WASHINGTON— The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies. The lending organization predicted Thursday that global growth will be 3.4 percent in 2014, below its April forecast of 3.7 percent.» Read More
What to expect from tomorrow's markets after tonight's final presidential debate, with Michael James, Wedbush Securities; Jordan Kimmel, Benjamin Securities; and Kimberly Foss, Empyrion Wealth Management.
Chicago has had 409 homicides so far in 2012, and one city official is proposing a new tax on each bullet as a solution. Lenny McAllister, Republican strategist, says the proposal is ridiculous.
Google's printers prematurely released the company's earnings, and the stock weakened until trading was halted. Don Luskin, Trend Macro CIO, discusses the state of the U.S. stock market, and the upcoming elections.
A new study from the Congressional Research Service finds that federal spending on welfare has increased 33 percent since 2008. Larry Kudlow is outraged!
CNBC Contributor Robert Costa weighs in on the Romney Camp's efforts in Florida today; and a CRS report says the Federal and State Governments combined have spent almost $1.03 trillion on welfare, with Douglas Holtz-Eakin, American Action Forum president, and CNBC Contributor Jared Bernstein.
The American people are looking for answers, not attacks, says Mitt Romney. CNBC Contributor Howard Dean, and Romney Surrogate Tom Stemberg, discuss what the case for re-electing President Obama is.
The Treasury confirmed the government deficit topped $1 trillion, and the Nobel Peace Prize goes to the European Union, reports CNBC's Bertha Coombs. James Pethokoukis, American Enterprise Institute, weighs in.
The markets had a tough week on Wall Street, and the Dow shed a brutal 281 points. Could Romney bring a market rally in the future? Zach Karabell, River Twice Research president, and Lee Munson, author of "Rigged Money," weigh in.
A slew of earnings are set to be released next week, so how should you position your portfolio? Stephen Gallagher, Societe Generale; Mark Luschini, Janney Montgomery Scott; and Ryan Detrick, Schaeffer's Investment Research, offer investment strategies.
Tracking recent trends in the major stock indexes, with David Darst, Morgan Stanley Wealth Management, and Kenny Polcari, ICAP.
Both financial and technology stocks have been the major pillars for the equity market, so how might earnings season impact sentiment next week? David Darst, Morgan Stanley Wealth Management, and CNBC's Bob Pisani share their opinions.
Wells Fargo CFO Tim Sloan, discusses quarterly earnings, housing starts and prices, and whether a recovery is happening. "We're very optimistic on the housing business," he says, and "statistics show improving housing starts and prices."
The Dow is about to close lower for the fifth day in a row. Michael Gayed, Pension Partners explains why he thinks either a correction or something more severe is here. Stephanie Link, The Street; Eric Marshall, Hodges Capital Management; and CNBC's Rick Santelli, weigh in.
JPMorgan's earnings were a mixed bag, reports CNBC's Kayla Tausche, saying investment banking earnings declined sharply from last quarter amid lower volumes.
According to former Speaker Newt Gingrich, expect the Obama campaign to break down in the weeks ahead.
Republican VP Nominee Paul Ryan wants to reach out to youth voters in the debates tonight, says Robert Costa of the National Review; and Newt Gingrich, former presidential candidate (R), says he thinks "President Obama is disoriented right now," and that "Biden will try to re-establish some sense of momentum tonight."
CNBC's Steve Liesman and Rick Santelli discuss Goldman CEO Lloyd Blankfein's comments on the fiscal cliff on CNBC today.
What to expect in tomorrow's trading session, with Laif Meidell, American Wealth Management; Sahak Manuelian, Wedbush Securities; and Paul Christopher, Wells Fargo Advisors.
According to LPL Applied Analytics, short sales surpassed foreclosures last spring. CNBC's Jane Wells reports a congressional committee estimates the tax-free debt forgiveness will cost close to $1 billion in lost revenue to the government. Jason Haber and CNBC's Rick Santelli, weigh in.
Glenn Hutchins, Silver Lake co-founder, provides perspective on the global economy, and how much the IMF forecast plays a role in his decisions. "We need to restore people's confidence because of some of the glitches that have occurred -- by the way, these glitches have been about technology to run markets -- they're not about high frequency trading," he says.