My question of, "When will this end?" needs to be answered swiftly. The chain reaction of events if the pool continues to be tapped could be very harmful to all investors.
After a dismal period of huge losses and deep cuts that culminated in the bailout of General Motors and Chrysler, the gloom over the auto industry is starting to lift. The NYT reports.
President Obama delivered a strong defense on Friday night of a proposed Muslim community center and mosque near ground zero in Manhattan. The NY T reports.
In response to criticism by many in Congress that it should have added GSE reform to the financial reform bill, the Obama administration has repeatedly said the housing and mortgage markets are simply too fragile right now to weather the inevitable storm that debate would entail.
Earlier this week Dynegy Energy was down 22 percent, but now the stock will be up very sharply with the $4.50 per share in cash deal, which represents a 62 percent premium to the closing share price on August 12. The total value of the deal is $4.7 billion—this includes existing debt
If you’re running a company, do you notice a loss of productivity, caused by one or more of the following changes? Your staff won’t travel or may be uncharacteristically cantankerous and uncooperative in that they refuse to tackle what they usually do routinely—sales calls, closing deals or meeting clients for lunch.
Death may still be certain, but taxes have never been less so. The NYT looks at our uncertain future.
Determined to show a commitment to stopping the flow of illegal immigrants, the Senate convened a special session Thursday and passed a $600 million bill to put more agents and equipment along the Mexican border.
Barnes & Noble released a statement saying, they were "unable to conclude an agreement on mutually acceptable terms" with one of its top investors', Ronald Burkle and his holding company— specializing in private equity investment—Yucaipa.
Congressional Democrats and Obama Administration officials have trotted out the argument that failure to raise taxes on households earning more than $250,000 a year would explode the deficit.
Unemployment is stuck near 10 percent and deflation and a stock market collapse threaten. The Federal Reserve and Barack Obama are out of bullets. Near zero federal funds rates, central bank purchases of mortgage backed bonds and other securities, and a $1.6 trillion deficit have failed to revive the economy.
Jackass is the US show where crazy guys put their personal health on the line in the name of entertainment.
Most Americans would go along with temporarily extending the Bush tax cuts for all taxpayers, including the wealthy, until the economy recovers, a new NBC News/Wall Street Journal survey has found.
The underwriters leading GM’s public stock offering are hoping to file a preliminary prospective this Friday, though the actual pricing of the deal won’t take place for what may be several months, CNBC has learned.
No attempt at a midday rally. How can you rally when there seems to be no bids? Volume is seasonally light, but when you have no bids, even seasonally light selling will create a big down day like today.
We knew it was coming, as it was part of the recently signed financial reform bill, but today the Obama Administration announced it would be sending another $1 billion to unemployed borrowers to help them pay their mortgages.
The Obama administration is providing $3 billion to unemployed homeowners facing foreclosure in the nation's toughest job markets.
People in the securities and investment industry have dramatically reversed their campaign contribution trends, shifting from overwhelming support of Democrats in 2009, to an equally overwhelming support of Republicans in 2010.
Tuesday’s action by the Federal Reserve was positive, in spite of immediate market downturn on Tuesday, Jason Trennert, chief investment strategist of Strategas, told CNBC Wednesday.
Global markets are lower this morning, on the Fed announcement and economic numbers in China. The yen is at the highest level against the dollar since 1995, as the dollar has become the low-cost funding mechanism for the world.