Erin Burnett has been travelling the globe in search of the market movers of tomorrow. So far she has been to Dubai in the United Arab Emirates and Mumbai, India. Today, she is in London. Like last week's comparison of the UAE and India, here are some stats comparing the UK and the US.
Stocks are up today after billionaire investor Warren Buffett offered a reinsurance plan to troubled bond insurers. However, the Sage of Omaha cannot single-handedly erase investor caution. To help investors navigate this volatile market, CNBC asked the experts where investors should place their bets.
"This tsunami of financial problems that we've had really...has another wave to it." The words are those of Andy Bischel, chief investment officer of SKBA Capital Management. You might get the impression there's no financial stock he'd be willing to get involved in. You would be wrong. The CIO offered CNBC his picks.
Major U.S. indexes have broken key technical support levels, leaving the stock market vulnerable to further declines and the turbulence could get worse, according to chart watchers.
Forget rate cuts and stimulus packages. In Wall Street's eyes, the recession is already here and the credit crunch is far from over.
Stocks closed lower after another volatile day of trading amid weak earnings from Intel and continued concern over the economy.
The board of Nordic stock exchange operator OMX on Wednesday said it unanimously recommended Borse Dubai's 32 billion kronor (3.39 billion euros; $4.99 billion) cash offer for the company.