March non-farm payrolls seen up 244,000. BRUSSELS, March 29- The state of the U.S. labor market in March will consume economists and investors in the week leading up to Easter, adding to the seesaw debate over when the Federal Reserve will spring its first interest rate hike. Fed Chair Janet Yellen made it clear on Friday that the U.S. central bank is likely to start...» Read More
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.
With the stock market under siege from the credit freeze, what can you expect from the Fed?
As home prices continue to fall and foreclosed properties flood the marketplace, a lot of folks are wondering if now is the time to get in on the good deals. I realize there will be many, many differing opinions on this, but I thought I’d offer just a few:
Ahead of the Fed's meeting next week, Squawk Box brought in a special guest lineup to address the economy, commodities, banks and interest rates.
U.S. wholesale inventories rose 0.8 percent in January, while sales leapt 2.7 percent, thelargest increase in nearly four years, the Commerce Department said.
An emergency interest rate cut from the Federal Reserve is possible ahead of its March 18th policy meeting, according to a Goldman Sachs research note on Monday.
A second straight month of job losses all but ended the debate over whether the U.S. economy has slipped into recession. Now the question is how to get out.