Weekly Jobless Claims Fall
Airtime: Thurs. Oct. 7 2010 | 8:31 AM ET
U.S. jobless laims fell 11,000 week ending Oct. 2, with CNBC’s Rick Santelli & Steve Liesman.
Airtime: Thurs. Oct. 7 2010 | 8:31 AM ET
U.S. jobless laims fell 11,000 week ending Oct. 2, with CNBC’s Rick Santelli & Steve Liesman.
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.
“After the huge rallies of last year I think it’s time for the markets to consolidate,” Ashok Shah, CIO of London & Capital, told CNBC Tuesday. “There is a risk of a double dip recession around the corner,” he added when discussing the economic outlook for Europe.
Deciphering mixed signals, with Conrad DeQuadros, RDQ Economics and Stephen Gallagher, Societe Generale.
Expect a serious deceleration of growth in China, warns Yuwa Hedrick-Wong, economic advisor to MasterCard Worldwide & professor at the University of British Columbia. He shares his views, with Harish Manwani, president, Asia, Africa, Central & Eastern Europe at Unilever, CNBC’s Martin Soong & Lisa Oake.
President Obama names Solicitor General Elena Kagan to the Supreme Court of the United States.
“I think interest rates forever in the US will be at zero. By zero I mean below the rate of inflation,” Marc Faber, editor & publisher of The Gloom, Boom & Doom Report, told CNBC Thursday. Faber also said that the Chinese economy will slow down, but avoid a crash.