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t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>>> "nightline" continues fro new york city with juju chang. p >> yo>> you know >> you king kong's girlfriend. ap and naomi watrand naomi reaching new heights in hollywood with a career built on gutsy performances. her latest movie conjures up the epic title waive, but for one family on vacation, the tsunami of 2004 was a test of survival and the fierce determination of a mother's love. abc's bob woodruff talked to naomi watts for tonight's "nightline" interview. >> reporter: it started out as an idyllic vacation for a young family on the west coast of thailand, a mother and father played by naomi watts and ewan mcgregor and their three young sons. but the holiday soon turns to a living held. and an epic fight for survival in the most devastating natural disaster in modern history. it was december 26th, 2004, when a giant tsunami swept acro

t. rowe price. invest with confidence.equest a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. "nightline," tragedy at sandy hook. >> reporter: the search for solutions continues with cindy mcfadden. >> it may have take then loss of 26 lives at sandy hook elementary to blow up a long overdue conversation about guns but for michael bloomberg it is the 34 lives lost to guns every day in this country that fuelled his decades long crusade. he said it is time for president obama to take actions and for the nra to get out of the way. >> columbine. >> virginia tech. >> today the call for tougher gun laws got some star power. an a-list of hollywood celebrities teaming up to release this new video. >> demand a plan. >> right now. >> have people been coming up to you on this issue? >> oh, yeah. >> this is the man behind it, new york city mayor bloomberg, more determined than ever in his fight against gun violence. his number one target the nra. >

t. rowe price. invest with confidence.equest a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. challenging times. that's next on fox news headquarteris. us. >> governor workers are workg less and costing us more. during a typical workweek, sector employees work 41 and half hours and government rkers only clock in 38 and half. estimate shows that governments coulsave 130 billion if the employees work the same number of hours as those in the private sector. wayne, you say get to work? >> when you add tt up. you say 41 and halfnd 31 and half. but that is almost a month . the other thing the government is in competition with the same workers you are . it comes back to the thing in the first segment; if you are compeating with the gover

t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] every time you say no to a cigarette you celebrate a little win. nicorette gum helps calm your cravings and makes you less irritable. quit one cigarette at a time. >>> this special edition of "nightline" continues from new york city with bill weir. >> not columbine, nor virginia tech, nor the gaby giffords shooting that took six lives in tuscan had much effect on the gun debate if this country. but there is nothing like the slaughter of 20 first graders to help people focus on an issue. many on both sides of the second amendment debate wonder tonight if this one is big enough to actually change the big business of guns in this country long-term. darren rovell found some interesting early indications. >> reporter: at a gun store in san gabriel, california, just outside of los angeles, business was brisk today. customers buy

t. rowe price. invest with confidence.equest a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] every time you say no to a cigarette you celebrate a little win. nicorette gum helps calm your cravings and makes you less irritable. quit one cigarette at a time. >>> it may have taken a tragedy of the sandy hook magnitude to thrust the gun debate into the national spotlight, but with president obama's promise to take action today, it seems that real change could be on the horizon, but what will washington do and how quickly? here's abc's jake tapper. >> reporter: five days after the horrific attack at sandy hook elementary school, the president fleshed out what he meant when he pledged to the citizens of newtown meaningful action. >> i will use all the powers of this office to help advance efforts aimed at preventing more tragedies like this. we won't prevent them all. but that can't be an excuse not to try. >> reporter: b

