Obama on FinReg
Airtime: Thurs. May 20 2010 | 4:37 PM ET
President Obama makes comments on financial regulation progress in the Senate.
Airtime: Thurs. May 20 2010 | 4:37 PM ET
President Obama makes comments on financial regulation progress in the Senate.
Political problems within the euro zone are going to get worse as debt-laden countries struggle with rising unemployment while attempting to cut budgets, Peter Dixon from Commerzbank Securities told CNBC Monday.
According to Bain & Co, China has swept past the US as the world’s #2 luxury market, and it’s expected to grow 15% in 2010. Shaun Rein, managing director of China Market Research Group, speaks to CNBC’s Chloe Cho about luxury brands big push into China.
US tech bellwether Intel reported a near quadrupling of profit in the first quarter. It also raised its full-year margins outlook. “We’re delighted with the performance, to see a record Q1 on the back of a tough 2009,” Graham Palmer, UK MD at Intel, said Wednesday. “From a European perspective, we exceeded our expectations.”
ECB Chief Jean-Claude Trichet has a tough decision when it comes to quantitative easing because “who wants to be caught long sovereign debt,” Andy Hartwill from Quasar told CNBC Thursday.
Why potential upside is large and downside is relatively small, with David Tepper, president & founder of Appaloosa Management.
Art market history in the making this week, with Eileen Kinsella, Artnews editor.