Economic Analysis- ISM Mfg Index
Airtime: Tues. Jun. 1 2010 | 10:02 AM ET
The ISM Manufacturing Index slipped to 59.7 in May from 60.4 in April, and construction spending jumped 2.7% in April. CNBC’s Steve Liesman parses the data.
Airtime: Tues. Jun. 1 2010 | 10:02 AM ET
The ISM Manufacturing Index slipped to 59.7 in May from 60.4 in April, and construction spending jumped 2.7% in April. CNBC’s Steve Liesman parses the data.
Shares of Apple hit a lifetime high after quarterly results showed consumers continued to snap up millions of iPods and iPhones. Conway Gittens reports.
The European Central Bank kept interest rates on hold Thursday, as expected. Jörg Krämer, chief economist at Commerzbank, considers the strategy of the central bank.
Starting today, underwater homeowners will be permitted under a government program to sell their homes for less than they owe and basically force the lender to take the loss rather than foreclose on the home. Shari Olefson, of Fowler White Boggs, and Susan Wachter, a real estate professor at Wharton, discuss.
Gold is rapidly approaching the $1,300 mark, and James DiGeorgia, publisher of the “Gold & Energy Advisor,” says this is just the beginning of the bullion breakout.
Mohamed El-Erian, CEO of Pimco, and Dick Berner, chief US economist at Morgan Stanley, debate whether we’re experiencing an economic soft patch or double dip.
Insight on the government’s second report on inflation, with CNBC’s Rick Santelli.