Economic News
Daily Data Flow: Stocks Drop Slightly; Twitter Welcomes High Ad Revenue; Chinese Banks Boost Hong Kong Stocks
Concerns over Europe's debt crisis, as exemplified by the Cyprus affair, lowered today, but not enough to result...
Daily Data Flow: Stocks Rebound on Good Data; Strong Housing Numbers; Cyprus Worries Keeping Euro Down
Thanks to forecast-beating durable goods orders in February and the biggest increase in home prices since 2006, U.S....
Words of Wisdom from Wayne: Americans Regaining Confidence in Homes and Market But Not Economy
Results of the most recent CNBC All-American Economic Survey indicate that 33 percent of Americans expect their home...
Daily Data Flow: Cyprus Bank Deal Hits U.S. Stocks, Russian Investors, Euro
Investor optimism fell in the aftermath of Cypriot banks reaching a deal, causing U.S. stocks to fall for...
Daily Data Flow: Europe Fears Shrink Stocks; Manufacturers Look to Mexico; Cyprus Crisis Lowers Euro
As Cyprus rejected an unpopular bank levy, fear about Europe's debt crisis managed to increase, sending U.S. stocks...
Eagle Eye Opener: Greek Unemployment Reaches 25%; European Market Hits New High
Greece’s national statistical authority released figures for the fourth quarter of 2012, which revealed that 26 percent of...
Daily Data Flow: Dow on Longest Rally Since 1996; Consumption Going Strong; Dollar Hits Seven-Month High
The still-rising Dow is now on its longest rally since 1996. Today, stocks were boosted by a strong...
Daily Data Flow: S&P Falls Slightly; Gas Prices Falling; Small Businesses Slow to Hire
A day after coming within nine points of its all-time high, the S&P 500 fell 0.2 percent today,...
Eagle Eye Opener: Blackstone CEO Expects Real Estate and Auto Recovery; Greece Needs to Cut 150,000 Government Workers; Pharmaceuticals Become Target for Tax Revenue
Stephen Schwarzman, chairman and CEO of Blackstone Group (BX), divulged yesterday on CNBC’s “Squawk on the Street” that...
Daily Data Flow: Employment Growth Boosts Stocks; Italy’s Rating Cut after Election; Dollar Rises against Yen, Euro
Stocks rose again today, this time on the back of data showing forecast-beating jobs growth and an unexpected...