Investors will get a little time to catch their breath after Friday's record-breaking Alibaba trading debut, but not too long.» Read More
Bernanke defends US monetary policy. [CNBC via Reuters]
Sorry we haven’t been waking up together for a few days- hope this holds you over this weekend. Don’t be jealous— it’s already the weekend in Asia…but they have to work on Monday, so bam!
Ben Bernanke spotted at the movie theaters earlier this month."True Grit" playing on the big screen.
"He seemed to really enjoy it…laughing and cheering throughout..although it was a little weird to see him doing 'normal stuff," said one eyewitness.
Last week’s Kinder Morgan public offering was a fee bonanza for Wall Street. A total of nearly $86 million was paid out to the thirteen banks involved in the offering.
The problem with controlling the flow of information is that you need to keep track of all the stories you're spinning: For the most populous nation on earth, that challenge may be Sisyphean.
Yesterday, as China reported food inflation surging over 10 percent, allegations circulated that the Chinese government had 'massaged' their aggregate inflation number by manipulating the market basket.
Stone Street Advisor’s detailed story about John Paulson’s October 2010 interview with the Financial Crisis Inquiry Commission easily qualifies as a must read.
It far surpasses any of the conventional media stories about Paulson’s testimony, taking full advantage of the fact that blogs don’t suffer from handicaps such as space limits.
SSA lets the story run long because Paulson’s testimony deserves to be studied at length.
The best of times for the economy can be the worst of times for the stock market, and that may prove especially true in a market driven by trillions of dollars in monetary stimulus.
As the market keeps surging ever higher, doubling its March 2009 lows and on a high-speed journey to infinity and beyond, the biggest game in Wall Street is trying to figure out when the bull run finally runs out of rocket fuel.
You read the headline correctly: A homeowner has begun foreclosure proceedings on a local Wells Fargo office in Pennsylvania.
This is how it happened. A Philadelphia homeowner named Patrick Rodgers, who mortgage banks with Wells Fargo, was told by Wells that he needed to take out a $1 million homeowner's policy on his house. Rodgers bristled at the demand: Because the market value of his house was far below a million bucks—he'd purchased it for $180,000 in 2002—and because the insurance policy cost $2,400. (Wells wanted the house insured for its replacement value—and the 100 year old Victorian would cost a fortune to recreate; hence, the difference in valuation.)
Here's where the stories gets fun, as Susanna Kim reported for ABC News .
CNBC's Patti Domm and Jeff Cox discuss the jobs report and the current dilemma of long-term unemployment.
CNBC's Patti Domm and Jeff Cox discuss the recent GDP numbers and what factors have been affecting it.
Investors give and investors take away, and nowhere has that been more true lately than in value stocks.
Even after the Dow and the S&P 500 closed at new all-time highs, closely followed contrarian Marc Faber keeps sounding the alarm.
Eugene Fama, the University of Chicago investing researcher, once again warned investors against the lure of active management.
Fares Noujaim, an executive vice chairman at Bank of America has left the company abruptly.