While Wall Street will reopen to volatile trade on Monday, Masood Vojdani, founder of MV Financial, advises U.S. investors to stay patient as the Greek situation will likely be resolved soon.» Read More
After much ado on the international stage, President Obama decided to shift attention back to the domestic issues at hand, and where better to start than housing.
You've heard all the gloom and doom. Now here's some good news: the economic recovery could happen much sooner—and be much stronger—than anyone thought possible.
Assuming you can find one, how do you avoid paying a jumbo’s higher interest rate? You have three options.
Two of our top money advisors debunk this financial falsehood.
Global stocks rose Thursday, ahead of the long Easter weekend, as governments and central banks take concerted efforts to restore economic growth.
Pulte Homes' purchase of Centex certainly gave volume to the buzz that there is a housing recovery right 'round the corner.
Below are the minutes released by the Federal Open Market Committee after its Mar. 17-18 meeting:
Although oil prices should remain low for the next three to six months, the threat of surging prices remains, according to John Hofmeister, former Shell president and CEO of U.S. operations.
Global stocks fell Wednesday, tracking Wall Street's overnight slide, as poor earnings from Alcoa sparked concerns about other corporates. Experts tell CNBC that despite the volatility, there are still "amazing" opportunities out there.
I said it yesterday, and I’ll say it every day: Until the number of foreclosures in this country starts to go down instead of up, we will not see a full recovery in the housing market; I don’t care how upbeat you are about buyer traffic this spring.
Global stocks eked out small gains Tuesday ahead of the start of the U.S. corporate earnings season, which aluminum producer Alcoa kicks off later. Experts expects the first-quarter earnings to be a doozy for most American companies.
Before the spring season began, most housing analysts called it over. With foreclosure numbers still climbing and prices still falling, how could it be anything else?
Optimists looking for fresh signs of a recessionary bottom will have to wait until next week to find out if the worst is over.
The government is extending the deadline for private fund managers to apply to participate in the administration's program to purchase distressed assets from banks.
Global stocks and the euro gained Monday as hopes that the economic downturn is nearing its bottom spurred demand for riskier assets. Experts tell CNBC they see long-term value in the euro and gold, while they see short-term value in the dollar and stocks.
The U.S. dollar rose against the yenFriday after the key U.S. nonfarm payrolls report came in not as bad as many had feared, bolstering investors' appetite for riskier assets.
There’s little dispute that allowing flexibility in valuing toxic assets will be good for the banking industry. The big question is whether it's good for anyone else—including the US government.
When it comes to job losses, March will be the cruelest month. “It almost can’t get any worse,” says one economist.
While most Asian markets closed higher Friday on the back of the G20 summit optimism and a rally in tech stocks, European markets were lower ahead of the March U.S. jobs report. Economists polled by Reuters expect a decline of 650,000 jobs.
When it comes to job losses, March will be the cruelest month, while April may be the beginning of the end. “It almost can’t get any worse,” says one economist.