China's central bank cut interest rates on Saturday, ahead of factory health readings that showed some worrying signs on growth, in the latest bid to support the world's second-largest economy, as its momentum slows and deflation risks rise. Activity in China's factory sector edged up to a seven-month high in February but export orders shrank and...» Read More
The U.S. Federal Reserve announced emergency measures to stem a fast-spreading global financial crisis, tapping tools last used in the Great Depression to pour funds into cash-starved Wall Street firms.
With the FOMC meeting scheduled for Tuesday can you get ahead of the Fed?
European stocks are set to be dominated by events in the U.S. next week, as the Federal Reserve is likely to cut rate cuts further and the big three U.S. brokerages deliver earnings to volatile markets.
Fed Chairman Ben Bernanke is throwing all he’s got at the economy, but it may not be enough to combat both a recession and credit crunch.
New talk from the Bush Administration about wanting a strong dollar, has fueled speculation that Washington will intervene in the markets to support the U.S. currency, but analysts say such a move is both unlikely and impractical at this time.
Cheaper energy and transportation prices helped keep overall consumer prices in check, the Labor Department said, a surprise after a run-up that heightened concerns about inflation.
I’m at the point now where I honestly can’t keep track of all the foreclosure fix proposals out there right now. Today we got a few more. One is from the National Community Reinvestment Coalition, which, in what it calls a “market-driven plan,” wants the government to buy loan pools at a discount and then sell those same loans back to Wall Street...
Australian employment growth blew past all expectations in February while the jobless rate hit fresh 33-year lows, reviving speculation that the drum-tight labor market might yet spark another rise in interest rates.
This week's central bank efforts to unfreeze credit markets will offer only temporary relief and more pain can be expected before a market recovery, analysts said.
U.S. stock index futures pointed to a broadly flat open for Wall Street Wednesday, following the previous session's huge rally, as investor enthusiasm at the prospect of more liquidity and looser collateral rules by the Federal Reserve started to dwindle.
It is the ECB's mandate, credo and conviction that only an inflation-free (inflation-free in ECB speak is a rise in consumer prices of no more than 2 percent) economy is a healthy economy and that price stability is the best guarantor for economic growth and prowess.
If investor Jim Rogers woke up as Ben Bernanke, he'd quit and close up the Federal Reserve for providing 'socialism for the rich,' he told CNBC Europe.
Jefferson County is teetering on the brink of bankruptcy after a series of exotic bond deals that the bankers concocted went wrong, and the interest on its debts, rather than shrinking as the bankers had promised, has ballooned like a bad subprime mortgage.
Australia's trade deficit ballooned 41 percent in January as strong domestic demand sucked in imports while bad weather and supply bottlenecks crimped export growth.
Stocks rebounded on news of the Fed's efforts to ease credit, staging the biggest rally of the year. But traders hoped the Fed had even more cards to play
Steps by the Federal Reserve and other central banks to pump liquidity into stressed creditmarkets will temporarily help the ailing dollar, but not provide a long-term cure as risks of a U.S. recession mount.
The Fed's latest move to ease credit raised two questions: Will it be enough to stem the crisis and will it mean a smaller interest-rate cut at next week's meeting?
So I’ve been calling around to find out what today’s move by the Federal Reserve -- pumping all that money into the financial markets -- will mean to John and Jane Doe on Main St., out shopping for a mortgage. See what my contacts had to say...
The European Central Bank plans to auction up to $15 billion in extra 28-day dollar refinancing to euro zone banks to ease tensions on interbank lending markets, the ECB said on Tuesday.
The U.S. economy could start to see a recovery as soon as April, despite current conditions indicating a greater risk for contraction, a senior U.S. Treasury official told CNBC Europe Tuesday.