Simon Hobbs is an anchor based at the network's Global Headquarters in Englewood Cliffs, N.J. He currently co-anchors the 10AM ET hour of CNBC's "Squawk on the Street" (M-F, 9AM-11AM 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 "
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.
Follow Simon Hobbs on Twitter @HobbsieNY.
The $20 a barrel jump in oil prices means the US will pay an added $69.3 billion this year, more than it costs to run most US agencies. The falling dollar ensures US consumers are hardest hit.
In 10 months, the Dollar Index has lost 14% because the world keeps accumulating dollars it doesn’t want and sells them. Asian central banks are key.
Analysts are warning that the decision of the BRIC nations not to support the no-fly zone in Libya is an indication that in years to come Gaddafi-like dictators will find it easier to wage war on their people without external intervention.
Many players are convinced that this evening’s conference call of G7 finance ministers and central bankers will set the stage for major selling of the yen by the Bank of Japan in order to weaken it. But the market is divided on whether other major central banks will join in with coordinated intervention.x
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.
The markets are shaken by the collision of these two dynamics, Fidelity Investment's Jurrien Timmer says.
"There's probably ... 10 guys in a room in their pajamas," Cramer says in his latest knock on premarket trades.
BofA's move to combine the role of CEO and board chair makes a mockery of efforts to improve bank oversight, Mike Mayo said.
"The environment we've been in over the past five years has not been normal," David Lebovitz says.
Carl Quintanilla is an Emmy-winning reporter and co-anchor of CNBC's "Squawk on the Street," broadcast live from the NYSE.
Simon Hobbs co-anchors the 10 a.m. hour of CNBC's "Squawk on the Street" live from the New York Stock Exchange.
Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."
“Squawk on the Street” Co-Anchor
Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.