WASHINGTON— President Barack Obama's budget will propose an ambitious six-year, $478 billion public works program of highway, bridge and transit upgrades, half of it financed with a one-time mandatory tax on profits that U.S. companies have amassed overseas, White House officials said. The proposal, one of the main components of the $4 trillion spending plan...» Read More
Two-thirds of the country lives in large metropolitan areas, home to the nation’s worst traffic jams and some of its oldest roads and bridges. But cities and their surrounding regions are getting far less than two-thirds of federal transportation stimulus money.
French workers normally take off much of the summer, but this month, there is something of a revolution going on here at this former royal chateau roughly 30 miles southeast of Paris. The throngs of tourists will be jostling alongside stonemasons, restoration experts and other artisans paid by the French government’s $37 billion economic stimulus program, the New York Times reported.
Global stocks began second half of 2009 in positive territory on Wednesday after a successful previous quarter. Wall Street logged its best quarter in a decade in the second quarter. Experts tell CNBC how to invest in the new quarter.
The MSCI world equity index looked set on Tuesday for its best quarterly gain since its 1988 launch and oil was on course for its strongest quarter since 1990. But with analysts predicting a correction, experts tell CNBC the dollar is still a safe haven, but that Chinese stocks are getting too pricey.
President Barack Obama promised Monday to deliver more than 600,000 jobs through his $787 billion stimulus plan this summer, with federal agencies pumping billions into public works projects, schools and summer youth programs.
Managing directors Jim Awad of Zephyr Management and Phil Dow of RBC Wealth Management shared the best places for investors to put their money.
Find out why. Plus, Cramer updates his call on Research in Motion.
Peter Kenny, managing director at Knight Equities and Paul Hickey, co-founder of Bespoke Investment Group weighed in on the best places to invest now.
David Lutz, managing director at Stifel Nicolaus and Jim Iuorio, director at TJM Institutional Services weighed in on the best places to invest — that many investors may have overlooked.
Peter Kenny of Knight Equities and Peter Costa of Empire Executions weighed in on the best places to invest now.
Analysts David Lutz of Stifel Nicolaus Capital Markets and Peter Kenny of Knight Equities shared their best recovery trade strategies.
In recessions investors tend to return to safe havens like government bonds, the US dollar, gold and consumer staple and drug stocks and cash flows out of what are considered more discretionary sectors.
Gold was on the rise Thursday as investors climb back into safe haven stocks amid the economic uncertainty. Experts tell CNBC the precious metal may retest $1,000.
Global stocks were down Wednesday, weighed down by grim economic data and tech results from Infosys and ASML. Experts tell CNBC they see long-term potential in commodities and agriculture stocks, but not much in airline stocks.
Banks soared in global markets Tuesday after Goldman Sachs reported a strong first-quarter profit. But investors remained cautious on concerns over the fate of General Motors and the impact the economic slowdown has had on companies.
Global stocks were up Thursday, ahead of the long Easter weekend, with banks and commodities leading the gains. Experts tell CNBC that while caution should reign when investing in banking stocks, commodities have potential over the long term.
Global stocks were down Wednesday, after poor results from U.S. aluminum producer Alcoa dragged Wall Street lower and sparked fears of a disappointing earnings season. Experts tell CNBC they see value in banks in China and Singapore, but stress caution when approaching markets.
Global stocks were mixed Tuesday with the banks dragging the most after noted analysts Meredith Whitney and Mike Mayo warned on the sector ahead of U.S. earnings season. Experts tell CNBC that more pain is ahead for financials and as a result, investors should avoid them.
Global stocks started the week in positive territory Monday, with banks and oils leading the gain, as investors became more reassured that the global economic slowdown has bottomed. Experts tell CNBC how to make money at this time.
Global stocks slipped Friday as the positive sentiment stemming from the G20 summit's coordinated action and united front diminished and was replaced by caution ahead of the U.S. nonfarm payrolls report.