VIDEO: Pentagon Said to Seek 20% Cut in U.S. War Funding to $51B

Jan. 8 — The Pentagon will request about $51 billion in war funding for the fiscal year starting Oct. 1, a 20 percent reduction from the $64 billion Congress approved this year and the least since the Sept. 11 terrorist attacks, officials and congressional aides said. Julie Hyman reports on “Bloomberg West.” (Source: Bloomberg)

VIDEO: Wall Street Eyes Inflation Drop on Energy Rout

U.S. stock futures slipped Friday, with equities on pace for their first weekly decline since October amid a continued drop in oil prices. WSJ’s Emma Moody reports. Photo: Getty

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