Skip navigation
CEO Video Gallery
A look at one company whose stock is up more than 190 percent this year, with Kevin Loughrey, Thompson Creek Metals pres...
A breakdown of the numbers and a company outlook, with Mark Hurd, Hewlett-Packard CEO.
Insight on whether gold will continue to ride the Dollar fall and go higher, with Sean Boyd, Agnico-Eagle Mines CEO and ...


Current DateTime: 02:40:41 23 Nov 2009
LinksList Documentid: 24355697
  • Runway Angels

      The superbowl of fashion shows, models walk down the runway at the 2009 Victoria's Secret Show.

  • Smartphone Guide

      Here's a need-to-know guide to nine devices, based on features, price, network and platform.

  • Wines for the Holidays

      Not quite sure what wine to pair with Turkey or Creme Brulee? Our experts do.

FEATURED QUIZZES


Current DateTime: 02:40:46 23 Nov 2009
LinksList Documentid: 33793611
  • A Healthier & Wealthier You

      Take the following quiz and find out how much you know about the impact of obesity on the health of the U.S. economy.

  • The Billionaire BFF's

      Philanthropists. Bridge partners. Hockey players. Which responses are based on facts from Buffett's and Gates' real lives?

  • The Many Myths of Coca-Cola

      Can you tell which statements are true, and which ones are just rumors?


Current DateTime: 02:40:46 23 Nov 2009
LinksList Documentid: 24890560
  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

  • Alternative Investing

      Stocks and bonds? Sure. But it's a big world out there for investors.

powered by digg
By: Brooke Sopelsa, Writer/Producer | 05 Dec 2008 | 10:56 AM ET
Text Size

Job losses passed the half-million mark in November as the markets continue to swing like a pendulum and Congress weighs a major restructuring of the Big Three automakers.

To help viewers make sense of the current economic environment, CNBC asked the experts to share their insight.

Economic Pulse

“While we’ve stemmed the panic through stop-gap measures, we haven't yet gotten the American economy working, so now our focus has to be how do we take the next steps to really get the market, the private economy back to normal so people can borrow.”

—John Snow, Former Treasury Secretary & Cerberus Chairman

Railroads & the Economy

“A large part of our business is consumer-related, from autos to housing for lumber and sheet metal, but a large part of our business is also bulk commodities…In the consumer stuff, we’re seeing volumes down in the 5 to 7 or 8 percent range, depends on which commodity. Our bulk businesses are actually performing pretty well. Coal is still year-over-year positive comps, and we expect for coal to have a good year next year, so the railroads will do okay next year.”

—Matthew Rose, Burlington Northern Santa Fe Railway [BNI  Loading...      ()   ] Chairman & CEO

Auto Bailout & the Economy

“I think it’s going to be ugly for the next week, but it is unthinkable to have a catastrophic meltdown of the American industrial might. For it to be swept away because of the fiasco on Wall Street. It may be a bridge loan just to the first quarter…or it may be something larger, but I am convinced that something will be done in the form of a bridge loan…The crisis for our industry is really the financial service sector has not normalized.”

—Mike Jackson, AutoNation [AN  Loading...      ()   ] Chairman & CEO

© 2009 CNBC.com
Tools:
Print EmailAdd This share icon
  • digg share

CNBC HIGHLIGHTS

  • The show attracts a big TV audience every year, but this year it may take on even more importance.
  • …you'll want to be prepared. Tips for getting the most out of the post-Thanksgiving shopping frenzy.
  • Congressman Ron Paul explains to Squawk Box why he’s pushing legislation to audit the Federal Reserve.
  • CNBC’s Phil LeBeau took a test drive of GM’s flagship electric car. Here’s what he thought of the Volt.
  • The energy company Power Efficiency is building tools that regulate the power electric motors use.
  • CNBC’s technology reporter Jim Goldman guides you through the best gadgets to buy this holiday season.
ADD COMMENTS
Remaining characters


Current DateTime: 01:14:33 23 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 10:08:24 23 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 10:23:55 23 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:08:16 23 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters