June Job Losses at -125,000
Airtime: Fri. Jul. 2 2010 | 8:33 AM ET
June saw a loss of 125,000 jobs, but the jobless rate fell to 9.5%. The CNBC news team parses the data.
Airtime: Fri. Jul. 2 2010 | 8:33 AM ET
June saw a loss of 125,000 jobs, but the jobless rate fell to 9.5%. The CNBC news team parses the data.
Discussing the state of employment in New York City, Michael Bloomberg, NYC mayor.
CNBC’s Phil LeBeau discusses the details of GM’s filing to offer 500 million common and preferred shares of stock.
Insight on financial reform, the Volcker rule and derivatives legislation, with Bill Isaac, former FDIC chief and Paul Volcker, former Federal Reserve chairman.
Insight on the hotel price index report, with David Roche, president of Hotels.com
Gold has reached record highs in recent weeks, but it will continue to go much higher in price, Ben Davies, CEO, Hinde Capital said. Davies said he views gold, not as a commodity, but as a cash supplement. Less developed countries will buy gold to increase reserves, he added.
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.