Warren Buffett says inflation in the U.S. is "exploding" and he urged the Federal Reserve not to signal in any way that controlling prices is a secondary goal to encouraging economic growth. "Inflation is really picking up. Whether it's steel or oil, we see it everyplace," Buffett said of rising prices. Buffett made his comments in a live interview with Becky Quick on CNBC's Power Lunch.
Planning for retirement? Then forget the "margaritas by the pool" and start spending less, says Ivory Johnson, director of financial planning at The Scarborough Group. She joined CNBC's "Power Lunch" to discuss sound retirement strategy -- and took the opportunity to criticize Federal Reserve policy.
John Burns says staying the course is the only smart path to prosperity. Burns, founder and chief investment officer of Burns Advisory Group, joined CNBC's "Power Lunch" to offer his insights into how to play the market today -- and how to prepare for tomorrow.
CNBC coverage of our "Trillion Dollar Survey" where Wall Street's top money managers and investment strategists weigh in on stocks, commodities, the credit markets, interest rates, the economy, the presidential election and more.
The economic fates of Texas and the energy industry are inexorably linked. And that industry is part of how Texas gained a reputation for doing everything big.
It's amazing the power you posses when you know a secret--apparently no matter how trivial. To add a little fun to our series on America's Top States for Business, we've been unveiling our Top Five daily on CNBC's Power Lunch. Not only have we been keeping the identity of the states secret from our viewers until the last minute; there is only a small circle of people within CNBC who know where we will be each day.
The countdown begins, as the team begins its trip across America, visiting each of the top five states in days ahead. . The first stop is North Carolina, which ranked No. 5 in our study.
Any week bracketed by a day of lucky sevens (7/07/07) and Friday the thirteenth has got to be special for numbers obsessed Wall Street. The numbers that matter this coming week will be the possible return to record levels on the Dow and S&P 500, both within striking distance after the past week's quiet but important move higher.
The flow of corporate news is likely to start waning today ahead of what could be a quiet session tomorrow. Making headlines today will be the Philadelphia Fed when its survey is released at noon. Our Steve Liesman will cover all the news from Philly on Power Lunch. Other data this morning includes leading economic indicators and final Q3 GDP but a big focus in our coverage will be the third and final CNBC holiday central survey. Liesman will dissect the findings and tell us what the surprising latest survey says about the consumer, economy and retailers this holiday season.
The business of sports is a $200 billion annual industry and it's as exciting as the games themselves to cover and to read about. In the coming days and months, this will be your home...
Bidders on eBay are offering as much as $2 million for lunch with Warren Buffett. But, would you rather have a Power Lunch with Steve Jobs? Take our poll and share your opinion.