*Raises 2014 profit forecast to $10.85- $11.15/ share. July 22- Lockheed Martin Corp, the Pentagon's largest defense supplier, reported a 3.5 percent rise in quarterly profit as higher interest rates lowered its pension liability.» Read More
Ahead of the Bank of England's interest rate decision Thursday, where the central bank is widely expected to cut rates by 50 basis points, experts tell CNBC to expect another round of rate cuts worldwide.
I’ve got to give it to Treasury Secretary Henry Paulson; he’s not going out without fightin’ words over Fannie and Freddie. Today Paulson used his now very temporary podium to offer advice to the new Congress and the Administration on the future of the GSE’s.
Federal Reserve officials feared the economy would be stuck in a painful rut for some time despite their decision to slash interest rates to a record low and pledge to use other unconventional tools to fight the worst financial crisis since the 1930s.
Below are the minutes released by the Federal Open Market Committee after its Dec. 15-16 meeting:
You'll drive yourself crazy if you worry about every forecast you read in the papers. Just pay attention to these.
Investors could be forgiven for keeping clear of the markets following one of the most turbulent years in recent history, but the positive factors developing are becoming ever more compelling, John Haynes, strategist from Rensburg Sheppards, told CNBC.
I’m not exactly sure why jumbos seem to be in the news this week. Two different articles, one in the Washington Post and one in the Boston Globe, show seeming surprise at the fact that jumbo loans are far more expensive than conforming loans.
After a year-long hangover in 2008, the real estate industry is hoping for some strong, black coffee in the new year.
The US economy is likely to be in worse shape a year from now and will require aggressive government spending and intervention to stem the damage, economist Martin Feldstein told CNBC.
Can you believe it? It's already been ten years since the single currency was launched into anxious financial markets amid fears of failure and forex massacre (notes and coins were only introduced two years later to replace respective national currencies). So, what's the verdict after the first decade?
Once the shock of the past year wears off—and the economy shows signs of recovering—investors might find bargain-priced stocks attractive again.
A little bird told me that the home builders will be on Capitol Hill next week, pushing for a home buying stimulus. Now before everyone goes crying “Big Builder Bailout,” just listen to the proposal, which is only for owner occupants, and the thought process that goes behind it.
"We're assuming 2009 is going to be a poor year for stocks," says one investment pro. "At the same time, we're looking at investments in high-income vehicles yielding 8, 9 and 10 percent that have nowhere near the risk of common stocks."
For most investors, the best thing about 2009 is that it isn't 2008, as one analyst pointed out. CNBC experts share their predictions for the year to come as the world goes through the worst recession in generations.
There’s no doubt that 2008 will be remembered as the year of the Fed. The central bank’s actions have been nothing short of historic.
A week away from the housing market has given me a slightly new perspective, and not a better one. I was beginning to buy the argument that a drastically lower mortgage interest rate would be the jumpstart the market needs. The initial readings don’t seem to support that theory.
While the overall market is unlikely to stage a major turnaround any time soon, experts agree there are a handful of investments that are heating up and could help you recoup some gains.
The big questions for the coming year are how long and deep will the recession be and how it will compare to those of the past.
The Swiss franc is likely to shine over the next two years as other currencies are set to weaken, Christopher Locke, technical analyst at Oystertrade.com Management told CNBC.
The first half of next year will be very bad for the world economy, but investors will find value in stock markets as some deeply discounted shares will stage a rebound, Marc Faber, editor and publisher Gloom, Boom and Doom Report, told CNBC.