Simon Hobbs is an anchor based at the network's Global Headquarters in Englewood Cliffs, N.J. He currently co-anchors the 10 a.m. hour of CNBC's "Squawk on the Street" (Monday-Friday, 9 a.m.-12 p.m. ET) live from the New York Stock Exchange. He joined CNBC in 1998.
Previously, Hobbs was based at CNBC in London where he had anchored "European Closing Bell" and "Europe Tonight." Hobbs also globe-trotted to host "The Leaders," a series of in-depth one-to-one interviews with the world's business and political elite.
In 2006, Hobbs was named Television Personality of the Year by the Association of International Broadcasters and has hosted high-level, international meetings for the European Union, the United Nations, the World Bank and environmental nongovernmental organizations.
Hobbs cut his teeth as a journalist with a decade in radio producing some of the biggest names in UK broadcasting. His work for news organizations includes the BBC, Reuters and Sky News.
He holds a Bachelor of Science degree with honors in economics from the University College London.
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For most in the market, Moody's downgrade of Spain today is no great disaster because so few believed Madrid's forecast that it could restructure its banks for 23 billion euros. But traders say the now near-constant drumbeat of downgrades is only adding to anxiety, as we enter a very critical period for the Euro Zone.
Traders point to the fact that there is no sign that Europe’s credit markets are beginning to seize up as they did last spring, with banks worrying about each other’s counter-party risk. That’s evident from the fact that there is no spike in LIBOR, the interest rate at which banks borrow unsecured cash from each other on London's wholesale market.
There’s an air of paranoia on Wall Street about today’s NYSE spacer deal with the Germans. But history suggests it’s unjustified. Inevitably, the new business unveiled today will also be shaped over time by changing needs.
The recent holiday season is an example of a consumer-driven "correction" taking place in retail, Nike CEO Mark Parker said.
CNBC's Jim Cramer explains why investors should stop comparing this era to the dotcom bust.
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The former Microsoft CEO made his first public appearance Tuesday after leaving the helm of the company.
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Simon Hobbs co-anchors the 10 a.m. hour of CNBC's "Squawk on the Street" live from the New York Stock Exchange.
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Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.