The slick stuff has been on a slide, but "Mad Money" host Jim Cramer has found value in this energy name.» Read More
Uncertainty is likely to continue in the financial sector for at least another two weeks, causing more depression, Ralph Silva, research director at Tower Group, told CNBC on Thursday.
The end result of the global economic slowdown may be the U.S. announcing national bankruptcy as the government cannot afford the bailouts that it promised and the market will not bail out the government, Martin Hennecke, senior manager of private clients at Tyche, told CNBC on Thursday.
"The US government takeover of the GSEs......makes the US the most socialist system in the world, outside of places like North Korea and Cuba. It will have 75% of its current housing finance and the majority of its remaining capital allocation being financed with credit that is directly and indirectly the result of government and Fed intervention," according to Independent Strategy.
The nationalization of Fannie Mae and Freddie Mac shows that the U.S. is "more communist than China right now" but its brand of socialism is meant only for the rich, investor Jim Rogers, CEO of Rogers Holdings, told CNBC Europe on Monday.
Europe cannot decouple from the US, and current indicators point to a worse slowdown for the euro zone economies than for the United States, according to Jim O’Neill, Head of Global Economics at Goldman Sachs.
Although attention is focused on the petroleum industry as Hurricane Gustav takes aim at the Gulf Coast, billions of dollars are at stake in other economic sectors: New Orleans' trademark tourism industry, the shipping business, sugar harvesting -- and even such niche products as red-hot Tabasco sauce.
Companies with good dividend payments are attractive during periods of market volatility, Wouter Weijand, chief investment officer of high income equity at Fortis Investments said Friday.
The Dow took the Fed ball and ran with it, crossing the finish line with a gain of more than 330 points.
The Dow got a pop of relief after the Fed announced plans to hold rates steady and said inflation should moderate.
Stocks rallied unusually sharply for a Fed-meeting day, buoyed by oil's drop below $120 a barrel and a better-than-expected report on the services sector.
Stocks jumped after a report showed a better-than-expected improvement in the service sector last month. The market had already been buoyed by falling oil prices and confidence that the Federal Reserve won't deliver any surprise surprise rate moves.
Stock index futures pointed to a solid rise at the start of trading Tuesday, with sentiment buoyed by falling oil prices and confidence the Federal Reserve won't surprise the Street with any rate moves at its afternoon meeting.
In the spirit of the Beijing Olympics set to begin on Friday, we thought it would be fun to apply a CNBC twist to the summer games. Which World Market Index is poised to win the gold?
A lawsuit against UBS alleging that the Swiss bank engaged in fraud related to holdings of a fund in loss-making company Endwave was dismissed by a New York Supreme Court judge, court documents showed.
U.S. investment bank JP Morgan has held talks with potential partners about forming a consortium to break up British bank HBOS, the UK's Telegraph newspaper reported on its Web site.
San Francisco, New York and Boston are the United States' most walkable cities, according to new rankings from a Web site that evaluates how easy it is to live in the nation's cities and neighborhoods without a car.
The United States is heading for recession despite modest growth in the first half of the year, but strength in Germany is keeping European growth prospects a bit brighter, Fitch Ratings said on Thursday.
In a time of rising food prices, investors should have agricultural stocks in their portfolios, Victor Badin, fund manager at Global Cap, said.
Investors should ignore recent signs of strength and face up to the fact that we will face a prolonged bear market, John carter, president of Trade The Markets, told CNBC Wednesday.
The market for initial public offerings in the United States suffered its worst quarter since the third quarter of 2003, as canceled IPOs easily outpaced the number of new offerings, according to preliminary Thomson Reuters data.