The Corporate Perception Indicator is a survey of the population and biz execs from 25 markets, conducted for CNBC and Burson-Marsteller.» Read More
Oil prices could spiral out of control and potentially herald deeper economic hardship for Europe if the European Union joins the US in banning Iranian oil imports, analysts warned on Friday.
Stocks rebounded from earlier losses to finish narrowly mixed Thursday, with the S&P adding small gains to the New Year rally, ahead of a key government employment report. Stocks had been under pressure earlier in the session amid ongoing jitters over the European debt crisis and a decline in the euro to its lowest level since September 2010.
The euro is having a rough ride, and this strategist sees more trouble ahead.
Europe, in recession, continues to "muddle through" its financial problems but the debt crisis will ease, according to one of 10 bold 2012 predictions by BlackRock's Bob Doll.
Futures slipped again Thursday even after a handful of encouraging data on the employment front as ongoing jitters over the euro zone's debt crisis kept investors from jumping in.
It will take more than Facebook to heat up the tepid market for initial public offerings, the New York Times reports.
The Dow and S&P clawed back into positive territory at the close Wednesday, adding to the sharp rally from the previous session, but gains were limited over renewed fears over the euro zone debt crisis.
Ford December auto sales are up 10 percent, revealing a positive result for the automaker, reports CNBC's Phil LeBeau.
Futures pulled back Wednesday, after a strong start to the New Year, as investors turned their focus once again to the euro zone's debt concerns.
Stocks eased off their highs in the final minutes of trading, but still finished the first trading day of 2012 with a bang, as Wall Street cheered a handful of better-than-expected economic reports from around the world.
US private construction will post growth this year for the first time since 2005, and will be an important driver of gross domestic product growth and job creation in 2012, according to a report by investment firm AllianceBernstein.
Volumes of Samurai bonds — yen-denominated bonds issued by non-Japanese entities — hit a 15-year high in 2011, and could be 20 percent higher in 2012, a Tokyo-based analyst told CNBC.com.
Futures soared, pointing to a sharply higher open on the first trading day of the New Year as investors were encouraged by a manufacturing report from China.
As the weak economy has trudged on, they have leaned on credit cards to pay for holiday gifts, many bought at discounts. They are dipping into savings to cover spikes in gas, food and rent. They are substituting domestic vacations for international trips, squeezing more life out of their washing machines and refrigerators and switching to alternatives as meat prices have risen. The New York Times reports.
Stocks closed lower in the final trading day of a heavily volatile year. The Dow finished higher for the year, while the S&P erased its gains to close out largely flat.
Futures were little changed on the last session of the year on Friday, with no notable economic data or earnings reports on tap.
What should investors watch in 2012? As the new year dawns, there are plenty of short-term issues on the horizon, ranging from the eurozone to fiscal gridlock in the US to upheavals in the Middle East. The Financial Times reports
Stocks climbed steadily to finish near their best levels Thursday as the euro erased its drop versus the greenback and after a handful of better-than-expected economic data.But volume remained thin in the final week of trading for the year.
CNBC's Jon Fortt reports how Verizon is faring since the company experienced a rough month from outage problems with its 4G LTE network.
Futures held their modest gains Thursday even after a slight increase in weekly unemployment benefits and mixed results from the Italian bond auction.