President Obama Comments on McChrystal
Airtime: Wed. Jun. 23 2010 | 1:43 PM ET
President Barack Obama says he accepts General Stan McChrystal’s resignation with regret and nominates David Howell Petraeus to replace him.
Airtime: Wed. Jun. 23 2010 | 1:43 PM ET
President Barack Obama says he accepts General Stan McChrystal’s resignation with regret and nominates David Howell Petraeus to replace him.
Discussing whether America is letting the rating agencies off the hook, with Bill Gross, PIMCO.
“Letting Greece down would have been similar to the mistake of letting Lehman Brothers down at the time,” Hungarian Prime Minister Gordon Bajnai told CNBC Friday after a deal was reached to backstop the country’s debt
Greek GDP fell by 1.5% in the second quarter against estimates of a 1% drop and unemployment continued to increase in May, data showed Thursday. Anke Richter from Conduit Capital Markets has analysis.
Roubini on the Economy
US consumer spending rose by less than expected in September as income fell for the first time in 14 months. CNBC’s Rick Santelli delves into the data.
The currency wars could come to a head this weekend at the G20 summit. Arnab Das, managing director of market research and strategy of Roubini Global Economics, and Lauren Rosborough, senior currency strategist at Westpac, discuss the outlook.