The dollar edged up against the yen on Tuesday after a Japanese minister clarified earlier remarks about the yen's weakness that had toppled the greenback from a 4-1/2-year high.» Read More
Spanish traffic cops angry over a pay cut and other slights are slapping wrists rather than writing tickets.
What the Fed will say in its Tuesday statement is at the heart of a debate among Wall Street's deeply-divided economists over what steps, if any, the central bank will take.
Find out why the Mad Money host called this stock a "clear buy."
With chatter suggesting that BlackBerry has avoided a ban in Saudi Arabia and potentially other Mideast nations, is the stock oversold?
The mid-summer rally is over and stocks will begin a downward leg before bottoming in October, as the world economy is in what looks like a Great Depression, Robin Griffiths, a technical strategist at Cazenove Capital, told CNBC Monday.
Get out of the G7 bond market excluding Canada ahead of next Tuesday's Federal Reserve meeting, Marc Ostwald, a strategist at Monument Securities, said.
Markets are bracing for a not-so-good July jobs report, which should show a continued sluggish recovery in private sector payrolls.
Only a few weeks ago, the dollar was powering towards its highest levels in four years, the beneficiary of widespread gloom about Europe’s debt crisis and rising optimism about the US recovery. Since then, investors have soured on the world’s largest economy. The FT reports.
The chief executives of two of the word's biggest gold producers said the fundamentals driving the price of bullion remain strong.
As the market speculates on whether the Federal Reserve will ease monetary policy at its meeting on Aug. 10, one analyst is predicting more losses for the dollar.
The American consumer is a major theme Thursday, as chain stores report their monthly sales.
The next few weeks could be critical for the US dollar, which has fallen lately after rallying earlier in the year. At stake could be not merely the currency trade but the direction of stocks and the stumbling economic recovery.
A report on the health of the service sector, and ADP's private sector jobs report are of big interest to markets that are already counting down to Friday's July employment report.
Since its June lows, the Euro ETF has climbed about 11% with the euro now sitting comfortably at 1.32 against the dollar.
For weeks, the money market correctly signaled a reduction in worry about the global banking system, continuing to act more like a liquidity market than a credit market ahead of the release of Europe's stress test results a week ago Friday and in its aftermath. If there's one place worries about banks will show up it is in the money market, where inter-bank rates are set.
The governor of the Hungarian Central Bank has it worse than most. Not only has the new government placed the blame on him, among others, for Hungary's stagnant economy, it has slashed his salary by 75 percent. The NYT reports.
The July rise in wheat prices, the fastest in 51 years, indicates that shortages in agriculture are coming, Jim Rogers, chairman of Rogers Holdings, told CNBC.com Tuesday.
The monthly sales reports will be issued by car makers throughout the day and are expected to show an annualized selling rate of 11.4 million vehicles, up from 11.1 million last month.
The market does not like unpredictability, and we are headed into August with more questions than answers. That weighs on confidence. And that could make the next couple months much more difficult than July.
We think there are meaningful differences between the US today and Japan during the '90s. High on our list is the difference in wages. A straight forward construct of inflation reveals employee earnings are a primary driver. During the early part of the 1990s wages in Japan were averaging around 2.0%.