Facebook to take on Netflix, HBO with original shows

Stocks (^DJI, ^GSPC, ^IXIC) are are recovering ground from yesterday’s sell off, with the financial sector (XLF) leading the way up and consumer discretionary (XLY) lagging but still in the green. Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange.

To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance’s Rick Newman and Thomson Reuters correspondent Bobbi Rebell, author of “How to be a Financial Grownup.

Facebook wants to create its own shows

Watch out Netflix, Facebook wants to create its own original shows. According to an insider at the social media giant, users will be able to tap the app’s video tab and watch “scripted, unscripted, and sports content.” Facebook already pays certain publishers for exclusive content, and Mark Zuckerberg has made video a centerpiece of the company’s long-term strategy.

Watch out for this gift card scam

Retailers expect to sell $27 billion in gift cards this holiday season—but buyer beware. Consumer Reports points out that hackers are taking cards off store racks and scratching off the strip on the back of the card to get the security code. The upshot: you may end up putting cash on a card that goes right into the hacker’s hands.

The best and worst airports in America

‘Tis the season when many Americans fly home for the holidays or take flights to somewhere warmer. Wherever you’re flying, you have to deal with airports, and J.D. Power is out with its list of airports with the highest and lowest satisfaction ratings. And those of us in the New York area have the two worst: LaGuardia and Newark Liberty.

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