WASHINGTON, Sept 2- U.S. manufacturing activity increased to its highest level in nearly 3-1/ 2 years in August and construction spending rebounded strongly in July, in further signs of vigor in the economy.» Read More
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.
Anticipating the start of Q3 earnings season, where Alcoa and Yum! Brands are preparing to report first, with Michael Thompson, S&P Capital IQ, and Mark Eibel, Russell Investments.
Discussing where the U.S. equity market is headed in the next five years, with Bill Nichols, Cantor Fitzgerald, and Warren Meyers, DME Securities.
This past Sunday, a bull fight in Colombia went out of control -- and what a metaphor for the markets. Bill Nichols, Cantor Fitzgerald, and William Braman, Ballentine Partners, share their market forecasts.
The S&P 500 peaked 1,565 five years ago today, and currently the market is about 8 percent from those highs. David Lutz, Stifel Nicolaus, and Peter Schiff, Euro Pacific Capital CEO, weigh in.
CNBC's Diana Olick reports on various reports regarding the housing recovery, including a Fannie Mae survey that shows only 11 percent of Americans think home prices will fall further.
The IMF just released its World Economic Outlook update, and expects the world economy to grow 3.3 percent this year, and 3.6 percent in 2013, reports CNBC's Jackie DeAngelis.
What to expect in tomorrow's trading session, with Brian Peery, Hennessy Focus 30 Fund; Stephen Hammers, Compass EMP Funds; and Chad Morganlander, Stifel Nicolaus.
Lee Buchheit, Cleary, Gottlieb, Steen & Hamilton, shares his take on the fiscal problems in the U.S. Buchheit was hired by Greece to restructure its debt last March.
The latest Thomson Reuters data says Q3 earnings for the S&P 500 are expected to fall 2.3 percent, with Jeff Kleintop, LPL Financial, and CNBC's Jeff Cox.
Discussing the preponderance of negative earnings forecasts, with Scott Wren, Wells Fargo Advisors; Hank Smith, Haverford Investments; and Josh Brown, Fusion Analytics.
All the major averages are up double digits this year, but investors are expecting a weak earnings season. Sam Stovall, S&P Capital IQ, and CNBC's Bob Pisani, discuss how to position yourself in the fourth quarter.