Spending Up, But Income Gains Hit 14-Month Low
Airtime: Mon. Nov. 1 2010 | 8:29 AM ET
US consumer spending rose by less than expected in September as income fell for the first time in 14 months. CNBC’s Rick Santelli delves into the data.
Airtime: Mon. Nov. 1 2010 | 8:29 AM ET
US consumer spending rose by less than expected in September as income fell for the first time in 14 months. CNBC’s Rick Santelli delves into the data.
The world is doomed because the governments are taking over and will bankrupt us, says Marc Faber, editor & publisher at The Gloom, Boom & Doom Report. He also tells co-guest host Michael Yoshikami, founder, president and chief investment strategist at YCMNet Advisor, CNBC’s Bernard Lo and Karen Tso, that the Goldman fraud case was mainly political.
Discussing what impact the death of Senator Byrd will have on financial regulatory overhaul, with CNBC’s Eamon Javers
While Kirby Daley, senior strategist at Newedge Group, believes China will not over tighten, Karsten Schroeder, CEO, Amplitude Capital is concerned about the longterm implications of China relying solely on exports to sustain growth. They share their thoughts on the Chinese economy, with CNBC’s Martin Soong & Sri Jegarajah.
Discussing the stability of the new Australian government after the Labor Party narrowly secured a one-seat majority, with Nick Sherry, assistant treasurer of Australia and CNBC’s Karen Tso.
West African-focused miner Randgold Resources reported a 79% jump in full-year profit, benefiting from high gold prices and record production. It plans to raise its full-year dividend by 30%. “It was a great year,” CEO Mark Bristow said Monday. “We strengthened our balance sheet through last year.”
Airtime: Tues. Feb. 9 2010 | 1:49 PM ET
Warren Buffett and former Treasury Secretary Hank Paulson discuss former President Bush and his reaction to the financial crisis.