didn't see it tanking in the market because people are used to it and thinking by the very end andless minute, something will happen to right the ship. >> is this as bad as it seems from the inside

but no now bad news for users. >> christine romans live from new york. >>> still to come, a new twist in the nfl bullying investigation. one dolphins player now suspended. and reports a teammate was forced to pony up $15,000 for veteran players to go to las vegas. we'll talk about that after a break. farmer: hello, i'm an idaho potato farmer. and our giant idaho potato truck is still missing. so my dog and i we're going to go find it. it's out there somewhere spreading the good word about idaho potatoes and raising money for meals on wheels. but we'd really like our truck back, so if you see it, let us know, would you? thanks. what? hey, i notice your car yeah. it's in the shop. it's going to cost me an arm and a leg. you shoulda taken it to midas. they tell you what stuff needs fixing, and what stuff can wait. high-five! arg! brakes, tires, oil, everything. (whistling) [ dog ] we found it together.upbeat ] on a walk, walk, walk. love to walk. yeah, we found that wonderful thing. and you smiled. and threw it. and i decided i would never, ever leave it anywhere. because that wonderful,

christine romans has the details from new york. christine. >> millions of us are flying home for thanksgiving. if you think the airport will be crowded this week, just wait. get ready for fewer flights and higher fares. take the cincinnati-northern kentucky international airport. according to analysis from usa today, the number of seats dropped by 80% between 2005 and 2013, fares jumped 26%. here are other examples. at savannah hilton head, fares jumped nearly 36%. at dallas lovefield, up nearly 36%. in washington, d.c. dulles, up 32%. overall, between the first quarter of '05 and the first quarter of 2013, prices are up 6.5% on average after inflation at the top 100 airports, but fares varied widely from airport to airport. some of the flight cut-backs resulted from major airline mergers that have led carriers to squeeze service at some airports while they focus on more profitable hubs. no question, the industry has transformed in the past few decades. there were 20 u.s. carriers in 1978. 12 years later, the industry consolidated

i'm christine romans. >> and i'm john berman. carol costello is off today. >>> authorities this morning desperately searching for two people missing after their medical plane crashed off the coast of ft. lauderdale, florida. >> the bodies of two other people on board have already been recovered and now the coast guard is frantically searching 20 square miles of ocean in hopes of finding the two other people alive. >> at this time the debris field is four by five, probably 20 square miles and drifting to the north. we continue to carefully model and track the debris and again, we are stressing this is still an ongoing search and rescue case. >> ongoing search and rescue. cnn's john zarrella live in ft. lauderdale. john, what's the latest? >> reporter: john, christine, the coast guard is telling us they're going to continue to call it a search and rescue operation throughout the morning and early afternoon and later in the afternoon they'll reevaluate the situation. so far, they say they've recovered about a thousand pounds of debr

the dow hit 15,000, christine romans is here explaining it all. let's start. gore. first of all, new week, few day. why is this happening? why the soar? >> i would say three things, the fed is pumpbling money, keeping interest rates low, even in a tough environment, companies are making money, they're not necessarily adding a lot of workers to do that. remember, stocks are a reflection of how companies are doing. companies are doing okay. i got these things, 38.3, if the dow can go 38 points higher, a little more, it will be 16,000 and a record. >> look into your crystal ball. is this sustainable? i assume this is a no, how long will this go? >> if i had that crystal ball, look, i asked one of the biggest investors in the world. i said, you got stocks up so much this year, more than 20% for the dow, 30% for the nasdaq. s&p up big time. can it go on forever? here's what mohammed told me. >> at some point, you need to get off this wave. because this wave cannot last forever. no one can tell you whether it's within the next few months or years. at these levels of valua

