The Federal Reserve’s two-day meeting on interest rates, inflation and the economy started Wednesday. Is the Fed overly concerned with inflation? Carl Tannenbaum, chief economist at LaSalle Bank, and Paul Kasriel, senior vice president and director of economic research at Northern Trust Company, offered their insights on “Morning Call.”
Thirty-seven percent of dads say they would leave their jobs if they could afford it, according to the annual Father’s Day survey from CareerBuilder. Another 38% said they would take a pay cut in order to spend more time with their children.
Lehman Brothers surprised Wall Street with record profits, beating estimates by 33 cents per share. As the largest brokerage firms gear up to report their quarterly financial results, is Lehman’s act too tough to follow? Jeffery Harte, managing director of equity research at Sandler O’Neill, joined CNBC’s Sue Herera on “Power Lunch” with an earnings outlook.
A debate continues in the Senate over the energy bill that could bring massive changes to the current U.S. energy policy. On “Morning Call,” Christopher Horner, author of “The Politically Incorrect Guide to Global Warming and Environmentalism,” and David Hamilton, director of the Sierra Club’s Global Warming & Energy program, debated which party has the best policy.
Australia is no longer just a hot tourist destination -- it’s also a great place to invest in, according to Anthony Cragg. On “Squawk on the Street,” the lead manager for the Wells Fargo Advantage Asia Pacific Fund spoke about the investment opportunities down under.
On “Morning Call,” Brian Stine, investment strategist at Allegiant Asset Management, and Edgar Peters, chief investment officer at PanAgora Asset Management, discussed the best places for investors’ money during the current volatile market.
Technology rivals Bill Gates and Steve Jobs shared the stage Wednesday night, at the annual tech conference run by The Wall Street Journal. On “Squawk on the Street,” Harry Blount, IT hardware & storage network analyst at Lehman Brothers, discussed how far Apple can go and the future of its relationship with Microsoft.
An overnight selloff in the Chinese market caused the Shanghai Composite Index to fall 6.5%, just one day after hitting all-time highs. Marc Pado, U.S. market strategist at Cantor Fitzgerald, and J.J. Burns, president of J.J. Burns & Company, joined CNBC’s Mark Haines on “Morning Call,” to discuss whether the exuberance that has driven China’s stock rally will evaporate and hurt global markets.
The summer movie season kicks off with Walt Disney’s Pirates of the Caribbean: At World’s End. Disney’s third installment of Pirates comes after box office records were recently set by the Shrek and Spider-Man sequels. David Brain, CEO of Entertainment Properties Trust, joined CNBC’s Erin Burnett on “Squawk on the Street” to explain how he’s profiting from the big screen.
In a first for the credit card industry, American Express is allowing some cardholders to charge their monthly mortgage payments.