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  • S&P Gains 4.2% for Week Ahead of Earnings Friday, 4 Apr 2008 | 4:37 PM ET

    Major stock indexes ticked higher Friday though the market was broadly mixed. General Motors skidded, while UBS shares advanced.

  • Oil Ends Up at $106.23 on Weak Dollar Friday, 4 Apr 2008 | 4:04 PM ET
    Traders buy and sell crude oil futures contracts at the New York Mercantile Exchange.

    Oil prices rose more than 2 percent Friday as weakness in the U.S. dollar following a batch of soft jobs data outweighed fears of a demand slowdown in the world's biggest energy consumer.

  • European Stocks Head for Another Shaky Ride Friday, 4 Apr 2008 | 1:31 PM ET

    Deepening concern over the state of the U.S. economy and its impact on Europe will lead to further uncertainty in European stock markets next week, as investors look to interest-rate decisions from major central banks for reassurance.

  • Job Outlook for '08 Grads: Fewer Offers, Higher Pay Friday, 4 Apr 2008 | 12:40 PM ET

    For those graduating college this year, getting a job will be a little harder than last year—but will likely pay more.

  • Dollar Falls vs. Euro, Yen After US March Jobs Data Friday, 4 Apr 2008 | 12:15 PM ET
    Dollar and Euro

    The dollar fell against the euro and yen Friday in volatile trading as investors digested the U.S. March jobs report and focused on the rise in the unemployment rate.

  • If recessions are best seen through the rear-view mirror, then Friday's jobs data makes the current state of the economy pretty clear.

  • Financials Lead Stocks Lower; UBS Climbs Friday, 4 Apr 2008 | 10:38 AM ET

    Stocks opened flat Friday as investors shrugged off a worse-than-expected March employment report.

  • German Manufacturing Orders Drop on Weak Demand Friday, 4 Apr 2008 | 9:57 AM ET

    German manufacturing orders dropped 0.5 percent in February from the previous month due to weaker foreign demand, the government said Friday. The decline comes as the euro hovers near an all-time high against the U.S. dollar.

  • US employers cut payrolls by a bigger-than-expected 80,000 in March, more evidence that the economy is in a recession.

  • McTeer: Strengthen Dollar, But Not Yet Friday, 4 Apr 2008 | 7:54 AM ET

    The Federal Reserve has been wise to keep the dollar weak as the economy navigates its way through the current liquidity shortage, the former chairman of the central bank's Dallas branch said.

  • Asian Markets End Mixed Ahead of US Job Data Friday, 4 Apr 2008 | 5:43 AM ET

    Asian markets closed near one-month highs Friday, with investors trading cautiously ahead of U.S. jobs report that is expected to raise fresh concerns that the economy is closer to a recession. Japan finished lower, but South Korea and Australia closed almost unchanged.

  • Fed's Yellen Hints at Recession, Rates Uncertain Friday, 4 Apr 2008 | 4:11 AM ET
    Janet L. Yellen

    For the second time this week, a senior Federal Reserve official conceded the United States economy could slip into recession, but suggested the central bank should wait to see if more rate cuts are needed.

  • S. Korea Economy Faces Difficulty in Second Quarter Thursday, 3 Apr 2008 | 10:57 PM ET

    South Korea's economy is estimated to have grown nearly 6 percent in the first quarter of this year over a year earlier but faces difficulty in the current quarter, a senior Finance Ministry official said on Friday.

  • Australia's RBA Sees Demand Cooling as Sales Fall Thursday, 3 Apr 2008 | 10:42 PM ET

    Australia's top central banker said on Friday there were signs that domestic demand was cooling in a way that would help restrain inflation, suggesting he thought interest rates had risen enough for now.

  • Japan May Keep Shirakawa as BOJ Governor Thursday, 3 Apr 2008 | 9:31 PM ET

    Japan's government may nominate acting central bank governor Masaaki Shirakawa as permanent head of the bank, hoping that a candidate already approved by parliament will not be vetoed by opposition lawmakers, the Nikkei newspaper said on Friday.

  • Meet John McCain, Centrist Thursday, 3 Apr 2008 | 5:18 PM ET

    Watch what politicians do, not what they say: John McCain has been trying to reassure his base that he's an economic conservative. But here's McCain, on MSNBC's Morning Joe today, embracing the new Senate housing bill include federal money for new housing tax credits and state housing bonds.

  • CNBC viewers have been glued to the Senate Banking Committee's hearing on Bear Stearns all day (unless you turned the channel and as loyal viewers you'd never do that right?). Meanwhile there's been another feisty hearing underway on Capitol Hill as the Senate Energy and Natural Resources Committee tries to examine the impact of "speculative" investors on the price of oil.

  • Oil Settles Below $104 on US Demand Worries Thursday, 3 Apr 2008 | 3:11 PM ET
    Traders buy and sell crude oil futures contracts at the New York Mercantile Exchange.

    U.S. crude oil futures fell on Thursday, finishing a volatile open outcry session lower as traders weighed the effect of lower demand and the direction of the dollar, causing seesaw trading.

  • Paulson: US Economy Faces a Tough Quarter Thursday, 3 Apr 2008 | 10:53 AM ET
    Henry Paulson

    The U.S. economy has taken a sharp turn for the worse and is facing a tough quarter, U.S. Treasury Secretary Henry Paulson said on Thursday.

  • Dollar Gains after Services Sector Report Thursday, 3 Apr 2008 | 10:16 AM ET
    Dollar and Euro

    The dollar gained against the euro Thursday after news the U.S. service sector shrank less than expected in March.

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