The Dow Jones Industrial Average rose slightly on Tuesday, erasing earlier losses as Home Depot shares jumped on strong earnings.US Marketsread more
For investors still haunted by last week's monster sell-off, the market's comeback is set to last, according to J.P. Morgan's quant guru.Marketsread more
The FDIC on Tuesday voted to approve a five-agency revision of the post-crisis regulation known as the Volcker Rule.Financeread more
The launch follows a "preview" earlier this month that allowed only limited customers to apply.Technologyread more
"The hawks on the Fed are going to be gunning for no more rate cuts, which is obviously not what the market wants," says CNBC's Jim Cramer.Marketsread more
A U.S.-China trade deal would be less likely if President Xi cracks down violently on the large-scale protests in Hong Kong, Secretary of State Mike Pompeo tells CNBC.Politicsread more
At least three children held in detention centers at the Mexican border have died, in part, from the flu, a group of doctors say.Health and Scienceread more
The report was conducted by Senator Jon Kyl, R-AZ, and a team of lawyers who interviewed conservatives who use ans study Facebook.Technologyread more
The prospect of increased regulation is coming back to haunt Big Tech, and one FAANG stock looks especially vulnerable to downside.Trading Nationread more
Home Depot's CEO says the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tariffs."Retailread more
U.S. interest rates will keep falling and follow global interest rates all the way down to zero, hedge fund manager Kyle Bass said.Marketsread more
Commercial real estate values in the euro zone look stretched, but there are no signs of bubbles in broader European markets, according to the president of the European Central Bank.
Speaking at a press conference at IMF Annual Meetings in Washington, Mario Draghi said he does not see evidence that stocks or bonds are overpriced in Europe.
"Let me be clear, I think people are convinced that stocks and shares right now and bonds can go up as well as down," Draghi said in response to a question from CNBC. "I don't think we're living in a bubbly situation."
The commercial real estate sector, though, does appear to be slightly overvalued, Draghi said.
"Where we see some signs of valuations that tend to be stretched is in the prime commercial real estate," he said.
Macroprudential policy, not higher interest rates, is the best response to lofty valuations in the commercial real estate, Draghi said. He added the ECB, along with national authorities and central banks, is "monitoring" the market.
"You wouldn't want to take wrong decisions in order to fix one specific market," Draghi said. "What you want to do is have macroprudential policies and frameworks in place that could cope with these realities."
Compared to historical averages, Draghi said he does not see the residential real estate market as "an especially worrisome situation." He said higher residential prices in large cities have not been accompanied with increasing debt or leverage, adding credit flows are "pretty subdued" on average.