Uncertainties about the Greek debt situation and the removal of the security blanket of Fed easing could combine for another week of volatility as the second quarter draws to an end.
CNBC's Steve Liesman talks to Treasury Secretary Tim Geithner about the economy and the potential to get a debt deal done, from a pizza shop in New Hampshire.
Treasury Secretary Tim Geithner told CNBC Friday he sees second-half growth of 2.5 percent and wants an agreement on raising the debt ceiling that will be fair while promoting that growth.
Free-market economics is probably not the most accessible subject in the world. One could say it is something that is not easy to describe or articulate. This is something of a paradox, because at its core it involves a very natural human emotion – that of rational self-interest.
Friday's market moves may not be as dramatic as Thursday's, but the same doubts could rattle investors going into the weekend.
To gauge what's really happening with jobs in the U.S., Cramer chats with Marty Mucci, CEO of payroll company Paychex.
Paychex CEO Martin Mucci discusses what he's seeing on the front lines of the labor market. "We're starting to see positive signs in the small business sector," he tells Mad Money host Jim Cramer.
Weekly jobless claims are up 9,000. breaking down the numbers, with Jim Iuorio, TJM Institutional Services; Harry Wilson, Obama Auto Task Force/MAEVA Advisors; CNBC's Steve Liesman and Rick Santelli.
Federal Reserve Chairman Ben Bernanke’s statement on expectations for the US economy on Wednesday was “quietly risk negative,” Dennis Gartman, author of The Gartman Letter, told CNBC Thursday.
Greece’s new finance minister has attempted to renegotiate parts of the austerity deal struck with international lenders last month, drawing anger from his European counterparts as they battle to find a solution to Athens’ debt crisis, reports the FT.
In Thursday's trading, the market will focus on weekly jobless claims and fully digest the Fed news. But buckle up: With earnings season around the corner, some pros say it's going to be a bumpy ride.
Reaction to Bernanke's speech and what it indicates about the economy, with Robert Doll, BlackRock; Julia Coronado, BNP Paribas; Ken Volpert,Vanguard; Greg Ip, The Economist, and CNBC's Steve Liesman.
Publicly, executives may say that the Cannes Lions awards for the advertising industry are only part of the appeal of the 2011 Cannes Festival of Creativity, behind the scenes, advertising companies are feeling the pressure to perform.
Albert Einstein is reported to have said that insanity consists of doing the same thing over and over again and expecting different results. By those standards, the deal with Greece that is about to be agreed looks insane. The only justification, as I argued in a column on May 10, is that it is needed to play for time. This is a bad strategy. Something more radical is required, according to the FT.
It's been a long, hot recession and many of us are tempted now that we're seeing some signs of recovery to say, "Take this job and shove it!" Before you do, read these tips to help you master the art of quitting.
Today is Day 2 of the New York Forum. Closing Bell was live from the pow wow in NYC’s Grand Hyatt Hotel on Monday. Richard Attias, founder of the New York Forum said that the DNA of the forum is about “finding solutions.” One key topic discussed was “jobs, jobs, jobs.” The big question is “if the policy makers and the private sector will build a private partnership to implement this solution,” said Attias.
There seems to be no limit to policy uncertainties, ranging from Europe’s stuttering response to its debt crisis, to questions about the end of QE2 in the US, the debt ceiling debate, and that still-elusive balance between medium-term fiscal reform and immediate stimulus to counter a weakening economy.
Monetary policy has been "the great enabler" that central banks used to keep interest rates at "absurdly low levels for years now" and this has encouraged politicians to believe that sovereign debt is "a lot cheaper than it really is," David Stockman, former director of the Office of Management and Budget, told CNBC Tuesday.
A mismatch in the US labour market between the skills of unemployed people and the jobs available is making it hard for some companies to find the right staff despite an unemployment rate of more than 9 percent, one of the country’s largest manufacturing employers has warned, the Financial Times reports.
When it comes to measuring the combination of unemployment and inflation, it doesn’t get much more miserable than this. In fact, misery, as measured in the unofficial Misery Index that simply totals the unemployment and inflation rates, is at a 28-year high, reflective of how weak the economic recovery has been and how far there is to go.