Obama Nominates Elena Kagan to Supreme Court
Airtime: Mon. May 10 2010 | light e) ET
President Obama names Solicitor General Elena Kagan to the Supreme Court of the United States.

Airtime: Mon. May 10 2010 | light e) ET
President Obama names Solicitor General Elena Kagan to the Supreme Court of the United States.

Fitch Ratings downgraded Spain’s credit rating by one notch on Friday, with Win Tin, Brown Brothers Harriman sr. currency strategist.

A look at the winners behind the automotive x-prize, with CNBC’s Phil LeBeau.

Global demand for crude oil is due to grow, according to Victor K. Shum from Purvin & Gertz. Shum considers the outlook for the oil market.

A look at the V-shaped indicators, with Don Luskin, Trend Macro; Stefan Abrams, Bryden-Adams Investment and Brian Wesbury, First Trust Advisors.

Automakers Renault, Nissan and Daimler agreed to swap stakes in a bid to increase scale and share costs Wednesday. “There’s a demand for premium small cars growing, so we definitely want to participate and we want to do that successfully,” Dieter Zetsche, chairman of Daimler told CNBC. Carlos Ghosn, chairman and CEO of Renault-Nissan, also spoke to CNBC.

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.