They want to paint her as a dove, says John Ryding, RDQ Economics, sharing his thoughts on what will likely prompt the Federal Reserve to raise interest rates, and whether inflation will become a factor in Fed policy.» Read More
NYSE Euronext, the trans-Atlantic stock exchange operator, said third-quarter profit fell by 33 percent due merger costs, severance payments and a decline in European derivatives trading.
South Korea is working on a new set of policies to boost demand and offset the impact from a global slowdown on Asia's fourth-largest economy as investors are more hopeful that it has averted a full-scale financial meltdown.
Prices in Japan kept climbing in September, the government said Friday, but the pace of inflation appears to have peaked this summer as energy costs ease.
A divided Bank of Japan cut interest rates for the first time in seven years on Friday, under government pressure to join the global response to the worst financial crisis in 80 years.
In this Web Extra the traders reveal how they're playing a slew of earnings reports including Chevron, Clorox, NYSE Euronext and much more!
U.S. banks' direct borrowing from the Federal Reserve fell last week, although it remained at very high levels even as the U.S. central bank made its first foray into the commercial lending markets, Fed data showed
Recent trends in the U.S. economy are "deeply worrisome" at a time damage from the credit crunch has outpaced the Federal Reserve's huge interest rate cuts, a top Fed policy-maker said Thursday.
It seems as if every day there is another mortgage rescue plan being bandied about the business pages and the cable waves, so why should today be any different?
Credit card companies are making plenty of fixes on their end to make it more difficult to get the best rates. What are you doing about it?
Don’t believe the naysayers, Cramer says. We needed the Fed to take action.
As we told you yesterday Ben Bernanke didn’t want to take any chances by disappointing the Street. But will another rate cut really solve any of our problems?
If you blinked in the final minutes of trading today, you probably got the story wrong. The final hour of trading has become known for its wild swings, but outdid itself this time: After being up about 250 points at 3:54 p.m., those gains evaporated and the Dow Jones Industrial Average ended down 74.16, or 0.8 percent, at 8990.96.
As the Federal Reserve slashed a key interest rate by 50 basis points on Wednesday, Pimco's Bill Gross said he expects rates to hold or decline to 1 percent.
The stock market collected on its rate-cut IOU today from the Fed, but it didn't end up changing the mood on Wall Street.
Investors could lose any gains seen in Tuesday's 889-point Dow rally if the ECB doesn't follow the Fed's lead.
Stocks pared gains Wednesday after the Federal Reserve opted to cut a key interest rate by half a percentage point.
Wall Street is waiting to collect on a rate-cut IOU today from the Federal Reserve, but the central bank's move is unlikely to cause a major shift in the markets.
Below is the statement released by the Federal Open Market Committee after its Oct. 28-29 meeting on interest rate policy:
The Federal Reserve will unveil its decision on interest rates Wednesday afternoon, and a cut is widely expected by investors. CNBC asked former Federal Reserve officials to weigh in on the upcoming decision.
Stocks turned mixed Wednesday as the market waits for the Federal Reserve's decision on interest rates.