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Scripts: A: The Fed has got to cut rates , theres no question. B: How much? A: Er.. I think what we need to see is er, a process of cutting rates, so its less about how much today and about the, the holding up the hope of more rate cuts to come, wha
Scripts: First to the Bush plan. Oh, it does seem that it excludes more people than it includes? That's right. I mean that if you look at who the plan's aimed at, it is really borrowers who are, seem to be solvent not more than thirty days behind pa
Scripts: The housing market is already troubled and the next tsunami might be right around the corner. Resets on ARM, adjustable rate mortgages could set off a new wave of foreclosures. CNNs personal finance editor Gerri Willis joins us now to offer
Script: A big night, for CNBC, too, at nine PM Eastern Time, a new documentary called Big Mac inside the McDonalds empire is gonna make its long anticipated debut. If you remember when Carl was out for a while, we said on assignment, on assignment,
Scripts: Investors in Shanghai and Hongkong are focusing on the shares of two of China's biggest banks: the Industrial and Commercial Bank of China--ICBC and the Bank of China, both posted surging profits on Thursday for the first half of the year.
Script: The son of a Mexico City shopkeeper has become the world's richest man. According to Fortune Magazine, Mexican tycoon Carlos Slim is now worth abillion dollars more than Microsoft's Bill Gates. Slim owns Latin America's largest cellphone com
Tomorrow Steve Jobs is said to address Macworld. Now that's the weeklong conference that Apple fans look forward to all year long. And it's a chance to get a sneak peek at Apple's latest gadgets. But this year's convention comes just weeks after news
Want to get some fireworks in your portfolio? Money magazine is your pyrotechnic coach. Your asset allocation will have the biggest influence on your returns and your success in achieving your investment goals. Its influence is much greater than the
script: Well this does seem like it was too long ago that the Dow Industrials crossed the 13,000 mark for the first time. Well today, the Dow flirted with 14,000. Stephanie Elam joins us from New York to tell us just how close we came. Hey there, St
Scripts: What do we think Ben Bernanke is going to say today and how closely will the market be listening? First of all, the market is going to listen very carefully, and secondly, we have to compare what Bernanke is going to say when compared to th
Well that long-awaited Vista operating system will be available to consumers starting at midnight tonight. CompUSA, Best Buy and Circuit City are among the stores that will have extended hours tonight so that you can be the first on your block to ins
There were plenty of fancy new music playing phones on view at the big mobile phone trade fair in Barcelona. But not the one everyone is talking about. Apple didn't bother to show up to show off its iPhone. But London-based Omniphone did come and lau
Airbus will cut 10,000 jobs, half from its own 56,000-member workforce and half from subcontractors. 1,600 of the jobs will go here in the UK, but the bulk of the cuts happen in Germany and France. Couldn't believe the news, I couldn't believe the ne
Scripts: Behind The Wheel this morning, Toyota is in hot pursuit of the title of the worlds biggest automaker in global vehicle sales. This morning the company has released its plan to dethrone GM. And joining us this morning with more is CNBCs auto
Scripts: Apples founder and CEO Steve Jobs's making a stunning reversal and apology tonight on that iPhone that was the talk of Tech-land. CNBC's Silicon Valley Bureau Chief Jim Goldman is live in San Jose. Hey, Jim? Yeah, you know. call it iPhone f
Scripts: The dollar just keeps falling and falling and falling. When does the end come when we get some good news on the US housing market? Ah, probably when US interest rates start to go up.But that's not going to be anytime soon. We know that the
Scripts: Bernanke did argue that the fed had taken a fairly decisive step against those downside risks in Sep. by reducing interest rates half a percent, so I wouldn't necessarily say, uh, as a result of his comments last night that it, it makes a r
Scripts: Hong Kong Securities broker Au Shing Tai is extremely busy these days. Au helps investors choose shares of all sorts of companies. But what are they buying? They are buying shares in Hong Kong, with those company having business in China. B
Scripts: Let's talk about oil prices first, if we may. How much of it a worry is the current oil price above 88 dollars a barrel? Well it certainly is unprecedented and we've not seen oil prices at this level before. And will the economy and will bu
I think that's an inevitable process which is going to continue so long as the Asian economies in particular continue to grow up rapidly. The biggest marginal contributer to rise in oil demand, that of course in the past 5 years has been China. I th