G7 and BOJ made no progress on yen's ascent. That may force it, and other central banks, to resort to 'helicopter money,' option, says Scott Minerd. » Read More
The Treasury will hold its latest auction for 3-Yr notes this morning, 10-Yr notes tomorrow and the long bond on Thursday. Traders are watching to see whether demand will continue to fall in anticipation of Fed tightening in the months ahead.
Futures showed a relatively flat open for Wall Street on Tuesday as the dollar's rally, fueled by last week’s better than expected jobs report, fizzled out and some investors went back into stocks.
Stocks ended flat Monday as a late rally fizzled after the Supreme Court issued a stay, temporarily halting the sale of Chrysler to Fiat.
For most Americans, the tick up in the rate on the 30-year-fixed from just under 5 percent to around 5.5 to 5.75 percent doesn’t mean much, other than yet another bump on the road to potentially buying a home.
Stocks opened lower Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Fed may raise rates at its next meaeting.
As the president’s advisers have struggled with the economic crisis, Lawrence H. Summers is often at the center of heated debates.
Stocks opened lower Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Fed may raise rates at its next meeting.
Futures pointed to a lower open for Wall Street Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Federal Reserve may raise rates at its next meeting.
Investors are reeling from the latest investment bubble to burst — long-term Treasury bonds. With mutual fund managers and investors absorbing losses of more than 15% on supposedly safe assets, this highlights the perils in fear-based investing.
The stock market's rally could face a critical test in the coming week as the "recovery trade" plays out across financial markets.
Yesterday and today, we have members of the Federal Reserve hitting the airwaves with consistent warnings over the US fiscal state.
The Federal Deposit Insurance Corporation indefinitely postponed a central element of the Obama administration’s bank rescue plan on Wednesday, acknowledging that it could not persuade enough banks to sell off their bad assets.
Plus, Cramer makes the call on steels, coal and more.
I do like to kid Treasury Secretary Geithner, but in reality I think he has done a credible job under very difficult circumstances.
As General Motors prepares to celebrate its 100th anniversary and faces possible bankruptcy, here are some key events in the giant automaker's history:
President Obama couldn't let General Motors fail, but he won't concede he's taking over the company.
There is a tidal wave of government bonds coming to market the next few years. Estimates are for $2 trillion a year for at least the next two years. So on the one side of the pit over which a good tug of war is waged is the Treasury offering a ton of bonds for sale. On the other side is the Federal Reserve offering to buy $300 billion of that debt in the hope that it will keep interest rates down. Doesn't sound like a fair fight.
The trend for stocks is higher, yet gains in June may be harder to come by unless economic data perks up.
Stocks capped a winning month with a 1-percent rally Friday as traders squeezed in a few last-minute trades to close out the month of May. Investors were encouraged by a jump in consumer sentiment and less-bad GDP report. Oil stocks benefited from the rise in oil prices. Dell ended higher after beating its earnings target. GM ended at 75 cents a share.
Get ready folks: America is about to own a car company. As of Monday, we the taxpayers will own more than 70 percent of GM. Whether the company will be formally renamed Government Motors remains to be seen. But that’s what it will be.