TOKYO, July 3- Japanese government bond prices firmed on Friday, tracking firmer Treasuries after a disappointing U.S. employment report raised doubts about whether U.S. interest rates would rise this year. Volume was thin due to caution ahead of Greece's referendum on Sunday on its bailout conditions, as well as a U.S. market holiday on Friday to observe...» Read More
The screeching volatility that took stocks to the worst decline since October, 1987 wiped out much of Monday's gains and leaves traders afraid that investors will shy away from stocks for a very long time.
Treasury Secretary Henry Paulson said the U.S. government's banking rescue plan is designed to spur private investment in financial institutions, and told CNBC that the FDIC interbank lending guarantee that's part of the plan will kick in immediately.
Now that the US consumer has finally hit the wall, there’s growing speculation that the Federal Reserve will push its interest-rate pedal to the floor.
Mortgage rates are climbing, which could make things even tougher for those troubled borrowers still trying to get help on their loans. Why are they rising? All has to do with fear and treasury spreads.
Global credit markets continued to show signs of thawing, but worries about a world-wide recession loomed over markets.
The turmoil in credit markets poses a "significant threat'' to an already slowing U.S. economy, Federal Reserve Chairman Ben Bernanke said Wednesday...
Inflation took an unexpected turn for the worse, while retail sales slumped again in September, complicating the Fed's interest rate policy in the coming months.
While still wildly volatile, the stock market may be ready to start paying attention to what normally drives it - earnings and economic news.
Default filings in California fell a whopping 62 percent in September from the month before, according to ForeclosureRadar.com, a California foreclosure search and data site.
Paul Krugman, Princeton University professor and winner of the 2008 Nobel Prize for Economics, told CNBC that the new rescue plan, which will inject $250 billion into U.S. banks, “looks much better.”
The U.S. government's move to pour $250 billion into banks was appropriate and sufficient, but the markets will take time to heal, Mohamed El-Erian, Pimco co-CEO and co-chief investment officer, told CNBC Tuesday.
The best stock market day in 75 years will no doubt be followed by a less enthusiastic Tuesday session. But the good news is the international effort to thaw the credit freeze may have finally given the markets at least a temporary jolt of confidence.
Stocks bounced back from their worst week ever with one of their best performances in history as investors cheered a global cash infusion designed to unthaw the credit market and avoid a global meltdown. The Dow gained more than 900 points, its biggest one-day point gain ever.
Stocks bounced back from their worst week ever as investors cheered a series of measures and cash injections by governments and central banks designed to prop up the banking sector and avoid a global meltdown. The Dow was up nearly 500 points, or more than 5.5 percent.
I know things aren’t exactly rosy in the home building sector these days, but you’d think a 500-point rally in the Dow might nudge the builders up just a little bit. Not so much.
Stocks rallied at the opening bell Monday following a series of measures and cash injections by governments and central banks designed to prop up the banking sector and avoid a global meltdown. The Dow was up about 400 points, or 5 percent, within the first few minutes of trading.
Wall Street looked set to rally Monday following a series of measures and cash injections by governments and central banks designed to prop up the banking sector and avoid a global meltdown.
Government bailouts of the financial system will destroy the dollar, euro and sterling because of hyperinflation, Martin Hennecke, senior manager of private clients at Tyche told CNBC. But Todd Everts, president & CEO of Wall Street Global, disagreed.
From New York City to Indiana, the Wall Street crisis is hitting cities across the country.
I am so sick and tired of seeing that headline; it seems to be everywhere, in newspapers, on TV news tickers, on the local news, online. It’s freaking people out, and it’s just plain wrong. Here are some facts: