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Shares of Alcoa Unchanged After Posting 3Q Loss

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    FBN's Robert Gray with news that Alcoa shares have changed little after posting a third-quarter loss, plus a closing market update.

  • Duration 0:54
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I'm Robert -- with your Fox Business -- President Obama has a new chief of staff bill Daley says he resigned to spend more time with his family and that it was the right decision.

Daily will be replaced by chief of staff Jack Blum thought Charlie Gasparino has been reporting since last September on how unhappy daily -- in the posts.

Consumer borrowing rose in November by the most in a decade Americans use their credit cards more this holiday season pushing consumer borrowing 10% higher.

According to the Federal Reserve the level of consumer credit now since -- two and a half trillion bucks.

And a Royal Bank of Scotland is set to announce up to 4000 investment bank job cuts this week.

That's according to Dow Jones the news is expected on Thursday.

And now we continue our countdown to the closing bell with Cheryl Casone.