CNBC's Rick Santelli discusses how today's jobs number is impacting the dollar/yen trade, yields, and the financial sector.» Read More
Stocks were flat Wednesday as investors shrugged off solid demand from today's five-year Treasury auction and some encouraging economic reports.
Orders for durable goods rose last month by the largest amount in two years, but the rise was mainly fueled by the volatile transportation sector.
Federal Reserve Chairman Ben Bernanke faces a slew of challenges in his second term that will determine whether the US rebounds strongly from recession, Pimco's Mohamed El-Erian told CNBC.
Stocks rebounded Wednesday after a sharp jump in new-home sales.
Stock index futures extended losses after an initial uptick as data showed June orders for durable goods, excluding transportation, rose less than forecast despite overall orders posting their largest advance since July 2007.
Ben Bernanke’s reappointment as Federal Reserve chairman is a sign of stability to the markets, said Bryan Place, president of Place Financial Advisors.
On Tuesday President Obama announced plans to keep Federal Reserve Chairman Ben Bernanke in his job for another term. How should that impact your trading?
Stocks touched 2009 highs while oil made an intra-day reversal. Are these signs the market has topped out?
The Dow rose for a sixth straight session Tuesday as stocks got a boost from an encouraging report on home prices and an unexpected jump in consumer confidence.
Wall Street may be behind the nomination of Fed Chairman Ben Bernanke for a second term, but he is likely to face plenty of criticism at his Senate confirmation hearing.
Is Tuesday's rally a bet on fundamental growth or a case of panic buying?
Warren Buffett hasn't spoken out publicly today, but we assume he's happy with President Barack Obama's announcement this morning that Ben Bernanke will be nominated for a second term as Federal Reserve Chairman. Despite his concerns the government's efforts to revive the economy over the last year will probably lead to serious inflation down the road, Buffett has repeatedly endorsed Bernanke's performance at the Fed, calling him the best person for the job.
Steve Auth, CIO of Global Equities at Federated Investors, and David Goerz, CIO of Highmark Capital, discussed their market outlooks and how investors should be shaping their portfolios.
President Barack Obama announced Fed Chairman Ben Bernanke's reappointment this morning. The following are CNBC video highlights, where experts weigh in on Bernanke's performance, working relationships and impact on the markets.
Stocks started the day higher Tuesday after an encouraging report on home prices, then soared even higher following an unexpected jump in consumer confidence.
U.S. stock index futures pointed to a modestly higher open Tuesday, following the previous day's session in which the major averages finished with very little change.
"The next phase is almost as difficult as the first one he presided over in saving the economy from a deeper recession or worse,” says one economist.
A weaker dollar and government intervention in the markets are to be expected as President Barack Obama reappointed Ben Bernanke as Fed chairman, analysts said.
Ben Bernanke is set to be nominated for a second term as chairman of the Federal Reserve by President Barack Obama. But as Bernanke squares up for another four years at the helm of the central bank, CNBC asks if he is the right person for the job.
The rate at which credit card holders fell behind on their payments was far worse in the second quarter than it was last year, but did improve sharply from the alarming level seen in the first three months of 2009.