The sales pace is back to what it was in 2005 and 2006, but the circumstances are of course very different. Now it's about stiff competition for limited supply.» Read More
Deutsche Bank's Joe Lavorgnia anticipates broad "collateral financial damage" once interest rates eventually edge higher. And Art Hogan of Lazard Capital Markets sees the Fed trimming back on quantitative easing in 2013. Both appeared on CNBC's "Squawk on the Street" on Friday.
The pullback in activity in China's key manufacturing sector highlights the fragility of the recovery in the world's second largest economy, experts told CNBC, following the release of the official manufacturing PMI.
Relying on the wealthiest taxpayers can turn into budget turmoil when the market slides, according to analysts.
The end of the Bush era tax cut on dividends pushed companies to send shareholders more cash before the New Year.
The pace of business activity in the U.S. Midwest picked up from a more than three-year low the month before as new orders jumped, a report showed on Thursday.
Latest GDP figures should neither be cause for alarm nor cause for celebration says this pro.
Negative economic growth in the fourth quarter provided a scary headline to start Wednesday's trading but probably little else in market impact.
The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus.
After the economy posted an unexpected drop in fourth quarter GDP, CNBC's Jim Cramer called it a "shocker" but also a "one-off number."
U.S. consumer confidence dropped to its lowest level in more than a year as Americans were more pessimistic about the economic outlook and their financial prospects, according to a private sector report released on Tuesday.
The private sector created 192,000 new jobs in January, better than expectations and reflective of the slowly improving trend in the labor market.
The cast of voting members on the Fed's policy committee is changing, but Ben Bernanke will likely retain a solid majority for his drive to keep interest rates low well into the future despite critics who worry about the risks.
Applications for U.S. home mortgages tumbled last week after three consecutive weeks of gains, with refinance demand slumping as interest rates rose, an industry group said on Wednesday.
At the Detroit Auto Show earlier this month, luxury was in the air. Pricey new Bentleys and Maseratis glittered - including a Maserati 2014 Quattroporte with a $132,000 price tag; U.S. Cabinet Secretaries and dignitaries rubbed shoulders; and many of the well-heeled attendees ponied up for a $300-a-ticket black-tie charity ball.
This academic says weak conditions abroad and flagging U.S. competitiveness caused exports to contract and businesses anticipating a further slowdown slashed inventories.
With record unemployment figures, a fractious political scene, years of declining retail sales and Wednesday's depressing growth data, Spain appears to be sinking. Yet an improvement in risk appetite and falling borrowing costs continue to prop up the economy.
The new CNBC Fed Survey shows Wall Street pros want to send Washington an unambiguous message to reduce the red ink now, without more revenue increases.
CNBC Fed Survey shows Wall Street pros divided on how and when quantitative easing will end.
U.S. single-family home prices rose in November, building on a string of gains that points to a housing market that is on the mend, data from a closely watched survey showed on Tuesday.
Our survey reveals that expectations about when the Fed will end asset purchases have moved toward sooner.