CNBC's Julia Boorstin and Jane Wells chat about the business stories of the day including Groupon, Mila Kunis telling CNBC she's investing in stocks, and Joe Fresh appearing in JC Penney stores.
A White House overview of the nation's economic progress is out today. Alan Krueger, Chairman of White House's Council of Economic Advisers, offers insight.
Goldman Sachs and JPMorgan have to submit revised capital plans by September, but it will be allowed to raise dividends and buy back stock in the interim, reports CNBC's Kayla Tausche.
The stock market is significantly undervalued by historical calculation, said Alan Greenspan, former chairman of the Federal Reserve. "The reason why the stock market has not been significantly higher is there are other factors compressing it lower. But irrational exuberance is the last term I would use to characterize what is going on at the moment."
Leaders from all areas of the sector, from CEOs to government officials, are meeting to discuss the recovery and the headwinds ahead, with CNBC's Diana Olick.
Despite today's losses, the Dow is up more than 10 percent this quarter, reports CNBC's Jackie DeAngelis. Meanwhile CNBC's Seema Mody talks about standouts in tech that are leading the Nasdaq rally and more.
Ulta's guidance came in below the Street's estimates, reports CNBC's Herb Greenberg. And Boris Schlossberg, author of "Millionaire Traders," explains whether the dollar's rally is really over.
Jonathan Salem Baskin, author of "Branding Only Works on Cattle," explains whether JC Penney's Joe Fresh line can save the retailer. "The problem is that Joe Fresh isn't the next iPhone," he says.
The oil sticker on your windshield gives a due date for the next oil change, but should you follow it? And does it really matter what grade of gas you put in your tank? Jeff Allen, Flat 12 Gallery owner and star of CNBC Prime's "The Car Chasers," debunks some of the common car myths about oil and gas.
Struggling retailer JC Penney has lost control of its message as it attempts to turn around its sales performance, says Jonathan Salem Baskin, founder of Baskin Associates.
The FMHR traders reveal their top favorite trades now. Meanwhile the Fed weighs in on bank capital plans, with CNBC's Kayla Tausche. Gerard Cassidy, RBC Capital Markets, says he is not deterred by what the Fed had to say about banks.
Stocks are off lows of the day just as former Fed chairman Greenspan said stocks are significantly undervalued by historical standards, with the Fast Money team. Meanwhile Mike Santoli, Yahoo! Finance, says stocks are cheap but only on a relative basis.
CNBC's Eamon Javers on the tension that arose as Washington pushed for cybersecurity cooperation with private industry. Even while President Obama raised the issue with new Chinese President Xi Jinping, U.S. CEOs are pushing for limits on government collaboration.