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  • Sarkozy Wants Brown's Help to Stop Dollar Fall Thursday, 27 Mar 2008 | 4:50 AM ET
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    French President Nicolas Sarkozy will ask British Prime Minister Gordon Brown for help in getting Washington to prop up the ailing dollar, but Britain has usually shunned managing exchange rates.

  • Housing's Silver Lining: Affordability and Interest Rates Wednesday, 26 Mar 2008 | 3:51 PM ET

    A silver lining in housing? The New Home Sales was a disappointment this morning. Even though sales were a bit higher than expected, the inventory of unsold homes remained unchanged with Jan at 9.8 months supply, a bit disappointing.

  • Follow The Money Wednesday, 26 Mar 2008 | 3:36 PM ET

    If you’re in the market for a student loan, there's more federal funding out there than you may think. You may just have to look a little harder.

  • Fed's Evans Says Interest Rate Levels 'Accommodative' Wednesday, 26 Mar 2008 | 2:28 PM ET

    Chicago Federal Reserve Bank President Charles Evans said on Wednesday that U.S. interest rates are now "accommodative" and should help to support stronger growth in the second half of 2008.

  • Mortgage Applications Surge--But Hold The Champagne Wednesday, 26 Mar 2008 | 11:05 AM ET
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    An awful lot of people were on the phone to their mortgage brokers last week--according to the Mortgage Bankers Association’s Weekly Applications Survey. Application volume increased 48 percent from the week before, but before you go calling an end to the housing downturn, there’s something you should know:

  • Durable Goods Orders Fell A Steep 1.7% in February Wednesday, 26 Mar 2008 | 10:15 AM ET
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    Orders  for big-ticket manufactured goods fell for a second straight month in February, a worse-than-expected performance that provided more evidence of a slumping economy.

  • No End in Sight for Credit Crunch: Central Banks Wednesday, 26 Mar 2008 | 9:28 AM ET
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    Top central bankers warned on Wednesday there was no end in sight yet to the global credit crunch as German banking giant Deutsche said the crisis threatened its profit target for this year.

  • Credit Crunch Makes Rate Cut More Likely: BoE's King Wednesday, 26 Mar 2008 | 9:27 AM ET

    Tighter lending conditions have made the Bank of England more inclined to cut interest rates as the global credit crunch enters a new and difficult phase, Mervyn King, the central bank's governor, said on Wednesday.

  • EU Concerned Over Euro Rise, Keeps 2008 Growth View Wednesday, 26 Mar 2008 | 6:44 AM ET

    The European Commission expressed concern on Wednesday about the euro's rise, saying it added to the strengthening headwinds facing euro zone growth, but stuck to its 1.8 percent forecast for 2008 economic growth.

  • Three-Month Money Markets Rates Rise Again Tuesday, 25 Mar 2008 | 11:28 AM ET

    The interbank cost of borrowing three-month dollar, sterling and euro funds rose on Tuesday, according to the British Bankers Association's latest daily fixing, despite central banks continuing to pump funds into the money market.

  • Korea's Central Bank Comments Dampen Rate Cut Hopes Monday, 24 Mar 2008 | 10:51 PM ET

    South Korea's central bank chief on Tuesday said an expected annual current account deficit and high inflation favored higher interest rates, although a slowing economy supported the case for steady or lower rates.

  • Brown, Sarkozy to Urge Banks to Disclose Writeoffs Monday, 24 Mar 2008 | 12:05 PM ET
    British Prime Minister Gordon Brown.

    British Prime Minister Gordon Brown and French President Nicolas Sarkozy will urge banks this week to make "full and immediate disclosure" of write-offs due to the global credit crisis, British officials said on Monday.

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    I’ve been reporting on the new proposals from House Financial Services Committee Chairman Barney Frank that he put forth in a news conference this morning. A lot of it is very complicated and has to do tighter regulations of capital markets and investment banks.

  • Fannie And Freddie: Helping Them Doesn't Really "Help" Us Wednesday, 19 Mar 2008 | 12:34 PM ET
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    So instead of holding reform over their heads, the government finally let up and gave Fannie and Freddie a break on their capital requirements--which were above the norm as a punishment for previous accounting “issues.”

  • As Interest Rates Decline, Bernanke's Stock Goes Up Wednesday, 19 Mar 2008 | 11:43 AM ET
    Ben Bernanke, President Bush's top economic adviser, speaks in the Oval Office at the White House after Bush named him to take over the Federal Reserve from retiring Alan Greenspan, in Washington, Monday, Oct. 24, 2005. It was the third time in as many years the president has turned to the 51-year-old Bernanke for a sensitive post. Bush named him to the Fed board in 2002, then made him chairman of the president's Council of Economic Advisers earlier this year. (AP Photo/J. Scott Applewhite)

    Fed Chairman Ben Bernanke’s stock is at a 52-week high on Wall Street --- with the exception perhaps of Bear Stearns, which appears to be selling him short.

  • After the Fed's Latest Rate Cut: CEOs Weigh In Wednesday, 19 Mar 2008 | 10:53 AM ET

    A day after the Federal Reserve cut interest rates another three-quarters of a point, CEOs joined Squawk Box to share their outlook on the economy and markets.

  • BoE Voted 7-2 for Steady Rates in March Wednesday, 19 Mar 2008 | 5:42 AM ET

    Two of the nine Bank of England policymakers opposed this month's decision to keep interest  rates at 5.25 percent, preferring an immediate quarter-point cut to shore up the economy in the face of a global downturn.

  • Best Day in Five Years Tuesday, 18 Mar 2008 | 7:11 PM ET
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    Stocks take off after better-than-expected earnings from Lehman and Goldman and go higher still on another Fed rate cut. Also, breaking news on the Visa IPO and more.

  • It's Confidence, Stupid! Tuesday, 18 Mar 2008 | 7:07 PM ET
    Federal Reserve Bank Chairman Ben Bernanke

    Well, not altogether true, of course. Or rather: It´s not so much confidence, but the notable lack thereof. Has Ben Bernanke completely lost his bearings? That's the question of the day ...

  • Dow Gains 3.5% in Financial-Led Rally Tuesday, 18 Mar 2008 | 6:11 PM ET

    Stocks soared Tuesday, led by financials, as the market breathed a huge sigh of relief following better-than-expected earnings from Goldman Sachs and Lehman Brothers.