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David Stuckler, author of The Body Economics, explains how "austerity kills" and why countries that have not cut their health care budget as part of an austerity program have charted faster return to growth.
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Dissecting the day's major business news, including buzz that Facebook could be considering a switch to the NYSE, HP earnings and oil, with the Fast Money traders.
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Stocks give up most of their earlier gains today on remarks from former Greek PM Lucas Papademos that a Greek exit is under consideration, with the Fast Money traders.
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Discussing their "worries" for Europe and the risk for the U.S. economy, with David Malpass, Encima Global president and Larry Kantor, Barclays head of research. "Until the Greek elections June 17, it is difficult to see sustained strong performance in the global stock markets," says Kantor.
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Government spending cuts in developed countries are hurting job creation and exacerbating global youth unemployment, which remains close to the peak hit during the 2009 crisis, the International Labour Organization said on Tuesday.
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The Dow saw its best percentage performance since April 17, with the Fast Money traders.
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President Obama speaks on NATO's latest efforts to "wind down the forces in Afghanistan" at the NATO Summit in Chicago. "We will leave Chicago with a clear road map, and our coalition is committed to a plan to bring our war in Afghanistan to a responsible end," he says.
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CNBC's Phil LeBeau reports on the NATO Summit underway in Chicago, where protesters are taking every opportunity to make themselves heard.
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A blind Chinese legal activist who was suddenly allowed to leave the country has arrived in the United States.
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The Facebook IPO has raised a lot of questions: Has its popularity peaked? Is the stock a “buy”? And is a hoodie acceptable fashion for a CEO? We went straight to the "experts" — kids at the Mackay Elementary School in Tenafly, NJ.
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Discussing whether the Facebook IPO is over-hyped or not, with the Fast Money traders, and Sam Schwerin, Millennium Technology Value Partners.
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For the past three weeks, U.S. interest rates have been falling, and it's because of fears that Greece, which is still trying to form a government, will totally default on its loans, the Christian Science Monitor reports.
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Dissecting the day's major business news, including pessimism on Wall Street, commodities' declines and more, with the Fast Money traders.
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CNBC's Wealth Editor Robert Frank reports that America's wealthiest people are saving more than a third of their income instead of investing it in the stock market.
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Some states are using all or part of huge mortgage settlements from big banks for reasons other than helping home borrowers and homeowners. Breaking down where the money is going and whether this is a good idea, with Chris Thornberg, Beacon Economics and CNBC Contributor Ron Insana.
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President Obama is meeting with Congressional leaders and pressing them for action on a bipartisan approach to tackling the deficit and job growth, reports CNBC's John Harwood.
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Dissecting the day's major business news, including JC Penney earnings, 13-F filings for Warren Buffett's Berkshire Hathaway and Greenlight Capital, with the Fast Money traders.
