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Friday, December 14, 2007

Today's CNBC MarketWrap

CNBC's Daily Market Wrap
Friday, Dec. 14, 2007


Today's top 5 stories on CNBC
1. Bull Shops in China: When it comes to investing, Jim Rogers, Rogers Holding chmn. is bullish on China and commodities, with CNBC's Maria Bartiromo.
2. Wii Can't Get It: Nintendo's big hit is virtually sold out everywhere, and CNBC's Jim Goldman looks into whether there's a secret to scoring the hottest game console of the year.
3. Cramer Loves the Buck: Mad Money host Jim Cramer shares his outlook on the economy and the dollar, with CNBC's Michelle Caruso Cabrera.
4. CPI Higher Than Expected: November's Consumer Price Index is up 0.8%, and Jack Bouroudjian, of the Brewer Investment Group, and CNBC's Rick Santelli and Steve Liesman interpret the data.
5. Virtual Worlds Hot: Social networking is hot and virtual worlds are taking those online interactions to the next level, with CNBC's Julia Boorstin.
Click here to view all of today's Top stories


Clip of the week:

Holiday Tech Picks
NY Times personal technology columnist David Pogue reveals his favorite gadget gifts for the holiday season.


CNBC Blogwatch

Sportz Biz w/Darren Rovell: Mitchell Report Player Rebuttal Form: Fill It Out Right Here.

There are more than 80 players named in the Mitchell Report and suffice it to say, there will be a lot of lawyers hired over this. But I figured I'd save them some time and money, which is important when you are former player Mark Carreon and only made $3.4 million in your career. Click here to view posting.

Tune in to CNBC Monday to watch the market unfold
1. CNBC'S EXCLUSIVE HOLIDAY CENTRAL SURVEY - THE ECON STORY: The CNBC Holiday Central Survey finds the Economic Grinch can't steal Christmas, but it won't be for lack of trying. How much will the economy or fears over home prices impact the consumer? And point blank, how much will America spend this Christmas? Steve Liesman has the economic data surrounding retail season.
2. CNBC'S EXCLUSIVE HOLIDAY CENTRAL SURVEY - THE RETAIL STORY: Bertha breaks into the Holiday Central Survey data to look at surprising numbers. Where are Americans shopping and what are they buying? How many of them drink Starbucks? And who's buying a Wii this year? Do discounts matter... and when will Americans pay off their holiday credit card bills?
3. THE FEDEX FACTOR: With just eight days until Christmas, December 17th is the busiest shipping day of the year at FedEx. Eleven million packages move through FedEx today. This final week of buying is the make-or-break point for retailers and the peak business season for transportation companies - the commercial conduits that deliver gifts and products around the country. Margaret Brennan asks how healthy are shipment levels? What do they tell us about consumer spending? Margaret rides along with FedEx deliveries and broadcasts live from one of its facility.
4. THE DOLLAR'S GETTING POUNDED: It's holiday season around the world, but Americans aren't shopping in the UK. It's one week until Christmas, and the weak dollar means that some of London's most heavily trafficked retail areas... are, well, less trafficked by Yankees than in years past. CNBC Europe's Steve Sedgwick explains.
5. PAULSON FORECLOSURE TOUR: Treasury Secretary Henry Paulson is touring the nation to discuss the administration's efforts to reduce foreclosures. Diana Olick joins the tour to follow Paulson as he meets with local officials, community leaders and local businesses to help heal the nation's foreclosure wounds.
 
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