A CNBC reporter since 1990, Bob Pisani has reported on Wall Street and the stock market from the floor of the New York Stock Exchange for more than a decade. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before moving to the New York Stock Exchange in 1997.
He was nominated twice for a "CableACE Award"—in 1993 and 1995.
In 2013, he won Third Place in the National Headliner Awards in the Business and Consumer Reporting category for his documentary on the diamond business, "The Diamond Rush."
In 2014, Bob was honored with a Recognition Award from the Market Technicians Association for "steadfast efforts to integrate technical analysis into financial decision making, journalism and reporting."
Prior to joining CNBC, Pisani co-authored "Investing in Land: How to Be a Successful Developer." He and his father taught a course in real estate development at the Wharton School of Business at the University of Pennsylvania from 1987-1992. Pisani learned the real estate business from his father, Ralph Pisani, a retired real estate developer.
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If the standard pattern of the last few weeks hold, we are due for a modest rally. But the conviction is not high. Mr. Paulson's speech did advance our understanding of the TARP plan and made it clear what his priorities would be for the remaining two months of the Bush administration:
Regulators tell banks: do what we say, or else. If there is any doubt that the federal government has taken over (nationalized, socialized) the nation's banking system, consider these headlines from a joint statement this morning from the FDIC, the Fed, and the Treasury.
Stocks rallied (though they are now off their highs), largely on the Fannie Mae announcement on mortgage forbearance. Though it was leaked a few hours ago, it was only known that an announcement would be made today shortly before the 2 PM conference.
He did talk about an extension of unemployment benefits, and that a fiscal stimulus plan that will jumpstart economic growth "is long overdue."
The S&P 500 should deliver a double-digit return in 2014, fund manager Ed Keon told CNBC.
Square has been in talks with several rivals for a possible sale as the mobile payments startup looks to stem widening losses and dwindling cash.
Barclays, one of the world's biggest commodities traders, is planning to exit large parts of its metals, agricultural and energy business in a move expected to be announced this week.