*Japan posts record trade deficit, hits yen. *Unrest in Ukraine likely to limit safe-haven yen's losses. NEW YORK, April 21- The dollar rose to a two-week high against the yen on Monday after Japan posted a record trade deficit in the fiscal year ended in March, though tensions in Ukraine were likely to limit losses on the safe-haven Japanese currency.» Read More
Discussing the government cuts, whether the debt limit will be raised, and Alcoa earnings. Also, a debate on taxes, trickle-down economics, the nuclear situation in Japan gets worse, and major Asian markets sell off as a result. Guests: Andrew Ross Sorkin, The New York Times and CNBC's Guy Johnson.
Discussing whether the Treasury should enforce a new spending limitation instead of a debt limit, with Rep. Allyson Schwartz, (D-PA) and Rep. Jason Chaffetz, Congressman, (R-UT).
The UK banking industry has begun to respond to the Independent Commission on Banking (ICB) interim report into the future framework within which they would have to work if they want to remain headquartered in the UK.
The UK’s true national debt is now £3,617 billion ($5,930 billion) or £138,359 ($226,807) per household, according to the latest figures from the Centre for Policy Studies, a centre-right think tank.
Washington shutdown fears are sinking the U.S. dollar, according to some news reports. Surely there’s something to this, as investor confusion rises and confidence falls, and as Washington seems to be gridlocked over a few billion dollars.
Discussing whether we will see a budget deal before tonight's midnight deadline, with Greg Valliere, Potomac Research Group, and Tony Fratto, former White House deputy press secretary.
As the U.S. moves closer to the so-called "Fiscal Cliff", big ticket government spending areas like defense programs are likely to be at the center of the debate.
House Speaker John Boehner says there's no agreement on spending and that he believes the Senate should pass the stopgap spending bill.
Corky Crovato, Corky Products & Services; Jack Biddle, co-founder, NovakBiddle Venture Partners; and Alan Bubes, CEO, Linens of the Week, discuss what they doing with their own portfolios right now, as well as what has them most concerned.
Looking for a resolution in Europe's bailout situation and a stabilizing of the economic situation in the U.S.Peter Kenny, Managing Director, Knight Equities, talks about the headwinds being digested into the markets.
The sentiment that there will always be another bailout in Europe is rapidly coming to an end, reports CNBC's Guy Johnson.
Democrats say they've agreed on spending, while Republicans say they haven't. Meanwhile, the shutdown apparatus is beginning to move in Washington. President Obama has said he wants to announce a deal this morning, reports CNBC's Hampton Pearson.
Private equity power player Scott Sperling, co-president, Thomas H. Lee Partners, says the threat of a double-dip recession has lessened significantly, and that his portfolio is doing quite nicely, thank you. And it's all happening, he adds, despite significant headwinds in the economy, although, he adds, it's too early for the Fed to put on the brakes.
Sen. Kent Conrad (D-N.D.) discusses what's holding up the budget agreement, and says using Federal funds for abortion is illegal, so there's no reason to keep this spending bill from moving through Congress and the Senate.
CNBC's Rick Santelli discusses the budget showdown and how it's impacting the investor thought process.
Even though both sides have reportedly agreed on the size of spending cuts, social issues are apparently holding up a budget agreement. Sen. Bob Corker (R-Tenn.) discusses the progress of the spending bill.
"The outlandish scenario of a US debt downgrade is no longer the stuff of finance fiction," says the head researcher at at SocGen.
A third of economists and money managers believe the Fed will hike rates this year. Half believe the Fed has been too accommodative. And Wall Street believes the Fed will be more aggressive in selling assets, particularly in 2012, reports CNBC's Steve Liesman.
Discussing whether the Fed is losing its credibility vs. other central banks around the world, with Yra Harris, Praxis Trading.
Marc Faber, editor and publisher of "The Gloom Boom & Doom Report," discusses the world economy and the amount of paper being printed by central banks. His preference, as a result, is gold. Faber adds that in the current environment, cash and bonds are dangerous. Everything is going up, he says. Only at the Federal Reserve is there no inflation.