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Anchored by Jake Tapper, The Lead airs at 4 p.m. ET on CNN.

Anchored by Jake Tapper, The Lead airs at 4 p.m. ET on CNN.

On the Next Episode of The Lead

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money lead

June 20th, 2013
06:46 PM ET

Columnist: Facebook has become a Twitter copycat

"Anything you can do, I can do better." That pretty much sums up the technology war going on right now between Facebook and Twitter.

Facebook revealed a new upgrade to its photo-sharing app Instagram Thursday, which now lets users record short, 15-second videos on their phones that they can then share instantly with friends.

The new feature bears a striking resemblance to the Vine app, which was recently acquired by Twitter. The main difference is that on Instagram's app, the videos are a little longer and users have filter options.

"It is a copycat," said Rocco Pendola, columnist with The Street. "It's like you did the 6-second thing, so we're going to do the 15-second thing. We're going to let you edit it a little bit more."
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money lead

June 20th, 2013
06:08 PM ET

Steps you should take when the markets plummet

Wall Street's worst day of 2013 was Thursday. The DOW took a swan dive, dropping 353 points, after already dropping more than 200 points Wednesday.

All this after Chairman of the Federal Reserve Ben Bernanke merely hinted that the government was going to taper off the stimulus money it pumps into the economy sometime in the near future.

"Every time the market thought that was going to stop, stocks started to sell-off," said CNN's Erin Burnett. "Stocks have really become addicted to this free money that Ben Bernanke has been pumping into the system."

For Americans who have investments, the market drop may spur some to action, which would be unwise, said Fortune Magazine's Andy Serwer.

"A lot of times people tell you to sit tight and it's very hard to do, but I really think this is a sit-tight moment," said Serwer.
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politics lead

June 20th, 2013
05:32 PM ET

Stop Hillary effort launches

Washington (CNN) - Just as support starts piling up for a second Hillary Clinton presidential campaign, the opposition forces are marshaling their resources to keep up.

Pro-Republican Super PAC America Rising is launching a fundraising effort today as their answer to the growing tide of support for Clinton. The PAC has a brand new site, StopHillary2016.org, a one-stop shop for Clinton haters.

And they're blasting a series of e-mails to randomized groups of donors to solicit money for the cause.

One draws on the lessons learned by Mitt Romney's failed presidential campaign. The PAC's chairman, Matt Rhoades, had managed the Romney campaign in 2012. He writes in the new fundraising note, "President Obama started his reelection campaign on his first day in office. I saw firsthand how big of an advantage that four year head start gave him in 2012."

He goes on, "We can't allow that competitive advantage [to] occur again."

The second begins by saying it's no secret Clinton is preparing another bid and explains the organization "was formed to prevent Americans from ever having to see another Clinton in the White House or suffer through 12 years of Democrat rule."

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