Ron Unz, Higher Wages Alliance chairman, says raising the minimum wage to $12 an hour would lift millions of workers out of poverty. Lindsey Piegza, Sterne Agee chief economist, debates Unz's initiative.» Read More
The U.S. economy is ready to recover but there's a roadblock, says research director Dan Steinbock.
Alison Deans, Varick Asset Management, and Ryan Detrick, Schaeffer's Investment Research, discuss how strong economic data is likely to impact the markets next year.
Gov. Rick Scott, (R-FL), discusses how changing the state's corporate tax code is attracting new business and creating jobs in the Sunshine State.
Thomas Lee, JPMorgan chief US equity strategist, says that Friday's strong jobs data raises the odds of an early taper and the Fed could begin trimming its quantitative easing program sometime in January.
*Aussie also firmer due in part to strong China trade data. TOKYO/ SYDNEY, Dec 9- The euro raced to a near six-week high against the dollar and scaled a fresh five-year peak versus the yen on Monday after strong U.S. payrolls data boosted risk appetite despite threats of a possible reduction in the U.S. monetary stimulus.
TOKYO, Dec 9- Japan's Nikkei stock average climbed as much as 2 percent on Monday morning, buoyed by a slide in the yen after an upbeat U.S. jobs report raised expectations the Federal Reserve will soon begin unwinding its stimulus.
Discussing a deal within Congress to end stimulus, with Doug Holtz-Eakin, American Action Forum president; Tracy Sefl, Democratic strategist; and Lenwood Brooks, Policy director for Public Note.
Robert Reich, former U.S Labor Secretary, and Jim Pethokoukis, The American Enterprise Institute, discuss today's jobs numbers and the economy. Reich says the recovery has some legs.
NEW YORK, Dec 6- U.S. crude oil ended up for a sixth day on Friday in its longest rally since July and gold and many other commodities rose too as stronger-than-expected hiring by American employers in November boosted confidence in the No. 1 economy.
Chicago Fed Pres. Charles Evans says he is "open-minded" to a December taper but wants to see a stronger labor market first as economy moves forward.
CHICAGO, Dec 6- With inflation as low as it is, Chicago Fed President Charles Evans told reporters Friday that he "can't imagine" raising the fed funds rate even when unemployment falls to 6.25 percent, below the threshold the Fed has set for considering a rate hike. The fed funds rate is the rate that banks lend cash to each other overnight.
Patrick Doyle, Domino's Pizza CEO and president, weighs in on growth in Asia and the minimum wage debate. The minimum wage hike will hurt the people it is designed to help; it's going to slow job growth or reverse it, Doyle says.
Making sense of the moves in gold, with Larry McDonald of Newedge USA; FM contributor Tim Seymour; and JJ Burns of JJ Burns & Company. "I think there is tremendous capitulation in gold," says McDonald.
NEW YORK/ LONDON, Dec 6- Gold trimmed gains to end slightly higher on Friday, as better-than-expected U.S. jobs data reinforced fears that the U.S. "Now definitely a lot of people are thinking... more aggressive tapering could be on the table," said Frank McGhee, head precious metals dealer at Chicago commodities brokerage Alliance Financial LLC.
NEW YORK, Dec 6- U.S. stocks jumped on Friday, with the Dow and the S&P 500 snapping a five-day losing streak after a strong jobs report gave traders confidence that the economy was improving. Based on the latest available data, the Dow Jones industrial average shot up 198.69 points, or 1.26 percent, to close unofficially at 16,020.20.
CNBC's Bill Griffeth and Warren Meyers, Illustro Trading managing director, discuss the market rally and the taper. "The economy was a little better than we thought it was," Meyers says.
Does the jobs report give the Fed permission to taper? CNBC's Jeff Cox and Matthew Slaughter, Dartmouth College, economics professor & associate dean, Tuck School of Business, discuss the QE effect on the economy and when taper should begin.
Discussing in what sectors he sees growth for hiring, and the global economy, with Frank Friedman, Deloitte LLP CFO. Hiring 18,000 or more each year is the new normal for Deloitte, Friedman says.
Discussing how the jobs report influenced the big market day, with Abigail Doolittle, Peak Theories; Rich Peterson, S&P Capital IQ; Robert Luna, Sure Vest Capital Management; Kenny Polcari, O'Neil Securities; and CNBC's Rick Santelli.
Brian Sullivan, CTPartners Chairman and CEO, discusses some of the hottest jobs for execs in 2014, as well as "m-commerce."