Hand-painted python handbags, personal submarines and a Warhol for your office. Not only are the rich getting richer, but the things they like to buy are more expensive. The explosion of wealth in the U.S. can sometimes make CEO pay look like small change
The recent market slide has many investors worried about their 401k. Barry Glassman, Senior Vice President of Cassady & Company and Scott Revare, CEO of Smart401K.com, joined Erin Burnett on "Street Signs" with their suggestions on what to do.
Stop surfing the 'Net and get back to work! Using the Internet and chatting with co-workers are the activities that waste the most time each workday, according to the latest study by Salary.com . The 2007 Wasting Time Survey found that the average employee wastes 1.7 hours within an 8.5 hour work day.
As "Harry Potter" fans await the final installment of the popular series, CNBC’s Maria Bartiromo sat down with George Jones, chief executive of Borders Group, on “Closing Bell.” “'Harry Potter' is an important part of our business. It’s not that we make a whole lot of money on each of the books we sell, but it draws a lot of people into the stores and gives us a chance to sell other things and maybe in some cases, reintroduce them to Borders,” said Jones.
This week, CNBC is counting down America’s Top States for Business. On Monday, CNBC’s Scott Cohn reported from No. 5: North Carolina, a right-to-work state. On “Power Lunch,” Mark Mix, president of the National Right to Work Committee, and Marybeth Maxwell, director of American Rights at Work, joined Cohn and CNBC’s Bill Griffeth to debate whether non-union states are better for business.
Blackstone Group shares slid Wednesday, for the third straight day since its debut. Analysts are debating whether it's still worth owning -- and what it might mean for the success of future IPOs. On “Morning Call,” Peter Cohan, president of Peter S. Cohan & Associates, and David Menlow, president of IPOfinancial.com, gave their opposing viewpoints to CNBC’s Carl Quintanilla.
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.