"your money" which starts right now. we will see you at the top of the hour. good-bye 2013. hello, 2014. we are looking at an improving economy and it just may be the year of the woman. i'm christine romans. this is "your money." you have seen the signs, in case of emergency, break glass. women are shattering the glass ceiling. it is all in the eye of the beholder. let's look at this through rose colored glasses. women reaching new heights. mary barra. the first woman to head the american automaker. janet yellen. in congress, senator patty murray proved bipartisanship is

not dead. in the notorious boys club like marissa myers, she has broken through. and pew research finds women ag ages 25 to 34, makes 93 cents to every $1 for men. for all workers, women earn just 84 cents to a man's dollar. maybe this is more 2045 is the year of the woman. let's be clear. women holding only 16.9% of corporate board seats. and 14.6% of chief executive officer positions. the numbers with slightly better in congress. 20 female senators. in the house, 78 female representatives. that is 18%. then there's the pantene ad.

the shampoo. went viral after cheryl samberg tweeted it. ♪ all around me are familiar faces ♪ ♪ worn out places worn out faces ♪ ♪ bright and early for the daily races going nowhere ♪ >> it goes on like that for another 40 seconds. men are bosses. women are bossy. men are persuasive. women are pushy. carli is the female leader of the charity organization 360. she ran for senate and advised john mccain in his presidential run. we have the host of crossfire. two women with experience.

carli, the women are battling the labels in the workplace. under represented on boards in the corporate suite. why? >> it is a great question. not because they are unprepared. there was a time when women need time to gain enough experience to serve in those jobs. that is clearly not true. it is not because of a lack of education. women are receiving more education now than their male counterparts at the under graduate and graduate level. i think now we're at something more profound. that is that people are more comfortable with people like them. it is just human nature. so we just need more practice at this. we need more women in more positions so we stop treating women differently. we still do. we talk about them differently. we scrutinize them differently. we criticize them differently. women represent half of the population. they clearly have, we now know, the experience, the brain power and education, to hold half the jobs. >> all right.

this is also something that republicans are talking about, too. they want to close this gender gap among voters. listen to what house speaker john boehner said recently. >> you look around the congress and there are a lot more females in the democratic congress than republican congress. some of our members just aren't as sensitive as they ought to be. >> moderate republicans like olympia snow have left. does the gop have a problem with women? >> the short answer is yes. it is reassuring that republicans are going to put themselves through sensitivity training, unless they have real live women leading those training sessions, i'm not sure they will get the message. as a republican and conservative woman, i can promise you, there are messages empowering for

women. it is possible to get women voters to come over. i think democrats have overreached a little bit in the message of victimhood. the war on women message, i think, will fall a little flat. why? you just laid out how women have been shattering the glass ceiling and how pay gap is diminishing. there are so many celebrations for women, both the culturally and politically. i don't know the message of victimhood is going to help democrats, the way it did, in previous years. republicans have got to offer up empowering messages that go along with their empowering policies and explain to women why we have the solutions to some of their problems. >> it is interesting. policies and messaging of policies. those are two very different things. carly, during the government shutdown, women senators were instrumental in driving the compromise. research shows women in

management are good for company's bottom line. we have seen that again and again. is there something fundamentally different about the way women lead? >> let me just expand on the research you are talking about. the research goes beyond that. we know that when women get engaged in problem solving, no matter what the problem, disease and conflict or budget reconciliation. things get better. the data is crystal clear. the facts are all there. i do think women tend to approach people with attempt and desire to find some common ground. women don't necessarily go first to confrontation. they go first, generally speaking, to collaboration. there are always exceptions to this rule. it is why i think women are natural leaders. just to s.e.'s point, the democratic party has made one terrible mistake. that is, although, they are

doing much better with single women than the republican party is, anyone who assumes that a woman is a single issue voter is downplaying that woman's capabilities. women make move the decisions in the family about health care and education and women balancing the checkbooks. in my house, my husband balances the checkbook. that is the exception. women care about all of these issues and women we know from the research in this country and round the world, that women think outside of themselves. they think of the health of their families and health of their businesses and health of their communities. not just their own self interests. >> we have the most dominant figure in politics. hillary clinton. s.e., the democratic nomination. now a stretch -- america's first woman's president. she could be in danger of become

the next mitt romney, why? >> it was interesting. she appeared at the meeting of goldman sachs executives. she said don't worry, i'm not here to banker bash. that era is over. banks are not all bad. that is not a wrong message. politically, it is a dangerous message for her. it doesn't jibe with the progressive anti-bank of the democratic party she will have to move left toward if she wants to have a successful presidential campaign. it is a bizarre ground for her to stake out just now. >> i'll tell you something that i think is interesting, we don't have a year of the woman, we know it is the year of women. >> exactly right. >> we keep trying to label the years as year of the woman. not yet. year of the woman comment. s.e. and carly, thank you. coming up, most women hold

