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Dismal news on housing overwhelmed stocks Tuesday, and the markets now look to Wednesday's housing and durable goods reports with newly lowered expectations.
This update on Strayer Education's disagreement with the way the Education Department calculates its student loan repayment rates: The department is telling us, at CNBC, that having heard Strayer's spacer complaints, it intends to do intential analysis.
Stocks fell for a fourth straight session Tuesday, ending at their lowest levels in seven weeks, after a dismal report on existing home sales stoked worries about the economic recovery. But several homebuilders finished higher amid some buzz that now might be a good time to get into the sector.
Hewlett-Packard is the company up for debate in today’s Stock Brawl segment during CNBC's “Closing Bell.”
Stocks continued their selloff Tuesday after a dismal report on existing home sales renewed worries about the economic recovery. Homebuilders and oil drillers rose.
This is different from the period we saw where "activists were pushing to break-up companies, leverage up companies. This will be a different twist with potentially x amount of cash is enough," Leon Kalvaria, global head of consumer healthcare at Citigroup, told CNBC on Tuesday.
Economist Joseph Stiglitz warned that Europe is at risk of going into a double-dip. Meanwhile, Greece's 10-year climbed 30 basis points to 10.55 percent causing renewed concerns about the health of its economy. For right now it looks like the European recovery is showing signs of weakening and possibly sliding back.
Oil prices fell for a fifth day Tuesday. Should you invest in oil as a physical commodity or in oil stocks? Darren Gacicia, vice president and equity analyst at Dahlman Rose, and Jerry Castellini, president and CIO of CastleArk Management, shared their insights.
With the markets lower for the fourth trading session, are we headed for a double-dip? David Kelly, chief market strategist at JPMorgan Funds and Sandy Lincoln, investment strategist at M&I Investment Management shared their insights.
First there was the dot-com boom — now there’s the cloud explosion.
Spreads of sovereign debt are wider in several peripheral European countries, and stocks are down in Ireland, Greece and Spain. The S&P 500 is at a four-week low; the yield on the 10-year US Treasury note is back to the lowest yield since March 2009.
Last week’s burst of M&A activity — and its continuation to start this week — suddenly made the often-quiet end of August a lot more interesting.
Positive gross domestic product readings and other mildly hopeful signs are masking an ugly truth: The US economy is in a 1930s-style Depression, economist David Rosenberg said Tuesday.
The business sentiment by 2011's end will be a mixed bag—combining the contraction of 2009 and the slight expansion of 2010—Sir Martin Sorrell, CEO of WPP Group, the world’s largest advertising agency told CNBC Tuesday.
Stocks pared their losses Tuesday as homebuilder, telecom and some consumer stocks recovered after a sharp drop triggered by a dismal report on home sales.
Here's why you should keep a close eye on these six stocks.
The Dow tumbled more than 150 points Tuesday after a report showed a sharp drop in existing-home sales, confirming the market's worries about the recovery. Art Cashin, director of floor operations at UBS Financial Services, discussed his insights.
U.S. stock index futures pointed to a sharply lower open Tuesday, continuing a late-summer slump for the major indexes, as investors took no encouragement from a pickup in merger activity.
See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.
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