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t. rowe price. invest with confidence.ectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> this is a live television feed from inside the white house. we are told the president will address the country shortly on the fiscal cliff. as we await what will be presumably a market address, let's start shuffling through where we are in a moment. we kick off with mary thompson on the floor of the new york stock exchange. mary? >> john harwood has been reporting throughout the morning and gifting lift throughout the day, the dow off 54 points and we are seeing gains in material stocks and also tech stocks getting a nice bid into today's session. you can see the gyrations in the broader market reflecting different headlines we've seen coming out of washington throughout the morning. taking a look at the chart of the s&p, i'm just pulling that up for a couple of reasons. we are heading into the month that the s&p is down for the month of december and do

t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] every time you say no to a cigarette you celebrate a little win. nicorette gum helps calm your cravings and makes you less irritable. quit one cigarette at a time. me a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> this special edition of "nightline" continues from new york city with bill weir. >> not columbine, nor virginia tech, nor the gaby giffords shooting that took six lives in tuscan had much effect on the gun debate if t

t. rowe price. invest with confidence.a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> announcer: "nightline" continues from new york city with terry moran. >> you when it comes to have very human problem of keeping the love alive in a relationship, it might seem strange to turn to an animal for help. yet horse therapy has become a new frontier for those looking to sort out the messy matters of the heart. juju chang brings us one couple's journey to get back in the saddle. >> justin, can you tell danny what you've been through? and notice his reaction as you're talking. >> tell danny? you serious? >> reporter: this man is trying to win back the love of his life, by talking to a horse. >> okay, danny. >> reporter: justin and lyz have been together for nine years. >> justin, look at lyz's reaction. >> but a week ago, they were barely talking to each other. >> justin will do everything except what i'm telling him i need because he does

t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> how about one last look at the accuweather day forecast. thursday will be active at night. we're going to have rain coming through. it will change to snow in the mountains. winter storm watches flying this. bring on the cold stuff for the end of the week and into christmas. >> thank you sue and thank you for joining us. now you have the news edge. we'll see you back here tomorrow night. have a good evening, everyone.   

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t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> schieffer: sometimes in washington it all comes at once-- the good, the bad, the inexplicable. on friday we remembered one of the breast of us at a memorial service for hawaii senator daniel inouye. a true hero who lost his arm in world war ii. one of the last of the greatest generation, a man who came to washington before compromise was a dirt dirty word. the service came on a day when we also saw washington at its worst. the president and congressional leaders leaving town after partisanship again prevailed and they were unable to find a way to stave off what could be real economic chaos. and what other word but inexplicable could one use to describe the news conference called by the national rifle association? inouye's generation will forever be remembered for the common sense, the inner strength that got it through the great depressio

t. rowe price invest th confidence.uest a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. lou: didn't states may lose the status of the superpower by 2030 according to the national intelligence council. united states, other reports suggest would be the first with a shad as it surpasses north america with global power. talk about these implications, john negroponte the first director of national intelligence serving five times as ambassador, agreed to have you with us. starting with the middle east president morsi with those that provoke 78 demonstrations to order the military to arrest civilians. your reaction? >> in demonstration of the precarious nature of the situation in. we cannot see egypt go over the brink. what would happen if for some reason egypt pulled back from the recognition of -- we have a critical role to play in many different ways. >> with the obama foreign policy the way the administrations and has engaged morsi, a

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t. rowe price. invest with confidence. a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. >>> here is a major strike threat you haven't heard about yet. the longshoremen is threatening to strike. and now they are urging president obama to intervene. let's talk to the vice of the supply chain. jonathan that is what will get disrupted. cuts off all manners of stores and businesses. ha is true. >> did you get a response from the letter? >> and you rrnt hoaren't holdin breath. >> it is critical and there is a lot at stake with the way the economy is right now. it is going to be kig cansignif. >> they are recovering from super storm sandy. >> what do they want that the port

t. rowe price. invest with confidence.equest a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> metro's legal claims have jumped because of the deadly 2009 crash. according to the washington examiner, metro paid out $173 million in legal claims in the past five years. the transit agency annual payments averaged around $30 million in 2008 and 2011. payments row to there are 48.5 million. the examiner reports settlement crash that killed nine people will stretch into the current fiscal year. >>> the justice department won't be charging the former cia's mistress with cyber stalking. the pentagon is still investigating to see if broad well mishandled classify information. >>> a former misusa contestant has been ordered to pay $5 million for defamation. miss pennsylvania usa made some excepts about the beauty comments that were false, harmful and malicious. the pageant was rigged and the top 5 finalists were picked beforehand and before t

