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
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."
Now that Standard & Poor's has done the unthinkable, you need to know who might take the next ratings hit. Here's the list, and how to trade it.
Why isn’t the price of U.S. Treasurys falling after the S&P downgrade; why are equities under pressure; and why is gold surging? Developments in Treasurys appear, at first sight, the most puzzling.
Standard & Poor's spoke loudly and clearly when it downgraded US debt, but the Treasury market on Monday didn't appear to be listening.
The downgrade that many on Wall Street was waiting for has happened and now the muni market is holding its collective breath to see who on their block will face similar fate. The political sparing matches have not slowed down and for the Sunday shows, it was a feast of pointing fingers.
Treasurys rallied on the first day of trading following the downgrade of the U.S. credit rating by Standard & Poor’s.
Insight into Europe's intractable financial problems and whether the bailout will cost Germany and France their AAA rating, with Kyle Bass.