SAC Capital Was in Talks to Settle Government Probe in Early May; Talks Have Apparently Broken Down: Source
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Erna Solberg, leader of the Conservative Party of Norway, tells CNBC that Norway needs to diversify its economy away from oil and gas.
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Erna Solberg, leader of the Conservative Party of Norway, tells CNBC that Norway needs to diversify its economy away from oil and gas.
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Food stamp usage in America has gone up 70 percent since 2008. Art Laffer, Laffer Investments; Dean Baker, Center For Economic & Policy Research; and Hadley Heath, Independent Women's Forum, discuss.
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More than 46 million Americans are living below the poverty line. Casey Mulligan, University of Chicago Professor of Economics; Rana Foroohar, Time Magazine; Katie Burke, Edelman; Katherine Mangu-Ward, Reason Magazine; and Morgan Brittany Townhall columnist, provide perspective.
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Arvind Subramanian, Senior Fellow, Peterson Institute for International Economics or PIIE says China is responding to a de facto democratization shock with its pledges to bridge social inequality. He says China needs to deliver good and inclusive growth.
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Chris Whalen, Executive Vice President and MD, Carrington Investment Services says Americans have the right to own firearms but they must take strict safety precautions about their usage.
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Pu Yonghao, Regional CIO, APAC, UBS Wealth Management says there weren't any arrests during the latest protests against censorship in China. He says this could be seen as a move towards more openness to political reforms.
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The New York Post reports today that welfare recipients used electronic bank transfer cards to take out case for strip clubs, liquor stores and x-rated shops. Larry Elder, author of "Dear Father, Dear Son," provides perspective. "The real elephant in the room is why are so many people on food stamps and welfare," says Elder.
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George Buckley, chief UK economist at Deutsche Bank, tells CNBC that the UK is off schedule on its austerity plan because the levels of growth were overestimated.