El-Erian on Fed's "New Normal"
Airtime: Tues. Aug. 10 2010 | 8:45 AM ET
Mohamed El-Erian, CEO and and co-CIO of Pimco, discusses the Fed’s “new normal” with CNBC.

Airtime: Tues. Aug. 10 2010 | 8:45 AM ET
Mohamed El-Erian, CEO and and co-CIO of Pimco, discusses the Fed’s “new normal” with CNBC.

The euro is likely to rally versus the dollar “into the $1.38 resistance area,” Roelof van den Akker from ING Commercial Banking told CNBC Tuesday. Akker also takes a technical look at the Xetra DAX.

California’s Budget Crisis. California is battling one of the worst budget crises in the nation. David Crane, special economics adviser to Gov. Arnold Schwarzenegger, discusses the situation with CNBC.

Discussing whether there is a connection between gold and your health, with Stephen Moore, Wall Street Journal Editorial Board.

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.

If we don’t strengthen the ECB and European Commission, we should dismantle the euro, Carlos Gutierrez, former commerce secretary and former Kellogg CEO, said Thursday. “We’re at an inflection point,” he said. “The whole concept of the euro is being tested.”

The whole euro zone region is caught in a Catch-22 situation, notes Sandeep Malhotra, CIO at Clariden Leu. He explains his grim outlook on Europe, with CNBC’s Karen Tso & Sri Jegarajah.