Economic Analysis: Jobless Claims 4/8/10
Airtime: Thurs. Apr. 8 2010 | 8:32 AM ET
The CNBC news team parses today’s economic data.
Airtime: Thurs. Apr. 8 2010 | 8:32 AM ET
The CNBC news team parses today’s economic data.
Connecticut Attorney General Richard Blumenthal is suing Moody’s and Standard & Poor’s claiming they knowingly assigned bad ratings to investments that contributed to the financial crisis. He discusses the suit with CNBC.
When a government gets formed in Australia, Peter Costello, former Australian treasurer, says the practicalities of making laws will become exceptionally difficult. He tells CNBC’s Bernard Lo & Matthew Taylor that this will be a time of “weaker government”.
The way the recovery is being engineered is quite wrong, says David Roche, global strategist at Independent Strategy Ltd, as it is sowing the seeds of greater instability. He talks about the sovereign debt bubble, with CNBC’s Amanda Drury & Sri Jegarajah.
Even if Julia Gillard takes over the PM seat in Australia, the proposed mining tax will still remain, says Colin Chapman, Asia Pacific VP at Strategic Forecasting. He makes his case to Brian Coulton of Fitch Ratings, CNBC’s Martin Soong, Karen Tso & Sri Jegarajah.
President Barack Obama discusses the role of manufacturing in the American economy and signs into law the Manufacturing Enhancement Act.
President Barack Obama discusses the jobs bill stuck in the Senate and why he believes it should be pushed through.