The meltdown of the U.S. housing market is not over yet, and home prices will soon start trekking downward again as a flood of foreclosures looms, a well-known economist said Wednesday... »read more
The weak U.S. economy is improving modestly with little upward pressure on wages and finished goods despite commodity price gains, the Federal Reserve said Wednesday in a report that gives it little reason to move from its current ultra-low interest rates... »read more
Inside the offices of Tradeworx, an emerging player in the secretive and controversial world of high-frequency trading, it's dead quiet as staffers pore over the "tape," financial industry speak for the record of the day's transactions... »read more
Tomorrow on CNBC...
Inside The Mind of Google CNBC goes inside Google for a behind-the-scenes look at the company that created the world's most popular internet search engine.
Treasury Secretary Timothy Geithner testifies in front of the Senate Agriculture Committee on how to regulate the $600 trillion over-the-counter derivatives market.
"Cancel the party," the author says adding, "I don't say that because I'm hard-hearted and stingy. There are practical reasons why the company holiday party is a bad idea."
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