Economists shaved growth expectations for the second quarter after the June durable goods report revealed weak shipments and dampened hopes for business spending.» Read More
"Too big to fail" banks—those that are so large that failure would be disastrous for their country's economy—still exist, according to RBS.
As January comes to a close, the stock market is down about 3 percent, and it has set the tone for a much more challenging year.
Companies making headlines after the bell Thursday.
Even with a drop in government spending and a drop in housing construction, the economy still managed the best second half growth in a decade.
Goldman Sachs and hedge fund billionaire John Arnold have funded the largest ever social impact bond.
While headlines have been about emerging markets and the end of money printing, an even darker prospect lurks in the shadows: weaker profits.
Some of Thursday's midday movers:
Talking Squawk, the "Squawk Box" blog, provides tidbits, insights and sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
Thursday is the biggest earnings day of the quarter, with roughly 10 percent in the S&P 500 reporting results.
The January stock barometer has been right in 62 of the last 85 years.
It's not just Carl Icahn—options activity indicates that another big trader is interested in eBay.
While investor sentiment may be swayed by emerging markets, the value of U.S. stocks depends on American companies, Vanguard founder Jack Bogle told CNBC.
Some of the names on the move ahead of the open.
Happy Thursday. Ben Bernanke has chaired his last Federal Reserve meeting, but we at the morning six-pack carry on.
With the exception of Wall Street's biggest banks, the financial sector appears to be getting ready to add workers to payrolls.
Banks have begun selling bonds backed by foreclosed homes turned into rentals in the U.S., bringing calls for Congress to look into the deals.
Adjusting to a world with less Fed liquidity has created pain in those markets with current account deficiencies, weak currencies and inflation.
Companies in the news after Wednesday's bell.
"We thought he would be my successor ... That's not going to be the case," Pimco co-founder Bill Gross said.
The House of Representatives passed an controversial farm bill Wednesday that cuts spending by about $23 billion.
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