Bob Pisani

If we're to believe Associated Press reporter Daniel Wagner, this morning's report from the Department of Labor on unemployment claims revealing that initial claims during the week ended August 6 fell to 395,000, was "good news." Why, according to Wagner, that drop, all by itself, it was "enough to catapult stocks," pushing the Dow up by 423 points in Thursday's trading. Uh, not exactly,…

Green jobs to save the American economy?  If you have listened to the various politicos on the left end of the spectrum, especially before and after the passage of the $787-billion stimulus package earlier, you would think that is the cure-all. But so far it isn't working and there are other fundamental problems that lie ahead according to some energy market analysts, like much higher oil…

Recent problems with the financial system could be used as a reason for regulators to have authority policing social networking sites like Facebook and other types of electronic communication like text messaging. If Financial Industry Regulatory Authority (FINRA) CEO Richard Ketchum has his way, that's exactly what will happen. Ketchum appeared on CNBC's Oct. 27 "Closing Bell" in an interview…

After General Motors (NYSE:GM) Chairman and CEO Rick Wagoner was forced out by President Barack Obama, Wall Street is betting bank CEO firings will be the next shoe to drop.  CNBC's New York Stock Exchange floor reporter Bob Pisani told viewers of CNBC's March 30 "Street Signs" the market's actions, with the Dow Jones Industrial Average (DJIA) dropping as much as 300 points, are reflect, in part…

It was supposed to be a bad day in the American stock markets according to CBS's "The Early Show." Guess what - they were wrong. "Hong Kong's Hang Seng market was down more than 4 percent," Julie Chen said on the January 28 "The Early Show." "Tokyo's Nikkei index off about 4 percent. Wall Street may have a rough morning in advance of President Bush's final State of the Union address tonight.…