John Silvia, Wells Fargo Securities chief economist, shares his economic forecast or the rest of 2015.» Read More
All nine members of the Bank of England's Monetary Policy Committee voted to cut interest rates by a quarter-point in December and even discussed whether slowing economic growth meant a bigger move might be needed.
Japan's economy will grow 2.0 percent in the fiscal year starting on April 1, the government said on Wednesday while sharply downgrading its initial forecasts for the current year to reflect tumbling investment in housing.
European equity markets are set to start higher on Wednesday, inspired by a rise on Wall Street where technology issues led a rise in the market, while Asian stocks recovered from a five-day losing streak.
Stocks staged a mini comeback Tuesday after a day that saw indexes seesaw on both sides of the unchanged line. The market once more fretted over the financial sector and could do the same on Wednesday.
I realize this was a momentous occasion, being allowed to sit in on a meeting of the Federal Reserve board of governors and watch as they considered a proposal critical to the future of the mortgage market. I guess I just expected more. The room is austere, the governors impressive, the staff remarkable, but the meeting was unremarkable.
Housing starts and earnings from Goldman Sachs and Best Buy are among the headlines the stock market will care about ahead of Tuesday's open.
European stocks were set to edge lower on Tuesday, adding to the previous session's losses as investors fear that rising prices combined with a slump in the U.S. housing market could drag the world's biggest economy into stagflation.
A U.S. Federal Reserve policymaker is questioning the way the Fed describes risks to the economy in its public statements, The Wall Street Journal Online reported on Monday.
Treasury Secretary Henry Paulson said Monday that moves by some big banks to bring off-balance sheet investments tied to subprime mortgages back onto their books would help ward off a widespread credit crunch.
First off I want to apologize for my lack of blogging on Friday. I meant to get back to my desk in the early afternoon, but that didn’t happen. You see, when you’re in the TV business, every now and again you get the call from the official network “stylist” who wants to “rework” your hair and makeup and “freshen up” your wardrobe. In other words, the bosses think you need some work.
European shares are set to open down as much as 1.3 to 1.5 percent on Monday, tracking weakness in the U.S. and Asian markets, according to financial bookmakers.
Let the market set interest rates, not the Federal Reserve, the Republican presidential hopeful says.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
As we enter the final stretch of 2007, the stock market may temporarily lose some of its violent mood swings and secure gains for the month and the year.
If I hear or read another headline that calls November's retail sales results "surprising," I may scream. I am also hereby banning use of the word 'cautious.' Today the Commerce Department reconfirmed what retailers told us all last week. November sales were sweeter than expected. The consumer is still buying cold weather apparel and Christmas presents.
Euro zone inflation surged to 3.1 percent in November, the highest level since May 2001 according to Global Insight and above an earlier estimate of 3 percent, data from the EU statistics agency Eurostat showed on Friday.
Consumer inflation data is big on Friday's agenda after Thursday's producer prices showed wholesale level inflation surging at the fastest rate in 34 years.
Everybody seems to have an opinion on the Federal Reserve's plan to ease the global credit crunch. Here's what some CNBC guests were saying Thursday.
Bernanke should leave the ivory tower and get on a trading desk. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Lehman Bros.' fourth-quarter earnings report, producer price inflation data and November retail sales will be factors setting direction for Thursday's markets.
Central banks banded together to make it easier for stressed banks to borrow money in a credit crunch that threatens to knock the U.S. economy into recession.