Employment Cost Index barely rises in Q2. NEW YORK, July 31- U.S. The Employment Cost Index, the broadest measure of labor costs, rose 0.2 percent, marking the smallest increase in the index's 33- year history, the U.S. Labor Department reported.» Read More
The most depressing thing about the supercommittee is its goals: budget cuts.
Investors are behaving irrationally because they’re being driven by irrational fiscal and monetary policy, banking analyst Dick Bove said, repeating his call to stay away from stocks until the dust settles.
CNBC's Rick Santelli has the update on bond yields.
“Clearly we are in a selling climax,” says one CEO. "The biggest mistake you can make is to jump into any one asset because it is in favor. What you need is to be diversified."
One strategist is warning investors not to increase exposure to stocks until the “real selling capitulation takes place" and gold and Swiss Franc begin to decline.
Brad Jones, Asia Investment Strategist at Deutsche Bank, and Richard Jerram, Chief Economist at Bank of Singapore discuss investment opportunities amid the current environment.
A look at the headline making events moving today's markets, with Dan Haugh, PTI Securities & Futures LP; Jonathan Corpina, Meridian Equity Partners, and Lou Grasso, Millennium Futures.
CNBC's Rick Santelli and Meredith Whitney, Meredith Whitney Advisory Group, debate over munis, in a heated exchange.
The slump in stock markets this week offers investors an opportunity to make money on good companies dragged down by negative sentiment, an analyst told CNBC on Wednesday.
Goldman Sachs on Wednesday reviewed its position on further monetary stimulus, saying that further quantitative easing had a greater than ever chance of being implemented in the United States.
The US Federal Reserve managed to spark a stock rally on Tuesday, but some economists are now left wondering if it will take tax cuts to inject real life into the broader US economy.
Banks are charging more to store gold after a surge in demand for precious metals has left London, the centre of the global bullion market, short of vault space, reported the FT.
After Monday’s gut wrenching 635 point fall, the Dow Jones index surged an impressive 430 points on Tuesday. In the process, investors experienced a wild 640 point intra-day roller coaster! Gold prices set another record while Treasury yields fell sharply, with the 2-year closing at an eye popping 0.2% and the 5-year at an equally stunning 1.0 percent.
Investors are hungry for good news from today's FOMC meeting. Here's what Ben Bernanke can — and can't — deliver.
The Dow fell by 635 points, Asia followed suit and Europe is expecting losses for up to 6 percent following the downgrade of US debt by ratings agency Standard & Poor’s. Whether the move by S&P can be wholly blamed for the heavy selling of stocks is open to question, but the market is now asking how the Fed will react when it meets today to discuss its response at its monthly meeting.
Following huge losses for the Dow on Monday and further selling in Asia overnight, the markets are watching what the Fed and Ben Bernanke will do at their July Meeting today. Speculation is mounting that the Fed will attempt to restore calm but one fund manager thinks that policy action is unnecessary.
Marc Faber, who predicted just last week that a bear market was on its way back, says the current selloff in equities is overdone and he expects a short-term rebound.
Defending the credit agency's decision to downgrade U.S. debt, with Deven Sharma, Standard & Poor's president.
The flight to quality is still the U.S. Treasury, with Jeff Carter, PointsandFigures.com.
S&P is worried about "what you're going to get in terms of the payback is going to worth a lot less, Gundlach said. "But that is not their job."