Llamas weren’t the only things running wild on Thursday; “Mad Money” host Jim Cramer has a stock galloping higher.» Read More
Stocks rallied to session highs in the final hour of trading Thursday as investors snapped up beaten-down stocks following the international trade report and after the Greek Cabinet supported a new round of austerity measures for the debt-ridden nation.
When states make their pitches to companies, those pitches invariably include selling points that will somehow be paid for by taxpayers. Business incentives, quality education, strong infrastructure—none of that is free.
CNBC Senior Energy Correspondent Sharon Epperson discusses a mystery trade in natural gas:
Stocks advanced Thursday, buoyed by banks and energy, seeking to reverse a six-day losing streak as investors were encouraged report showing that exports hit a record high in April, narrowing the U.S. trade deficit.
Futures added to gains Thursday even after new claims for unemployment benefits gained last week, and following news the U.S. trade deficit fell unexpectedly.
Jobless claims for this week are up by 1000 and the April trade deficit is better than expected. A breakdown, with Joe Kinahan and Jim Iuorio at the CME, Jim O'Sullivan, MF Global; Mohamed El-Erian, Pimco and CNBC's Steve Liesman.
Economic data on both sides of the Atlantic pointing to a slowdown is rattling investors' nerves and is likely to keep them on the sidelines for the rest of the month, Barclays Capital expects.
Dominique Strauss-Kahn, naturally, isn't attending this year, and his likely successor Christine Lagarde is in China, but the Bilderberg Conference, which kicks off in the Swiss resort of St. Moritz on Thursday, retains its conspiratorial chic and pulling power.
The housing market in many US cities is performing better than recently released national data would suggest, leading some analysts and real estate brokers to express cautious optimism about the prospects for a recovery, reported the FT.
Stocks finished lower for the sixth-consecutive session Wednesday as investors worried over a slowing recovery following Ben Bernanke's grim outlook and after the Fed's latest Beige Book, which showed signs of a slowdown in several regions.
I have to differ with those who say Bernanke tanked the market in Tuesday's remarks to the International Monetary Conference. My read is he's throwing the market a bone, not taking one way.
Stocks were poised to close lower for the sixth-straight session Wednesday amid concerns over the recovery following Ben Bernanke's grim economic outlook and after the Fed's latest Beige Book stated that several regions showed signs of a slowdown.
Long-term Gap shareholders will need to be a little more patient. The nation's largest apparel retailer told investors gathered at the Piper Jaffray Consumer Conference in New York Wednesday that some of the actions it plans to take to turn around its business will be apparent by this Christmas holiday season, but most won't come until next year.
Stocks fluctuated in a narrow range Wednesday amid concerns over a grim economic outlook, while oil prices advanced after OPEC failed to reach an agrreement on hiking production.
A recovery in the US housing market and growth for the US economy are key to the global economic recovery, along with growth in China and further funding for Greece, Gary Baker, head of European equity strategy at BofA Merrill Lynch told CNBC.
Futures fell Wednesday as investors worried over Fed chairman Bernanke's view of the economy and technical market indicators that point to more weakness ahead.
Helping individuals to make money is the next big trend for investing in online companies, according to one of the early investors in TweetDeck.
What is one to make of recent economic data, particularly in the advanced countries? Is the world economy slowing? If so, should policy do anything about it and, if so, what might the alternatives be? The FT reports.
The US economy could be facing a so-called Operation Twist rather than a third round of quantitative easing (QE3), a leading economist told CNBC Wednesday.
Agustin Carstens, the underdog candidate to head the International Monetary Fund, has accused European governments of trying to pre-empt the fund’s succession process and failing to tackle their own debt problems, reported the FT.