The $1 Trillion Jobs Plan
Airtime: Tues. Jul. 6 2010 | 4:48 PM ET
Bernard Schwartz, CEO of BLS Investments, tells CNBC about his $1 trillion jobs plan.
Airtime: Tues. Jul. 6 2010 | 4:48 PM ET
Bernard Schwartz, CEO of BLS Investments, tells CNBC about his $1 trillion jobs plan.
Warren Buffett answers questions about the rating agencies before the Financial Crisis Inquiry Committee. The Commission is holding a hearing entitled “Credibility of Credit Ratings, the Investment Decisions Made Based on Those Ratings, and the Financial Crisis.”
The U.S. will be making a huge mistake if it does go ahead and sign an anti-China trade sanction bill, warns Stephen Roach, chairman of Morgan Stanley. He explains why to CNBC’s Bernard Lo & Karen Tso.
Rating agencies don’t seem to have many friends these days, with Jerome Fons, former Moody’s managing director.
There is a possibility that Japan’s Ministry of Finance may decide to impose negative interest rates on the yen, says Enzio von Pfeil, CEO at Economic Time Bond Fund. He also discusses the health of the U.S. economy with CNBC’s Bernard Lo and Adam Bakhtiar, warning that the overall picture is not pretty.
Euro zone GDP grew 1.7% year-on-year in the second quarter. Julian Callow from Barclays Capital told CNBC the strong result was largely due to German economic growth. Lothar Mentel, CIO of Octopus Investments, joined the discussion.
A new and improved tool for global debt, with Greg Ip, The Economist U.S. economics editor.