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all right. slowly, women are breaking through the glass ceiling in more industries and the pay gap is narrowing especially among millanials. in the 1950s, june cleaver. women decided how to spend money and where the money goes. managing the portfolio is the husband's job. 42% of women say they are uneasy

about taking on the risk. we are on a crusade to change this. she is the ceo and founder of invest.com. she is also the author of financially fearless. welcome to the program. so nice to see you. two stats that your team sent us that really explain a lot. 95% of women control the financial decisions made in the households. 86% of women believe they are unable to choose financial products. why? >> so, i love talking about this. obviously trying to change it. in general, women are the chief household officer. they are making the spending decisions and sending kids here and there. travel, everything. when it comes to picking products, insurance and thinking about your portfolio, we have never been educated. we are not taught in high schools or colleges across the country. as you just said, we see that it tends to be something that men used to deal with. men manage budgets.

it is time to change that. >> men are not taught these things in high school either. are they getting it by osmosis? >> women may be less comfortable doing it. no one out there is really great when it comes to tackling their finances. figuring out a financial plan. it has not been accessible. >> i say it is gender unspecific. we all need to do a better job. women can be better investors than men. especially not wanting to take on a lot of risk. sometimes that can help you. >> particularly women when it comes to investing tend to be better investors because they are more thoughtful in decisions. one they make a decision, they buy and hold. men tend to trade more. we do find that women are better long-term investors. >> this is the time of year when they overspend and overeat and then you fall off the financial resolution. i like to use birthdays as a better tool. this is not the time of year to

try to tackle a new financial you. what is the trick to tell somebody this time of year to think 2014, i'm going to get it together. >> the most important thing is i'll take the first step. that is yes we offer a free financial check up on the phone. we can tell you three things you should be on track for whether or not you are on track. take the first step and we take it from there. you have it put your hand up. "financially fearless." you have to rip the band aid off. none of us were ever educated on it. if you don't feel comfortable, it is okay. >> there are people who don't have enough money to save or invest. >> when you have less money, that is critical to have a financial plan. if you have a lot of money, you still need a plan, but you are probably in a better position. financial planning is for everyone. we are here to say it is not a luxury product. it should be a mass consumer product. >> make a new year's resolution if you must.

at the very least, check it out. thank you so much, alexa. she may call herself a nerd, but marissa mayer is the highest paid ceo under 40. that's next. we r all this? natural gas. ♪ more than ever before, america's electricity is generated by it. exxonmobil uses advanced visualization and drilling technologies to produce natural gas... powering our lives... while reducing emissions by up to 60%. energy lives here. ♪ to buy an all-new silverado. this interior is incredible! the nav is perfect for my long trips up north this time of year. how far up north? akron. akron's nice. mm.

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how's this for a vote of confidence? yahoo! stock is up almost 160% since marissa mayer became ceo last july. she's changing silicon valley and breaking stereotypes as she goes. here's a look at the business of

being the most talked-about woman in tech. flashy acquisitions, a debate about women having it all, and a buzzed-about "vogue" spread, marissa mayer has put yahoo! back in the spotlight. she's the highest paid executive under 40. she earned $36 million, including stock options. she was google employee number 20, the first female engineer. >> my first five years at google, i pulled an all-nighter in the office at least once a week. >> she's credited with the clean look at google and overseeing gmail, google maps and the search page. when yahoo! came calling in july 2012, she became the president and ceo of a company in turmoil, the fourth leader in less than four years. >> i knew the job would be hard. >> and the first fortune 500 ceo to take the job while pregnant. that sparked nationwide debate about women having it all. critics appalled when she took

only two weeks of maternity leave and then worked from home. >> the baby's been way easier than everybody made it out to be. >> she upgraded yahoo!'s policy, six paid weeks for moms and eight weeks for dad. following google's lead, gave the employees free food. >> yahoo! is a fun place to work. >> but she wants work at work, no more working from home. mayer has given them a new home page, and new talent like katie couric, and led yahoo! in two dozen start-ups, including the acquisition of tumblr. one of the most powerful women in business, she's worth an estimated $300 million. >> it's god, family, and yahoo! in that order. >> fashion not in the top three, but something she's now known for, she's appeared in an eye-catching two-page spread in "vogue" and reportedly paid $60,000 at a charity auction to

