Spending Up, But Income Gains Hit 14-Month Low
Airtime: Mon. Nov. 1 2010 | 8:29 AM ET
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.
Airtime: Mon. Nov. 1 2010 | 8:29 AM ET
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.
Fed chief Ben Bernanke discusses the future of housing finance in America.
President Barack Obama discusses the role of manufacturing in the American economy and signs into law the Manufacturing Enhancement Act.
Deciphering mixed signals, with Conrad DeQuadros, RDQ Economics and Stephen Gallagher, Societe Generale.
Bank of Canada Governor Mark Carney is the only central banker in the G7 to raise interest rates this year, with CNBC’s Steve Liesman, and Mark Carney, Bank of Canada governor.
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.
Durable goods rose more than expected, up 3%, and jobless claims rose by 22,000 to 496,000.