The number of new U.S. unemployment claims rose sharply last week, even as retail sales gained solidly.» Read More
In an exclusive CNBC interview, Charles Schwab, chairman of the eponymous firm, discusses its accountability guarantee, as well as retail investors and bitcoin.
Are we out of the crisis? Dan Greenhaus, BTIG; Adam Grimes, Waverly Advisors CIO; and CNBC's Steve Liesman and Herb Greenberg discuss.
Another month of strong U.S. hiring and an unexpected drop in the jobless rate reported on Friday prompted several economists to bring forward their expectations for when the Fed will begin paring back its $85 billion of monthly bond buying.
Improvements in the job market make reductions to the Fed's massive bond-buying program more likely, a top Fed official said.
Art Cashin, UBS director of floor operations, discusses market pressure following the jobs report and when he thinks the Fed will begin to taper.
Chad Morganlander, Stifel Nicolaus portfolio manager, and Dan Greenhaus, BTIG chief global strategist, discuss the outlook for the stock market as talk of the Fed tapering intensifies. Morganlander says he is biased to equities and bearish on bonds.
The income gap is widening fastest for Americans between the ages of 35 and 44, according to new analysis from Bankrate.com.
CHICAGO, Dec 6- With inflation as low as it is, Chicago Fed President Charles Evans told reporters Friday that he "can't imagine" raising the fed funds rate even when unemployment falls to 6.25 percent, below the threshold the Fed has set for considering a rate hike. The fed funds rate is the rate that banks lend cash to each other overnight.
Digging into current market conditions, with FM contributor Tim Seymour; writer and private investor Evan Newmark; and CNBC contributor Greg Ip.
Does the jobs report give the Fed permission to taper? CNBC's Jeff Cox and Matthew Slaughter, Dartmouth College, economics professor & associate dean, Tuck School of Business, discuss the QE effect on the economy and when taper should begin.
Discussing in what sectors he sees growth for hiring, and the global economy, with Frank Friedman, Deloitte LLP CFO. Hiring 18,000 or more each year is the new normal for Deloitte, Friedman says.
Discussing how the jobs report influenced the big market day, with Abigail Doolittle, Peak Theories; Rich Peterson, S&P Capital IQ; Robert Luna, Sure Vest Capital Management; Kenny Polcari, O'Neil Securities; and CNBC's Rick Santelli.
Discussing fast-food workers' push for a $15 minimum wage, and the burden to small businesses, with William Rodgers, Rutgers University public policy professor, and Republican strategist Joe Watkins.
Digging into today's jobs data with William Rodgers, Rutgers University public policy professor, and Republican strategist Joe Watkins.
NEW YORK, Dec 6- The dollar rallied against the yen on Friday after stronger-than-expected U.S. jobs data raised chances the Federal Reserve may start paring its bond buying program sooner than expected. U.S. employers added 203,000 new jobs in November, exceeding expectations, and the jobless rate fell to a five-year low of 7.0 percent, the Labor Department said.
CNBC's Bob Pisani looks at what's moving in the markets, including interest rate-sensitive stocks and what retailers continue their ugly week.
NEW YORK, Dec 6- Oil rose on Friday, supported by expectations of increased demand after the government reported the jobless rate fell to a five-year low in the United States, the world's top oil consumer, adding to a week's worth of strong economic data.
Despite a five-year low in the unemployment rate, the long-term jobless haven't found relief, White House economist Jason Furman tells CNBC.
Jose Wynne, head of foreign exchange research at Barclays, says that Friday's jobs number is not strong enough to trigger an early start to Federal Reserve tapering.
Jack Ablin, BMO Private Bank executive VP & CIO, and David Kelly, JPMorgan Funds chief global strategist, discuss when the Fed will likely taper. "We are going move away from taper and put an emphasis on forward guidance," says Ablin.