WASHINGTON— Harsh winter weather left U.S. consumers feeling a bit less confident this month, the University of Michigan says. The University of Michigan says its index of consumer sentiment slid to 95.4 in February from an 11- year high of 98.1 in January. "Consumers remain sensitive to any hint of decreased spending power," Terry Sheehan, senior analyst at Stone...» Read More
The US Treasury would effectively accommodate a possible Federal Reserve stimulus to drive down long-term interest rates, according to people familiar with the matter. The FT reports.
Friday’s disappointing US non-farm payrolls data showed no jobs where created in the US in August sending stocks sharply lower as fears over a recession intensified.
The week's top business news and investment advice, including telecom and retail picks, with CNBC's Oriel Morrison.
If President Obama wants to create more jobs and fix the economy, he should "put down a marker" and fight the Republicans in Congress, Robert Reich told CNBC Thursday.
The private sector created 91,000 jobs last month, a shade below expectations, according to a report from ADP that sets the stage for a likely weak report the government will release Friday.
A look at the factors that will weigh in on markets and the economy, including consumer confidence dropping and the jobs situation, with Brian Belski,Oppenheimer Asset Management and Barry Knapp, Barclays Capital.
Despite ongoing sovereign debt issues in the euro zone and the US, and fears of a double dip recession in the developed world, equities are undervalued and investors should consider building their exposure to them, according to Edmund Shing, head of European equity strategy at Barclays Capital.
"We have been seeing growth coming down for some time already. We are probably going into negative territory around spring of next year; it is not for certain, but that is the most likely scenario," Roger Nightingale, strategist at RDN Associates, told CNBC.
UK households saw their finances deteriorate faster than during the height of the recession in 2009 in August, a survey showed on Monday, in a sign that the economic recovery remains fragile in the country as prices rise and incomes fall.
Despite demand for gold falling to 17 percent in the second quarter compared to the same period in 2010, the World Gold Council says that full-year demand will increase because of a rush to safe haven assets as market volatility has ramped up.
The Obama administration has focused on quick fixes that have done little to fix the intractable problems facing the U.S. economy, Stamford Economics Professor Edward Lazear told CNBC Wednesday.
Caterpillar CEO Doug Oberhelman said if President Barack Obama is serious about job creation, he should start with getting free-trade agreements signed with Panama, Colombia, and South Korea.
Discussing President Obama's meeting with CEOs, and the best ways to play the volatility, with CNBC's Eamon Javers; Craig Columbus, Advanced Equities Asset Management; Robert Pavlik, Banyan Partners; and CNBC's Ron Insana.
Discussing what's behind today's market rebound, with Jack Caffrey, J.P. Morgan Private Bank; Oscar Carboni, Omni Trading Academy, and John Silvia, Wells Fargo.
The volatility index is impacting the individual investor. Insight with Fredric Tomczyk, TD Ameritrade CEO.
The slump in stock markets this week offers investors an opportunity to make money on good companies dragged down by negative sentiment, an analyst told CNBC on Wednesday.
Investors woke up Monday to a world in which America is seen as a greater credit risk than anytime in recent history, and they didn't like what they saw. The conversation around why we were downgraded can get as wonky as we want, but let’s not get caught up in the weeds. We are where we are because the problem is simple: Our country spends far more than it takes in—trillions more.
Goldman Sachs, in a bearish forecast, expects 2 percent growth in the U.S. for the next few quarters and a "significant risk, one in three, that we will go back into recession," senior economist Jan Hatzius told CNBC Friday.
Americans often check their receipts to make sure they've bought everything they need, and probably to see if what they paid this time is any different from the last trip. The government does the same with the Consumer Price Index. Here are the details.
Research In Motion on Wednesday unveiled five new BlackBerry phones with touchscreens, as it hopes to revive the line's dwindling appeal in the face of competition from the iPhone and Android smartphones.