The Fast Money traders share their final trades of the day.» Read More
Asian markets ended a volatile week with a firm rally on Friday, which brought most of the major indexes back to Monday's opening levels. A U.S. tax stimulus package, reassuring jobs data and the prospect of another Federal Reserve rate cut buoyed investor sentiment.
Bank of Japan Governor Toshihiko Fukui pledged on Friday to keep monetary conditions loose, reinforcing market expectations that rates will stay low, even as government data showed inflation at its highest in a decade.
South Korea's economy grew more than expected in the fourth quarter as capital investment picked up, data showed on Friday, but fears of a slowdown were mounting due to deepening troubles in the U.S. economy.
Tony Blair and Bill Gates have been doing their best to bring the Davos agenda back to the longer-term issues of climate change and development, but let’s face it, in the current U.S. economic climate, the slowdown in the U.S. (not to mention the 'R' word) has dominated the talk here.
Congressional leaders announced a deal with the White House Thursday on an economic stimulus package that would give most tax filers refunds of $600 to $1,200, and more if they have children.
I woke up Wednesday morning in Washington DC, where economic crisis, which in turn means political crisis, was in the air. Fed Chairman Bernanke had cut rates the day before and helped calm financial markets. But the White House and Congress wanted to do more. Republican and Democratic leaders, who normally have guns drawn on each other, were huddling behind closed door.
Congressional leaders have a tentative deal for a bipartisan economic stimulus package that could move swiftly through Congress. What's in it and what's out?
Ok, now we've got that emergency rate cut from the Fed AND the full 75 bp the markets wanted...
Stocks closed higher for the second straight day on positive signs for the economy and strong earnings report.
U.S. crude oil futures rose further to trade above $89 Thursday afternoon after details of tentative agreement for an economic stimulus package to stave off a recession reached by the White House with Congress became known.
Weekly jobless claims for the second week appeared to defy the conclusion that conditions in the labor market are pointing to a recession.
President Bush on Friday called for about $145 billion worth of tax relief and other incentives to stimulate a sagging economy and fend off a possible recession.
The dollar fell against the euro on Thursday as strong German business confidence data andtough inflation comments by a European Central Bank policy-maker dashed hopes for a near-term interest rate cut in the euro zone.
On the Ford 4th quarter earnings conference call, CEO Alan Mulally confirmed what we expected (more buyouts for Ford's hourly workers) and made it clear, this may not be the end of the cuts.
The threats of terrorism and the reliance on the drug trade loom over Afghanistan daily, but as development of basic infrastructure progresses, Finance Minister Anwar ul-Haq Ahady says the government is hoping to lure investment in its natural resources.
The Bank of England has room to manoeuvre on interest rates but policy appropriate for the U.S. economy may not be suitable here, British finance minister Alistair Darling told parliament said on Thursday.
Asian markets ended mostly higher Thursday, lifted by banks and financials. Japan and South Korea both closed 2 percent higher with Australia finishing almost 3 percent higher, buoyed by a Wall Street rebound on optimism that a rescue for U.S. bond insurers may be in the making.
German corporate sentiment unexpectedly rose in January, a leading survey showed on Thursday, bolstering policymakers' assertions that the euro zone economy can withstand turmoil in financial markets.
Euro zone growth could come in below 2 percent this year, European Central Bank Governing Council member Klaus Liebscher was quoted as saying on Thursday, but the region is better off than the United States.
Exports to the United States have fallen and sentiment among Japanese manufacturers has hit a two-year low, clouding the outlook for Japan's export-reliant economy amid financial market mayhem that has prompted talk of a cut in interest rates.
Get the best of CNBC in your inbox