Even as the US market continues to rally, many institutional investors are trimming their US holdings and putting more money in foreign stocks—especially those in emerging markets... »read more
The Obama administration is alerting domestic agencies to expect their budgets will be frozen or even cut by 5 percent, part of an election-year push to rein in record deficits that threaten the economy and Democrats' political prospects next fall... »read more
US consumer sentiment fell in early November to the weakest in three months amid grim expectations for job and income prospects, a survey showed on Friday... »read more
We are well supplied in the oil market, with inventories at record levels globally, Rex Tillerson, chairman and CEO of Exxonmobil, said Friday. "The market continues to be a bit soft," he added.
Consumers should have more left in their wallet when they finish shopping for their Thanksgiving feast this year, according to the American Farm Bureau Federation's annual price survey.
Barack Obama rode an economic crisis into the White House in November 2008. Now he'll have to ride out the last of that economic storm if he's to keep his own job in three years... »read more
Nordstrom reported earnings that missed analysts' expectations by a penny but beat on revenue, helped by better sales and higher merchandise margins, causing the company's shares to fall in after-hours trading... »read more
Warren Buffett & Bill Gates: Keeping America Great
Tonight on CNBC... From Columbia Business School in New York City, CNBC brings together two of the most successful men in business -- Bill Gates and Warren Buffett -- for an hour-long question and answer session with students, hosted by Becky Quick. Don't miss what these American icons have to share with tomorrow's business leaders. »Tonight 9p ET | PT
Frederic Mishkin, former Federal Reserve Board Governor and a Columbia University economics professor, discusses Sen. Dodd's financial reform bill and its potential unintended consequences.
The holiday season is traditionally viewed as a time of good cheer and hope, but for many video game publishers, 2009's will be filled with shot nerves and stress.
CNBC brings together two of the most successful men in business, for an hour-long question and answer session from Columbia Business School in New York City. Warren Buffet and Bill Gates together, taking questions from tomorrow's business leaders, sharing the secrets of their success and charting America's course for the future. Don't miss this rare and exclusive event, hosted by CNBC's Becky Quick.
A year after an unruly crowd trampled a worker to death at a Wal-Mart store, the nation's retailers are preparing for another Black Friday, the blockbuster shopping day after Thanksgiving. Along with offering $300 laptops and $99 navigation devices, stores are planning new safety measures to make sure the festive day does not take another deadly turn... »read more
In a memo to the company's employees, AIG CEO Robert Benmosche said Wednesday that he and the board remain "totally committed" to leading AIG... »read more
For those of you in HR charged with hiring from a workforce of Americans whose parents never told them they were stupid for some boneheaded move—they just made "poor choices"—you can appreciate new survey results from CareerBuilder. The job Web site asked nearly 3,000 hiring managers for the most unusual requests they've received from employees.