MUMBAI, June 2- India's central bank cut interest rates for a third time this year on Tuesday, taking advantage of subdued inflation to give more support to an economy that many economists doubt is doing as well as latest impressive growth numbers suggest. The Reserve Bank of India's quarter point reduction in the repo rate to 7.25 percent was predicted by 35 of 48...» Read More
Earlier this week, the Federal Reserve kept its federal funds rate unchanged in a range of zero to 0.25 percent, and said the economy "continued to pick up" since its last meeting. Robert Barbera, chief economist at ITG shared his insights on how this impacts the financials and the economy.
The U.S. unemployment rate blasted past the psychologically important 10-percent mark Friday as nonfarm payrolls fell by 190,000 last month. It's the first time the unemployment rate -- now at 10.2 percent -- was in double digits since June 1983.
Euro strength is far from over and the dollar could fall to an all-time low against the bullish currency, Phil Roberts, technical analyst from Barclays Capital, told CNBC.
Stocks gained on Thursday as a strong reading on productivity and an easing in jobless claims helped cheer investors. Steve Grasso, director of institutional sales at Stuart Frankel and CNBC market analyst, and Alan Valdes, vice president at Kabrik Trading, shared their market insights.
In landslide votes, the extension/expansion of the first time home buyer tax credit passed both houses of Congress and is now on its way to the President's desk for signing tomorrow.
Yep, thanks to a new program announced by the nation's largest owner of home loans, Fannie Mae, troubled borrowers can sign over the deed of their homes and rent back for the current market rate.
The Fed expressed confidence that a recovery is building—but said it will keep borrowing costs near zero for "an extended period." Is this good news for investors and the markets? Robert Doll, vice chairman and global CIO of equities at BlackRock, shared his insights.
The Bank of England's injection of 175 billion pounds ($289 billion) into the economy hasn't yet pulled Britain out of recession, and the central bank now faces a difficult decision on whether to raise the stakes.
In extended trade shares of Cisco popped as much as 4% after the company beat Street estimates. But is it enough to spark a rally?
An interesting article in the Wall Street Journal today about Wells Fargo & Co. modifying some of its worst loans into interest-only loans got me thinking about the housing recovery in a new light.
Stocks jumped on Wednesday on positive economic data. Now, investors are waiting to hear from the Fed at 2:15pm. Will they confirm or deny the rally?
As the Fed concludes its two-day meeting, most on Wall Street expect interest rates to remain low for the immediate future. But will that cause asset bubbles in stocks, real estate and currency markets? Beth Ann Bovino, senior economist at Standard & Poor’s, shared her outlook.
The "mother of all carry trades" that Nouriel Roubini warned of recently is growing and threatening to cause a global implosion, the economist warned in a CNBC interview.
Despite all the yelling about the need for a government exit strategy from its massive economic bailouts, real estate welfare is still cooking with gas.
The Federal Reserve ought to signal that it's ready to back off the strong monetary easing policies it put into place during the financial crisis, Kevin Ferry of Cronus Futures Management told CNBC.
Places such as the southwest Missouri city of Lamar, have seen the cornerstones of their economies disappear, leaving a gap that even billions in roadwork and government aid cannot fill.
An interesting report today from the Mortgage Bankers Association shows business may be better than we think for their people.
Most companies have reported earnings that produced good news. Will the markets go higher from here? Edward Yardeni, president of Yardeni Research, shared his market insights.
The President’s Economic Advisory Board will hold a public meeting on job innovation today, and Charles Phillips, president of Oracle and a member of the board shared a preview with CNBC's "Squawk Box' team on Monday.
Given the current buyers market, some investors may find property more attractive, never mind rewarding, than stocks; and for those convinced that the federal government's borrowing-spending binge will bring a nasty bout of inflation down the road, real estate is the hedge for you.