Oil Dips Below $70
Airtime: Mon. May 17 2010 | 11:15 AM ET
Oil dipping below $70 a barrel this morning, with John Kilduff, Round Earth Capital.
Airtime: Mon. May 17 2010 | 11:15 AM ET
Oil dipping below $70 a barrel this morning, with John Kilduff, Round Earth Capital.
Quantitative easing is not going to work, warns Stephen Roach, non-executive chairman at Morgan Stanley Asia. In this First On CNBC interview, he tells CNBC’s Chloe Cho why, as well as if capital controls will help or hamper the global recovery.
Gold prices will likely make firm gains when euro short-covering ends, Irakli Menabde from I2BF told CNBC Tuesday. The euro has had an inverse relationship to the dollar recently, he added.
The European Central Bank left interest rates unchanged at 1% Thursday, as widely expected. João Borges de Assunção from Católica School of Business, Charlie Morris from HSBC Global Asset Management and Brendan Brown from Mitsubishi UFJ Securities International have analysis.
CNBC’s David Faber has the highlights on what Lloyd Blankfein said in response to SEC charges.
Billionaire investor George Soros tells CNBC the world is headed toward an economic slowdown in 2011 and politics is going to prevent US leaders from passing much needed fiscal stimulus.
The tough job market has prompted many to start their own businesses. Roger Jenkins, dean of the Farmer School of Business at Miami University, discusses this trend with CNBC.