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Investors are starting to "wake-up to the reality" that stocks are the only way for them to get real returns on their money, Tempeton's Mark Mobius told CNBC.
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Investors are starting to "wake-up to the reality" that stocks are the only way for them to get real returns on their money, Tempeton's Mark Mobius told CNBC.
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Job creation slowed to a crawl during March, with the U.S. economy creating just 88,000 positions though the unemployment rate fell to 7.6 percent.
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North Korea has asked embassies in Pyongyang that might wish to get staff out if there is a war to submit plans to it by April 10, Britain said on Friday.
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The policy measures taken in Japan to revive economic growth are "quite dangerous," billionaire investor George Soros told CNBC in an interview on Friday.
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The prospects for U.S. economic growth are "still too little" and "too uncertain," House Majority Leader Eric Cantor told CNBC. American can't just sit back on its laurels, he added.
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The fast-food chain, which is owned by Yum Brands, will introduce fried boneless chicken chunks as an alternative to its traditional breast, thigh and drumstick pieces.
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U.S. President Barack Obama will offer cuts to Social Security and other entitlement programs in a budget proposal aimed at swaying Republicans to compromise on a deficit-reduction deal, a senior administration official said.
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Fidelity Investments and Charles Schwab give independent financial advisers a percentage of the assets that their clients put in certain mutual funds, according to Reuters.
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Janet Yellen, a potential successor to Ben Bernanke at the Federal Reserve, is seen as a "loose cannon" and could upset the markets, Bob Janjuah of Nomura told CNBC.
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As it intensifies its push into groceries and perishable foods, Wal-Mart Stores is betting it can take on these labor-intensive categories by adding efficiency, not bodies.
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Rivals NYSE Euronext and Nasdaq OMX Group both claim that to have listed the most IPOs in the first quarter, while Thomson Reuters' data shows the two exchange operators as being tied.
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Blackstone Group will visit Dell's headquarters to begin an in-depth analysis of the company, sources said, a strong sign the buyout firm is proceeding with an offer that could upset founder Michael Dell's $24.4 billion buyout bid.
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Boeing may carry out a certification test flight of its grounded 787 Dreamliner, a key step toward returning the state-of-the-art aircraft to flight, a U.S. government official said on Thursday.
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The Nikkei surged by up to 4.7 percent a day after the Bank of Japan (BOJ) gave investors what they were waiting for, and analysts say the current rally is gaining a momentum of its own and not simply riding on a weakening yen.
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Golfers with extravagant tastes are vital to the game’s culture, and upmarket brands have the goods to sell them at top dollar. CNBC.com presents a list of 10 extravagances for the golfer who demands--and can pay for--the best. Read ahead to see what they are and what they cost.
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Interest in bitcoins has reached fever pitch around the world helping the price soar to an all-time high earlier this week, and Finland is firmly tuned into the zeitgeist more so than even the U.S. or Japan.
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Fears of a rush for the exits from the U.S. bond market have been greatly exaggerated.
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Chinese tourists have overtaken Germans as the world's biggest-spending travelers after a decade of robust growth in the number of Chinese holidaying abroad, reports the United Nations World Tourism Organisation (UNWTO).
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Stocks and bonds have been telling different stories over the past few months, and the argument for prolonged slow growth is winning.
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Politics
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Atlanta Fed President Lockhart told CNBC more solid economic data and a "substantial improvement" in jobs are needed.
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The rhetoric is heating up: North Korea warned that its military has been cleared to wage an attack on the US, while the Pentagon beefed up its defense of Guam.
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President Obama is reportedly returning 5 percent of his salary in tribute to furloughed federal workers, with CNBC's John Harwood.
Fiscal Cliff
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The deal reached to avert the fiscal cliff in the US merely masks the bleak long-term outlook for the country, Nouriel Roubini said in an opinion piece for the Financial Times newspaper on Thursday.
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Sen. Shelby told CNBC he voted against the "fiscal cliff" deal because it moves us from one crisis to another crisis.
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The deal finally reached over the U.S. “fiscal cliff” should ultimately be positive for the U.S. stock market, according to The Gartman Letter writer and editor Dennis Gartman.