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• Fed’s Bullard: Fiscal, Not Monetary, Policy Key to Jobs
  Federal Reserve Bank of St. Louis President James Bullard said fiscal policies are needed to reduce the 8.1 percent U.S. unemployment rate and additional asset purchases by the Fed, or quantitative easing, would risk a surge in inflation. It may be better to focus on...
• Several Fed Members May Favor More Easing if Economy Falters
  Several Federal Reserve policy makers said a loss of momentum in growth or increased risks to their economic outlook could warrant additional action to keep the recovery on track, minutes of their last meeting showed. Several members indicated that additional monetary...
• Mining Titan BHP: Investors Have Lost Faith in Global Economy
  BHP Billiton said it expects commodity markets to cool further and that investors have lost confidence in the longer-term health of the global economy, in the most cautious comments yet from the world's biggest miner.
• Home Depot Co-Founder Langone: I Pray Obama Is a One-Term President
  President Barack Obama should be a one-term president as his policies have failed to make fundamental improvements to the economy, says noted investor and Home Depot co-founder Ken Langone.
• BlackRock’s Doll: Bull Market Hasn't Yet Hit Its Highs
  BlackRock chief equity strategist Bob Doll says this bull market hasn't peaked yet, regardless of appearances.
• Spitzer: JPMorgan Fiasco Proves We Must Break Up the Big Banks
  JPMorgan Chase’s $2 billion trading loss illustrates the need to tear apart the country’s largest banks, says former New York Gov. Eliot Spitzer.
• Wilbur Ross: Natural Gas Could Triple in Price Over Several Years
  Natural gas prices may be low today due to a supply glut but they're due to climb over the longer term, says noted investor Wilbur Ross, chairman and CEO of WL Ross and Co.
• Investors Flock Back to US Dollar as Global Woes Mount
  The escalating Greek debt crisis and spotty but sustained U.S. economic recovery have investors viewing the greenback as a safe haven these days, which has gold losing its luster.
• Economist Weinberg: Global Markets Face 'Vortex' of European Uncertainty
  Global financial markets face a vortex of uncertainty because of the eurozone and the high risk of Greece defaulting on its debts, Carl Weinberg, the chief economist at High Frequency Economics, told CNBC.
• Home Depot Co-Founder Langone: America's Best Days Are Ahead
  Despite rampant government spending and heavy-handed regulations, the country's best days do lie ahead, as the U.S. has shown a history of doing away with policies — and politicians — that don't foster an entrepreneurial spirit, says investor and Home Depot co-founder Ken Langone.
• Strategist Louis James: Gold’s Bull Run Isn’t Over
  Gold’s 14 percent drop from its Feb. 28 high doesn’t signal an end to the precious metal’s impressive rally that began 2001, says Louis James, chief metals strategist at Casey Research.
• Soros Buys Shares of JPMorgan, Suntrust Banks and Sells Google
  Billionaire George Soros’s investment firm added to financial stocks in the first quarter, including shares of JPMorgan Chase & Co. and Suntrust Banks Inc. He sold the company’s stake in Google Inc.
• New Home Construction Exceeds Forecasts, but Permits Fall
  U.S. housing starts rose more than expected in April, according to a government report on Wednesday that offered signs of a nascent housing recovery, even though permits for future building fell after touching a 3-1/2 year high the prior month.
• Rasmussen Poll: Half Americans Have Faith in Banking Sector
  About half of Americans have faith in the stability of the U.S. banking system while a third feel they are going to lose money due a pending bank failure, a Rasmussen poll finds.
• Analysts: Oil Markets Are Pricing in Doom
  Oil prices continue plunging, hitting five-month lows recently and market watchers are bracing for further losses. Escalating European debt fears, a cooling Chinese economy and sustained headwinds slowing U.S. recovery are sending U.S. crude futures to below $95 a barrel...
• Pimco’s El-Erian: European Union is Set to Shrink
  The European Union won't survive in its current form and will emerge healthier when the ailing Greece is shown the door, says Mohamed El-Erian, CEO of Pimco, manager of the world's largest bond fund. Debt-ridden Greece is currently embroiled in a political stalemate, with...
• Jim Rogers: Gold May Plunge 40% to 50% on Fears of Europe, India
  Investment icon Jim Rogers thinks gold’s correction has a long way to go – perhaps as far as 40 percent to 50 percent from its peak, thanks to bearish trends in India and Europe.
• Whalen: Economic Fatigue Will Force Voters to Oust Incumbents
  Improving economic indicators don't mean the broader economy is following suit, and politicians seeking re-election this year may be out of a job, says Christopher Whalen, Senior Managing Director of Tangent Capital Partners in New York.
• Bill Clinton: Debt Deal Should Be Top Campaign Priority
  Those running for office this year should prioritize how they'll reach across the aisle to find ways to narrow deficits and tackle other fiscal issues, says former President Bill Clinton.
• Buffett's Berkshire Buys GM, Viacom Stakes in Bet on Stocks
  Berkshire Hathaway Inc. disclosed stakes in General Motors Co. and Viacom Inc. as deputies Todd Combs and Ted Weschler, both former hedge-fund managers, built their portfolios under Chairman Warren Buffett. Buffett's firm had 10 million shares of the automaker on March 31,...
• Pimco’s Gross: Treasury Rally Quickly Coming to An End
  Treasury bonds have performed well in recent years but their rally is quickly coming to an end, says Bill Gross, founder of Pimco, manager of the world's largest bond fund.
• NY Times: Fear, Distrust Make Investors Shun Stock Market
  Investors are shunning the stock market because of distrust as well as fear. Policymakers should take notice and strive to restore trust, argues The New York Times.
• FBI Launches Probe of JPMorgan's $2 Billion Trading Loss
  The New York office of the FBI has opened an investigation into JPMorgan Chase & Co.'s $2 billion trading loss, a source familiar with the probe said on Tuesday.
• Gary Shilling: Buying a House Now is a Losing Bet
  Home prices have dropped 34 percent since 2006, and the 30-year fixed mortgage rate just fell to a record low of 3.83 percent. So is now a good time to buy a home? No, says Gary Shilling, an independent economist.
• Poll: Chief Financial Officers See Moderate Growth Next Year
  The global economy will grow during the next 12 months, albeit moderately, a poll of chief financial officers finds. Investment should rise and hiring should pick up, according to the fifth annual American Express/CFO Research Global Business Spending Monitor, a survey of...

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