*IMF warns Greece needs debt extension. July 2- U.S. stocks closed down slightly on Thursday after the International Monetary Fund warned Greece ahead of its Sunday referendum that it faces a huge financial hole, and mixed jobs data dampened the U.S. economic outlook. While the IMF was warning that Greece needed an extra 50 billion euros over the next three years to...» Read More
The Fast Money crew offers special CNBC.com-only advice on your investments.
Taking a closer look at the economic data expected from tomorrow, and how the markets might react, with Chris Tevere, Forex.com; Brian Evans, Bond Street Wealth Management; and Jeremy Lawson, BNP Paribas.
Barclays head of research, Larry Kantor, discusses his firm's economic outlook for 2013, in light of the fiscal cliff negotiations. "We think you're going to get some agreement [on the fiscal cliff], but it will probably be a band-aid agreement," he says.
When rates go up, prices go down, says CNBC's Herb Greenberg. "If you have an IRA, and you're worried about market risk, consider hedging it by shorting the market."
Discussing the state of the markets, and what investors should know, with Michael Yoshikami, Destination Wealth Management and independent trader Kenny Polcari.
The Swiss government said it was cautiously optimistic for the economic outlook assuming the euro zone debt crisis does not again escalate even as it trimmed its growth forecast for 2013 to 1.3 percent.
The FMHR traders share their final trades of the hour.
Speaker of the House John Boehner met with President Obama this weekend to speak about the fiscal cliff. "We are still waiting for the White House to identify what spending cuts the President is willing to make as part of the balanced approach that he promised the American people."
Brookstone CEO Stephen Bebis discusses why consumers like his products, and displays some current hot products. "Our products improve your quality of life," he says.
The Greek debt buyback attracted bids totaling nearly 32 billion euros, and are short by about 450 million euros on their targets, reports CNBC's Simon Hobbs. In general, however, there is optimism.
"We've got to get growth in our economy," says Former Obama Chief of Staff Bill Daley, in discussing the fiscal cliff talks.
Checking on the markets, with Chuck Gabriel, Capital Alpha Partners, and Andy Laperriere, ISI Group. The quality of any deal between the President and Congress will determine the direction of the markets.
Digging into the fiscal cliff negotiations in Washington, and what the impact could be for the U.S. economy if a compromise is not reached by years end, with Republican Policy Committee chairman Senator John Barrasso of Wyoming.
Discussing the top 5 CEOs most likely to be fired next year, with Rocco Pendola, TheStreet.com social media director and writer. "Steve Jobs was the retail architect," he says.
RBC Capital Markets is out with its 2013 housing market outlook this morning. RBC's Robert Wetenhall breaks down the report.
CNBC's Steve Liesman reports what participants of the CNBC Fed survey say about the probability of a recession, and the dangers of the looming fiscal cliff.
A closer look at the U.S. economy, and optimism regarding the negotiations in Washington to avert the 'fiscal cliff,' with Senator Mark Warner (D-VA). "It's almost un-American that we're not going to be able to step up and get [a deal] done," he says.
Discussing the state of the fiscal cliff negotiations in Washington, with Rep. Scott Garrett (R-NJ) and Rep. Sander Levin (D-MI).
Where Washington stands on a fiscal cliff deal, with Senator Bob Corker (R-TN) and Senator Kent Conrad (D-ND). As long as we stay on revenues, and don't talk about entitlements, says Corker, we're never going to get to the right place.
CNBC's Steve Liesman offers insight on the latest Fed survey, including the probability of a recession in the next 12 months.