CNBC's Sue Herera looks back at the week's top business and financial stories.» Read More
Stocks declined Tuesday amid concerns about interest rates and a slide in consumer confidence. Merck dragged on the Dow industrials after the FDA rejected a key cholesterol drug.
Depending on how much of the economic stimulus check is promptly spent -- and on what -- it could mean the difference between the U.S. economy eking out marginal growth in the coming months or slipping into a deep recession.
I want to bring your attention to a disturbing little sub-number in today’s quarterly foreclosure report from California-based RealtyTrac. RealtyTrac reports “foreclosure activity,” which covers default notices, auctions sale notices and bank repossessions.
As the U.S. Treasury races to get rebate checks to households, higher gasoline prices are blunting the economic impact of the $152 billion stimulus package.
Stocks were indicated to open slightly lower Tuesday, but big moves are unlikely until the Federal Reserve announces its decision on interest rates on Wednesday.
The Federal Reserve looks set to deliver a small interest rate cut on Wednesday, though the central bank could signal that this is the last in a cycle.
Tuesday could be another wait-and-see day in the markets as investors count down to the Fed's Wednesday afternoon interest rate announcement. But it may be earnings news that has the biggest sway over stocks.
Wall Street’s on the edge of its seat ahead of Wednesday’s interest-rate announcement. You should be on the phone with your broker.
Stocks finished flat Monday as concerns about the Federal Reserve's rate decision in a couple of days kept a lid on activity generated by merger buzz.
The U.S. dollar may lurch higher on Wednesday if the Federal Reserve signals an end to its campaign of slashing interest rates, but a rally would soon fizzle if April's jobs report comes in well below forecasts.
The Fed needs to stop cutting interest rates and halt the run on the dollar. They can do this by announcing a lengthy pause in their interest rate statement due out this Wednesday at 2:15 pm.
Stocks ticked higher Monday amid merger buzz but index gains were modest as the market awaits the Federal Reserve's rate decision later this week.
Tomorrow the folks at S&P/Case Shiller will report the monthly prices in the nation’s top ten and top twenty metro markets. Every time I report these numbers I get any number of critics arguing that the fall in home prices is really concentrated in only a few large cities in the nation, most of them in California and Florida.
The disparity between U.S. and euro zone interest rates is starting to cause problems, French Economy Minister Christine Lagarde told CNBC Monday, adding that Europe’s rampant inflation will ease.
Stocks retreated after an early pop Monday as the early market buzz was all about deals and deal makers.
The US economy indeed has entered into a recession, even if the traditional indicators aren't showing it yet, billionaire investment guru Warren Buffett said.
The stock market will likely start the week on a hesitant note with Wall Street facing the first Federal Reserve interest-rate decision in many months not knowing that a cut is likely guaranteed.
If the U.S. Federal Reserve wants to restrain oil and food prices and help downtrodden consumers, the best thing it can do is stop cutting interest rates.
If Bernanke cuts rates one more time as expected on Wednesday, what will it mean for stocks?
Stocks finished higher for the week, helping major indexes transcend recent highs, as financials gained and the dollar showed signs of recovery.