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  • Fed Is Expected to Slash Interest Rates Again Tuesday, 18 Mar 2008 | 10:51 AM ET
    Federal Reserve Bank Chairman Ben Bernanke

    Fed policy-makers are expected to make the biggest interest rate cut since 1982, while two major Wall Street firms provided some relief to investors with better-than-expected earnings.

  • Fed Keeps Altering Tactics As Credit Crisis Deepens Tuesday, 18 Mar 2008 | 10:27 AM ET
    Credit Crunch

    As the credit crunch worsens,  the Federal Reserve is becoming  more imaginative in its tactics. Wall Street is now betting on a full-point cut in interest rates, to  2%,  when the Fed meets Tuesday.

  • Wholesale Inflation Hotter; Housing Slumps Further Tuesday, 18 Mar 2008 | 10:21 AM ET

    The flagging U.S. economy got more mixed news from its troubled housing sector on Tuesday, while evidence of inflation pressures continued to lurk in the producer pipeline.

  • Lehman Brothers -- The Next Banking Casualty? Monday, 17 Mar 2008 | 2:50 PM ET

    Lehman shares tumbled more than 20 percent Monday as Wall Street speculated whether or not it's the ailing banking system's next casualty.

  • Advice on the Heels of the Bear Stearns Buyout Monday, 17 Mar 2008 | 11:47 AM ET

    Stocks were lower in early trading Monday as Wall Street digested the fire-sale buyout of an investment banking giant: Bear Stearns. CNBC brought the market pros for their perspective on the fallout.

  • Fed Announces Emergency Steps to Ease Credit Crisis Monday, 17 Mar 2008 | 10:20 AM ET
    The Federal Reserve headquarters in Washington, DC.

    The U.S. Federal Reserve announced emergency measures to stem a fast-spreading global financial crisis, tapping tools last used in the Great Depression to pour funds into cash-starved Wall Street firms.

  • Fed Tries To Stem Crisis, But It May Not Be Enough Friday, 14 Mar 2008 | 3:25 PM ET
    Federal Reserve Board Chairman Ben Bernanke delivers the board's Monetary Policy Report to the Senate Banking Committee in Washington Wednesday, July 19, 2006. "The recent rise in inflation is of concern," and possible increases in the prices of oil as well as other raw materials "remain a risk to the inflation outlook," Bernanke said. (AP Photo/Dennis Cook)

    Fed Chairman Ben Bernanke  is throwing all he’s got at the economy, but it may not be enough to combat both a recession and credit crunch.

  • Consumers Retrench, Labor Market Weakens Thursday, 13 Mar 2008 | 12:00 PM ET
    Grove shopping center in Los Angeles

    U.S. consumers cut spending in February and the labor market continued to weaken, suggesting the household-spending pillar that had supported the economy's expansion may be giving way.

  • Jim Rogers: 'Abolish the Fed' Wednesday, 12 Mar 2008 | 9:54 AM ET
    The Federal Reserve headquarters in Washington, DC.

    If investor Jim Rogers woke up as Ben Bernanke, he'd quit and close up the Federal Reserve for providing 'socialism for the rich,' he told CNBC Europe.

  • Treasury Official Predicts Second-Quarter Rebound Tuesday, 11 Mar 2008 | 8:40 AM ET

    The U.S. economy could start to see a recovery as soon as April, despite current conditions indicating a greater risk for contraction, a senior U.S. Treasury official told CNBC Europe Tuesday.

  • Jobs: Some Are There For The Picking, America Monday, 10 Mar 2008 | 1:49 PM ET

    Apparently the U.S. job market isn’t completely reverting to 10,000 B.C. The online job recruiting site Jobfox says some jobs are still in high demand: Software Development (I guess it’s not all going to India), Nursing, Accounting/Finance Execs (I bet!) Sales Reps, and Administrative Assistants.

  • Wholesale Inventories Climb, But So Do Sales Monday, 10 Mar 2008 | 10:22 AM ET

    U.S. wholesale inventories rose 0.8 percent in January, while sales leapt 2.7 percent, thelargest increase in nearly four years, the Commerce Department said.

  • Goldman Sachs Doesn't Rule out Fed Rate Cut Today Monday, 10 Mar 2008 | 9:06 AM ET

    An emergency interest rate cut from the Federal Reserve is possible ahead of its March 18th policy meeting, according to a Goldman Sachs research note on Monday.

  • Treasury Prices Edge Higher Amid Job Losses Friday, 7 Mar 2008 | 3:21 PM ET

    Treasurys were mildly higher Friday, after being buffeted by a complex mix of news developments, including heavy monthly job losses on the one hand and a generally successful stock sale by bond insurer Ambac Financial Group on the other.

  • Financials, Techs Cave In to Selling Pressure Friday, 7 Mar 2008 | 3:08 PM ET

    Stocks were mostly lower Friday as a second straight drop in nonfarm payrolls and hopes that the worst is over tugged the market in both directions.

  • If Recession Is Now Here, When Is It Going to End? Friday, 7 Mar 2008 | 2:48 PM ET

    A second straight month of job losses all but ended the debate over whether the U.S. economy has slipped into recession. Now the question is how to get out.

  • Pimco's Gross: Fed Should Buy Mortgages Friday, 7 Mar 2008 | 2:42 PM ET

    The Federal Reserve needs to take a more active role in stemming the housing crisis, possibly by exchanging Treasury notes for mortgage notes, Pimco Bonds Chief Information Officer Bill Gross said on CNBC.

  • Stocks Turn Mixed; Financials, Techs Rise Friday, 7 Mar 2008 | 12:08 PM ET

    Stocks recovered Friday as investors quickly moved past the second straight drop in employment payrolls and focused on better times ahead.

  • Surge in Job Cuts Fuels Worries About Recession Friday, 7 Mar 2008 | 8:33 AM ET
    Unemployment Line

    U.S. employers cut payrolls for a second straight month during February, slashing 63,000 jobs for the biggest monthly job decline in nearly five years.

  • Fed's Fisher: No Need for Emergency Rate Cut Friday, 7 Mar 2008 | 7:35 AM ET
    The Federal Reserve headquarters in Washington, DC.

    The U.S. Federal Reserve took very "deliberate action" when it lowered key interest rates rapidly but this does not necessarily mean more of the same is in store, a top Fed official said on Friday.

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