WASHINGTON, July 2- A mixed U.S. jobs report on Thursday may not give Fed chair Janet Yellen the "decisive evidence" of labor market recovery she wants to see before raising interest rates. The June employment report showed a modest jump in jobs but no wage growth, a renewed fall in the labor force participation rate, and no improvement in some of the weak corners of the...» Read More
U.S. stock index futures pointed to a lower open Wednesday in the wake of a sharp selloff in the previous session caused by another Greek debt downgrade, but comments from the Federal Reserve could change momentum later.
A lack of competitiveness, not credit default swaps (CDS), brought Greece to the brink of financial catastrophe, former Greek Finance Minister Yannos Papantoniou told CNBC.com Wednesday.
The market reaction to the debt crisis in Greece and the euro zone has spooked investors across the world and led to heavy selling of stocks. But is the crisis actually impacting real businesses, given Greece makes up only two percent of euro zone gross domestic product?
Germany's reticence to come to the rescue of the Greek government has been widely criticised across the euro zone.
Whispers of contagion are sending a chill through bond markets, while the euro is likely to fall further and things don't look pretty for stocks. Smart money is likely to go into gold.
The Dow dropped over 200 points Tuesday, its worst loss in months, after the debt ratings on Greece and Portugal were downgraded. Goldman Sachs ended higher. The VIX jumped more than 30 percent, it's biggest one-day surge since October 2008.
Stocks pared their losses Tuesday after a report showed consumer confidence rose to its highest level since September 2008.
Goldman Sachs did not commit fraud and the insurance company that bought the product that is the subject of a government investigation should have known the risks, Bill Ackman told CNBC Tuesday
U.S. stock index futures edged lower ahead of the open Tuesday as the Federal Reserve prepared to start its two-day policy meeting and Goldman Sachs CEO Lloyd Blankfein is scheduled to appear before Congress.
The CEO of Goldman Sachs and other executives from the Wall Street powerhouse are coming before Congress 10 days after the government accused the firm of fraud.
Over the weekend, after Friday's report on sales of newly constructed homes, I found myself in a bit of a "debate" with California-based real estate analyst Mark Hanson, for whom I have great respect.
This is real proof of the tax credit boost, because this data series is based on contracts signed, unlike the Existing Home Sales series we got Thursday from the Realtors, which is based on closings.
All the numbers are so deranged right now. Even the exalted S&P/Case-Shiller Home Price Index folks, put out a note this week saying that even their monthly seasonal adjustments were no good.
With Greek debt continuing to soar at record levels, there is growing concern in some European markets that they too will soon face the same problems.
The worst outcome for the UK election – a hung parliament – has already been priced in, and some analysts forecast the pound could appreciate by up to 15 percent after the May 6 vote.
Forgive me for jumping the gun on earth day, but I had to relay a really interesting conversation I had today with Rhone Resch, President and CEO of the Solar Energy Industries Association.
Let me just first give a little background for those of you who don't know Ivy Zelman. She's the former Credit Suisse analyst who called the housing crash, even before the boom had peaked.
Some argue that a constant political obsession with the "ownership society" is what pushed this nation into the current housing disaster. Going back decades, presidents have pushed it and Congress, in turn, has helped open the financial doors to it.
To help you figure this out, Suze answered some of the most frequent – and important – questions her viewers have about saving. Read on for her top tips.
The worst of the credit crisis is over, though there are still areas—such as commercial real estate—that are struggling, Jeff Lacker, president of the Richmond Federal Reserve, told CNBC Thursday.