Strong mortgage originations have propped up bank earnings over the past several quarters, but the trend may have weakened in the first quarter, according to FBR Capital, which lowered the earnings estimate for six banks. TheStreet.com reports.
CNBC's Kate Kelly reports Japan's Nikkei surged overnight to 4.5 year highs following unprecedented stimulus measures. She also discusses the next hedge fund brawl. Anthony Scaramucci, Skybridge Capital, also weighs in.
Brian Kelly was not surprised by today's market pullback -- in fact, he was prepared for this. But despite the dismal jobs data, Joe Tanious, JPMorgan Funds, says the rally is not over.
CNBC's Bob Pisani and Art Cashin, of UBS, discuss today's disappointing jobs number, and the concern that it may indicate "stall speed" in the economy.
The offshore accounts of thousands of wealthy people around the world have been exposed, reports CNBC's Robert Frank. The list, which includes 135,000 people, was published by a group called Offshore Leaks.
JC Penney is up as much as 6 percent this morning, reports CNBC's Courtney Reagan, as the company soft launches "home stores" within some of its stores around the country.
Randy Kroszner, Professor Of Economics at the University of Chicago Booth School of Business, shares his opinion of the employment number. Talk of tapering QE seems to have been premature.