Patti Domm is CNBC Markets Editor, responsible for news coverage of the markets and economy. Prior to joining CNBC in 1999 as senior news editor, Domm was the equities editor for the Americas at Reuters. She was also Wall Street editor at Reuters, reporting on mergers, acquisitions and the Street. She also edited three CNBC books on personal investing. Domm serves on the board of the Financial Womens Association of New York.
Chain stores report their August sales Thursday, providing a good look at how the discouraged U.S. consumer behaved during the important back-to-school shopping period.
The Fed has "a lot of willingness to do what it takes, but not a lot of action to back it up," says one strategist. "As far as stocks go, that's enough. The economy may beg to differ."
One side effect of Isaac is likely to be a spike in gasoline prices, temporarily stinging consumers and the economy.
While economists say the fiscal cliff has already created a drag on the economy, the impact on the stock market is less certain.
The stock market has moved passed Washington's failed efforts on health care and now wants to see corporate tax reform.
Health-care stocks diverged Friday after the controversial GOP health care bill was pulled from the floor of the House.
The Trump administration's approval of the controversial TransCanada Corp pipeline means more North American crude and fuel could ultimately flow out to the world market.
Shares of Finish Line dropped Friday after the company reported earnings that missed expectations.
Patti Domm is CNBC Markets Editor, responsible for news coverage of the markets and economy.
A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.
Senior Producer - Breaking News
Dominic Chu is a markets reporter for CNBC.
Evelyn Cheng is a markets writer for CNBC.
Sara Eisen is a correspondent for CNBC, focusing on currencies and the global consumer.
Top strategists have gotten more optimistic on stocks, just as the S&P 500 has pulled back slightly from records, according to CNBC's latest Market Strategist Survey.
CNBC's Dominic Chu discusses Wall Street's S&P 500 targets for 2017.
CNBC's Market Strategist Survey found that Wall Street expects the S&P 500 to rise slightly in 2017.