Anchored by Jake Tapper, The Lead airs at 4pm on CNN.
The latest reporting on the Oklahoma tornado.

money lead
Google is going gangbusters, recently unveiling new products like a music streaming service and a revamp of its e-commerce technology "Google Wallet." Apple, the tech giant that once led the pack, suddenly finds itself accused of losing its innovative edge. Wall Street's love affair with Apple has cooled, its stock is down 40% from last year's high.
But there is no question that Apple still dominates, said The Street's Rocco Pendola.
"I've spent more money on Apple products than I have on my wife and my kid," said Pendola.
FULL POST
money lead
The next phase in Google's plan for world domination is your wallet. The internet giant unveiled an exciting new update to some old technology, making it faster and easier to exchange money using a virtual wallet. That could spell big trouble for PayPal, one of the founding fathers of online payment.
CNN's Erin McPike reports, in the video above.
money lead
Expensive television commercials may soon be a relic of time gone by, because web savvy consumers may produce the next iteration.
"A big budget TV spot can be a few million bucks, or way more than that, and shooting a Vine is free, posting a video on YouTube is free, it's inherently a lot cheaper than the traditional model," said Mike Shields, digital editor at AdWeek.
Many have already seen the genius behind Dorito's fan-sourced Superbowl ads.
But now, promotion for the people, and by the people, is going mobile.
Check out this creative video of CNN's "The Lead's" logo. It was created by 23-year-old Khoa Phan, the reigning king of viral videos on Vine, Twitter's new video-sharing app.
"The process usually is just, you know, go through brainstorming, sketch the rough idea, I try to plan the frames out, and then I put it all together," said Phan, who said it usually takes a few hours to create his stop-animation videos.
FULL POST
money lead
Credit agencies that rate Wall Street's big banks were blamed for playing a pivotal role in the financial meltdown, but those agencies are still being paid for their work by the very banks they rate. That was one of the root causes of the financial crisis of 2008, according to a bipartisan Senate subcommittee that investigated the crash.
Senator Al Franken, D-Minnesota, wants to stop what he calls this "pay to play" rating system. He is meeting with the Security and Exchange Commission Tuesday to discuss credit rating reform, and the problems with "rate shopping."
"Let's say an investment bank created a financial product, say, subprime mortgage-backed securities and they wanted to get a rating on that. So, it would go shop its two different credit rating agencies and make sure that they got a AAA, whoever they picked would give them a AAA," said Franken. "It was sometimes unspoken, but the credit rating agencies knew that they wouldn't get the next gig if they didn't give a AAA."
FULL POST
money lead
YouTube may have found a way to put a price tag on watching a guy freak out over a double rainbow. The website is reportedly getting ready to launch new premium channels to compete with services like Hulu and Netflix.
According to a report in the Financial Times, YouTube could launch a pay-per-view model for some of its channels as early as this week, with subscriptions starting at $1.99/month.
FULL POST

