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  • Gloom & Doom Economist Says Worst Is Yet to Come Monday, 22 Oct 2007 | 2:51 PM ET

    Marc Faber, editor and publisher of The Gloom, Boom & Doom Report, thinks the worst is yet to come for the global economy. Appearing on CNBC's "Squawk Box," the economist and managing director of Marc Faber Ltd., explained his bearish outlook -- and offered advice for how to play a glum market.

  • Dollar Hitting Bottom As Stocks Rebound? Monday, 22 Oct 2007 | 2:43 PM ET

    Is the U.S. dollar bottoming? CNBC's Rick Santelli thinks it might be. The dollar has been on a downhill slide against the euro and other currencies for weeks now. As of the end of last week, the dollar lost 7.7% against the euro since the beginning of the year, and it continued to move lower overnight. But it did a reversal this morning, and that makes Santelli think it's time to look at the charts.

  • Stocks Ready To Stabilize? Monday, 22 Oct 2007 | 12:25 PM ET

    Traders expecting a sloppy day, with weakness at the open, but many are anticipating an attempt to stabilize right after that: others insist there is no reason to step in and be a hero on the long side.

  • UK Housing Prices Will Not Plunge: Item Club Monday, 22 Oct 2007 | 11:47 AM ET

    The liquidity squeeze which has affected the global financial markets in the past three months is not likely to cause a correction in the UK housing market, Peter Spencer, chief economic advisor for Ernst & Young's Item Club, told CNBC's "Squawk Box Europe" Monday. 

  • Dollar Rallies from Session Lows, Yen Gains Monday, 22 Oct 2007 | 11:23 AM ET

    The dollar rebounded from a fresh low on Monday after as traders pared back bets against the currency after the weekend's Group of Seven meeting yielded no call to action on the falling greenback.

  • Global Stock Sell Off Continues Monday, 22 Oct 2007 | 8:46 AM ET

    Worry about slowing economic growth and a new bout of credit fears ignited the global sell off in stocks which continues into the U.S. open. Wall Street was the first market to spiral downward in Friday's big sell off amid worries the U.S. sub prime mess will take longer to sweep away than expected and is fanning out into other types of credits.

  • Asian Markets Close Lower, India Gains Monday, 22 Oct 2007 | 6:58 AM ET

    Asian markets closed lower Monday, but pared back heavy losses suffered in the morning session and India's Sensex eked out a slight gain. Japan ended 2.2 percent lower while South Korea dropped 3.3 percent. 

  • Australia Producer Prices Add to Inflation Pressure Sunday, 21 Oct 2007 | 10:44 PM ET

    Australian producer prices rose faster than expected last quarter, led by higher food and construction costs, fueling concerns consumer inflation could accelerate enough to provoke another hike in interest rates.

  • Zoellick Wins Backing for New World Bank Strategy Sunday, 21 Oct 2007 | 8:38 PM ET

    World Bank President Robert Zoellick on Sunday won support from bank member countries for his strategy to lead the poverty-fighting institution for the next five years, including plans to give the private sector a bigger role in poor countries.

  • Crisis Was 'Accident Waiting to Happen': Greenspan Sunday, 21 Oct 2007 | 5:23 PM ET

    An unusually high degree of risk taking across asset classes made recent financial market turmoil all but inevitable, former Federal Reserve Chairman Alan Greenspan said Sunday.

  • Dollar Sinks Further on Economic Worries Friday, 19 Oct 2007 | 5:52 PM ET

    The dollar hit a fresh record low against the euro and a basket of currencies on Friday, pressured by the growing view that a slowdown in the U.S. economy will force another cut in interest rates this month.

  • Tiger's Robertson Sees 'Doozy of a Recession' Friday, 19 Oct 2007 | 4:22 PM ET

    Hedge fund legend Julian Robertson said he expects the U.S. economy is heading for a "doozy of a recession."

  • G7 Agenda: Cheap Dollar, Pricey Oil, Tight Credit Friday, 19 Oct 2007 | 3:30 PM ET

    Some G7 meetings have come and gone entirely under the radar, but this weekend's meeting of the Group of Seven's (G7) finance ministers is getting lots of attention because of recent market turmoil and the weakening dollar.

  • Oil Edges Down from New High Above $90 Friday, 19 Oct 2007 | 2:26 PM ET
    Oil Refinery

    Oil edged downward, after surging to a record high above $90 per barrel earlier on Friday.  Boone Pickens offered CNBC his insights.

  • Bernanke: Uncertainty 'Pervasive' for Fed Policymakers Friday, 19 Oct 2007 | 10:43 AM ET

    Federal Reserve policymakers weigh a broad range of economic scenarios to determine the right moves on interest rates during times of uncertainty, Fed Chairman Ben Bernanke said Friday.

  • Caterpillar, 3M: Global Growth Eases Pain Friday, 19 Oct 2007 | 9:28 AM ET

    As with Union Pacific, Caterpillar came out with very cautious commentary. Caterpillar's third quarter earnings were slightly below expecations, and they lowered 2007 outlook (down 3% pre-open), but the name of the game is to lower expectations overall.

  • Digital Creature Creations Friday, 19 Oct 2007 | 6:19 AM ET

    Do you remember the bug scene in King Kong (the 2005 version) where the heroes get dumped by Kong into the bottom of a ravine filled giant insects?  Well, one of those creepy crawlies might just have been a weta.

  • Asian Markets Close Lower, Banking Stocks Decline Friday, 19 Oct 2007 | 5:46 AM ET

    Asian markets finished red across the board Friday with financial stocks taking the worst of the beating as investors sold bank shares on credit concerns. Japan and South Korea both closed 1.7 percent lower, while Australia finished just shy of 1 percent down.

  • Britain's economy grew more than  expected in the third quarter and at its fastest annual rate in more than three years, official data showed on Friday, suggesting the economy held up well during the credit crunch.

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