Initial jobless claims rises 6,000 to 401,000 for the week ending October 1, with Jim Iuorio, TJM Institutional Services, and CNBC's Rick Santelli.
People are often biased by their immediate surroundings, to the extent that it crowds out other relevant thinking. We econometricians suffer from this; we are constantly trying to counter effectively the bigger influence of more recent data on results
The UK’s central bank, the Bank of England, is expected to hold interest rates at their current level of 0.5 percent on Thursday as the global economic crisis appeared to worsen and the International Monetary Fund warned that a second global recession could not be ruled out.
"It's very conceivable that you could have this 9 percent rate for the next two, three, four years. That doesn't mean companies aren't making money," one market pro says.
Cubicle dwellers of America know they're lucky to have jobs in this tough economy but man, it's not easy! Here are the top complaints in Officeville.
Michael Lewis, acclaimed author of "Moneyball", "The Big Short", "The Blind Side", "The New, New Thing" and the iconic "Liar's Poker" is now out with his latest book, "Boomerang: Travels in the New Third World" - an illuminating look at the global financial meltdown.
Senate Democrats are rewriting portions of President Barack Obama's jobs bill to include a new 5 percent tax on income above $1 million—a proposal that is sure to be blocked by Republicans.
Private sector employment ticked up 91,000 in September, according to the latest ADP data. CNBC's Steve Liesman & Rick Santelli weigh in.
If you were looking for any investment with double-digit returns, you're out of luck, Pimco co-CIO told CNBC Tuesday. "There are no double-digit returns in any asset class" including stocks, bonds and real estate, Gross said, and won't be for the next few years.
"While leadership turnover continues to be a problem, it’s not a new problem. However, those starting new assignments in today’s economy are under even more pressure to perform – and fast," and this author has a 100-day action plan.
The underlying message of Occupy Wall Street — which spread to Boston, Chicago and Los Angeles on Monday — is something the big banks and corporate America may finally have to grapple with before it actually does become dangerous. What’s the message? The New York Times reports.
CNBC's Steve Liesman has the details on Ben Bernanke's call that recent indicators point to sluggish job growth ahead; with Joseph LaVorgna, Deutsche Bank, and John Lonski, Moody's Capital Markets Research Group.
The stronger-than-expected ISM manufacturing-index reading for September might normally suggest that the economy, at least for now, has dodged a recession bullet. But economist Michael Darda says hold the applause.
It's one tough job market out there. Here's how to use currencies to play the nonfarm payroll report.
European Central Bank member Christian Noyer said on Monday it is unrealistic to expect an increase in Europe's bailout fund beyond what was agreed in July, but that he is open to schemes that would allow leveraging to expand capacity.
Greece was expected to unveil its plan on Sunday to begin laying off state workers, the most contentious part of a reform package demanded by the EU and IMF.
Occupy Wall Street has no appointed leaders, no expiration date and still-evolving goals and demands, the New York Times reports.
President Obama and his House Republican adversaries feuded over how to best create jobs in the weakened U.S. economy Saturday, with Obama demanding Congress pass his $447 billion jobs bill and the GOP countering with a call for less government red tape.
In this guest blog, the author of "End of Progress" writes, "We have abandoned Adam Smith's sort of economics. In the technology and many other sectors, companies have generated huge profits because of a lack of competition. In the finance sector, profits have been excessive because of a lack of regulation."
Former Morgan Stanley chief U.S. investment strategist Byron Wien remains an optimist and sees the stock market rising by the end of the year, he told CNBC Thursday. "I don’t think we’re in a recession."