I’m not saying that the Realtors are living in la-la land. They have a job to do. They have to sell houses for a living, and therefore it is in their best interests to put the most positive spin they can on the data they offer. I do, unlike some, believe their data, and I don’t think they futz with the numbers to their advantage.
The Dec. 4 meeting is just too hard to call. Better to take a pass.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Japanese core machinery orders rose more than expected in October, suggesting Japanese corporate activity remained resilient in the face of concerns over turmoil in global financial markets.
The markets may well sit quietly ahead of the Fed's rate decision Tuesday, but after that be prepared for more rock and roll.
Stocks closed little-changed despite of a sharp drop in oil prices that boosted shares of big manufacturers such as Boeing.
This is Cramer's favorite play on China's growth.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
While the Bush mortgage plan reduces uncertainty short term, it has created considerable debate about the long-term implications, particularly for buyers of mortgage-backed securities. Recognizing that buyers of ARM securities were anticipating receiving a higher yield (and many now will not), Raymond James noted that...
A senior White House economist said on Friday he believes the U.S. economy is still strong and not headed for recession, though it remains at risk from the slumping housing market.
The slightly better-than-expected increase in November non-farm jobs gave some support to stock prices, but has done little to change the debate about what the Fed will do when it meets on Tuesday. The Street has been in hot debate about whether the Fed will trim the target 4.50 percent Fed funds rate target by a quarter or a half point.
U.S. consumer sentiment soured for a third month in December as a housing recession andexpensive gasoline left consumers at their gloomiest since the aftermath of Hurricane Katrina, a report showed Friday.
Call it what you want: a bailout, a subprime freeze plan, or government intervention. Whatever it is or becomes, a lot of you wrote in with your opinions on the Bush/Paulson mortgage "plan." Most of what you said, to state what may be obvious, was this idea pretty much "stinks." If I had to guess, I'd say the ratio of negative to positive emails was 30 to 1, and that's being conservative.
Japan's foreign reserves, the world's second-largest, rose to a record $970.185 billion at the end of November, largely because lower U.S. interest rates boosted the value of U.S. bonds held in the reserves, the Ministry of Finance said on Friday.
Japan's revised down third-quarter growth on Friday, surprising markets that had expected an upward revision, prompting many to suggest it might now be late next year before the Bank of Japan can raise rates.
South Korea's central bank held interest rates steady for a fourth consecutive month on Friday, brushing aside growing local inflation but mindful that persistent financial turbulence was clouding the global economy.
You can feel the tension building ahead of Friday's jobs data. The November employment report will be a major factor driving Friday's markets and is also possibly the most important economic headline ahead of the Fed's interest rate decision Tuesday.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."