CNBC's Tyler Mathisen looks back at the week's top business and financial stories. It was a big week for Facebook. Not so big for Amazon.» Read More
Fed Chairman Ben Bernanke testified in front of a House Committee Thursday that he did not put pressure on Bank of America to close the takeover of Merrill Lynch. Unemployment numbers released are showing a weak job market and GDP growth is still in a decline. Read and watch what the pros say...
Stocks rebounded Thursday as an unexpected profit from Bed, Bath & Beyond buoyed consumer stocks — and hopes for an economic recovery.
Stocks rebounded Thursday after a lower open as weekly jobless claims came in higher than expected.
Stocks opened lower on Thursday after weekly jobless claims came in higher than expected. In the meantime, the economy contracted 5.5 percent, the Commerce Department said in its final reading on first-quarter GDP. That was a smaller contraction than the 5.7 percent initially reported. Read and listen to what the experts had to say...
I received the following email from Jeff in San Diego and was so struck by how reasonable, matter-of-fact and truly troubling it is. I know it's California, but I believe it's an example of a spreading trend nationwide...
Futures indicated a slightly negative open for Wall Street Thursday after the Federal Reserve cautioned that the U.S. economy would remain weak for a time, adding concerns about the sustainability of a recent recovery.
Federal Reserve Chairman Ben Bernanke needs to explain whether the Fed kept the Securities and Exchange Commission in the dark about Bank of America's acquisition of Merrill Lynch before the central bank is given more power under financial reforms, Rep. Darrell Issa , R-Calif., told CNBC.
South Korea's finance ministry on Thursday upgraded its economic forecast for 2009 and pledged to maintain its expansionary policy stance to ensure a recovery in Asia's fourth-largest economy.
Facing an economy that is perking up slightly but still deep in recession, the Fed left its rescue policies unchanged and said that it would keep interest rates low for an extended period, the New York Times reports.
South Korea's key consumer sentiment index in June rose for a third consecutive month to a near two-year high despite repeated cautioning by policymakers on the state of the economy, central bank data showed on Thursday.
Stocks are now searching for the next catalyst, after a routine Fed announcement left the market mixed and little changed on the day.
The Dow fell for the fourth day after the Federal Reserve reiterated concerns about the economic outlook at the end of its policy meeting.
The Dow fell for a fourth straight day Wednesday after the Fed said it expected to keep interest rates exceptionally low for an extended period.
There were some minor tweaks to the Federal Reserve's statement today, but otherwise the major thrust of the Fed's extraordinary policy to combat the financial crisis remains in place: keeping interest rates "exceptionally low .... for an extended period" and continuing massive purchases of treasuries and mortgage-backed securities.
Hundreds of mortgage industry representatives, from small and large shops, sent in stories of botched appraisals, of allegedly negligent appraisal management companies, and of lost deals that are so necessary to recovery in this fragile housing market.
The Mad Money host defends the Federal Reserve chairman against claims of impropriety. Plus, a reaction to the central bank leaving interest rates unchanged.
Since late last year, Fed statements have been pushing stocks higher. How should you game it this time around?
Stocks bounded higher Wednesday, with the Dow up about 1 percent, as investors cheered the better-than-expected jump in durable-goods orders and shrugged off a weak new-home-sales report.
Markets hang on the Fed's every word, and already investors have been handicapping the outcome of possible changes in the Fed's statement Wednesday afternoon.
Futures jumped Wednesday after a better-than-expected rise in durable-goods orders.