July 23- For other related diaries, please. WARSAW- Central Bank of Poland Marek Governor Belka speaks in parliament. MEXICO CITY- IMF presents its latest World Economic Outlook report- 1400 GMT.» Read More
Since I've started this blog I've have had people react strongly to some of the things I've said. But NOTHING compares to the e-mails I've read after advocating the need for Federal loans to help the Big 3 automakers re-tool and rebuild their operations.
Thunder rolled across Las Vegas in a sudden downpour Monday, a literal representation of the perfect storm that has rocked Sin City.
Stocks could slog around again Wednesday as the final days of summer fade and trading volume fades away as well.
Stocks finished flat Tuesday, caught in the August crosswinds of a strong dollar and Hurricane Gustav. Oil rose more than $1 to settle at $116.27 a barrel.
Stocks struggled to remain above water Tuesday, caught in the crosswinds of a strong dollar and Hurricane Gustav.
They say timing is everything. For Honda nothing could be truer. In the next couple of weeks an updated version of the company's red-hot subcompact, The Fit, will start rolling into showrooms. Talk about having the right model in place at the right time.
There were two emotional centerpieces in the first night of the Democratic National Convention. And another big one comes tonight -- with big consequences for the success of the DNC gathering in Denver.
Below is the minutes released by the Federal Open Market Committee after its July 24 meeting on interest rate policy:
Most Fed officials thought interest rates weren't too low at the August meeting, but they also expected their next move would be to boost rates, minutes show.
Stocks swayed between positive and negative territory Tuesday, caught in the crossbreezes of a strong dollar and Hurricane Gustav.
U.S. stock index futures indicated a slightly higher open for Wall Street on Tuesday as the dollar strengthened.
Global markets and economies can be pretty much be summed up in three words -- worst not over. That's what one economist told CNBC's Asia Squawk Box Tuesday.
A principal concern of Barack Obama's campaign is preventing lingering tensions with Hillary Clinton and her supporters from clouding the message he wants the Democratic National Convention in Denver to convey to swing voters: about his life story, about the shortcomings of John McCain, and about his own vision for the country.
Let's get some things straight. As I write this blog, I'm fully aware some of you will scoff at the idea of the Federal government offering billions of dollars to the Big 3 in restructuring loans. I know some of you will say, "Don't give them a bail out. Let'em go under."
As the Democrats prepare for the national convention in Denver, Barack Obama's wife Michelle is set to take the stage. Watch the CNBC.com video for John Harwood's analysis.
Medal Round - Final: The Beijing Olympics have come and gone, and so does our World Markets Olympic Challenge. The USA's S&P 500 surged on its last day of the competition to solidly take the gold. See how the other indices finished here.
Four years of Olympic navel gazing starts here -- and it's about time the Brits got on board. As a nation we so love moaning about our capital city, London, that we ignore the cool rating it gets from the rest of the world.
For the week ending Friday, August 22, 2008, the U.S. major Indices fell for the week on the unknown future of mortgage giants Freddie Mac and Fannie Mae, downbeat home construction July data, and soaring producer prices. The NASDAQ Composite performed the worst for the week, declining 1.54%, its steepest decline since Independence Day week. However, Friday was a positive day for the markets helped by a welcome speech by Federal Reserve Chairman Ben Bernanke and a pull back in the price of crude. The Dow had three days of triple-digit point gains & losses, netting to finish almost flat for the week.
As U.S. Fed chiefs met in Jackson Hole, Wyoming to discuss ways of preventing another credit crisis, CNBC's Steve Liesman asked top economic minds for their insight on the government's actions.
Federal Chairman Ben Bernanke indicated the Fed should be able to keep interest rates low for some time, as the recent drop in commodity prices should reduce the threat of inflation.
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