Let’s call this what it is: A new bull market in stocks has emerged from the ashes of the financial meltdown and the deep recession that followed. And it’s signaling the onset of economic recovery.
The House moved toward passing legislation Friday to rein in salaries and bonuses for executives on Wall Street, a day after it was disclosed that nine bailed-out banks awarded million-dollar-plus bonuses to thousands of its employees.
Investors flee money market funds, but they're not putting money into stock funds--yet. The Investment Company Institute, the professional association of the mutual funding industry, has released their monthly Trends Report with figures through June of this year.
Tens of thousands of unsafe or decaying bridges carrying 100 million drivers a day must wait for repairs because states are spending stimulus money on spans that are already in good shape or on easier projects like repaving roads, an Associated Press analysis shows.
Futures drop on GDP; can "preliminary" numbers really be trusted? Good news! The decline in second quarter GDP was better than expected (down 1 percent). It's the fourth drop in a row (the longest since quarterly records began in 1947). So why did S&P futures drop about 5 points on the news?
With mugs of beer and a few minutes of conversation, President Barack Obama tried to pull himself and the nation beyond an uproar over race, sitting on his big back lawn with the black professor and the white policeman whose dispute had ignited a week of fierce debate.
Some people say the worst on Wall Street is yet to come. Here’s why they’re wrong.
The debate over leveraged and inverse ETFs has been getting a bit heated recently. Here is the worry: federal regulators are concerned that financial advisors are not adequately explaining to the public what these ETFs do--and don't do.
President Obama's frenetic push for a jampacked domestic agenda has sapped his popularity, diminishing his clout as Congress reaches a crucial stage of the debate on onverhauling the nation's health care system.
Mortgage companies are reluctant to give strapped homeowners a break because the companies collect lucrative fees on delinquent loans, the New York Times reports.
Cambridge cop, Harvard professor to join Obama for brews at White House
The US and China held their Strategic Economic Dialogue talks in Washington, DC this week. The biggest loser will be US manufacturers as the Obama administration has deemed the funding needs of the United States outweigh the needs of the companies competing against the Chinese in the global marketplace. In essence, the US is saying that their funding needs outweigh the needs of creating jobs for the American worker.
Mine is a story of government intervention gone wrong, of well-meaning intentions unfulfilled.
The bill was was approved Tuesday by the House Financial Services Committee, which Frank chairs. The measure was approved in a 40-28 party-line vote.
The Mad Money host tells us which stocks work as a result. Plus, get calls on the banks, housing and more.
Again, the watchword for stocks is-RESILIENCY. For the fourth day in a row, the S&P 500 is coming off its lows for the day and moving toward the highs late in the day.
The conspiracy theorists are out in force today: lots of "I told you so!" going on today as traders point to a front page story in the WSJ which says that the Commodity Futures Trading Commission (CFTC) will issue a report blaming wild swings in oil prices on speculators.
Government-run insurance could not be worse than what small businesses already face.
While President Obama pushes his plan for healthcare reform, some skeptics argue that his proposal lacks the fiscal requirements and business ramifications that clearly define a successful system. Political and business insiders say that leaning away from a Socialist method and focusing on free enterprise may be key attributes of a future plan.
America's political agenda with China is critically important - regional security concerns, human rights and religious freedom. But these issues have no place as bargaining chips in our economic dialogue.