The Federal Reserve acted Tuesday, cutting the fed funds rate and the discount rate by a half-percentage point each. Oil jumped to a new high as the news was announced and immediately afterwards, stocks rallied in the strongest reaction to a Fed move since 2001. With the Fed funds rate now at 4.75 percent and the discount rate at 5.25 percent, where will the market go? CNBC's experts weighed in.
Federal Reserve policymakers are meeting today in one of the most closely watched central bank conferences in years. The Fed is slated to release its rate-cut decision at 2:15pm ET. CNBC asked the experts what they expect the Fed to do -- and what impact it will have on the economy and markets.
Intel shares slipped Friday, after a Merrill Lynch analyst downgraded the chipmaker's stock to neutral from buy.
CNBC talks to the the experts about what investors should do in this market.
On Friday, the Federal Reserve announced that it had approved a 50 basis-point cut in the discount rate it charges for loans made directly to banks, via its regional Federal Reserve lenders . Was the discount-rate cut merely in reaction to a temporary credit crunch -- or a sobering signal that Fed Chairman Ben Bernanke perceives deeper troubles in the U.S. financial sector? CNBC's Market Task Force and expert guests took on the question -- and offered survival advice to investors.
From commodities and construction materials to interest rates and mortgage lenders, the state of real estate is at the forefront of most business and financial debates. But some say opportunities still exist -- if you know where to look. CNBC's crack team of reporters dug into the real estate market from every angle. Here is a sampling of what they found.
Kohl's posted higher second-quarter profit on Thursday, helped by strong back-to-school sales. The retailer reported earnings of $269.2 million, or 83 cents per share, for the three months ended Aug. 4, compared with $232.4 million, or 69 cents per share, in the year-ago period.
Video game publisher Take-Two Interactive Software received a "Wells" notice last week from the U.S. Securities and Exchange Commission's division of enforcement, in connection with a previously disclosed investigation into Take-Two's historical stock-option practices.
Bill Gates, billionaire chairman and co-founder of Microsoft, disclosed Tuesday that his foundation holds stakes in McDonald's, wireless tower operator Crown Castle International and Progressive, the third-largest U.S. auto insurer.
Activity in the options market may be signaling another major selloff in financial shares. Implied volatility, a component of how options are priced, rises as market makers anticipate greater swings in the actual shares tied to a put or a call. For names caught up in the recent market turmoil implied volatility has skyrocketed.
Financial stocks staged a mild recovery on Monday, but the rebound didn't encourage options speculators to make bullish bets on the sector.
Retailer Home Depot said Thursday that it was in discussions to restructure terms of its previously announced deal to sell its supply unit, and also said it was lowering the price range for a tender offer under which it is buying back stock.
Market factoid nightmare: Not to minimize the effects of extreme market volatility for investors, but Wall Street’s wild ride in recent weeks has also taken its toll on keepers of market factoids, like those of us toiling at the Breaking News desk. We routinely write market factoids for use as dekos, or onscreen data boxes, and we just as routinely monitor them for possible outdating. That part of the job is usually not that difficult. Usually...
Options speculators are hoping for a Coke and a big smile in the call options that are being accumulated today.
The huge market swings yesterday--including a 200 point rebound in the Dow during the last half hour--may have had some traders chugging Maalox. But others thrive on the roller-coaster ride. Don't look for the big ups and downs to stop anytime soon.
Speculators in homebuilder stock options had a volatile day as they chased rumors that Beazer Homes was about to file for bankruptcy, only to hear the company deny the rumors.As one trader said: "It's a chiropractors' market as we whip up and down".
The options market is indicating a soured hedge fund strategy likely magnified losses in the small cap Russell 2000 index and its iShares counterpart, known as the IWM. The Russell slumped 7% last week compared with slides on the order of a little more than 4% for the Dow Jones Industrial average and the Nasdaq Composite.
Volatility is the life blood of the options markets, and investors have been getting plenty of it amid the implosion of the housing market and worries about tightening credit.
A federal judge on Friday sentenced former Qwest Communications chief executive Joe Nacchio to six years in prison for his insider trading conviction.
Chinese Web search company Baidu.com on Wednesday said its quarterly net profit grew 143 percent, reflecting market share gains in the world's second-largest Internet market. Its shares rose 22 percent.