While a strong employment number would have been promising for a healthy equity market, it would most likely have signaled a snapback in the bond market. And that snapback will likely still come.
If the economy keeps growing at 3 percent the balance of 2010, demand for new capacity—improved rental housing, better located new homes, and commercial construction for retail and factory improvements—should accelerate in 2011.
Cramer interviews Westport Innvations CEO David Demers about Obama's endorsement of natural gas and more.
The US recovery will continue, despite financial turmoil in Europe, as long the governments on the continent follow through on their promised rescue package, Treasury Secretary Tim Geithner told CNBC Thursday.
Brian Kelly explains what to look for when the May employment report is released Friday.
Sources tell CNBC that the SEC’s new single stock circuit breaker rules will likely go into effect next week. The proposed rules, created in response to the May 6 market plunge, would halt trading in a stock for five minutes “in the event that..."
Plus, get calls on smartphones, cloud computing and more.
A microbial product called HTP, derived from peat moss, could "literally eat the oil" in the Gulf of Mexico, according to the CEO of a company that sells it.
The corruption trial of Rod Blagojevich began Thursday, 18 months after authorities arrested him at home one morning and accused him of trying to sell the Senate seat that President Barack Obama had vacated for the White House.
Once again the markets are struggling to string two days of gains together (tired of hearing that yet?). Following yesterday’s strong close and the modestly higher open this (Thursday) morning, stocks are losing steam.
For the first time since Barack Obama’s inauguration 16 months ago, we’re beginning to think there’s a reasonable chance he’ll be just a one-term president.
The Israeli-Turkish alliance so abruptly shattered in the past few days may have been born of military necessity, but it was still real.
Stock futures were slightly higher early Thursday, as European and Asian markets have rebounded strongly following yesterday’s rally in the U.S. Futures have held steady throughout the morning with their gains intact even after the flurry of economic data and retail sales reports this morning.
The chatter began weeks ago as armchair engineers brainstormed for ways to stop the torrent of oil spilling into the Gulf of Mexico: What about nuking the well? The NYT reports.
Plus, get calls on Apple, AT&T and more.
In almost a flip-flop of yesterday (Tuesday), the markets posted a strong late-day rally Wednesday afternoon. The major indices finished the day up well over 2 percent, closing the session at the highs of the day — quite a contrast to yesterday’s drop at the end of the day. Leading the rally today are sectors that were noticeably beaten up yesterday...
Seizing on a disastrous oil spill to advance his agenda, President Barack Obama on Wednesday called on Congress to roll back billions of dollars in tax breaks for oil and send him a clean-energy bill that would help the nation end its "fossil fuel addiction" for good.
President Obama’s push for higher fuel-efficiency standards for diesel-guzzling, long-haul trucks may be laudable but is probably unachievable by the target date without more development of key technologies,
Unemployment is expected to only fall to 9.8 percent from 9.9 in April, because many sidelined adults, sensing improved conditions, started looking for work. The big challenge is to keep GDP growing at least 3 percent to pull down unemployment.
You are a member of the Senate, and you’re starting to get spooked by the deficit. Polls show that voters are worried about it. Economists are, too. Something needs to change.