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.
Euro zone GDP grew 1.7% year-on-year in the second quarter. Julian Callow from Barclays Capital told CNBC the strong result was largely due to German economic growth. Lothar Mentel, CIO of Octopus Investments, joined the discussion.
TUI Travel reported widening first-half losses Tuesday. “What we’ve seen is a significant improvement in our second-quarter results,” CEO Peter Long said. “We’ve seen a strong recovery in consumer demand.”
CNBC’s John Harwood highlights 12 national elections that should be on your radar.
“Russia has growth and Russia has money and Europe has neither,” Kingsmill Bond from Troika Dialog told CNBC Tuesday. “Russia has the capacity to support Europe clearly with its cash,” he added.
Discussing whether a plunging dollar and soaring gold prices are putting a major dent in your bottom line, with Anthony Mirhaydari, Edgeletter.com founder and Joe Battipaglia, Stifel Nicolaus.
Insight on financial reform, the Volcker rule and derivatives legislation, with Bill Isaac, former FDIC chief and Paul Volcker, former Federal Reserve chairman.