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.
Legendary investor Warren Buffett, CEO and chairman of Berkshire Hathaway, talks to CNBC about politics.
CNBC’s Carl Quintailla is at the Rock N’ Roll McDonald’s in Chicago with a closer look at this fast food chain and American titan.
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.
Obama Meets the Press
Rick Van Nieuwenhuyse, CEO of NovaGold, shares his outlook on gold prices and the economy.
The G20 is more political than it is economic and may not be the right forum for deciding economic issues such as banking levies, Moorad Choudhry from London Metropolitan University said. However, he said no firm policy announcement will be made by the G20 and the upcoming meeting is just a stepping stone on the way to a policy.