christine romans will be with you at 9:30 a.m. and 2:00 p.m. here on cnn. have a great weekend. >>> hello everyone. i'm fredricka whitfield. welcome to the cnn newsroom. officials in the philippines say it will take days to find out how deadly the storm was. the government confirmed 138 deaths. the red cross claims as many as 1200 killed. 1,000 in the city of to beitocl. trees are blocking roads, communication lines are down. torrential rains plus the storm surge have put entire towns under water. many evacuated ahead of the storm, but officials say the storm was too powerful for some evacuation centers, and some people there died. many people helped flood victims escape the rising waters including two of our journalists, producer tim schwarz and cnn international anchor andrew stevens helping in a rescue effort of an injured man, pushing him through waist-high water to safety. >> anymore in there, josh? >> two more. >> they are in tacloban reporting on the typhoon aftermath. >> reporter: the devastation in this city is staggering. no building escaping dama

i'm christine romans, and this is "your money." it was just two weeks ago when it seemed the president had won his latest battle. >> the way business is done in washington has to change. >> but with an obama care fiasco bringing any momentum to a screeching halt, has he lost the war? a president whose signature legislation has turned into a national punchline. >> so if your doctor's only giving you three weeks to live, you are screwed, okay? >> whose spy agencies are tapping allies' cell phones. >> i guess the real question is who's in charge? the president doesn't seem to know if he's spying on our allies. >> the president says he didn't know about it. the only thing going the president's way these days, the economy. at least for those with the money to take part, the dow and the s&p 500 hit all-time highs again this week. corporate profits roaring back. and a housing rebound. but you need cash and good credit to get in the game. so what happened to promises of an economy focused on fairness? >> this country doesn't succeed when w

i am christine romans. hazing isn't limited to frat houses, sometimes part of corporate america. the on-going controversy surrounding richie incognito puts a spotlight on bullying in professional sports. i spent time covering wall street. there's a behavior hardly left in the locker room. in the '80s, oliver stone gave a glimpse of the wild wall street culture. >> you did good. you get perks, lots and lots of perks. >> lewis? >> yes, sir. >> take care of my friend. >> charlie sheen, some inspired casting. in the upcoming movie "the wolf of wall street" starring leonardo dicaprio will probably capitalize on the obsession with wall street, from wild office parties to throwing away $100 bills. lee walker said it all, may have done it all before walking away. he is the founder of portfolio llc. also joined by former new york giants star tiki barber, has a look at the locker room culture. we found so many parallels between wall street and football. lee, you left and the stories continue to develop out of miami back in 2001, you describe being a wealthy broker, saying it takes a certai

i'm christine romans. welcome to "your money." in 1978, the u.s. had 20 major airlines, by 1990, just 12. since then, delta merged with northwest, united with continental and american airlines with u.s. air. you get the picture. ticket prices have come down since the 1970s, but over the last few years, they're up again. prices at the nation's 100 biggest airports are up 6.5% since 2005. a study from "usa today" says that's thanks in part to service cuts at some airports because of all of these mergers. fares at savannah hilton head airport and dallas love field are up nearly 36%, up 32% at washington's dulles airport, 26% in northern kentucky, 24% at newark's jfk. mark murphy and richard quest join me now. mark is with travelpost.com and richard quest is host with cnn business. could the fare hikes spawn a new generation of low-cost carriers or do we just have to deal with this? >> in the near term, deal with it. in the long term, yeah, people will start filling those spots, because once you see the ticket prices rise, somebody who's got a lower co

i'm christine romans. this is "your money." it's been almost one year since 26 children and educators were shot and killed at sandy hook elementary school in newtown, connecticut and the debate over gun seams and reform rages on. big business has become involved. starbucks ceo asks customers to leave their guns at home when grab as latte. >> we are respectfully requesting that those customers who are carrying a gun just honor the request and not bring the gun into starbucks. >> then there's walmart would like to sit out this controversy, but it can't. the company has released specific gun sales data. it was reported some walmart sold out of the ar-15 rifle in the days following the newtown massacre. the very type of firearm involve ared in the shooting. i ask the u.s. walmart's ceo if he has second thoughts about el issing these types of firearms in the same stores that would ban a cd for controversial lyrics? >> we are very responsible in our sales are firearms. something we're focused on. the debate in the country, whether it

