Even with spotty economic data, the unofficial odds are rising that the Fed will announce plans at its December meeting to taper its bond-buying.» Read More
The catastrophic crash of an oil-laden freight train in a small Quebec town will bring more scrutiny to the railroad industry and may boost the case for pipeline development.
While concerns about Egypt are being touted as part of the reason for oil's resilience in the face of dollar strength, there's more going on.
With markets rallying toward a four-day winning streak, Anastasi Amoroso, JPMorgan Funds; James Lowell, Advisor Investments; Burt White, LPL Financial; and CNBC's Rick Santelli, discuss if positive momentum can keep the markets in the green.
July 9- As Supreme Court Justice Potter Stewart once said of pornography, we may not be able to fully define the proposed new British offense of "reckless banking" but I suppose we will know it when we see it.
NEW YORK, July 9- The U.S. dollar rallied to three-year highs against major currencies on Tuesday, extending a bullish run on expectations the Federal Reserve will reduce stimulus at a time when other major central banks are likely to ease further.
"A three percent minimum supplementary leverage ratio would not have appreciably mitigated the growth in leverage... in the years preceding the recent crisis," said Martin Gruenberg, who heads the Federal Deposit Insurance Corp, a regulator that guarantees U.S. bank deposits.
CNBC's Bob Pisani and Art Cashin, of UBS, discuss the situation in Europe and its impact on the U.S. A lot of what's going on today could be new money for the new month, which was delayed due to the July 4th holiday.
Stock market superstar Mario Gabelli explains why he is taking a look at Davide Campari-Milano.
Mario Gabelli, Gabelli Funds CEO, provides his play on the banking sector, including trades Legg Mason, PNC and M&T Bank.
Short-term takeover targets have some "potholes," says Mario Gabelli of the Gabelli Funds, providing his play on Hillshire Farm, Post and Navistar. And a technical look at what the charts are indicating about the markets, with Stephen Suttmeier, Bank of America.
Fast Money traders Joe Terranova and Simon Baker debate the bear versus bull case on IBM's downgrade.
The FMHR crew reveals their top trades on Barnes & Noble, Tesla and Dell. And Gabelli Funds CEO Mario Gabelli, explains why he owns News Corp., Viacom, and shares his views on Netflix. Also Herb Greenberg has the update on Intuitive Surgical's nearly 20-percent slide today.
Mario Gabelli, Gabelli Funds chairman & CEO, explains why "the bargains" now are in U.S. stocks but will move to emerging markets in the future. Also, Gabelli provides his top plays in housing, fracking and commercial aviation.
LONDON, July 9- Benchmark German government bonds rose on Tuesday after European Central Bank policymaker Joerg Asmussen indicated the bank would keep interest rates low for more than a year. The ECB outlook also helped secure investor demand at a Spanish sale of 3.5 billion euros worth of 15- year bonds, the longest dated paper it has issued in over two years.
WASHINGTON, July 9- U.S. regulators on Tuesday launched a plan to force the country's largest banks to hold twice as much equity capital as required globally and protect taxpayers against any future costly bailouts.
*Sterling hits three-year low vs dollar after weak UK data. NEW YORK, July 9- The U.S. dollar hit a three-year high against a basket of currencies on Tuesday, with investors increasingly convinced the Federal Reserve is leaning toward reducing stimulus at a time when other major central banks could opt to further ease monetary policy.
WASHINGTON, July 9- The Federal Deposit Insurance Corp on Tuesday adopted a rule to boost the leverage ratio for the country's eight largest banks to 6 percent, twice the level required by international bank capital standards.
If you find yourself spending a lot of time recently obsessing over how much money has flowed in and out of the financial markets, you might want to find a hobby.
CNBC's Rick Santelli explains how investors will test the mettle of central planners and central bankers.
Because of the government's accounting chicanery, wealthy hedge funds may deserve a cut of the profits of Fannie Mae and Freddie Mac.