Billionaire investor Warren Buffett told CNBC on Thursday that companies should stop issuing earnings guidance because it can lead to "a lot of malpractice" and "bad results."
The president of Sri-Kumar Global Strategies noted that markets rallied after Friday's disappointing September jobs report, which showed weaker-than-expected gains in net nonfarm payrolls, flat wages and a falling labor participation rate.
The Athens stock exchange was trading around 19 percent lower by mid-morning on Monday, after falling nearly 23 percent after it reopened for the first time in five weeks.
As Greece remains defiant, despite talks with its international creditors stuck in deadlock, anger and concern is mounting in Europe about the finale to this Greek crisis.
Investors are awaiting a signal from the Federal Reserve on whether the central bank will raise interest rates, but "Dr. Doom" Marc Faber thinks the Fed will keep them waiting.
Jonathan Barratt, chief investment officer at Ayers Alliance, told CNBC Asia's "Squawk Box" on Monday that extreme weather conditions in Brazil and India have dramatically altered the supply/demand dynamic in the global coffee and sugar markets.
Buffett called on both sides to pledge not to use the debt limit as a weapon. "There are plenty of weapons that can be used," like filibusters, he said.
Housing prices in the Asian financial capital, which have skyrocketed in recent years, could correct 10-20 percent as a result, said Frederic Neumann, Co-head of Asian Economics at the bank.
Dennis Gartman says that stocks are likely on an upward trend. The market will go a good deal higher. But he was very short of gold, long on stocks and crude oil.
Gold prices continued to plummet Monday on concern that Cyprus will have to sell excess reserves of the precious metal to raise about USD 522 million to help finance that country`s USD 13 billion international bailout, Dennis Gartman, editor of The Gartman Letter, told CNBC.
Although blue-chip stocks are hitting all-time high after all-time high, former Fed Chairman Alan Greenspan told CNBC Friday that "irrational exuberance" is the last term he'd use to describe today's market.
Warren Buffett still sees "good value" in stocks, even as the Dow Jones Industrial Average approaches an all-time high.
The Federal Reserve's "very aggressive" easy money policy is going to stay that way for a "long time," St. Louis Fed President James Bullard told CNBC on Friday.
Warren Buffett told CNBC that even after teaming up with 3G Capital Management to acquire H.J. Heinz, he's still looking for another big acquisition and has the cash to pay for one.
Japan's economic policies, which have driven down the yen's value and given local exporters a powerful boost, are expected to be in the firing line at a meeting of G-20 finance ministers. But perhaps it's time to cut Japan a little bit of slack, some analysts say.
Warren Buffett told CNBC that even after teaming up with 3G Capital Management to acquire H.J. Heinz, he's still looking for another big acquisition and has the cash to pay for one.
Merrill Lynch has added its voice to the chorus of gold bulls who have been predicting that bullion will hit USD 2000 an ounce.
The European Central Bank needs to go beyond lowering interest rates - which has already been priced in by markets - to boost growth and authorities may be better off ramping up their asset-purchasing programs instead, economists tell CNBC.
A surprise contraction in US manufacturing activity in June has raised the prospects of a worsening slowdown in the US, but one economist says the economy may actually be showing signs of bottoming out.
Government bailouts of big banks are here to stay and are bad for economies because they channel capital to uncompetitive industries and sustain high levels of debt, according to a professor of economics and capitalism.
US 10-year Treasury yields will hit 1% by the end of the year, as the so-called "fiscal cliff" has investors running to the safety of government debt, several market watchers told CNBC on Monday.
The Federal Reserve's monetary easing has reached its limit and it is now time for the government to put fiscal policy to work, according to Robert Heller, former governor of the US central bank.
Over the past one month, US stocks have given up almost all their gains of the year, making valuations look very attractive, but one expert cautions against falling for these "cheap" stocks.
Warren Buffett says along with equities, single-family homes are a very attractive investment right now.