June Job Losses at -125,000
Airtime: Fri. Jul. 2 2010 | 8:33 AM ET
June saw a loss of 125,000 jobs, but the jobless rate fell to 9.5%. The CNBC news team parses the data.
Airtime: Fri. Jul. 2 2010 | 8:33 AM ET
June saw a loss of 125,000 jobs, but the jobless rate fell to 9.5%. The CNBC news team parses the data.
The CNBC news team parses today’s economic data. Ken Langone, CEO of Invemed, shares his insight and tells CNBC he sees a jobless recovery ahead of us.
Bernanke on Monetary Policy, State of Economy 2.24.10, Airtime: Wed. Feb. 24 2010, Federal Reserve Chairman Ben Bernanke delivers his opening statement at a Congressional hearing on monetary policy and the state of the economy.
The problems banks have with mortgages will take a long time to be solved and bank stocks are not attractive despite the recent drop in price, Jim Rogers, chairman of Rogers Holdings, told CNBC Wednesday.
Pimco’s Bill Gross tells CNBC why he thinks we’re in a liquidity trap.
Pimco’s Bill Gross the so-called “new normal” with CNBC.
The Fed is getting set to end its purchases of mortgage-backed securities next month. CNBC’s Steve Liesman takes a look at what this means for mortgage rates.