On the 27th anniversary of Black Tuesday, UBS floor director Art Cashin recalls how the historic event transpired:» Read More
Many of those seeking reasons for Tuesday's market meltdown have turned from China to Japan. Two forex experts told CNBC's Liz Claman why the global shock may have more to do with Tokyo than Shanghai -- or New York.
Sure, Ben Bernanke is the current Federal Reserve chairman -- but after Tuesday's market spasm, everyone seems to be talking about Alan Greenspan and his use of "the 'R' word." But does that mean the ex-Fed chief needs to watch his mouth? Two economists took on the question of free speech versus accountability, in "Morning Call."
Former Federal Reserve Chairman Alan Greenspan was quoted as saying on Thursday that a recession in the United States is possible, though not probable this year as inventory problems in the economy are being addressed quickly, Bloomberg reported.
A not so shameless plug here as we'd like to toot our own horn--as we honor others. Last night, CNBC held it's third annual Executive Leadership Awards dinner--to recognize business leaders who make a difference. The event was at the Pierre Hotel in New York City--and CNBC's Melissa Lee covered it for "Squawk Box."
Federal Reserve Chairman Ben Bernanke will address a changed U.S. Congress tomorrow. Should President Bush’s man in the Fed alter his modus operandi in tune with a Democratic-controlled legislature? Mark Weisbrot, co-director of the Center for Economic and Policy Research, says the answer is yes.
Economists for Fannie Mae and the NAR advise CNBC’s Bill Griffeth to take short-term real-estate figures “with a grain of salt.”
In the final installment of cnbc.com's exclusive interview series, the financial markets strategist speaks to CNBC’s Tyler Mathisen about inflation, the Fed and investing in 2007.