WASHINGTON— Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills unchanged, while rates on three-month bills rose to their highest level in four weeks. The Treasury Department auctioned $27 billion in three-month bills at a discount rate of 0.030 percent, up from 0.025 percent last week.» Read More
A lot of folks were turning the tables on some scary looking numbers yesterday, namely that housing starts and permits were down much farther than expected.
The storm hitting Wall Street ramped up to category 5, and it's not over. Wednesday's markets illustrated in every way the fears investors have been living with since the credit crises began a year ago.
Carmen and our experts answer the questions you're probably wondering yourself about what to do to protect your money.
Wall Street suffered another beating Wednesday at the hands of investors panicking over the state of large banks, as they flocked from stocks and sent safe-haven areas like gold soaring.
When you read today’s New Home Construction report from the Department of Commerce, it seems pretty ugly at face value. Starts are down 6.2 percent and building permits (an indicator of future starts) are down nearly 9 percent. Sounds pretty bad, right?
Mortgage rates are continuing to slide, but not enough to encourage people to buy a house or refinance.
Investing experts and economists worldwide weigh in on AIG and what this recent run of bailouts means for financial sectors across the globe.
The unprecedented government rescue of insurance giant AIG calms the market's angst, but the question is whether credit markets will cooperate with the Fed and what other shoes are there left to drop.
The Federal Reserve, meeting during an unprecendented crisis on Wall Street, decided to leave interest rates unchanged but expressed concern about the crisis escalating.
The Federal Reserve left rates unchanged on Tuesday, giving little relief for Wall Street one day after the Dow's 500 drop. What follows are video highlights of the experts' reactions.
If this company goes under, Cramer says, the market will freeze.
I have to say I was not surprised that home builder sentiment ticked up two points this month after seven straight months of decline.
The Federal Reserve needs to slash interest rates by half a percentage point to show the public that it is taking steps to avert a financial crisis, Dennis Gartman, founder of the Gartman letter, told CNBC on Tuesday.
Financial markets are widely expecting the Federal Reserve to cut interest rates today, but they may not get their wish.
Financial markets are widely expecting the Federal Reserve to cut interest rates today, but they may not get their wish. Take our Poll:
Investment experts from around the globe offer their advice on what investors can do in the wake of the latest financial turmoil.
Don't expect the central bank to cut interest rates on Tuesday at its regularly scheduled FMOC meeting following the Lehman Brothers-Merrill Lynch-AIG developments, even though that's the action it took in March when Bear Stearns was on the ropes.
The already roiled markets have a new fear: the survival of AIG.
Lehman Brothers filed for bankruptcy on Sunday to become the largest casualty of the global crisis, while Bank of America adds another slice to its growing financial services empire, buying Merrill Lynch in a $50 billion deal. Following are today's top videos:
Could wreckage from the massive crisis on Wall Street prompt the Federal Reserve to do an about face and once again cut interest rates?