BANGALORE, July 31- The Reserve Bank of India is likely to leave its key interest rate unchanged on August 5 and won't ease policy until early next year on fears food inflation will spike if monsoon rains are below average, according to a Reuters poll.» Read More
The Fed could lend up to $540 billion in a new facility aimed at restoring liquidity for money market funds, Fed officials said.
Economists say the best bang for the buck will come from helping housing, not another tax cut or extended unemployment benefits.
New York Governor David Patterson and New Jersey Governor Jon Corzine sounded off on the economy, Wall Street and regulation on Monday.
A slight thaw in the credit freeze could warm up some cautious buying in battered stocks in the week ahead.
Yesterday, on TV, I did a few stories about how the big government bailout (TARP) is having some unfortunate and unintended consequences on troubled borrowers.
We've all been searching for road maps from the past to help guide us through these current, scary market conditions.
The stock market is on its own wild ride these days, but if investors were to step off the roller coaster for a minute, they might see signs of life in the credit markets.
It’s not exactly a shocker, but the nation’s home builders are in dire need of Xanax. The confidence index for October came out today, and it’s hit another record low.
Investors continued to be rattled by worries that the prolonged credit crisis has already pushed the global economy into a recession.
The latest inflation and jobs data were somewhat better than expected, but the industrial sector showed continued weakness.
The screeching volatility that took stocks to the worst decline since October, 1987 wiped out much of Monday's gains and leaves traders afraid that investors will shy away from stocks for a very long time.
Treasury Secretary Henry Paulson said the U.S. government's banking rescue plan is designed to spur private investment in financial institutions, and told CNBC that the FDIC interbank lending guarantee that's part of the plan will kick in immediately.
Now that the US consumer has finally hit the wall, there’s growing speculation that the Federal Reserve will push its interest-rate pedal to the floor.
Mortgage rates are climbing, which could make things even tougher for those troubled borrowers still trying to get help on their loans. Why are they rising? All has to do with fear and treasury spreads.
Global credit markets continued to show signs of thawing, but worries about a world-wide recession loomed over markets.
The turmoil in credit markets poses a "significant threat'' to an already slowing U.S. economy, Federal Reserve Chairman Ben Bernanke said Wednesday...
Inflation took an unexpected turn for the worse, while retail sales slumped again in September, complicating the Fed's interest rate policy in the coming months.
While still wildly volatile, the stock market may be ready to start paying attention to what normally drives it - earnings and economic news.
Default filings in California fell a whopping 62 percent in September from the month before, according to ForeclosureRadar.com, a California foreclosure search and data site.
Paul Krugman, Princeton University professor and winner of the 2008 Nobel Prize for Economics, told CNBC that the new rescue plan, which will inject $250 billion into U.S. banks, “looks much better.”