The "Squawk on the Street" news team reports on today's top business headlines, including the Dow's march to 15,000; and breaking down the JPMorgan and Wells Fargo's earning results.
John Taylor, Hoover Institution senior fellow, explains why he's concerned President Obama's budget doesn't try to balance the budget, and may include additional taxes.
CNBC's Kayla Tausche has the latest details from JPMorgan's earnings call, and what CEO Jamie Dimon had to say about the company's quarter and outlook.
CNBC's Rick Santelli breaks down the latest data from the Producer Price Index and takes a look at retail sales. And, CNBC's Steve Liesman, weighs on what the economic measures indicate about the recovery and its impact on the markets.
Todd Hagerman, Sterne Agee analyst, takes a closer look at the quality of the big banks first quarter numbers and what it means for next week's financial reports.
Scott Siefers, Sandler O'Neil & Partners analyst, breaks down the numbers on the banking giant, which reported earnings per share of $0.92 versus $0.88 estimates on revenues of $21.26 billion which was below expectations.
Stephen Roach, Yale University senior fellow, shares his thoughts on how China's changing economic model will impact Asian markets and the U.S. economy.
Darrell Cronk, Wells Fargo Private Bank, reveals which sectors are likely to improve your portfolio; including energy, telecommunications, and consumer discretionary.
Robert Romasco, President of AARP, defends the organizations stand on social security reforms and the impact of entitlement program on the nation's growing deficit problem.
Anthony Polini, Raymond James analyst breaks down the quarterly numbers on the big bank, which reported first quarter earnings per share of $1.59 versus $1.39 estimates.
Stephen Roach, Yale University senior fellow, discusses how the Fed is facilitating the government's fiscal financing by buying up a 'big chunk of the deficit."
There appears to be a huge supply and demand problem at the grand tournament, as many sports enthusiasts can't find tickets to get into the tournament, reports CNBC's Brian Shactman.
Bill Issac, Fifth Third Bancorp chairman, explains why he thinks banks should have "very high tangible equity" and a lot of "long-term and subordinated senior debt," that is "discipline" by the debt holders.
Harris Georgiades, Cypriot finance minister, tells reporters in Dublin, that Cyprus will make the existing bailout deal work and doesn't need additional funding.
Scott Shellady, Trean; John Buckingham, AFAM chief portfolio manager; and Lee Partridge, Salient Partners CIO, share their views on what's driving stocks to record levels and weigh in on whether investors should take profits at this point or let it ride.
Jeroen Dijsselbloem, Eurogroup president, tells CNBC that Cyprus is going to go through a very tough time and the growth strategy is up to the Cypriot government.
Reports circulating in Europe say the president of Cyprus planned to ask the European Union for "extra assistance," but not an increase in bailout loans, says CNBC's Julia Chatterley.
Todd Horwitz, chief strategist at the Adam Mesh Trading Group, says the market is in a "blow-off phase" and that a correction would only happen following a "fundamental news bomb" that cannot be expected.
Shayndi Raice, banking reporter for the Wall Street Journal and Gerard Cassidy, lead banking analyst at RBC Capital Markets, discuss the U.S. banking sector ahead of JP Morgan and Wells Fargo quarterly results.
Daniel Morris, global strategist at JP Morgan Asset Management, tells CNBC that the equity rally is driven by supportive fundamentals as subdued earnings growth expectations are already priced in.