Brian Reynolds, chief market strategist at Rosenblatt Securities, gives his thoughts on the Federal Reserve's inevitable rate hike.» Read More
Edward Yardeni, Yardeni Research President, discusses Federal Reserve Chair Janet Yellen's monetary policy strategy.
U.S. stocks are little changed in midday trading as Federal Reserve Chair Janet Yellen continues her Congressional testimony. The Dow Jones industrial average was up 13 points, or 0.1 percent, at 18,222 as of 11:55 a.m. Eastern time Wednesday. Oil rose 89 cents to $50.24 a barrel in New York.
Fed Chair Janet Yellen addressed her public meeting schedule, and whether the Federal Reserve will raise rates.
*Greece debt deal supports euro but doubts persist. NEW YORK, Feb 25- The dollar fell against a basket of currencies on Wednesday on Federal Reserve Chair Janet Yellen's suggestion the U.S. central bank would not rush into raising interest rates, spurring traders to trim bullish dollar bets. Treasuries from recent highs, as Yellen's testimony to Congress...
*MSCI world index strains for all-time high. *Gold rebounds from 7- week low plumbed in previous session. Federal Reserve Chair Janet Yellen suggesting that the U.S. central bank is in no rush raise interest rates.
European equities ended lower on Wednesday as investors focused on a slew of corporate earnings and a second day of testimony by the U.S. Federal Reserve Chair Janet Yellen.
BUENOS AIRES, Feb 25- Argentina, shunned by the global debt market for more than a decade, believes it has an opportunity to raise debt internationally and is considering issuing a long-term dollar-denominated bond. Any new bond would be issued under local Argentina law, officials said. Investors piled into a new $500 million bond from the city of Buenos Aires...
*Yellen testimony to House identical to Senate testimony. Analysts watching Yellen for any changes from testimony she gave to a Senate panel Tuesday said the unchanged text supported the dovish interpretation that led yesterday's rally in Treasuries prices. "Certainly we would be looking for some hint that she's walking us back, but if not the market is...
Janet Yellen gives the Senate Banking Committee a decidedly dovish tone on interest rates.
WASHINGTON, Feb 25- New U.S. single-family home sales fell less than expected in January and supply rose to its highest level since 2010, hopeful signs for a sluggish housing market. The Commerce Department said on Wednesday that sales dipped 0.2 percent to a seasonally adjusted annual rate of 481,000 units. December's sales pace was revised up to 482,000 units,...
President Obama is proposing new and tighter regulations on financial advisors which handle 401(k) and IRA retirement plans. John Bogle, The Vanguard Group, weighs in.
Stocks at record highs, and all eyes are on the Fed. John Bogle, The Vanguard Group, says stocks are not cheap and there is no easy way to get income today but investors should not try to "hype" up the income by taking greater risks.
The sustainability of this globally orchestrated move in equities seems challenged as many headwinds remain.
CNBC's Steve Liesman analzyes how the market reacted to the first day of Federal Reserve Chair Janet Yellen's testimony.
U.S. stocks are opening slightly lower ahead of another round of Congressional testimony from Federal Reserve Chair Janet Yellen. The Dow Jones industrial average fell nine points, or 0.1 percent, to 18,197 as of 9:35 a.m. Eastern time Wednesday. Oil rose 13 cents to $49.42 a barrel in New York.
NEW YORK, Feb 25- U.S. stocks opened flat on Wednesday, with major indexes at records, as investors awaited a second day of testimony from Federal Reserve Chair Janet Yellen and data on the housing market.
*New home sales data expected at 10 a.m.. NEW YORK, Feb 25- U.S. stocks index futures pointed towards a flat open on Wednesday, after the Dow and S&P 500 climbed to their latest records, before a second day of testimony from Federal Reserve Chair Janet Yellen and data on the housing market. "There is a pregnant pause in the market this morning," said Peter Kenny, chief market...
*MSCI world index strains for all-time high. *Gold rebounds from 7- week low plumbed in previous session. Following Wall Street's gains on Tuesday and more rises in Asia overnight, however, MSCI's 46- country world index was up 0.1 percent at 433.29 points and straining for the 434.24 all-time peak it scaled in September.
Sen. Heidi Heitkamp, (D-N.D.), shares her thoughts on Janet Yellen's testimony on Fed monetary policy
Sen. Heidi Heitkamp, (D-N.D.), shares her thoughts on President Obama's veto of the Keystone pipeline. The whole issue is purely political, says Heitkamp.