The Corporate Perception Indicator is a survey of the population and biz execs from 25 markets, conducted for CNBC and Burson-Marsteller.» Read More
Intervention to prop up the U.S. dollar would be wrong because the greenback must depreciate further, Martin Feldstein, president of the U.S.-based National Bureau of Economic Research, was quoted as saying on Friday.
U.S. President George W. Bush set the stage for a clash at his final NATO summit on Wednesday by pressing reluctant west European allies to set former Soviet republics Georgia and Ukraine on a path to membership.
The rebound in financial stocks is a golden opportunity to sell, as earnings will not return to the values before the beginning of the credit crunch, editor of the 'Gloom, Doom and Boom' report and long-standing bear Marc Faber told CNBC Europe Wednesday.
Maui is on the verge of becoming first area in the nation to average $4 for a gallon of regular. The average price in Wailuku reached $3.934 on Thursday, the highest price in AAA's Daily Fuel Gauge Report.
The head of Toyota Motor said he expected steady demand in North America this year despite a slowing economy, and said the automaker may need to take steps to counter a surging yen.
Worried euro zone policymakers pressured on Washington on Tuesday to do more to halt the dollar's decline, a day after the U.S. currency hit a record low against Europe's single currency.
The U.S. economy will likely avoid a recession but growth will slow to a crawl during the first half of this year, a panel of business economists forecast Monday.
Sales of existing homes fell to the lowest level in nearly a decade in January while the median price for a home dropped for the fifth straight month.
The distressed U.S. housing market should get a lift this spring as bargain prices lure prospective buyers, but tighter lending will limit any rebound.
Shares in Alcatel-Lucent dropped in U.S. trading, after the company scrapped its 2007 dividend and predicted a loss for the current quarter.
Stocks closed sharply higher as investors snapped up financial and homebuilder stocks on hopes that the Federal Reserve would keep cutting interest rates to prevent a recession.
U.S. stock index futures were sharply lower Monday, as fears of a U.S. recession grippedinvestors, suggesting Wall Street will join a global equity markets plunge when they resume trading Tuesday.
Stocks closed lower Friday, ending one of the market's worst weeks in years.
Vacancy rates at U.S. regional malls rose and rents fell during the fourth quarter due to concerns about consumer spending and a potential slowdown in the national economy, real estate research firm Reis said.
Shares in Swiss-based computer peripherals maker Logitech International gained up to 12 percent on Thursday amid speculation Microsoft would launch a takeover bid, traders said.
Christmas Eve brought glad tidings to Wall Street, with holiday cheer emanating from the battered financial sector and spreading through the market.
Barclays Bank accused Bear Stearns on Wednesday of loading one of its hedge funds with about $500 million in troubled assets just weeks before it collapsed with another fund.
Stocks closed mixed after another volatile day that featured lowered outlook for two key insurers, more jitters over credit and mixed results from an effort to shore up financials.
Stocks rebounded to close higher, helped by bargain hunting in beaten-down shares of large technology companies and a partial recovery by financial stocks.
Reinsurer Munich Re said Monday it reached a deal to buy U.S. healthcare insurer Sterling Life Insurance for $352 million (242.61 million euros) in cash, giving it more access to older Americans who want to buy health insurance.