*NATO says more than 1,000 Russian troops in Ukraine. NEW YORK/ LONDON, Aug 28- Gold rose for a third consecutive session on Thursday as tensions in Ukraine increased and equity markets retreated, but analysts said the rebound could be short-lived due to strong U.S. economic growth data and the prospects of a U.S. interest rate hike.» Read More
As U.S. automakers sell their rescue plan to Congress on Thursday and the markets digest more grim jobs data, CNBC asked American CEOs their perspective on the economy, budget and bailouts.
Stocks opened lower Thursday amid a fresh round of layoffs and dismal same-store sales numbers, but soon turned mixed after an unexpected drop in jobless claims and better-than-expected factory-orders report.
U.S. stock index futures were getting battered by a fresh round of layoff announcements by some major companies and mostly dismal news about retail sales.
Despite the unexpected drawback in U.S. crude inventories, oil prices continued their fall Thursday, to below $46 a barrel, near four-year lows, as economic fears deepened. As the downturn persists, analysts interviewed by CNBC suggest oil could fall to $20 a barrel.
President-elect Barack Obama nominated Gov. Bill Richardson (D-NM) for commerce secretary Wednesday, the same day that United Auto Workers President Ron Gettelfinger announced the UAW would make huge concessions in order to help the Big 3 automakers nail government bailout funds. CNBC heard from experts who said the drop in gasoline prices bodes well for the first quarter and Ben Bernanke just may save us from a severe recession. (UPDATED)
The heads of the Fed and Treasury are signaling that they plan to take more steps to ease credit and jump-start the economy.
It should come as no surprise to anyone that mortgage applications would surge last week, after the Fed announced it would buy GSE debt and mortgage-backed securities. Interest rates on the 30-year fixed dropped nearly a full percentage point.
As markets continued their volatile trade Wednesday, low-risk assets like U.S. Treasuries retained their luster, despite offering the lowest yields in decades. Betting on credit may offer better returns than stocks, some analysts say.
Stop worrying about another Great Depression. It's not going to happen.
Licking their wounds after the Dow's fourth-worst daily point drop, fund managers and economists regroup.
I’m actually surprised it took this long. As more and more banks announced they were getting more and more aggressive on loan modifications, it seemed the investors in these loans were being just a little too silent.
Plus, Cramer puts Monday's market drop into perspective and a quick call on Apple.
Foreclosures will continue to rise unless the government comes up with an effective program that works for lenders and borrowers, sales of existing homes will bounce back and look for a major home builder to go belly up.
Given the chance to chat with several co-op owners, I asked the expected question: Will all the Wall Street layoffs really put a bullet in the island’s real estate market? The answers were mixed, some citing the still-high demand for housing in a city with relatively limited supply.
The market news on Black Friday is all about retail — so unsurprisingly, the news today is pretty bleak, as shoppers look to stretch tight budgets and thinner wallets. Retail chain CEOs who spoke to CNBC emphasized the positive, but industry analysts are already predicting a "red" Christmas. And investment strategists see a big cash-raising selloff in the works.
The bottoming process has begun in stock markets and now is the time to buy good value US, Chinese and energy stocks, experts tell CNBC.
Investors looking for safe places for their capital are fast running out of options as US government bonds are set to see their yield sink to practically zero, Nicole Elliott, technical analyst from Mizuho Corporate Bank, told CNBC.
The government’s latest effort to unfreeze credit markets may have some success, but it still raises questions about the overall US strategy in the financial crisis.
We got more bad news today about home prices from FHFA and S&P Case Shiller. All pretty much historic drops. Those price drops will result in more borrowers unable to refinance out of their loans.