March US Trade Deficit $40.42B
Airtime: Wed. May 12 2010 | 8:30 AM ET
The March trade gap is at its highest since December 2008. CNBC’s Rick Santelli and Steve Liesman parse the data.
Airtime: Wed. May 12 2010 | 8:30 AM ET
The March trade gap is at its highest since December 2008. CNBC’s Rick Santelli and Steve Liesman parse the data.
There is an 80% or more chance the euro zone will lose members within the next two years, Erwin Grandinger from EPM Financial Services Group said citing the group’s clients. He added that part of the problem is having no direct communication between politicians and the markets.
Mohamed El-Erian, CEO and and co-CIO of Pimco, discusses the Fed’s “new normal” with CNBC.
Morgan Stanley CFO On The Economy
Mr. Lamar McKay, BP American president and chairman, offers his opening statement to the senate Committee on Energy & Natural Resources regarding the Gulf oil rig explosion and subsequent spill.
FOMC keeps federal funds rate in zero to 0.25 percent range, with CNBC’s Hampton Pearson.
Breaking news on the state of the labor market and inflation, with the CNBC team.