CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar. Today Santelli takes a look at the yield curve between the 10-year and 5-year Treasury.» Read More
Unemployment in Australia unexpectedly ticked up from 33-year lows in October but the number of full-time jobs increased by the biggest amount in 16 years, underlining the continued strength of the economy.
The dollar dropped to record lows versus the euro Wednesday after comments by a Chinese official stoked fears the central bank of the world's fourth largest economy would reduce its holdings of U.S. assets.
The risks posed by the credit market turmoil and inflation were about balanced, and there was some improvement in inflation, Federal Reserve Bank of Richmond President Jeffrey Lacker said on Wednesday.
The shrinking U.S. dollar, record oil prices and some major earnings reports will dominate Wednesday trading. Oil edged past $98 moving deeper into record territory in overnight trade. Traders are betting crude has the legs to run through $100 in the next couple of days.
European Central Bank policymakers have been relaxed about the euro's steep rise against the dollar -- in public at least -- but its move towards $1.50 is raising the prospect that it might intervene.
The European Central Bank should take into account a range of factors such as the strong euro and high oil prices when setting monetary policy, France's Secretary of State for Europe Jean-Pierre Jouyet said on Wednesday.
Australia's central bank raised interest rates to an 11-year high on Wednesday as it battled to contain inflation, a decision charged with unusual political implications just two weeks before a national election.
It's been less than a week since the Federal Reserve hinted it was done lowering interest rates. Yet Wall Street is already clamoring for yet another cut.
James Owens, the chief executive of Dow component Caterpillar, sees a soft landing in store for the U.S. economy.
The dollar fell to all-time lows against the euro and a basket of major currencies Tuesday as investors feared the fallout from the credit turmoil was far from over and the Fed will have to cut interest rates some more.
Fed Chairman Ben Bernanke may not have many soothing words for Wall Street when he testifies before Congress on Thursday.
Billionaire investor George Soros forecast on Monday that the U.S. economy is "on the verge of a very serious economic correction" after decades of overspending.
Financial stocks held the market underwater Monday and will continue to figure in Tuesday's trading as investors struggle to sort out what the credit mess means for Wall Street and the banking industry.
Former Federal Reserve Chairman Alan Greenspan said on Tuesday that falling U.S. home prices and high inventories of unsold properties presented a major risk to the U.S. economy and financial markets.
The dollar edged up Monday against the euro in European trading, helped by better-than-expected growth in the U.S. services sector.
Forget the Bernanke speak. Cramer doesn't think the central bank has any choice but to keep cutting rates.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Stocks could be setting up for a bit of a bounce back but first investors need to decide just how radioactive the financial sector has become. Heading into the weekend, market rumors of lurking credit issues plagued bank and brokerage stocks.
The dollar sank to record lows against the euro and a major currency basket on Friday, as persistent worries about unreported losses at financial firms overshadowed a strong U.S. payrolls report.
The rate of foreclosures in the United States will remain higher than normal for the next18 months as the current home loan crisis plays itself out, a senior U.S. Treasury official said Friday.
Jobs data for October will set the course of trading Friday, and maybe even for days after. "I think it will be good for the market to focus on fundamentals rather than the ethereal notions of credit and its relative crappiness," said CNBC senior economic correspondent Steve Liesman.