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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Approaching the close, the Dow has cut its losses almost in half...the five financial-oriented stocks in the Dow (B of A, Travelers, JP Morgan, AmEx, and our parent General Electric) are responsible for a negative 40 points in the Dow; but with the exception of some weakness in energy (Chevron, ExxonMobil), most other sectors are flat to down 1 percent.
Mixed morning as the Fed begins its two-day policy meeting. Traders are sounding a bit more pessimistic this morning, noting that the put/call ratio is at .70 (7 puts for every 10 calls), a sign that traders are very bullish. Traders believe these indicators, when they are at the higher end of their ranges, often indicate at least a short-term market top.
Freddie Mac up nearly 100 percent after reporting its first quarterly profit in nearly two years (excluding the dividend payment to the government). A change in accounting rules, lower funding costs, lower provisions for credit losses, and gains on the company's derivative portfolio were all factors.
What are the hot exchange trade fund investments for 2015? Here's what's got investment advisers talking at the annual Inside ETFs conference in Florida.
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What happens when the ECB gets aggressive?
As central banks move to weaken their currencies, Treasury Secretary Jack Lew tells CNBC a stronger dollar is good for everyone.
Daunte Culpepper, the former Viking standout QB, spent a lot more time worrying about Xs and Os than he did PSI.
The bond market and commodity prices used to be the best economic gauges. But can you still trust them?