Jim Cramer thinks the Fed could be sitting on the greatest trade of a lifetime right now. Will Janet Yellen pull the trigger?» Read More
Federal Reserve stared down a volatile global economy in October to keep its plans for an eventual interest rate hike on track, and is likely to do so again this week amid plunging oil prices and a potential currency crisis in Russia. According to the Bank for International Settlements, U.S. bank exposure to Russia has fallen from $43 billion at the start of 2013 to...
NEW YORK, Dec 1- The Federal Reserve will not just tighten policy based on how the U.S. economy is faring, but on how well financial markets respond to the eventual interest-rate hikes, an influential Fed official said on Monday. New York Fed President William Dudley said the U.S. central bank will unleash more aggressive rate rises if financial markets do not...
Contrary to what you may have heard, this online trading platform says millennials ARE buying stocks.
Remember when the Federal Reserve was going to raise rates next spring? Yeah, well that was fun while it lasted.
Stocks have been unexpectedly rallying, but can they climb the wall of worry and keeping going?
The last witness in an eight-week trial is expected to be called Friday, but a verdict is still months away.
Foreigners bought a total of 2.23 trillion yen worth of Japanese shares, including both futures and cash stocks, during Nov. 4-7, according to data provided by the Japan Exchange Group, which operates the Tokyo Stock Exchange and the Osaka Exchange. The total amount was seen as a record, according to Mitsubishi UFJ Morgan Stanley Securities and Nomura Securities...
Even guys who had to bear the weight of the world on their shoulders can laugh a little, too.
The former Fed chair being turned down for a home refinancing loan should serve as a call-to-action, HomeServices CEO Ronald Peltier tells CNBC.
President Barack Obama said on Friday that his credit card was rejected at the classy Estela restaurant in Manhattan.
Volatility will remain high as the U.S. moves to raise rates, and could pose difficulties for emerging markets, Mexico’s Finance Minister said.
WASHINGTON, Oct 10- Of all the key government players involved in saving the U.S. economy from collapse back in the autumn of 2008, Edward Quince has hardly earned a mention. The Wall Street Journal, which earlier on Friday reported Bernanke's alias, said the Fed's general counsel testified that the former Fed chairman used the name during the financial crisis to...
Conflicting economic priorities in Europe likely will spell the end for the region's common currency, according to Dennis Gartman.
In court, former Fed Chair Ben Bernanke defended the government's bailout package for AIG, including an equity stake taken by the government.
Take a look at some of Thursday's after hours buzz: AMZN, SYMC & more.
CNBC's Mary Thompson reports former Fed chair Ben Bernanke appeared slightly combative and vaguely annoyed at questioning. John Levin, CEO of Levin Capital Strategies, provides insight.
WASHINGTON, Oct 9- Former Federal Reserve Chairman Ben Bernanke took the stand on Thursday to defend the U.S. government's bailout of American International Group in 2008, in a fourth day of testimony by former top government officials looking to convince a federal judge that the rescue of the insurance company was legal. Former AIG Chief Executive Hank...
CNBC's Mary Thompson reports former Treasury Secretary Timothy Geithner's testimony suggests AIG had no other options at the time of its government bailout.
CNBC.com's Jeff Cox explains a dire scenario that could keep Fed officials up at night: losing control of the interest rate structure.
The fear is that an exodus for the door along the same lines as the "taper tantrum" could crush the market.