t. rowe price. invest with confidence.rospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> if you were lucky enough to pick up an la times tonight. you found this. a conservative case for a ban. i was fascinated of course and i grabbed it to read it by larry al llen burns. i had no idea who he was until i read the first sentence which as was kwis quite a grabber. last month i sentenced jar odloughner for his shooting rampage in tucson. judges do not have his kind of communication with the public. so i knew i was holding something extra informatiordina hands when i read this. i knew i was going to hand it over to his judge to make this conservative case as he puts it for a ban. he says that tragedy left six people. the judge said that tragedy left six people dead more than twice the number injured and a community shaken to its core. loughner deserved his punishment but during the sentences i questioned the high capacity magazines like the

t. rowe price. invest with confidence.uest a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ gerri: all right. eleven days is separating as for more than 500 million in tax hikes, and the people here to my left, you are probably seeing when the turnaround, the voting right now on whether to kill the gop spending production bill. that's what's going on. we will be following those numbers for the our. also falling, what will it take for washington to reach some kind of deal? back with me now, i a just and a former commerce secretary, carlos could hear is, and john fine from the national review. i want to talk a little bit about the plan. they make permanent current tax rates for people making less than a million a year, capital gains dividend rates, they get to push levels. right now they don't go up. the permanent patch, a very big deal for many americans, and the estate tax of 35% instead of ratcheting higher. is this an adequate plan

t. rowe price. invest with confidence.uest a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> plan "b," which is the only thing the house of representatives, the republicans in house are focused on right now is a multi-day exercise in futilit futility. it cannot pass the senate. the president would veto it, if it got to his desk. >> the white house said that if i moved on rates, that they would make substantial concessions on spending cuts and entitlement reforms. i did my part. they have done nothing. >> bret: tonight, the house is voting on so-called plan "b." is speaker boehner's plan. series of votes now live on the house floor. this is a vote basically to change the sequestration. to change the pentagon cuts as part of sequestration by slashing domestic programs. that obviously has the house democrats very upset. we are going to get an update on how the votes breakdown. the final vote, which is the important one about the plan t

t. rowe price. invest with confidence.equest a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> good morning and welcome back to "squawk box." here on cnbc. you've got to lost that shot. i'm joe kernen. along with becky quick and andrew ross sorkin. back in we call it ec, englewood cliff, new jersey. i'm in washington with my friend, john harwood. i don't want to pretend there's no bengals, but we are basking. i'm sort of adopting the reskins, rg 3. lawmakers are back at it this morning trying to come to some agreement to avoid the fiscal cliff. senate majority leader harry reid says there's still significant distance between the two sides, but talks are continuing. we'll have more on the fiscal cliff saga in a moment. elsewhere, private equity consortium has struck a deal to buy investment banking firm duffs & phelps for $665 million. as part of the deal, duff & phelps is permitted to seek higher bidders until january 8th. there's a

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t. rowe price. invest with confidence.est a prospectus or summary prospectus with investment information, risks, fees and eenses to readnd consider carefuy before investing. david: ibm the latest in a series of companies redoing their retirement plans in order to save money. lauren: the company's move to contribute only once a year could have big implications for workers. robert gray is on the story in the newsroom. >> hey, lauren, that's right. instead of paying every month or twice the month as the case was at ibm it will now be a lump sum at end of the year. look at disadvantages for the employee in this type of plan. there is no ability to dollar-cost-average. dips at end of the year you won't have the buying power and lose a year's interest. you won't have the money if you leave before december 15th to get the cash out. the one exception, if you retire. they can save on administrative costs and save the money if you do depart before december the 15th. take a look, it is not all that unusual to pay out lump sums annual

