Interest Rates


  • White House: Jobs Report A Sign of Slow Growth Thursday, 3 Jul 2008 | 11:58 AM ET

    The White House said Thursday a report showing a sixth straight month of job losses in June was another sign of slower U.S. economic growth.

  • European Central Bank Boosts Rates Thursday, 3 Jul 2008 | 9:49 AM ET

    Euro-zone rates rose to 4.25% as the central bank fights inflation, but ECB President Jean-Claude Trichet's message was slightly dovish.

  • Don't Blame the Dollar for Oil Prices: Paulson Thursday, 3 Jul 2008 | 7:12 AM ET
    Henry Paulson

    A weaker dollar cannot be blamed for soaring oil prices as policymakers around the world tussle with the twin spectres of rising inflation and slowing growth, U.S. Treasury Secretary Henry Paulson said on Thursday.

  • Economy Expected to Shed Jobs for 6th Straight Month Thursday, 3 Jul 2008 | 4:45 AM ET

    Payrolls likely dropped by 60,000 in June, while the jobless rate is expected to have fallen to 5.4 percent from 5.5 percent in May.

  • Economy Downturn Bigger Worry Than Prices: Paulson Thursday, 3 Jul 2008 | 3:17 AM ET

    The downturn in the economy is a greater worry than inflation at the moment, U.S. Treasury Secretary Henry Paulson said on Thursday.

  • Europeans Ruin Your July 4th? Wednesday, 2 Jul 2008 | 6:40 PM ET

    Will ECB Chief Trichet ruin your July 4th vacation along with the global economy and hike rates Thursday?

  • Will Europe Make Things Worse for Investors? Wednesday, 2 Jul 2008 | 1:30 PM ET
    European Central Bank President Jean-Claude Trichet

    When European Central Bank President Jean Claude-Trichet announces his decision tomorrow on interest rates, investors will be paying far more attention to what he says than what he does.

  • Paulson: Oil, Falling Home Prices to Prolong Slowdown Wednesday, 2 Jul 2008 | 11:55 AM ET
    United States Treasury Secretary Henry Paulson

    U.S. Treasury Secretary Henry Paulson said on Wednesday that high oil prices, further home price declines and capital markets turmoil will prolong the American economy's slowdown.

  • New York City

    It's my favorite day of every quarter. Whether Central Park is turning amber or tulips are rising in the islands of Park Avenue, the quarterly Manhattan Residential Market Report is always the tastiest morsel of the season (who loves her job more than me??).

  • Fed's Lockhart Drops Hint of Rate Hike Wednesday, 2 Jul 2008 | 5:17 AM ET

    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.

  • Mortgage

    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.

  • Manufacturing Picks Up, but So Do Price Pressures Tuesday, 1 Jul 2008 | 10:47 AM ET

    U.S. factory activity expanded unexpectedly in June but inflation pressures soared, according to a report released Tuesday.

  • Game Nearly Over for Dollar Decline: Morgan Stanley Tuesday, 1 Jul 2008 | 7:13 AM ET

    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 PMI Hits Near-3-Year Low as Costs Soar Monday, 30 Jun 2008 | 10:32 PM ET
    China, Chinese Flag

    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.

  • Japan Business Sentiment Falls Less Than Expected Monday, 30 Jun 2008 | 9:20 PM ET
    Japanese Flag

    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.

  • Home Swapping: Barter in a Bad Market Monday, 30 Jun 2008 | 10:33 AM ET
    Home Swapping

    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 Jumps to Record High 4% Monday, 30 Jun 2008 | 8:02 AM ET

    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.

  • Will it be a game of 2 halves for stock markets? Monday, 30 Jun 2008 | 6:43 AM ET

    The developed markets are likely to continue to underperform, while the commodity and emerging market indices will generate better returns.

  • Web Extra: Next Week's Trades Friday, 27 Jun 2008 | 6:58 PM ET

    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.

  • Just The Mention Of Foreclosure Draws A Crowd Friday, 27 Jun 2008 | 1:42 PM ET

    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.