Lacker on the Economy
Airtime: Thurs. Apr. 15 2010 | 2:13 PM ET
Weighing in on the markets and the economy, with Jeffrey Lacker, Federal Reserve Bank of Richmond president and CNBC’s Steve Liesman.
Airtime: Thurs. Apr. 15 2010 | 2:13 PM ET
Weighing in on the markets and the economy, with Jeffrey Lacker, Federal Reserve Bank of Richmond president and CNBC’s Steve Liesman.
Warren Buffett answers questions about the rating agencies before the Financial Crisis Inquiry Committee. The Commission is holding a hearing entitled “Credibility of Credit Ratings, the Investment Decisions Made Based on Those Ratings, and the Financial Crisis.”
CNBC’s Phil LeBeau discusses the details of GM’s filing to offer 500 million common and preferred shares of stock.
Cisco Systems reported sales of $10.4 billion for the third quarter. John Chambers, CEO of Cisco Systems, tells CNBC that Cisco gained market share in every product category in the last quarter.
Carlos Ghosn, president & CEO of Nissan-Renault, tells CNBC’s Kaori Enjoji that the way the car industry is going, “scale and collaboration” between different auto manufacturers is becoming increasingly important.
The March trade gap is at its highest since December 2008. CNBC’s Rick Santelli and Steve Liesman parse the data.
Durable goods rose more than expected, up 3%, and jobless claims rose by 22,000 to 496,000.