After President Obama's news conference today, he moved on to a meeting with the CEOs of a number of big corporations to talk about avoiding the fiscal cliff. We're going to talk now with one business leader who has advised the White House in the past, although he was not at today's meeting. Gary Loveman is the CEO of Caesars Entertainment, the worldwide casino company. He's been a member of President Obama's export council, and he's also part of the Fix the Debt campaign. Welcome to the program.
Anti-austerity demonstrations took place across southern Europe today, from Portugal to Greece. Large crowds voiced anger over budget cuts imposed by their governments or by multinational financial institutions. This is the first time that austerity protests have been coordinated across European borders.
Millions of U.S. families have a recent foreclosure on their record. Typically, that means waiting at least seven years before securing another home loan. But some families say they are having luck buying again — sometimes in as few as three years.