Greg Fleming, Morgan Stanley Wealth Management, shares his outlook on the markets and when rates are likely to head higher.» Read More
The Federal Reserve must "react decisively" to stop inflation from pushing up wages, one of its top policy-makers said Tuesday, dropping a clear hint about the possibility of interest-rate hikes ahead.
So what do you do if you’re a developer and the credit crunch is keeping your potential customers away? Well, how about giving buyers the loan yourself! That’s precisely what the developers of a posh Harlem condo building are doing.
U.S. factory activity expanded unexpectedly in June but inflation pressures soared, according to a report released Tuesday.
The dollar's recent declines against the other major currencies are set to reach the final whistle and greenback sellers will have to retreat to the sidelines, David Darst, chief investment strategist of Morgan Stanley Global Wealth Management Group told CNBC Tuesday.
China's manufacturing sector has lost considerable momentum because of surging costs at home and weak demand from abroad, an official survey showed on Tuesday.
Confidence among big Japanese manufacturers fell to a five-year low in June, a central bank survey showed, but the fall was less than expected, hitting Japanese bonds while helping push up shares.
The idea is that instead of trying to sell your home in a down market, waiting perhaps months and months and lowering the price, thereby lowering your potential buying power for the next home, you simply find someone who has something you want, and you trade.
Euro zone inflation jumped to a record high of 4.0 percent in June, cementing expectations the European Central Bank will raise interest rates this week despite slowing economic growth.
The developed markets are likely to continue to underperform, while the commodity and emerging market indices will generate better returns.
In Friday’s Web Extra find out how the traders are playing H&R Block, oil inventories, the ECB and more in the week ahead.
In the midst of reporting earnings from KB Home and Lennar this week, neither of which were particularly pretty, I saw a press release for an auction in Houston that tweaked my interest. The title reads: Greater Houston Real Estate Auction: Sign of the Times.
Consumer spending jumped last month as stimulus checks boosted household budgets. Walt R. from Indiana writes, "Our food services business has been phenomenal this year..."
U.S. consumer confidence fell more than expected in June, hitting another 28-year low as surging prices and mounting job losses sapped sentiment, according to a survey.
Consumers will respond to soaring oil prices with mass conservation measures, investor Sam Zell said Friday on CNBC.
U.S. personal spending rose by a more-than-expected 0.8 percent in May as government stimulus checks bolstered household budgets, while a key gauge of inflation stayed tame.
The Federal Reserve should let the big investment banks go bust if they made unwise investment decisions, and investors should take refuge into gold, said Marc Faber, editor and publisher of "The Gloom, Boom & Doom Report."
The global economy will struggle more than people now think, as the credit crunch spreads beyond housing and financials, Gerald Hassell, Bank of New York Mellon president, told "Squawk Box Europe" Friday.
South Korea on Friday posted a current account deficit for the third month this year in May, clouding prospects for its already weak currency and its battle to contain inflation.
Japan's annual consumer inflation accelerated to a decade-high in May on surging energy costs, and household spending dipped as the job market stagnated, darkening the outlook for the world's second-largest economy.
On the day after an unusually important Fed policy meeting both gold and stocks severely rebuked the central bank’s decision to take no action in support of the weak dollar or to curb rapidly growing inflation.