Wednesday was the first anniversary of President Obama's Presidency. The gleeful Republicans are celebrating what they declare to be a repudiation of the President's agenda making for a tough anniversary.
Commercial real estate by contrast is significantly more concentrated in smaller banks, with less repackaging of loans. And the risk of these loans is likely to be worse for small banks.
The victory in Massachusetts for Republican Scott Brown over Democrat Martha Coakley is seen by political strategists as a repudiation of the current health care legislation and the policies of the Obama administration.
In the new regime, the Fed Funds rate is unlikely to be the most important tool for setting policy.
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Crisis? What crisis? ….. That seems to be the message German Chancellor Angela Merkel wanted to send out after a top-level coalition meeting in Berlin last night.
Financial markets have failed to price in the remaining problems that bedevil an economic recovery, Pimco's Mohamed El-Erian told CNBC.
There was news enough recently for the bulls and/or the bears and you can take your pick.
The financial crisis is likely to lead to food shortages in a few years because the agriculture sector is in dire need of funds, legendary investor Jim Rogers told CNBC Friday.
The S&P's downgrade of California's debt rating is a wakeup call to the state legislature, David Crane, special adviser for jobs and economic growth to Governor Arnold Schwarzenegger told CNBC on Thursday.
Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles facing the economy as it struggles to recover from the deepest recession in seven decades.
The euro will become the world's favorite reserve currency because Europe has a better growth strategy than the US, David Roche, global strategist at Independent Strategy told CNBC.
Foreclosures jumped 14 percent in December 2009 from the previous month, according to a new report from foreclosure listing Web site RealtyTrac.com.
If we agree that transition to end-user demand is the critical turning point, then the next question becomes when?
Government news on employment is more about spin than actual substance, Lawrence Lindsey, former director of the National Economic Council and CEO of the Lindsey Group told CNBC on Wednesday.
US GDP would have been negative at the end of 2009 and unemployment would be well over the current 10-percent, if not for the $787 billion Recovery Act, according to the Council of Economic Advisors.
Markets closed lower on Tuesday as Wall Street fretted over a weak start to earnings season. Sam Stovall, chief investment strategist at Standard & Poor’s, shared his market outlook.
Friction is building between the United States and China, and it’s time for all of us to pay attention. We are on the brink of a trade war with an uncertain behemoth, and recent policy decisions from Washington are fanning the flame, writes Gary Shapiro, President & CEO of the Consumer Electronics Association.
Investors around the world are trying to gauge the moment when the world's major central banks begin to push interest rates back up from historic lows. Which country raises first and fastest may set the tone for the global tightening of liduidity.
'Bond vigilantes' are selling Eastern European, Dubai, Irish and Italian debt and at some point will go for bigger bait, Guy Monson, managing partner and CIO of Sarasin & Partners, told CNBC late Monday.