CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.» Read More
Stocks are getting ripped by North Korea and Ireland, with all the fears that go along with those two stories. People should not panic. A lot of good news out there is suggesting a strong economy, regardless of what the Fed says.
It’s no accident that Austrian economics is newly popular. It provides the best explanation for the business cycle we just lived through.
Read the full text of the minutes from the Federal Open Market Committee's November 2-3 meeting here.
Faced with unusually sharp ideological attacks after its latest bid to stimulate the economy, the Federal Reserve now faces a challenge far removed from the conduct of monetary policy: how to defend itself in a hyperpartisan environment without becoming overtly political. The New York Times reports.
The presidential commission investigating the BP oil spill in the Gulf of Mexico has said that neither the industry nor the US government had made adequate investments in clean-up technology in the wake of the 1989 Exxon Valdez spill, reports the Financial Times.
Doing what other US officials should have been doing all along, the Force, otherwise known as Gentle Ben, struck back last week and defended US monetary policy. But more importantly, in a very nice way, he told other nations to look to their own houses andback off on the criticism of the US.
The Federal Reserve is undergoing what former central bank governor Frederic Mishkin is calling an unprecedented level of attacks caused by its inability to articulate a clear message regarding its multitrillion-dollar monetary policies.
GM history in the second half of the 20th century is a story of executive arrogance, missed opportunities, poor decision-making and reckless finance.
Market commentators and Warren Buffett followers have been buzzing after seeing the Oracle of Omaha's op-ed piece featured in The New York Times. ...A report from TheStreet.
The president and COO of private-equity firm Blackstone Group, Tony James, told CNBC Friday that quantitative easing by the Federal Reserve will enhance productivity, but not whittle down the large unemployment number in the United States.
Stocks closed modestly higher after rising in the last minutes of trading Friday to end relatively flat for the week. Disney and Boeing fell, while HP rose.
Stocks were slightly higher heading into the close of trading Friday, but the late-session boost may not be enough to push the markets higher for the week. Disney and Boeing fell, while HP rose.
Perhaps the most interesting part of Ben Bernanke's speech today was his claim that the Fed is not conducting quantitative easing at all.
You could call it Ben Bernanke's, "Speak softly and carry a big stick" speech. The Fed boss offers a lesson on global trade and the important role a healthy US economy plays in it.
Bryan Kaplan asks an important question about Ben Bernanke's policy choices:
Stocks declined, although prices were off their lows of the session, on news that China would take a second step to tighten monetary conditions. Disney and BofA fell, while GE rose.
Currency friction between the United States and China is on a "collision course," as both countries manage two opposing monetary and economic interests, Jim Rickards, sr. managing director at Omnis, a market intelligence firm, told CNBC on Friday.
U.S. stock index futures fell ahead of the open Friday after China announced a second measure to tighten monetary conditions in two weeks. China's decision was released at the same time Federal Reserve Chief Ben Bernanke was speaking in defense a Federal Reserve policy to stimulate the economy.
European shares are indicated to open flat Friday, ahead of a conference at the European Central Bank in Frankfurt where Fed Chairman Ben Bernanke and ECB President Jean-Claude Trichet will both speak.
The CEO of UBS Americas told CNBC Thursday that Federal Reserve President Ben Bernanke has “done a fantastic job” and that quantitative easing may be good for the country after all.