Discussing the state of Detroit's economy, with CNBC Contributor Keith Boykin; Heather Higgins, Independent Women's Voice; and Doug Holtz-Eakin, American Action Forum.

Larry Kudlow discusses the journalistic merit of a Financial Times article, which triggered a brief sell-off in U.S markets. Larry McDonald, Newedge; Ed Butowsky, Chapwood Investments; and Ron Kruszewski, Stifel Nicolaus join in the discussion later.

The Supreme Court ruled today that the FTC can keep challenging "pay to delay" deals between pharmaceutical companies and generic drugmakers. CNBC Contributor Keith Boykin; Heather Higgins, Independent Women's Voice; and Doug Holtz-Eakin, American Action Forum, discuss.

Uwe Parpart, MD & Head of Research at Reorient Financial Markets explains why it's no big surprise that China's government has been purchasing domestic banking shares.

Hans Timmer , Director of the Development Prospects Group at the World Bank says his main concern with China is the country's vast shadow banking system.

As markets await the Fed's scaling back on QE, Hans Timmer , Director of the Development Prospects Group at the World Bank says the biggest dangers facing developing countries are within their own economies.

Roelof Van Den Akker, senior technical analyst at ING Wholesale Banking, analyses the performance of the EUR/USD and where it's heading ahead of the FOMC meeting

NBC's Ali Arouzi, discusses the Iranian president's first press conference and the "stark contrast" with his predecessor.

Richard Bruton, Ireland's jobs minister, says a EU/U.S. trade partnership would create 400,000 jobs in Europe.

Matthew Cheslock, Virtu Financial, takes a look at the latest analyst calls, including Susquehanna's downgrade of Red Hat.

Will the Ron Johnson model work for Best Buy? Peter Keith, Piper Jaffray, and Brian Nagel, Oppenheimer, discuss why the store-within-a-store strategy will work for BBY but not for JCPenny.

The company plans to open men's stand alone stores by 2016 says the outgoing CEO Christine Day. Liz Dunn, Macquarie Capital, and Sam Poser, Sterne Agee, weigh in on the strategy and the outlook on the apparel company.

Craig Weiss, NJOY CEO, discusses competition, regulations and health risks associated with the growing business of e-cigarettes.

David Stevens, Mortgage Bankers Association CEO, provides an outlook on where interest rates are likely headed and the impact of Fed tapering on the housing market.

Douglas Yearley, CEO of Toll Bros, provides his perspective on the housing recovery and discusses whether he thinks it's on firm footing.

Uwe Parpart, MD & Head of Research at Reorient Financial Markets explains why it's no big surprise that China's government has been purchasing domestic banking shares.

Tai Hui, Chief Asia Pacific Strategist of J.P. Morgan Funds says the US economy has proved to be quite resilient and expects the Fed to announce the start of tapering in September.

Hans Timmer , Director of the Development Prospects Group at the World Bank says his main concern with China is the country's vast shadow banking system.

The Fast Money traders share their final trades of the day.

Scott London spoke to CNBC's Jane Wells about the KPMG insider trading scheme and how much he made in kickbacks. London says "nothing like this has ever happened before."

7-Eleven franchisees are charged with identity theft and money laundering, reports CNBC's Andrea Day. The 7-Eleven owners created a "modern-day plantation system" according to the U.S. Attorney.