Economic Measures


  • 1 in 7 Americans Live in Poverty: US Census Thursday, 16 Sep 2010 | 11:18 AM ET

    The number of people living in poverty has climbed to 14.3 percent of Americans, with the ranks of working-age poor reaching the highest level since at least 1965.

  • Bush Tax Cuts Not Important for US Economy: Summers Thursday, 16 Sep 2010 | 10:03 AM ET
    Lawrence Summers, Director of President Barack Obama's National Economic Council

    Maintaining tax cuts for top earners should take a back seat to other more pressing measures, economic advisor Larry Summers said, in a signal the administration could be digging its heels on the issue.

  • Greenberg: Behind Eisman’s For-Profit Short Wednesday, 15 Sep 2010 | 11:54 AM ET
    Steve Eisman

    As a main character in Michael Lewis’s bestseller, “The Big Short,” Eisman is best known for getting the subprime crisis right.  But at the time, his attempts to warn regulators were ignored.  This time they’re listening, especially after he capitalized on his role in the book with a report last June at an investment conference headlined, “Subprime Goes to College.”

  • To those that knew what their strategies were doing, to those that contributed to the downfall, I reserve the most substantial level of scorn.

  • Investors Need to Find 'Safe-Risk' Spread: El-Erian Tuesday, 14 Sep 2010 | 2:26 PM ET
    Pimco's Mohamed El-Erian

    Investors caught between fears of the future and wanting to catch the gains of the present should try to use a "safe-risk spread" that guards against the lingering potential of an economic double-dip, Pimco's Mohamed El-Erian said.

  • Give Private Sector Chance to Innovate: Tony Blair Tuesday, 14 Sep 2010 | 2:15 PM ET

    Governments that bolstered their countries’ ailing institutions impacted by the financial crisis need to step back and give the private sector a chance to innovate and rebuild, former UK Prime Minister Tony Blair told CNBC Tuesday.

  • US Losing Edge in Business Dynamism: Realty Developer Tuesday, 14 Sep 2010 | 12:50 PM ET

    Of the 15 most important world economies, the United States ranks in the middle in terms of economic and business dynamism, said Hamid Moghadam, chairman and CEO of AMB Property, an international industrial realty developer which focuses on distribution.

  • Couldn't Have a Recession if We Tried: Economist Tuesday, 14 Sep 2010 | 8:46 AM ET

    The global economy is in a weak recovery, but it's a recovery nonetheless and the world couldn't even talk itself into a recession, Paul Donavan, international economist at UBS, told CNBC Tuesday.

  • Small Business Sentiment Gets a Bit Better: NFIB Tuesday, 14 Sep 2010 | 8:00 AM ET
    Open sign in window

    Small business grew slightly more optimistic in August as expectations improved for business conditions in 2011, despite the overhang of high unemployment, according to a survey released Tuesday.

  • Buffett, Ballmer Predicting Bright Economic Future Monday, 13 Sep 2010 | 5:32 PM ET
    Warren Buffett

    "I am a huge bull on this country. We are not going to have a double-dip recession at all," said Buffett, chairman of Berkshire Hathaway. "I see our businesses coming back across the board."

  • Confidence among average investors is slowly returning after being severely damaged by the financial crisis and the "flash crash" earlier this year, James Gorman, CEO and president or Morgan Stanley, told CNBC Monday

  • We Can't Afford Bush Tax Cuts: David Stockman Monday, 13 Sep 2010 | 4:15 PM ET

    Don't extend Bush tax cuts, David Stockman, the director of Office of Management and Budget under President Reagan, told CNBC.

  • Allowing the Bush tax cuts for all income levels to expire at year-end would cut US economic growth by "well over a percentage point," Goldman Sachs chief economist  Jan Hatzius told CNBC.

  • Japanese Flag

    This week, as everyone talks about what went wrong at Lehman Brothers; think instead about what went wrong with Japan.

  • Tax Cuts, Not Stimulus Plan Needed: Lawrence Lindsey Friday, 10 Sep 2010 | 11:49 AM ET

    The President's economic stimulus plan is not what the country needs to generate jobs, Lawrence Lindsey, president & CEO of The Lindsey Group and former National Economic Council director, told CNBC on Friday.

  • Economy to Slow Further but Rebound Next Year: Bullard Thursday, 9 Sep 2010 | 5:45 PM ET

    The US economy will slow in the second half but return to more normal growth in the first half of 2011, James Bullard, president of the St. Louis Federal Reserve, told CNBC Thursday.

  • Nouriel Roubini

    With stimulus programs no longer boosting the economy, growth will come to a standstill for the remainder of 2010 and feel like a return to recession, economist Nouriel Roubini told CNBC.

  • Falling Rates: Good for Debtors, but Bad for Savers Thursday, 9 Sep 2010 | 2:45 AM ET
    Bill and cash

    Those who live off their savings and investments are hit hard by falling interest rates, as corporations borrow cheaply and sit on the cash. The NYT reports.

  • Jobs Will Take a While to Come Back: Geithner Wednesday, 8 Sep 2010 | 4:59 PM ET
    Job seekers wait in line to have their résumés reviewed at the second annual Anaheim/Orange County Job Fair.

    It will take a while to see jobs come back in force after what he described as a “savage” recession, Treasury Tim Geithner told CNBC Wednesday.

  • What the Fed Can Do to Tighten the Money Supply Wednesday, 8 Sep 2010 | 12:32 PM ET
    The Federal Reserve headquarters in Washington, DC.

    The U.S. Federal Reserve Wednesday said it would conduct further term deposit facility auctions to prepare for an eventual exit from its ultra-easy monetary policy.