As the Federal Reserve prepares to withdraw its quantitative easing measures, the path to higher interest rates is unlikely to be smooth.» Read More
The two men worked out how the computerized system would react to certain trading patterns – allowing them to influence the price of low-volume stocks. The FT reports.
Expectations of a second round of asset-buying, or quantitative easing, implemented by the Federal Reserve are nothing but good news for the stock market, Simon Maughan, co-head of European equities at MF Global, told CNBC.
The US government should stimulate investment in order to ensure solid and sustainable economic growth, not cut taxes, Nobel Prize-winning economist Joseph Stiglitz told CNBC Wednesday.
The four largest health insurance companies in the US denied coverage to more than half a million individuals because of their pre-existing conditions from 2007 to 2009, according to a congressional investigation.
A combination of better data than expected, China’s pledge to buy the country’s bonds and hopes that international bail-out loans will be extended have boosted investor sentiment. The Financial Times reports.
The financial crisis has left behind a "slow disease" that is eating into financial markets, and this is obvious in stock prices and currencies, but less so in bonds for the moment, Mohamed El-Erian, CEO and co-chief investment officer of Pimco, told CNBC Tuesday.
When Russia’s largest internet group, Mail.ru, announced investors would have an opportunity to take an indirect stake in the social networking site, it begged the following question:
Ireland has opened the door to a renegotiation with senior bondholders of its two nationalized banks despite previously opposing any such move. The FT reports.
Regulators are struggling to create a global mechanism that could wind down a big financial institution without the disruption caused by Lehman Brothers’ collapse in 2008, reports the Financial Times.
Big US cities could be squeezed by unfunded public pensions as they and counties face a $574 billion funding gap, a study to be released on Tuesday shows. The Financial Times reports.
The internet giant is using its vast database of web shopping data to construct the ‘Google Price Index’ – a daily measure of inflation. The Financial Times reports.
In my recent discussion on the prospect of the Australian dollar reaching parity with the U.S. dollar, I indicated that I will go short on the Aussie when, and if, I receive a "parity invite". Well, the invitation has arrived. Am I sticking to my guns, or will I attend as a reluctant guest?
A small rise in inflation may trigger a correction for the bond market, as too many investors have piled in, Roman Scott, managing director at Calamander Capital, told CNBC Monday.
This year’s rescue plans for Greece and the euro zone were driven partly by rising US anxiety about the risks to global financial stability stemming from Europe’s slowness to take action. The FT reports.
Investors in euro zone bond markets stand accused of letting “animal spirits” affect their judgment on the risk of a European debt default. The FT reports.
Economic growth is precarious, unemployment is painfully high, debt levels are staggering and the stock market isn’t all that cheap.
As a scandal unfolds over shoddy preparation of foreclosure documents, the fallout is beginning to hammer the housing market, especially in states like Florida, the NY Times reports.
abstract goes here
The euro will keep rising and will likely end the year at up to $1.50, as the European Central Bank pursues a highly deflationary policy, despite buying euro-denominated bonds, economist Warren Mosler, founder and principal of broker/dealer AVM, told CNBC.com.