Commodities

This morning’s job data was ugly. The unemployment rate is now up to 9.5%–the highest rate in 26 years. More than six million people have lost their job since the recession began in December 2007. Nine million would like to get a part-time job and cannot find one and 14.7 million are without work. It [...]
2009 07 02

Wondering how Hollywood is holding up in the recession? Look no further. This morning, a group of the best in the business joined me for a roundtable discussion on the reasons for Hollywood’s success. That group included Mike Medavoy, chairman and co-founder of Phoenix Pictures, who has produced 17 Academy Award-nominated films like “Rocky,” “Annie Hall,” [...]
2009 07 01

Something VERY strange happened yesterday and I have a feeling there is more to it than meets the eye. While I was on the network filling in for Stuart Varney, a letter was released to the press from Walmart, the SEIU (a union representing a million people in this country) and John Podesta. The letter said [...]
2009 07 01

Yesterday I hosted Your World for Neil Cavuto, who’s out on vacation. About 5 minutes before I went downstairs to the set, the EP (executive producer) told me that Norm Coleman, the former Senator of Minnesota, was going to break-in with a live press conference somewhere near the top of our show. If you’ve been [...]
2009 07 01

Been watching all of the protests in Iran? Heard about the coup in Honduras? Been hearing about attacks in Nigeria? The removal of US troops in Iraq & the auctioning off of oil & gas fields? All of these stories address a growing number of politically instable governments. Is economic instability leading to political instability? This [...]
2009 06 30

In this morning’s roundtable discussion, we rated President Obama’s performance on the economy. I guess you could call it a report card. Our three guests graded him on everything from the stimulus to job creation, consumer confidence and his ability to turn the economy around. The guests had very different points of views. Surprise! Surprise! Here [...]
2009 06 30

This morning I sat down with Douglas R. Conant, Campbell Soup’s president and CEO, and we discussed how the company is weathering the economic turmoil. He had a lot to say about steps he is taking to make sure his company maintains a healthy balance sheet and what consumers can expect from the soup giant in [...]
2009 06 30

This morning, most of my show was dedicated to the Bernie Madoff case, as he is set to be sentenced this morning. The scheme involves billions of dollars lost from firefighters, correction officers, 9/11 widows; not just the wealthy country club investor. No matter who participated, it’s a horrific story. The key culprit in all [...]
2009 06 29

In the wake of the shocking news about Michael Jackson’s death, we dedicated several segments of our show this morning to his legacy. I interviewed several instrumental business associates, one of whom happens to be a very good friend of my dad’s. As you may recall, my dad is an attorney in the music business. Last [...]
2009 06 26

One story in the auto crisis that has not garnered as much attention is the auto rental market. This morning, Hertz CEO & Chairman Mark Frissora joined me immediately following a press release from the company announcing guidance for Q2 and the full year. Hertz had suspended guidance because of the weakness in business due [...]
2009 06 25