The debate over a tax on sugary soft drinks — billed as a way to fight obesity and provide billions for health care reform — is starting to fizz over. President Obama has said it is worth considering. The chief executive of Coca-Cola calls the idea outrageous.
Stocks got a quick pop Thursday from the Philadelphia Federal Reserve report on regional manufacturing but turned negative as General Electric dragged on the Dow.
Stocks got a quick pop Thursday from the Philadelphia Federal Reserve report on regional manufacturing but the gains began to fade as weakness nagged at the market. United Technologies, Bank of America and General Electric led the Dow.
Bank of America has invented a new twist: a communications problem that became a facts problem, and is now a growing legal problem.
Futures have drifted slightly lower. August housing starts came in in-line with expectations (though single family starts fell), but that is good news: starts have clearly bottomed in the last several months and are at their highest levels since November 2008.
Stock index futures showed relatively little reaction to the mixed economic reports out before the bell.
Cramer says there may be a lot to go around.
President Barack Obama, claiming credit for an uptick on his watch, told autoworkers Tuesday that the economy is on its way back from the brink because of his policies.
The contrast between the president's speech today at the GM plant in Lordstown, Ohio, and his speech yesterday on Wall Street could not have been more glaring.
The economy faces a big test next month when the government starts winding down its massive support programs, banking analyst Meredith Whitney told CNBC.
S&P 500 futures popped about 4 points as retail sales, including sales ex-auto, were both stronger than expected. The Empire Manufacturing index was also stronger than expected. Producer Price Index was a bit higher than expected but inflation is not a big worry at the moment.
Cramer can’t understand why the president sounded so downbeat on Monday, especially when there were plenty of reasons to feel positive.
Oversight of the financial system is going to be much more rigorous and will include steps such as higher capital requirements for large institutions, which are so deeply interconnected that the failure of one could bring about a failure of the entire financial system, President Barack Obama told CNBC Monday.
The Street is awash with chatter about a potential trade war following a White House tariff on tires imported from China.
Stocks moved into positive territory Monday afternoon as tech, bank and drug stocks gained and volatility waned.
President Barack Obama warned Wall Street against returning to reckless and unchecked behavior in his speech on Monday. Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his insights on the speech.
One of these days it’s plausible to believe that the ailing wireless giant Sprint will be put out of its misery with the receipt of a viable takeover offer. But don’t count on that being anytime soon.
Plus, Lehman Brothers one year later -- Cramer gives you the biggest takeaway.
Stocks pared their losses Monday as President Obama's speech on financial reform had little impact on the market.
The President's speech on financial reform across the street from the New York Stock Exchange elicited little interest from the trading community, as important as it was.