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Thursday, July 30, 2009

CNBC.com News Now: Treasury Auction Surpisingly Good

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Thursday, Jul. 30, 2009
CNBC.com's News Now CNBC Extended Hours Real-Time Quotes: Now CNBC.com brings you even more of the fast and actionable information you need to respond to market moves - and it's free!    
DOW 9154.46 83.74 +0.92%  
NASDAQ 1984.3 16.54 +0.84%  
S&P 986.75 11.60 +1.19%  
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WHAT YOU SHOULD KNOW
Dow Logs Highest Close Since November
Stocks rallied Thursday, logging the highest close since November, despite a late-afternoon pullback....
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Job Losses Appear to Peak, But When Will Hiring Start?
After a year and a half of declining payrolls, economists are more certain there will be modest job creation than either a "jobless recovery" or an outright jobs boom. ...
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Disney Profit Tops Forecasts, but Revenue Falls Short
Walt Disney reported lower quarterly earnings that topped analysts' forecasts, but the company's shares declined in extended trading as its revenue missed predictions....
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TODAY'S TOP 5 VIDEOS
1. Treasury Auction Surpisingly Good  
CNBC's Steve Liesman and Steve Grasso, of Stuart Frankel, parse the Treasury auction results.

2. Barney Boosts Business  
House Financial Services Committee Chairman Barney Frank and another congressman outlined an agreement with possible derivatives regulation, reports CNBC's Hampton Pearson.

3. Recession: Game Over?  
The market is surging on hope and better-than-expected earnings from Visa and Mastercard, with David Long, William Blair; James Bianco, Bianco Reseach; Peter Costa; Empire Executions; and CNBC's Erin Burnett.

4. Crying In Their Beer 
President Obama's beverage of choice at today's "beer summit" with Harvard professor Henry Louis Gates and police sergeant James Crowley is causing some controversy. Jim Koch, president of the Boston Beer Company, which brews Samuel Adams, sounds off on the issue

5. Stop Trading, Listen to Cramer!  
Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.

 

 
  TODAY'S TOP BLOG
  blogger
Do Mortgage Firms Really Benefit From Foreclosures?
An article in the New York Times today, suggesting that loan servicers would rather collect hefty fees on loans in delinquency and foreclosure than modify those loans, set off a bit of a firestorm in the community that oversees all those modifications. Folks at the Mortgage Bankers Association, who only yesterday had been defending servicers who were hauled before the Treasury Dept for a little kick in the you know where, expressed some disbelief.

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