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  • TEXT: FOMC Statement Wednesday, 30 Apr 2008 | 2:18 PM ET
    The Federal Reserve headquarters in Washington, DC.

    The full statement released by the Federal Open Market Committee after its meetings held from April 29-30 on interest rate policy.

  • Fed Leaves Markets Divided Over Further Rate Cuts Wednesday, 30 Apr 2008 | 2:17 PM ET
    Ben Bernanke

    The Federal Reserve trimmed interest rates to 2% but  left markets guessing about whether further cuts would be needed.

  • Are We In a Recession Yet? Technically No, But... Wednesday, 30 Apr 2008 | 12:07 PM ET

    Even though the economy continued to grow in the first quarter, many economists believe we're already in a recession.

  • Rate Cuts May Not End As Soon as Wall Street Thinks Wednesday, 30 Apr 2008 | 10:16 AM ET
    Traders at the NY Stock Exchange

    “The news on the economy is going to be pretty much unrelentingly bad in the next few months,” says one economist, who adds there’s good chance the Fed will keep cutting rates after Wednesday's meeting.

  • Economy Still Grew During 1st Quarter, But Just Barely Wednesday, 30 Apr 2008 | 10:01 AM ET

    The bruised economy limped through the first quarter of this year at only 0.6 percent as housing and credit problems forced people and businesses alike to hunker down.

  • ADP Says US Job Growth Has 'Ground to A Halt' Wednesday, 30 Apr 2008 | 8:23 AM ET

    U.S. private-sector employers unexpectedly added 10,000 jobs in April according to a private report by ADP Employer Services released on Wednesday.

  • Higher Gas Prices Eat Up Much of Stimulus Check Tuesday, 29 Apr 2008 | 10:49 AM ET
    Gas station in San Francisco.

    As the U.S. Treasury races to get rebate checks to households, higher gasoline prices are  blunting the economic impact of the $152 billion stimulus package.

  • Buffett: Recession Is Here For People on Main Street Monday, 28 Apr 2008 | 10:34 AM ET
    Warren Buffett

    The US economy indeed has entered into a recession, even if the traditional indicators aren't showing it yet, billionaire investment guru Warren Buffett said.

  • Interest Rates Uncertainty Hangs Over US Stocks Sunday, 27 Apr 2008 | 6:37 PM ET

    The stock market will likely start the week on a hesitant note with Wall Street facing the first Federal Reserve interest-rate decision in many months not knowing that a cut is likely guaranteed.

  • The Case For Ending Interest Rate Cuts Sunday, 27 Apr 2008 | 6:28 PM ET

    If the U.S. Federal Reserve wants to restrain oil and food prices and help downtrodden consumers, the best thing it can do is stop cutting interest rates.

  • Texas Governor Seeks Waiver on Ethanol Rules Friday, 25 Apr 2008 | 2:10 PM ET

    Texas Gov. Rick Perry asked the government to cut "skyrocketing" food prices by waiving half of the renewable fuel standard for ethanol made from grain.

  • European Earnings: Ericsson Shares Soar Friday, 25 Apr 2008 | 11:33 AM ET

    Earnings news dominated Friday's European trade with Sweden's Ericsson's shares up more than 12 percent after the company reported better-than-expected results.

  • Bush: Rebates Should Help Economy Out of Slowdown Friday, 25 Apr 2008 | 9:50 AM ET

    President George W. Bush said on Friday that the U.S. economy is in a slowdown but added that tax rebates should help pull activity out of the slump.

  • View from the Top: What CEOs Are Saying Friday, 25 Apr 2008 | 8:29 AM ET

    Chief executives from Europe discussed earnings, opportunities and challenges their companies face in 2008 with CNBC Europe Friday.

  • Europe Earnings Preview: WPP, Ericsson, Randstad Thursday, 24 Apr 2008 | 5:29 PM ET

    Some big companies report tomorrow that will give more clarity on the health of advertising and technology spending, and the health of the European jobs market

  • What Office Perks Really Matter? You'd Be Surprised Thursday, 24 Apr 2008 | 2:34 PM ET
    office worker at a desk

    Forget job perks like access to the company car or an expense account. Keeping and recruiting employees might be as easy as keeping the bathrooms clean.

  • S&P's Wyss Says US Already in Mild Recession Thursday, 24 Apr 2008 | 11:54 AM ET

    The United States is in a recession but the downturn is expected to be mild because consumer spending is not expected to fall precipitously, Standard & Poor's said Thursday.

  • Newspaper Help-Wanted Ads Fall in March Thursday, 24 Apr 2008 | 10:41 AM ET

    The number of workers filing initial claims for unemployment benefits unexpectedly fell by 33,000 last week  though workers remaining on jobless benefits continued at a high level.

  • Jobless Claims Fall to Two-Month Low, Down 33,000 Thursday, 24 Apr 2008 | 10:01 AM ET

    The number of workers filing initial claims for unemployment benefits unexpectedly fell by 33,000 last week  though workers remaining on jobless benefits continued at a high level.

  • US Recession Seen Probable, but Shallow Wednesday, 23 Apr 2008 | 10:11 AM ET
    Hundred Dollar

    The U.S. economy nearly stalled in the first three months of the year and will shrink between now and June, but any recession should be less severe than the last major downturn in the early 1990s, a Reuters poll showed on Wednesday.

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