Are CBS, Viacom Nearing a Media Reunion?

The University of Michigan Consumer Confidence Index reached an 8-year high, benefiting retailers as gas prices dropped and job growth increased. Despite this, stocks like the S&P 500 and Dow Jones fell by 1%. The Senate is debating a $1.1 trillion spending bill, facing opposition from both parties, with a deadline to avoid a government shutdown. Oil prices are under pressure due to weak demand and strong supply, affecting economies of oil-producing countries. Time Warner's Jeff Bukas speculated on potential media mergers, including CBS and Viacom, which could reunite after splitting in 2006.

What factors contributed to the University of Michigan Consumer Confidence Index reaching an 8-year high?

• Rising gas prices and job losses

• Falling gas prices and job growth

• Decreased consumer spending

• Increased taxes and inflation

What is the main concern of Democratic Senator Elizabeth Warren regarding the spending bill?

• It increases taxes

• It reduces military spending

• It rolls back part of the Wall Street Reform Bill

• It supports President Obama's immigration plan

What is the deadline for the Senate to pass the spending bill to avoid a government shutdown?

• Saturday

• Friday

• Monday

• Sunday

What is the International Energy Agency's prediction about the oil market?

• Both demand and supply will be strong

• Both demand and supply will be weak

• Demand will be weak and supply will be strong

• Demand will be strong and supply will be weak

Which companies are speculated to be considering a merger according to Time Warner Chief Jeff Bukas?

• CBS and NBC

• CBS and Viacom

• Viacom and ABC

• NBC and Time Warner