May New Home Sales Tank
Airtime: Wed. Jun. 23 2010 | 10:00 AM ET
The Commerce Department said sales dropped a record 32.7 percent with CNBC’s Rick Santelli & Diana Olick.
Airtime: Wed. Jun. 23 2010 | 10:00 AM ET
The Commerce Department said sales dropped a record 32.7 percent with CNBC’s Rick Santelli & Diana Olick.
The euro will remain weak “for a while” because the European Union will have to bail out Greece, Bob McKee from Independent Strategy told CNBC Monday. Michael Browne from Sofaer Global Research and Alan Miller from Spencer-Churchill Miller Private joined the discussion.
It’s very important for the Chinese economy to maintain its stable trajectory. A stable growth path for the Chinese economy is good for global growth, Andrew Sheng from China Banking Regulatory Commission said Friday. The fiscal stimulus has been very positive. Growth has come back but uncertainties remain, he added.
Everybody is so bearish about the euro that it looks like now is a good time to buy the single European currency, Jim Rogers, chairman of Rogers Holdings, told CNBC Thursday. The only big bull markets Rogers sees in the next decade is commodities and he suggests having real assets such as cotton, silver and natural gas for protection in these markets.
Why BP’s cleanup and claim costs will stretch over next several months, with Carl-Henric Svanberg, BP chairman & CNBC’s Maria Bartiromo.
Flying through an economic storm, with David Sokol, MidAmerican chairman.
June saw a loss of 125,000 jobs, but the jobless rate fell to 9.5%. The CNBC news team parses the data.