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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The major indices rose in the last half hour as financials rallied in anticipation that some kind of relief plan would be passed this weekend in Congress. Regardless, the markets are facing three serious problems right now.
The consensus is that if nothing gets done, the market will crash. A minority note that with the consensus overwhelmingly believing that, it is unlikely to happen. Few are willing to make that bet now.
Our parent company, GEspacer, held up well despite reducing earnings estimates for the third quarter. Two pieces of good news: 1) Standard and Poor's affirmed the company's ratings, and 2) GE is making efforts to reduce leverage and diversify its funding strategy for GE Capital.
There will be a bill (it may get sealed in the White House at the meeting with the President this afternoon), but it may be so burdened with "equity protection" (read: back-door ownership) and "phase-ins" (read: we ain't giving you all the money now) that the Street will argue it will limit participation in the plan.
Now that Alibaba's record-breaking offering is out of the way, global markets are gearing up for a raft of new recruits.
Investors go bonkers for Alibaba. The stock finally opened just before noon.
No, Alibaba doesn't actually cure cancer; however, some traders say it's lifting stocks ahead of its IPO tomorrow.
What can markets expect when Alibaba starts trading?
Bank of America could see its shares climb 50 percent over the next three years, Barron's financial newspaper said on Sunday.
Protesters plan to risk arrest during an unsanctioned blockade in New York City's financial district to call attention to climate change.
Investors may find it time to adjust portfolios as they focus on Fed speakers, economic reports, and the rising U.S. dollar in the week ahead.