Housing Starts Hit 18-Month High
Airtime: Tues. May 18 2010 | 10:12 AM ET
Construction of new homes rose more than expected in April, but new building permits fell sharply. CNBC’s Diana Olick parses the data.
Airtime: Tues. May 18 2010 | 10:12 AM ET
Construction of new homes rose more than expected in April, but new building permits fell sharply. CNBC’s Diana Olick parses the data.
Insight on value investing, with Bill Miller, Legg Mason Capital Management.
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.
Fighting climate change, with Richard Branson, Virgin Group founder & chairman and Jigar Shah, Carbon War Room CEO.
Euro zone finance ministers approved a $40 billion emergency aid mechanism for debt-plagued Greece. The CNBC news team has the full story.
Discussing the risk of global currency wars, with Christian Carillo, head of Asia-Pacific interest rate strategy at Societe Generale Corporate & investment Banking. He tells CNBC’s Karen Tso and Sri Jegarajah, that with economies underperforming, domestic political pressures will increase for measures that will not be beneficial to anyone.
Private equity firm Fortress Investment Group has made two deals in the commercial real estate arena. Daniel Mudd, CEO of the Fortress Investment Group, discusses the deals with CNBC.