Federal Reserve Chair Janet Yellen will have some good news to tell Congress this week about the health of the labor market.» Read More
After an early rally on the better-than-expected jobs report, the market turned lower as a rebounding US dollar sent investors out of stocks and commodities.
Stock index futures jumped Friday after a government report showed much fewer-than-expected jobs were lost in November, reinforcing hopes of a recovery.
With investors anxiously waiting the release of the nonfarm payrolls data for November, analysts warn that unemployment is likely to rise for a while longer.
Every employment report in this recession has been important, but analysts say there is heightened tension around tonight's data as investors look for signs that the recovery is still on track.
Fed head Ben Bernanke got hammered today during his reconfirmation hearing in front of the Senate Banking Committee....But unfortunately no one directly asked Bernanke why the current gold price has surged to over $1,200, and what that might mean for future inflation and the U.S. economy.
The Federal Reserve's interest-rate tightening policy will rely on a lot of talk and selling some assets before any actual hike in rates, Dennis Gartman, founder of The Gartman Letter, told CNBC Thursday.
On Thursday, Fed Chief Ben Bernanke will be testifying before Congress as part of the confirmation process for his second term. GE and Comcast are also expected to announce their deal over NBCU.
Senator Bernard Sanders of Vermont said on Wednesday that he would try to block the Senate from confirming Ben S. Bernanke to a second term as chairman of the Federal Reserve, the New York Times reported.
Nassim Taleb, the author of "The Black Swan", said he would retire from public life if Federal Reserve Chairman Ben Bernanke gains a second term at the helm of the central bank.
With an absence quarterly earnings news, the focus shifts to economic data, in particular this Friday's jobs report.
We asked you to vote on the big winners and losers of 2009. In the results of our poll—100,000 votes were cast—there were a few close votes, some decidedly one-sided ones and a couple surprise outcomes. And, there were a handful of big losers and big winners.
The Fed hikes rates three times, Congress seeks more control over the central bank and Obama moves closer to the middle on fiscal policy.
Market analysts are expecting the ISM data on Tuesday to show further growth in U.S. manufacturing in November, while some dollar bulls are forecasting a greenback rebound in December.
The Federal Reserve is taking steps to fine-tune a strategy to reel in some of the unprecedented amount of money that's been pumped into the economy during the financial crisis.
Despite the Dubai World distraction, the Street is very much focused on U.S.-based events.
U.S. Senator Bernie Sanders said he will not vote to reconfirm Ben Bernanke as chairman of the Federal Reserve, in a preview of the rough treatment Bernanke may get this week on Capitol Hill.
The challenge for stock investors is whether to pocket more of the year's gains or ride it out in hopes of a Santa Claus rally.
US markets are bracing for a shakeup Friday after investors fled risk assets globally on concerns about Dubai's debt rescheduling.
A week's worth of economic reports has been crunched into just three days this week, and Wednesday has its share of significant data, which include jobless claims, durable goods and consumer sentiment.
Risk is on so far this holiday week, but the bigger question is how long will that trade work. Tuesday's calendar is heavy on news about housing and the consumer, including the revision to third quarter GDP.