i'm christine romans. walmart. a walmart in ohio is collecting canned food to help its workers feed their families on thanksgiving. this picture posted on the walmart facebook page. >>> if there is a recent political controversy, starbucks ceo called for lak

chief business correspondent christine romans has been looking at it. the ipo itself is interesting. the celebrity element makes it sexier, i guess. >> twitter was popular among celebrities looking to burnish their reputation, using it as a way to talk to fans and grow their influence. also their investors who people and celebrities who invested in this company. richard branson, for example, a celebrity in the business world, his rep confirming that he is an early investor in twitter. we're hearing that ashton kutcher, no surprise. ashton kutcher, for example, this is someone who -- i don't mean to have a love affair with his money moves. he's made some great moves, he's invested in uber, spotify. we're hearing big international investors are in on this. if you look at the founders, ev williams, 1.4 -- that is a "b" on your screen. jack dorsey, 586 million. biz stone. he's not listed on the original list. and the ceo, dick costolo. >> how much are the celebrities going to make? >> there are various. some of the venture capital firms will make hundreds o

. >> and i'm christine romans. carol costello is off today. you're looking at a live picture from gettysburg, pennsylvania, where sceremonies are under way to mark the anniversary of president lincoln's speech there. >> scheduled to speak, as well as pennsylvania governor tom corbett. absent this morning, however, is president obama. this is a man who swore in on the oath of office twice on the lincoln bible, announced his candidacy for presidency, but is not going to the 100th anniversary of the speech and is taking political heat for that. we'll talk about that this hour. >>> george zimmerman is back in jail, expected to go before a florida judge this afternoon. this time he is accused of pointing a gun at his girlfriend. it's just his latest run-in with the law since his acquittal in trayvon martin's murder. in sanford for us this morning, good morning. >> reporter: good morning, facing felony aggravated assault as well as other charges, police spent hours going through the home he shares with his girlfriend as they try to figure out exactl

i'm christine romans. welcome to "your money." in 1978, the u.s. had 20 major airlines, by 1990, just 12. since then, delta merged with northwest, united with continental and american airlines with u.s. air. you get the picture. ticket prices have come down since the 1970s, but over the last few years, they're up again. prices at the nation's 100 biggest airports are up 6.5% since 2005. a study from "usa today" says that's thanks in part to service cuts at some airports because of all of these mergers. fares at savannah hilton

christine romans has black friday tips for all of us. hey, christine. >> everybody knows that people like to shop at the mall or at the big box stores on black friday, but have you thought about buying a car? the automakers want to get into the black friday act. they're saving some of their best deals to lure shoppers into showrooms. this according to usa today. general motors, ford, and hyundai are hoping to drive you into buying what they have left of 2013 models so you can expect some aggressive deals. cadillac offering discounts on all models. gmc offering $5,000 off certain sierra models. also, don't feel like you have to get out to the mall in a frenzy this friday because prices are almost always better in december. on clothing and seasonal items in particular, those can be priced lower in the second week of december. and if you decide you want to stay home, you're going to have a lot of company. forrester research says online holiday sales are expected to rise an astonishing 15% this year to nearly $80 billion in november and dece

brooke. >> christine romans, thank you. while we're on it, let's talk shopping. it's time to get you ready for black friday. we're about to clue you in on some of the very best deals out there. we'll find out what you should wait to buy if you want the best price. this is brad wilson. it is his job to know how to get a bargain. brad is founder and editor in chief of bradsdeals.com. brad wilson, welcome. you're everyone's best friend today as we want to save our pennies, nickels, and dimes here. before we get into the nit nitty-grit nitty-gritty, tell me, are there many bargains to be had this year? >> this is one of the strongest black fridays i have seen. so absolutely. >> that's good news. let's talk about the deals, let's talk about some of the most popular items listed on your website, bradsdeals.com. for example, the kitchenaid mixers are a hot item this year. who has the deals? >> the best deal at kohl's. they have put their black friday deals online in advance. you get a five-quart mixer for $143 online. >> that's awesome. the next item i kind of want for

