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This morning’s job data was very bleak. The unemployment rate is now at 10.2%, the highest level since April of 1983. Not only are we now in double digits sooner than many people expected, but the workforce shrunk month-over-month. The increased unemployment rate reflects the fact that more people are looking for work. The problem is that we have created very little new substantial jobs. Just to ... read more

If you’re concerned about retirement and whether you’ll have enough money to retire, take a look at this survey conducted by Wells Fargo. This morning Lynne Ford, executive vice president and head of retail retirement at Wells Fargo, joined me with the results of the company's 5th annual retirement survey. The results are very telling. You may not be surprised to find that only 23% of ... read more

This morning Robert Shiller, Yale professor and co-creator of the S&P Case-Shiller Home Price Index, joined me. It was a fascinating interview. I’ve never seen the professor this way. He was incredibly uncertain about the future. Incredibly conflicted about where we are headed. What made today’s interview with Professor Shiller so intriguing is that he’s one of the leading economists who ... read more

This morning in a First on Fox Business I spoke to Ron Gettelfinger ,the UAW (United Auto Workers) president, about the UAW's vote against a deal with Ford. As you may recall on October 14th in a blog entitled, "Gettelfinger on Details of the UAW's Contract with Ford," I called the deal "lousy" for Ford UAW workers. Gettelfinger understandingly took some offense to that notion, saying, "I don't ... read more

This morning I was joined by my good friend Nell Merlino, founder, president and CEO of Count Me In for Women's Economic Independence. She is a tremendous force to be reckoned with. She has dedicated her career to helping women get micro-financing to build their businesses, offered coaching and networking for thousands of women owned and operated businesses. This morning Nell joined me to talk ... read more

This morning on The Opening Bell I spoke exclusively with Mark Frissora, Hertz's (HTZ) Chairman & CEO. My last interview with him was at the end of June. At that time the company had just raised estimates and guidance. They just did the same thing again for Q3. Here's a company doing well despite the weakness in the economy. Off camera, Mark gave me some very interesting statistics and updates ... read more

This morning on The Opening Bell I interviewed Ron Sloan of Invesco Aim, a senior portfolio manager. He had some very interesting thoughts on the "new normal" including a less levered U.S. consumer. He added exposure to emerging markets is crucial and that no country wants a strong currency. He said this may be a "revenueless recovery, not just a jobless recovery." Take a look. read more

This morning Southern Company's Chairman & CEO David Ratcliffe joined me exclusively to talk about the company's earning announcement and, more importantly, the future of climate trade. We covered a lot of ground from the health of the economy to the issues associated with cap-n-trade. With regard to the U.S. consumer, Mr. Ratcliffe said, "the consumer is very cautious. They're hunkering ... read more

This morning my good friend Ian Bremmer joined me on The Opening Bell. Ian is the president of Eurasia Group and travels all over the world. He just got back from a big trip to the Middle East. This morning we talked about Afghanistan, Iran, China, the U.K. and the role of the Fed going forward. We also touched on Glass-Steagall and financial reform. Should we reinstate Glass-Steagall? Take ... read more

This morning on The Opening Bell, I was joined by Ron Hermance, Hudson City Bancorp’s chairman & CEO. This is a company that is firing on all cylinders. It was the best-performing bank stock in the S&P 500 last year, up almost 8% and yesterday they reported another great quarter. The company has paid a dividend every quarter since the year it went public in 1999. This morning, I learned a ... read more