have lunch with oscar dela ren tachlt she lives at the top of the four seasons, the business of being marissa mayer is rewriting the code for women in tech. up next, women in the workplace, and men in the home? who earns more? i do. [ laughter ] >> by a wide margin. >> working moms and stay-at-home dads, how they're redefining work-life balance. it's donut friday at the office. and i'm low man on the totem pole. so every friday morning they send me out to get the goods. but what they don't know is that i'm using my citi thankyou card at the coffee shop, so i get 2 times the points. and those points add up fast. so, sure, make me the grunt. 'cause i'll be using those points to help me get to a beach in miami. and allllllll the big shots will be stuck here at the cube farm.

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♪ 4 in 10 u.s. households with kids include a mother who is the sole or primary earner for that family, and that's leading many couples to rethink who's doing all of the landry, carpooling and homework help. poppy harlow joins me. >> this is a phenomenon we've been seeing happening, but happening more and more now as more and more women become the main bread winner. and we met up with a few dads who are happily taking on the new responsibilities. who earns more? >> i do. [ laughter ]

>> by a wide margin. all right welcome to life with the weddies and the landries. >> i'll see you tonight. >> i'm ute the door by 7:45 and on my way to work, and that's when dave takes over full time. >> tired, hungry, and a messy diaper. >> reporter: professional stay-at-home dads and the working wives. did this take mental adjustment and deriving your worth from something other than your job? >> yeah, there would be days when i'd be at the supermarket amongst all of the other moms shopping, and i'm thinking, hmm, i'm home, they're home, i should be working, but i'm with my kid. what do they think of me? >> reporter: nearly 40% of married, working women in the u.s. now out-earn their husbands, a trend that's been steadily increasing since the late 1980s. that, despite the fact that women working full time still earn a median wage lower than men. >> women are on track to become

majority bread winners in families where women work, and most women do work. if we keep going at the same rate, by 2030, a majority of working wives will out-earn their husbands. >> reporter: liza mundy is the author of "the richer sex." >> long-term structural changes in the economy are favoring women. >> reporter: the pill, the education, and the man-ces sion. today, 57% of college students are women, and more women are getting masters degrees and ph.d.s than men, which is translating into higher-paying jobs. do you think we're seeing a societal shift here, something pretty dramatic? >> i think so. it's just the -- you know, the recession put a lot of people out of work, and it gave women the opportunity to say, look, i've gone to college, i've, you know, i have the degree -- i can do this, i'm going to prove myself. and men now have to prove to

themselves, to the world, that they can -- anyone can stay at home with their kids. >> i think the recession also taught people that your job doesn't define you, and if you do, it will crush you. >> reporter: does this mean the downfall of men in. >> it by no means is the downfall of man. it's a real liberation for men in terms of not being trapped by the job that you hate, that you feel like you had to take to support a wife and children. >> the best part i still get to enjoy being a litigator as well as being a mom. >> i'm really genuinely honored that he has the ability to do this. >> absolutely. you know, we first spoke to the landrys 18 months ago and we caught up with them. they're doing great. the landrys are owning their own home, so congrats. brett told me he couldn't be happier with their arrangement. as for the weddy family, david weddy is a stay-at-home dad, and they're doing well.

the second child, may be down the road, but they're busy with the 2-year-old. dave said the stay-at-home group has grown exponentially since we first met them. >> how great to have a cfo at home, who is running things, handling it all. >> absolutely. >> it's never really 50/50, and then 75/25, and the ability to go back and forth and share like that. >> if you can do it, in a lot of cities, you can afford to not both work, but in some places you can, or if some people have high-paying jobs, you can. >> and child care. you look at how much it's costing for child care, both parents work, and sometimes you make that tradeoff. thank you, poppy. thank you for starting your weekend with us. coming up at 2:00 p.m., we'll ring in the new year by counting down the 22 biggest moments in business. number four, the government shutdown, 16 days, causing bills in economic damage. number three, healthcare.gov,

going from glitchy to catastrophe. jpmorgan mays $14 billion. what's number one? tweet me to see if you know what it is, and find out for sure at 2:00 p.m. eastern on an all-new "your money." target says your debit card p.i.n.s are safe and secure, but it admits the data was stole indian a massive security breach. what to do if this happened to you. a difficult rescue operation at the bottom of the earth as other vessels try to reach a ship trapped in the antarctic. what's the problem? ice, and more ice. and a massive fireball lights up the sky across several midwest states. was it a chunk of rock, a chunk of ice, maybe burning space junk? we'll take a closer look.