joining us now, business correspondent christine romans. is there something that is worth standing in line already, now for black friday? >> i say no but that guy in that picture in akron, ohio, jona, he's standing in line for a television. this is happening in stores. that's a best buy. it's happening at stores across the country. the reason there aren't a lot usually of quantity of each store so people want to make sure they get it first. black friday is -- brown thursday, cybermonday. already friday, this week, you're going to start to see the walmart deals roll out. already it has begun. does it pay to wait in line in a ten the? i say no. the deals are already happening now. >> if the deals are happening now, then help us out. what is the good stuff to get and when? how can you work this to your advantage. >> this is confusing. there will be a lot of stores open on thanksgiving as early as 6:00 in the morning. the folks at deal news say smartphones, hgtvs, gaming items are the best deals on thanksgiving. black friday, laptops, computers

i'm christine romans. >> i'm john berman. carol costello is off today. >> we're going to have more on the jfk remembrances later but first a 22-year ban nowti

christine romans she was up late reporting on the news and she is here with us this morning. >> i was reporting on the band of little people running through my neighborhood. october is over! it was an awesome month for stocks. rocktober for your 401(k), boys and girls. the s&p gained almost 5% last month and dow added 3% and both are near all-time highs. what could stop this? well, if the fed ends its bond buying program, its stimulus before the economy is healthy enough to stand on its own that could stop it. no question the fed is a huge reason the stocks have done so well this year when stocks barely moved when they failed to extend the stimulus measure last week but maybe we me more to keep this rally going. futures are up this morning. government calling in the big guns. healthy.gov is a disaster and the government is calling in help from employees from google and oracle are joining the tech surge to fix the site after the site crashed two times this week. kathleen sebelius said the website has cost $174 million so far and more probably to fix it. >>> starting today $5 billion is

they're never as exciting as we hoped they're going to be and yet christine romans and you go on record every day to say we're breaking records left, right gronk happy holidays to you. a virtual kiss. >> back at you. >> the an sweetheart, i'll see you later. thank you, everyone, for watching. it's great to have you with us on this holiday. we have a lot more to tell you throughout the day. "around the world" starts right "around the world" starts right now. -- captions by vitac -- www.vitac.com >>> they lined up. they camped out. and they rushed into the stores across the country. all for a deal. oh, yeah, it's black friday, the biggest shopping day of the year. >> black eye friday in some places. it's not just happening in the u.s., by the way, deals being offered in other countries, too. take the united kingdom, for example. we also saw some pretty frenzied shopper dozen anything they could for a discount there, as well. >> this is an around the world black friday. i'm hala gorani. suzanne is off today. >> i'm michael holmes. thanks for being with us. we are now 12 hours into black fr

i'm christine romans. we have come a long way, but we have a long way to go. it is all in the eye of the beholder. first, put on your rose-colored glasses. your 401(k) is on fire. the index touching new milestones. look through the broken glasses. only half of america is invested in stocks. what happened when the federal reserves does

christine romans, thank you very much. one more thing i want to show you. take a look at this. this is a rare behind the scenes look at atlanta's airport. they got a look at everything from security to the actual tarmac itself. you have to read this, you have to click on the video. cnn.com/atl24. >>> coming up, we are watching to see the president in hollywood. he'll be speaking live from dreamworks. we'll tell you why he chose this particular major movie studio to make remarks on the economy. live pictures there in glendale, california, as we watch and wait. >>> also, just in to cnn, just one week after msnbc suspended alec baldwin over a homophobic rant against a member of the paparazzi, we are now hearing whether his show is coming back on air. the inside scoop, next. ♪ humans -- we are beautifully imperfect creatures, living in an imperfect world. that's why liberty mutual insurance has your back, offering exclusive products like optional better car replacement, where, if your car is totaled, we give you the money to buy one a model year newer. call... and ask an insuranc