Pimco’s Mohamed El-Erian tells CNBC’s Rick Santelli that he thinks the market doesn’t fully understand there’s a good chance the Federal Reserve’s “experimental” economic stimulus could “end in tears.” (0:52)
As he argues that too many people in the U.S. are taking unfair advantage of disability benefits, Rick Santelli points to the UK’s recent move to impose means testing. (1:26)
CNBC's Jackie DeAngelis reports the ECB will leave interest rates at current levels; Best Buy is discounting Apple's iPad 3 by 30 percent; and Carnival's ship, Triumph had to be towed to port after breaking loose from a dock.
Atlanta Fed President Dennis Lockhart, talks with CNBC's Steve Liesman about continuing the Fed's asset purchase policy; the outlook on employment; and the cost of quantitative easing. "Clearly inflation has to be front and center as a concern," Lockhart added.
Tax refund fraud is a growing $5 billion a year problem as crooks are getting smarter and the IRS needs to work harder to catch thieves, reports CNBC's Scott Cohn.
Discussing what role China plays in the tensions with North Korea, and how worried the U.S. should be about hacking, with Carla Robbins, Council on Foreign Relations.
Technical analyst JC O'Hara says his charts show Apple's stock is resting at a key support level and set for a major short-term bounce. Fundamental analyst Jeff Kilburg thinks the stock will keep falling. (2:25)