Economic Measures Inflation

  • Warren Buffett, in a taped interview with Susie Gharib of National Business Report on PBS

    Warren Buffett sat down recently for a taped interview with Susie Gharib of Nightly Business Report to mark the PBS program's 30th anniverary tonight.  In the conversation, Buffett hints Berkshire Hathaway might buy back some of its stock since it has fallen so sharply from its highs.  He also says the credit crunch is easing but business conditions are getting worse.  This is a transcript of that entire interview, as provided to us by NBR.

  • Warren Buffett says the credit crunch has eased in the last month, but business has "really slowed down" as fearful U.S. consumers cut back on spending.  In an interview to air tonight on PBS, Buffett tells Nightly Business Report that the recession won't be ending anytime soon.  He also answers questions about Bernard Madoff and the idea of buying back Berkshire Hathaway's stock.

  • The yen rose toward a 13-1/2 year high against the dollar and a seven-year peak versus the euro on Thursday. While the sterling fell again against the greenback, nearing $1.3618, its lowest since September 1985.

  • Global stocks were down again Wednesday on continued signs of trouble in the financial sector. Experts tell CNBC that there is more bad news to come.

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    Barack Obama will become the 44th President of the United States on Tuesday. Ahead of Obama's inauguration, global stocks were mixed on investors' concerns about the economic difficulties confronting the incoming president. Experts on CNBC expect the dollar and U.S. stock market to fall on Obama's induction.

  • Today’s consumer price index dropped for the fifth consecutive month. This is part of the unwinding of the great oil shock that was an important, if overlooked, factor in the current economic downturn.

  • The Consumer Price Index fell another 0.7% after having its biggest one month drop ever last November.  The core rate, excluding energy and food, remained unchanged.  Here is a breakdown of the inflation benchmark to show you where costs are falling most.

  • Global stocks were up Thursday after the U.S. said it would support Bank of America's purchase of Merrill Lynch with a $20 billion investment by the government and a promise to protect against losses on bad loans, removing a risk for investors. Experts highlight four perils that will dominate 2009.

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    What a difference three months doesn't make. Though the current financial situation isn't  as dire as late September, Happy New Year has quickly turned into deja vu.

  • The European Central Bank is widely expected to cut interest rates by 50 basis points Thursday, to a record low of 2 percent. But how low will the central bank go? Experts tell CNBC euro-zone rates could bottom at 0.5 percent.

  • Charles Plosser

    The president of the Federal Reserve Bank of Philadelphia expects the economy to slowly start recovering in the second half of 2009 and inflation to remain below 2 percent over the next year.

  • A day ahead of the European Central Bank's rate decision, more dismal data showed the euro zone needs monetary easing. But experts tell CNBC that central banks' interest-rate cuts have little impact on the economy in the current financial turmoil.

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    In radically reshaping the TARP, Congressional Democrats want assurances from Obama that he shares their new focus before signing off on new funding.

  • The euro remained under pressure Tuesday despite the German government approving a second stimulus package worth $64 billion to help Europe's largest economy.

  • The euro fell against the dollar and the yen Monday ahead of the European Central Bank's interest-rate decision on Thursday. Experts tell CNBC that the single euro-zone currency will experience headwinds this year.

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    With a busy calendar next week, the traders reveal all you need to know about Alcoa earnings, CPI data, Genetech numbers, Yahoo! and more

  • U.S. employers slashed payrolls by 524,000 in December, driving the unemployment rate to its highest level in almost 16 years,  suggesting that the year-long recession was deepening.

  • Lowering housing inventory is key to solving the ailing real estate market and broader economy, said David Rosenberg, Merrill Lynch chief North American economist.

  • Barack Obama

    Though most economists agree that bigger is better at this point, they also say size and complexity of the stimulus package could slow its passage at a time when the economy needs a quick-fix.

  • A government stimulus must ensure that financial institutions are recapitalized and remain “healthy,” said Frederic Mishkin, former Federal Reserve Board governor and Columbia University economics professor.