Econ Analysis: Personal Income & Spending
Airtime: Mon. Mar. 29 2010 |
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.
Airtime: Mon. Mar. 29 2010 |
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.
Vulture investor Wilbur Ross, along with private equity firm Carlyle and Dublin-based Cardinal Group, will buy troubled Irish bank Education Savings Bank, Ross tells CNBC.
Discussing the threat of Greece and Europe and its impact on the stock market Mohamed El-Erian, Pimco CEO/co-CIO.
Chinese automaker Geely agreed to buy Ford’s Swedish car brand Volvo for $1.8 billion Monday. Stephen Odell, CEO of Volvo, told CNBC that China is a growth market for Volvo.
Insight on the expiration of the Bush tax cuts, with Andrew Friedman, former partner of Covington & Burling, and Tony Crescenzi, PIMCO.
Japan has revised downwards its Q4 GDP growth to 0.9%. Frederic Neumann, senior Asian economist at HSBC, tells CNBC’s Martin Soong & Karen Tso that this revision adds pressure on the BOJ to extend its easy monetary policy.
Data out from the NAR show existing home sales in April jumped to 5-month highs, with CNBC’s Diana Olick and Jack McCabe, McCabe Research and Consulting.