CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.» Read More
The U.S. Treasury can claim victory on its bailout of Citigroup with the huge “cleanup” trade completed last Monday that took Treasury out of its remaining 2.4 billion shares at $4.35 a piece.
President Obama announced a tentative deal with Congressional Republicans on Monday to extend the Bush-era tax cuts at all income levels for two years as part of a package that would also keep benefits flowing to the long-term unemployed, cut payroll taxes for all workers for a year and take other steps to bolster the economy, the New York Times reports.
When you hear pundits spouting these canards, ignore them.
Stocks ended mixed after trading in a narrow range most of the session amid light volume Monday, as investors considered Federal Reserve Chairman Ben Bernanke's comments about additional Fed stimulus and regrouped after strong gains in the market last week. Cisco and Pfizer rose, while BofA fell.
Stocks moved in a narrow range amid light volume Monday, and were ending the session mixed as investors considered Federal Reserve Chairman Ben Bernanke's comments about additional Fed stimulus and regrouped after strong gains in the market last week. BofA and Cocoa-Cola fell, while Cisco rose.
Stocks declined as investors continued to consider future troubles in the euro zone and comments over the weekend by Federal Reserve Chairman Ben Bernanke indicating the central bank was willing to pump even more money into the economy. BofA and DuPont fell, which Cisco rose.
With the Fed chairman having said the central bank is willing to pump even more money into the economy, the "Fast" traders are interested in where the market trades Monday.
China, Wikileaks, Bernanke, Bush and more. Here's what you need to know to make the smart moves this week.
U.S. stock index futures pointed to a lower open Monday as investors pulled back from strong gains in the previous week and weighed up the impact of Federal Reserve Chairman Ben Bernanke's willingness to launch further quantitative easing.
Since the US central bank launched its $600 billion round of asset purchases at the start of November, its critics have not hesitated to accuse it of recklessness, incompetence and conspiracy to devalue the dollar, often in vitriolic terms, the FT reports.
If Congress does not extend the Bush-era tax cuts for the highest income levels, a typical worker who earns a $1 million bonus would pay $40,000 to $50,000 more in taxes next year than this year, depending on base salary, the New York Times reports.
Europe is ahead of the US in its debt crisis in that it at least has identified the problem and is taking steps to correct it, "Black Swan" author Nassim Taleb told CNBC.
The Federal Reserve's report this week on its $3.3 trillion bailout of the global banking system shows that the financial crisis is finally over, banking analyst Dick Bove said.
If you held strong and stayed in the market, despite all the bears practically begging you to cash out, then congratulations. Now you can take some profits.
A little faith can go a long way in this market.
A trade war over the weak dollar, a building boom for nuclear-power plants and major state and municpal debt defaults.
Though they may be bold, they are certainly in the realm of possibilities. So, take a look at who at CNBC is saying what, in their own words.
America's "Number 1 domestic problem," the federal deficit, took center stage on Wednesday morning as President Obama's bipartisan deficit commission released its findings. Some members of the 18-member bipartisan deficit commission, appearing on CNBC Wednesday, weighed in with their thoughts. To read the full report,
Reports from the twelve Federal Reserve Districts indicate that the economy continued to improve, on balance, during the reporting period from early/mid-October to mid-November.
US companies in agriculture and technology are strong investments, particularly those that offer big dividends, BlackRock CEO and chairman Laurence Fink told CNBC Tuesday.