Traders saw the surprise gain in February jobs as a sign of a stronger economy, and a signal that interest rates could continue to move higher.» Read More
At least one of the 19 financial institutions that received a government stress test would require additional capital, based on the initial findings, according to a source.
Investors with a short time horizon and low tolerance for risk may want to avoid the group, but the patient and the bold may well be rewarded over time.
You've heard all the gloom and doom. Now here's some good news: the economic recovery could happen much sooner—and be much stronger—than anyone thought possible.
There’s little dispute that allowing flexibility in valuing toxic assets will be good for the banking industry. The big question is whether it's good for anyone else—including the US government.
When it comes to job losses, March will be the cruelest month. “It almost can’t get any worse,” says one economist.
When it comes to job losses, March will be the cruelest month, while April may be the beginning of the end. “It almost can’t get any worse,” says one economist.
The Fed's efforts to push down mortgage rates have raised expectations about a housing recovery, but it may take months to have any impact—and the results may not all be positive.
House Financial Services Chairman Barney Frank (D-Mass.) says the drastic steps the Obama administration is taking in dealing with the nation's struggling automakers further underscores the need for the government to have so-called resolution authority to take over and unwind the businesses of big non-bank companies.
Great debate on last night's Kudlow Report with our investment all-stars. Joining me were BlackRock's Bob Doll; Strategas's Jason Trennert; and Jim LaCamp from RBC Wealth Management.
The complex plan to deal with toxic assets may have answered Wall Street’s questions about shoring up balance sheets but it's raising concerns about funding and oversight.
It says a lot about the intersection of politics and entertainment that President Barack Obama will pitch his economic recovery plan on "The Tonight Show with Jay Leno" tonight. Obama has broken a number of barriers, and now he'll be the first sitting president to make this kind of appearance on late night TV.
There’s growing concern in some circles that the President’s economic policies are confusing massive stimulus with Big Government and will thus deliver a muted recovery in the next year.
The Obama administration's plan to purchase toxic assets from the banks in a public/private partnership could be made public as soon as this week, according to senior administration officials.
The Obama administration’s hope-and-change show hasn’t played well on Wall Street, but in the last week investors may finally be getting some of what they want and that could bring a happier ending than anyone imagined.
Even as the economy sheds jobs at an alarming rate, there are early signs consumers are getting over the shock of recession and opening their wallets again. "There's pent up demand," says one economist. "Whether it is long lasting is another story.”
For all the US intervention into business and markets, there’s one thing it still can’t do to stop the bleeding in the financial system.
If jobs weren’t enough to worry about in this recession, for many Americans there’s the added pressure of being able to afford retirement. The relentless decline in stock and home prices is destroying household wealth big time.
The Dow ended below 8,000 for the first time in two months as bank stocks took a beating over profit worries.
If Obama can save the U.S. banking industry, then these are the stocks to buy.
Share your opinion. Take our poll.
Introducing Morning Squawk: CNBC's before the bell news roundup
Sign up to receive Morning Squawk in your inbox each weekday › Sample