Patti Hart, CEO of International Game Technology, has enormous appreciation for the boldness of NJ's embrace to online gaming. Its a great way to reach a new demographic, he adds.» Read More
Stocks turned positive despite disappointing employment news as investors found comfort in other economic news and in expectations the jobs figures would mean the Federal Reserve will continue with efforts to stimulate the economy. DuPont and Bank of America rose, while AT&T fell.
Will investors return to stocks in 2011? David Kelly, chief market strategist at JPMorgan Funds, shared his insights.
China mania! Starting Monday: Chinese IPO week! Huh? In a ho-hum year for IPOs, traders are bracing for SIX Chinese IPOs next week, the largest number of Chinese deals in a single week ever.
Pay no attention to those 15.1 million unemployed people—Wall Street instead is more focused on the man behind the Fed curtain and what he'll be doing to fire up the equity markets.
Lousy jobs report, fear goes up, right? Wrong. CBOE Volatility Index (VIX) DOWN 6.3 percent, to its lowest level since April. That's before the Flash Crash, folks. What gives?
Stocks traded mixed after news the jobs picture hasn't improved despite a string of more hopeful economic data, and despite a report the services sector continued to grow in November. AT&T and JPMorgan fell, while DuPont and Alcoa rose.
Stocks were lower Friday after news the jobs picture remained weak despite a report the services sector continued to grow in November. Nicholas Colas, chief market strategist at ConvergEx, shared his market outlook.
Here's why you should keep a close eye on these six stocks.
Stocks fell modestly Friday following a disappointingly small gain in nonfarm payrolls for November. How should investors be positioned? Joe Gordon, founder and managing partner of Gordon Asset Management, and Benny Lorenzo, chairman and CEO of Kauffman Brothers, shared their best plays.
After we back out health care and social services, which are largely gov't funded, the private sector is not creating permanent jobs--none, zero, nada. After health care, social services and temp services are backed out, the private sector lost 24,000 jobs. Ugh! So much for the gradual recovery.
The November jobs report blew a giant hole in the employment forecast of just about every Wall Street economist, but it may not indicate an end to improving economic news.
Despite the declaration that the “ingredients are there” for a deal between Genzyme Corp and Sanofi-Aventis but at a higher price, consensus among investors seem to be that Sanofi won’t be raising their bid of $69/share
NYU's Stern School of Business Dean Peter Henry believes the recovery will be slower in the US and other advanced economies, where discretionary spending has cooled, while emerging markets—and their newly discovered taste for fine goods—will bounce back more quickly.
US stocks dropped on the disappointing nonfarm payroll report (39,000 jobs vs. about 150,000 expected) and an increase in unemployment to 9.8 percent from 9.6 percent. Revisions for September and October were slightly higher. Perhaps most disheartening is the 0 percent growth in the average hourly earnings.
Futures sank after the government released a disappointing gain in nonfarm payroll employment in November.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Paul McCulley, a member of PIMCO’s committee of investment managers, will retire at the end of the year and will take up a role in a think tank, CNBC has learned.
Young people are not preferred by employers and are the first victims of business cycles, José Manuel Salazar, executive director at the International Labor Organization, told CNBC Friday.
In the biggest real estate deal of the year, Google signed a contract on Thursday to buy one of the largest office buildings in Manhattan for more than $1.8 billion, according to two real estate executives who have been briefed on the deal, the New York Times reports.
Bruce Rockowitz, president of Li & Fung, the world's largest supplier of goods to U.S. retailers like Wal-Mart, shares his thoughts on the lessons learned during the Asian Financial Crisis and why China should not be feared.