The Corporate Perception Indicator is a survey of the population and biz execs from 25 markets, conducted for CNBC and Burson-Marsteller.» Read More
Stock markets rallied significantly on Wednesday following a joint statement from Angela Merkel and Nicolas Sarkozy on defending Greece and such political action could pose a big threat to stock bears, according to Philippe Gijsels, the head of research at BNP Paribas Fortis Capital Markets in Brussels.
World Bank President Robert Zoellick tells CNBC's Larry Kudlow the world has entered a new economic danger zone.
Stocks closed off their best levels but were still sharply higher Wednesday in another volatile session after Greek, French and German leaders renewed their pledges to aid Greece, soothing investor fears over recent rumors of a default.
As if the troubles in Europe were not enough, two months of the most turbulent markets in decades are expected to hurt trading results for the nation’s largest banks, the New York Times reports.
Futures were higher Wednesday as investors were encouraged by the European Commission that said it would present options for joint euro zone bonds and largely shrugged off retail sales that came in weaker than expected.
Bill Ackman can always be relied on to provide a little excitement in investing circles. His lunchtime presentation at CNBC and Institutional Investor’s Delivering Alpha conference today will be no exception. The founder and CEO of hedgefund Pershing Square Capital Management will unveil his latest investing idea.
Another 2.6 million people slipped into poverty in the United States last year, the Census Bureau reported Tuesday, and the number of Americans living below the official poverty line, 46.2 million people, was the highest number in the 52 years the bureau has been publishing figures on it.
Stocks rallied to finish higher in another volatile session Tuesday, led by industrials and materials, but investors continued to remain cautious over the euro zone debt crisis and the economy.
Futures pared most of their earlier losses Tuesday, but investors continued to remain on edge over the ongoing European debt concerns and a handful of tepid economic news.
They are a cornerstone of Chrysler’s unlikely comeback: 900 employees turning out a Jeep Grand Cherokee sport utility vehicle every 48 seconds of the working day at an assembly plant here.
Stocks rallied in the final hour to finish near session highs Monday, erasing their earlier losses in choppy trading, following an FT report that China was in talks with Italy to purchase its bonds.
Stocks opened lower Monday amid heightened concerns that Greece is not doing enough to avoid default grow and as European banks hit their lowest level since March 2009.
Stocks closed firmly in the red Friday amid fears that Greece may default on its debt and following news that ECB's Juergen Stark will resign.
As the NFL's Green Bay Packers and New Orleans Saints kicked off the football season on Thursday, even America's most popular sport finds that it isn't entirely spared by the recession.
Futures were lower Friday, after President Barack Obama introduced a $447 billion plan to boost jobs on Thursday but did little to reassure concerns about the tepid economic growth.
Stocks ended lower in volatile trading Thursday after Fed Chairman Ben Bernanke failed to provide additional detail on how to boost the weakening U.S. economy and as investors looked ahead to President Obama's jobs speech later this evening.
Futures slipped further Thursday as investors were disappointed by the weekly jobless claims report that showed a gained, while trade deficit rose less than expected.
Futures extended their rally Wednesday, attempting to rebound from a three-day decline, following a German court ruling in favor of the country's participation in Greece bailout.
The current market volatility and uncertainty has made finding what to buy even more difficult, Pedro De Noronha, managing partner at Noster Capital, told CNBC.com Wednesday.
What is to be done? To find an answer, listen to the markets. They are saying: borrow and spend, please. Yet those who profess faith in the magic of the markets are most determined to ignore the cry. The fiscal skies are falling, they insist, according to the FT.