The Fed should "explicitly" say it will keep rates near zero until the economy is within a year of reaching Fed goals, a policymaker said.» Read More
Despite signs that the recession is easing, the economy still has a long way to go before it recovers, well-known economist Martin Feldstein told CNBC in a live interview.
The following is the full text of the Beige Book released by the Federal Reserve on April 15, 2009 and based on information collected on or before April 6, 2009:
Stocks opened lower Wednesday as Intel's after-hours earnings report the day before dragged down tech stocks and a warning from Wal-Mart hit the broader indexes.
I'm just on the shuttle coming back from Boston having spent the day visiting clients. I find it so helpful to have a day being questioned about my views by very smart people. It makes you think and come away more sure of opinions or, as often, get some additional insight as to other viewpoints.
Stock futures indicated a mixed open Wednesday as Intel's after-hours earnings report the day before dragged down tech stocks.
Stocks ended near their session lows Tuesday after a report showed retail sales unexpectedly dropped in March and as worries about banks simmered ahead of some key earnings.
Stocks weakened shortly after 1 PM ET after Goldman Sachs broke decisively below $123, which was the price of its secondary.
The Stock Market is up over 23% in 35 days. If someone had told you on March 9th as the Dow was trading at 6,547 that ‘you should put your money in the market right now if you want to make 23%,’ what would you have done?
Stocks opened lower Tuesday after a report showed retail sales unexpectedly dropped — and dropped sharply — in March. But Citigroup, Bank of America and General Motors advanced.
Stock futures retreated Tuesday after a report showed retail sales unexpectedly dropped -- and dropped sharply in March.
All the government borrowing programs aimed at increasing liquidity have some economists worried that there could be a steep price to pay down the road.
The US stock market appears to have hit bottom and the nation's economy might see an upward shift in the latter half of the year, widely watched investment strategist Abby Joseph Cohen told CNBC
You've heard all the gloom and doom. Now here's some good news: the economic recovery could happen much sooner—and be much stronger—than anyone thought possible.
Below are the minutes released by the Federal Open Market Committee after its Mar. 17-18 meeting:
Although oil prices should remain low for the next three to six months, the threat of surging prices remains, according to John Hofmeister, former Shell president and CEO of U.S. operations.
Stocks turned mildly positive as investors looked to close out the week's rally on a positive note.
Ben Bernanke just gave a speech where he made it clear that he will use all tools available to him to stabilize markets and to promote the extension of credit.
Contract workers are becoming a permanent fixture in the economy that is likely to continue even after the recession is over.
Stock futures turned lower after initial enthusiasm waned after a report showed continued steep job losses in the US economy.
What if you could put words in the Mad Money host’s mouth? What would you say? Here is your opportunity.