t. rowe price. invest with confidence.st a prospectus or summary prospectus with investment information, risksfees and expenses to read and consider carefully before investing. why does my mouth feel dryer than i remember it to be? there are more people taking more medication, so we see people suffering from dry mouth more so. we may see more cavities, bad breath, oral irritation. a drmouth sufferer doesn't have to suffer. i would recommend biotene. the enzymes in biotene products help supplement enzymes that are naturally in saliva. biotene helps moisten those areas that have become dry. those that are suffering can rtainly benefit from biotene. adam: in the mid of all the fiscal cliff frustration there is actually a silver lining. if your knew year's resolution to purchase a house you may be in luck. on again, off again deal may be pushing mortgage rates even lower. average fixed year is.35%, that is according to freddie mac. that may not be the bottom. with me team investments president and founder. we appreciate you be

t. rowe price. invest with confidedence.rospectus or summary prospectus with investment information, risks, feesnd expenses to rd and consider carefully before investing. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride get the mercedes-benz on your wish list at the wint event going on now through december 31st. [ santa ] hoho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local merces-benz deale ♪ gerri: big changes coming to tech giant ibm that may change the way you save for ♪ gerri: tre is the story out there not tting a lot of attention today that you need to hear about, particularly if you care about your retirement. ibm overhauling its retirement program. instead of contributing to its employees 401(k) over time, the company will opt to contribute a lump-sum payment once per year. this may not sound like a big chan, but the move undermines the very idea of retirement savings. look, the attraction of a fox business is the idea that you leveled out what you pay for in investments over

t. rowe price. invest with confidence.s or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. melissa: it is time for a little fun with "spare change." today we are joined with julie he's supposed to be out there right now, but i think he is lost in the building somewhere. so we will start without him. i think he might join us in progress. melissa: to be fair, we did change studios. so it's possible that he is sitting in another studio. he might be drumming his fingers. >> did you purposelyoned to go to the wrong studio? [laughter] melissa: first up, off, there is a selling spree in the hampts. buyers are worried that their capital gains taxes will rise next month. more than 30 big-ticket properties, which is a lot from this ara, from $1 million going to $25 llion will close before the end of the year, reducing asking prices. is this a trend everywhere? is makes perfect sense. you will realize their capital gains. oh, look at who it is. it is dennis kne

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t. rowe price. invest with confidence. a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> >> sean: they are coming for you. that's a mere sample of the left's reaction to the painful defeat. but it certainly doesn't end there. union leaders are resorting to the panic button and resorting to downright dangerous language. we have this from the teamsters president, jimmy hoffa. >> this is just the first round of a battle that is going to divide the state. we are going to have a civil war. >> sean: civil war, hoffa's threat is just the beginning. reverend jesse jackson ark peers to be presenting a massive demonstration. >> these workers in this state must not fight back and draw a line in the sand. i am going to invest a major one-day strike. a major one-day march on washington for jobs and justice. >> sean: the prospectsave civil war, nationwide strike and the death threats leveled at governor rick snyder. one read, i want to shoot gover

t. rowe price. invest with confidence. or summaryrospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ lou: joining us now, the "a-team," author, columnist, former prosecutor, fox news legal analyst, veteran democratic strategist and pollster. let's start with, first, gun control. the president is making it clear, he is going to advance it, as is senator feinstein and others. your reaction? >> i am not a supporter of gun control because i don't want to disarm people who are law-abiding citizens exercisin their second andment rights. that think that having people who are law-abiding citizens have weapons makes criminals scared. that is why criminals go to these gun-free zones like schools and malls because they know that there won't face real resistance. lou: governor perry is goldarn teachers and others? >> i used to be a teacher and school, and i have little t of concern about that. as seen difficult schools and other can be very tense in the classrooms, and i w

t. rowe price. invest with confidence. or summary prospectus with investment informaon, risks, fees and expenses to read and consider carefully before investing. with investment informaon, risks, fees and expenses music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connecti to doctors who get where i'm from. and tools to estimate what my care may cost. so i never msed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >> i'm adam shapiro with your fox business brief. it was a down day for markets with all 10 s&p 500 sectors moving down for the first time in a month. blame the stalled negotiations over the fiscal cliff which grew more heated with political leaders on both sides ramping up the rhetoric but president obama and house speaker john boehner are going to meet at white house in just a

