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.
Chris Whalen, managing director of Institutional risk Analytics, shares his reaction to Citi’s quarterly results.
As the Japanese yen hits an 8-month high against the dollar, Timothy Connors, corporate forex manager at Custom House Western Union, speaks to CNBC’s Yousef Gamal El-Din, Maithreyi Seetharaman & Sri Jegarajah about whether the BOJ will intervene to slow the currency’s climb.
Japan has revised downwards its Q4 GDP growth to 0.9%. Frederic Neumann, senior Asian economist at HSBC, tells CNBC’s Martin Soong & Karen Tso that this revision adds pressure on the BOJ to extend its easy monetary policy.
The February rally is continuing into March, but how far will it go? Robert Doll, of BlackRock, and Richard LeFrak, of the LeFrak Organization, share their insight.
A political gridlock is seen as a good thing for the equity markets, believe Alastair Newton, MD & senior political analyst at Nomura International and Frank Lavin, Former White House Political Director. They also tell CNBC’s Martin Soong that the Bush tax cut extensions will be an important factor in this election.
Areva announced the acquisition of US-based solar power company Ausra Monday as it launched its new global solar energy business. Anil Srivastava, CEO of Areva Renewables and Dr. Robert E. Fishman, chairman and CEO of Ausra, spoke to CNBC about the deal.