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Leviev Executive V.P. Lisa Klein on what to look for when shopping for a colored diamonds.

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Art Cashin warns the Fed: ‘Wake up,’ the economy isn’t as good as it looks

“The Fed is going to have to wake up. I don’t think the economy is as good as it looks,” UBS’ director of floor operations at the New York Stock Exchange said Thursday on CNBC’s “Squawk on the Street.” “The inflation numbers were not good. Retail sales were not good.”

NY FED NOWCAST DOWNGRADES Q2 GDP GROWTH TO 1.86%

The New York Federal Reserve’s NOWCAST model for GDP growth just downgraded Q2 GDP growth to 1.86%. The latest culprit? The rotten housing starts data from this morning.