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t. rowe price. invest with confidence.pectus or summary prospectus with investment information, risks, fees and expenses to ad and consider carefuy before investing. ♪ . melissa: well it is definitely appropriate it say concerns over the fiscal cliff have hit a fever pitch but believe it or not doctors could be facing the worst of it. they could be hit by a 29% in medicare reimbursements on january 1st. that is only part of the problem. another part how this turns around and hits you and your wallet. joining me to dissect the impact is dr. marc siegel from the fox news medical a-team. great to have you back on the show. >> good to be back with you. melissa: let's get right to it. i love the numbers. let's break it down. doctors face a 27% cut in pay for medicare patients as part of the formula. >> that is called the sustained growth rate. some genius in 1997 when they put together the balance the budget act, hey, doctors should be penalized if the amount of tests order is greater than the growth of the economy. basically i

t. rowe price. invest with confidence.st a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully investing. >>> haj way brought back 1.2 billion from the stock of an estate from an unnamed investor. this is one day after buffet advocated for a higher tax when the wealthier die. though 120% of book value from 110%, let's look at berkshiurke haj way shares. they are up $4100, sue. in this trading session. >> a perfect stocking suffer, i think for you, ty. >>> thank you very much. inaugural deal book opportunity for tomorrow held in new york city today and cnbc had exclusive access to the like of jamie dimon, blake and mark andresen. hi, kayla. >> hi, sue. we have takes on the morning spesh especially with the all important fiscal cliff. he says he didn't mind when there is gridlock. when the government does something it usually ends up in gridlock anyway. but jiamie dimon says the government has do much. >> we have moral authority around the world. let's just do

t. rowe price. invest with confidence.equest a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> it has become a familiar scene. egyptian citizens flooding the streets demanding their inalienable rights. egyptian president morsi and his muslim brotherhood have no desire to expand the freedom of its citizens. they're about to implement syria law. they're protesting the seizure of unrestricted powers by the nation's islamist president and his draft helicopters substitution. what you're looking at is the worst explosion of protesters since the removal of mubarak. women have no rights, no protection from the government unthe new law. i hear one thing from the usually deafening voices of women's liberal groups. silence. is birth control the only defining issue of the u.s. feminist movement? what a double standard we're now witnessing. joining me now for act for america, the president, briggite gabriel. guys, welcome to the program. thank y

t. rowe price. invest with confidence.uest a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> can't have guns without getting to the second amendment. the issue could end up in the supreme court again. alan dershowitz and cnn legal analyst jeffrey toobin. welcome to you both. jeffrey, i find it very hard not to lose my rag when i interview some of these gun rights people. because the way they express themselves always hiding behind the second amendment, their right to bear arms, which as far as i'm concerned can mean anything. it could mean everyone walking around with rocket launchers. >> but they're winning. they're winning in politics, they've won in congress and they're winning in the courts. this is a more conservative country than it used to be. for 100 years, the second amendment did not mean right to bear arms. >> that's fascinating. explain to me why. >> for a hundred years, the constitution was interpreted to mean, state po

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t. rowe price. invest with confidence.uest a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid incredible 4g lte by htc for $49.99. >> bill: stossel matters segment, as we have reported, it is likely congress will try ban assault weapons in the usa. >> the assault weapon is developed for military purposes, to kill in close combat. and it doesn't belong in the streets of our cities. and it doesn't belong where it can be picked up easily by a grievance killer who can walk in to a workplace, a mall, a theater and now an elementary school and kill large numbers. >> bill: here now, libertarian, john stossel. what do you think about the senator? what do you think about what she's saying? >> i hate these politicians. i hate them making these promises. there ought to be a

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