S&P's Blitzer On The Housing Market
The housing recovery will continue to be mixed after a year-over-year drop in January marked an improvement over December, says David Blitzer, Chairman of the Index Committee at S&P.
The housing recovery will continue to be mixed after a year-over-year drop in January marked an improvement over December, says David Blitzer, Chairman of the Index Committee at S&P.
Durable goods rose more than expected, up 3%, and jobless claims rose by 22,000 to 496,000.
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.
Insiders at Red Hat and CarMax are among the latest to trim stakes. Barrons.com’s John Kimelman reports.
The March trade gap is at its highest since December 2008. CNBC’s Rick Santelli and Steve Liesman parse the data.
Jose Manuel Barroso, EU Commission President, tells CNBC that he is confident Europe has moved in the right direction to help shore up investor sentiment.
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.