The Chinese yuan posted its biggest one-day fall on Monday, while a fall in short-term interest rates fueled talk that China's central bank may be easing monetary policy. CNBC's Deirdre Wang Morris tells us more.» Read More
The scorching volatility ripping through financial markets is not likely to let up while details of the government's rescue plan are being worked out.
I've been barraged by phone calls and emails all day from community activists screaming that troubled borrowers should be bailed out before any Wall Street bailout.
“The Wall Street mess will now have collateral damage to the real economy,” says Steve Hanke, a former White House economist. “We're coming into this thing in a terrible situation.”
Treasury Secretary Henry Paulson discusses a comprehensive approach to market developments, while Gold was up over 15% over the past two days but took a beating this morning. Following are today's top videos:
If you are one of the many investors having trouble stomaching the big and wild swings, now may be a good time to scale back on your level of risk.
If you have a strong stomach and like a good gamble, the current volatility may be a good opportunity to put some money in play to beef up your portfolio gains in what's been a rocky year. While the pickings may seem slim, investment strategists say there are some opportunities within certain sectors, and if you are considering making broader bets, using options strategies can provide a good way to maximize gains while limiting losses.
Financial planners say the end of the year marks the perfect opportunity to revisit your asset allocation to ensure it still reflects your financial goals and tolerance for risk -- especially with many economists projecting the bear market will continue for the next six months.
Let me just preface by saying we don’t and can’t know any of the details of the financial rescue plan that will come out of the negotiations between Treasury Secretary Henry Paulson and members of Congress.
Treasury Secretary Henry Paulson Friday called for the U.S. government to spend hundreds of billions of dollars to take toxic mortgage assets off the books of financial firms to restore financial stability.
What’s risky? What’s not? Carmen clears up the confusion so you can make the right decisions.
A lot of folks were turning the tables on some scary looking numbers yesterday, namely that housing starts and permits were down much farther than expected.
The storm hitting Wall Street ramped up to category 5, and it's not over. Wednesday's markets illustrated in every way the fears investors have been living with since the credit crises began a year ago.
Carmen and our experts answer the questions you're probably wondering yourself about what to do to protect your money.
Wall Street suffered another beating Wednesday at the hands of investors panicking over the state of large banks, as they flocked from stocks and sent safe-haven areas like gold soaring.
When you read today’s New Home Construction report from the Department of Commerce, it seems pretty ugly at face value. Starts are down 6.2 percent and building permits (an indicator of future starts) are down nearly 9 percent. Sounds pretty bad, right?
Mortgage rates are continuing to slide, but not enough to encourage people to buy a house or refinance.
Investing experts and economists worldwide weigh in on AIG and what this recent run of bailouts means for financial sectors across the globe.
The unprecedented government rescue of insurance giant AIG calms the market's angst, but the question is whether credit markets will cooperate with the Fed and what other shoes are there left to drop.
The Federal Reserve, meeting during an unprecendented crisis on Wall Street, decided to leave interest rates unchanged but expressed concern about the crisis escalating.
The Federal Reserve left rates unchanged on Tuesday, giving little relief for Wall Street one day after the Dow's 500 drop. What follows are video highlights of the experts' reactions.