With bad home mortgages on the back burner, the big threat to the economy is now believed to be troubled credit card, commercial real estate and commercial industrial debt.
Earlier this week the big natural gas ETF, the U.S. Natural Gas Fund (UNG), announced that it was suspending the issuance of new shares. Why did this happen?
Plus, Cramer makes the call on cap-and-trade and states his bullish case for the markets and the economy.
With apologies to German Chancellor Angela Merkel, The Boys of Summer (Don Henley) are gathered once again for their annual G8 summer clam bake, so let's crank up the tunes...
Two-thirds of the country lives in large metropolitan areas, home to the nation’s worst traffic jams and some of its oldest roads and bridges. But cities and their surrounding regions are getting far less than two-thirds of federal transportation stimulus money.
Stock futures are up modestly on better-than-expected jobless claims data and Alcoa’s smaller-than-expected loss.
Investor Wilbur Ross said he has $700 million ready to invest in a mortgage-backed securities offering through the government's Public-Private Investment Program.
Here’s how the president can put us back on track.
A late upturn pushed stocks higher Wednesday as investors rotated into defensive stocks like pharmaceuticals and Alcoa advanced ahead of earnings.
Stocks turned lower Wednesday as investors got defensive ahead of earnings season, rotating into pharmaceuticals and out of techs.
The nation's hospitals will give up $155 billion in future Medicare and Medicaid payments to help defray the cost of President Barack Obama's health care plan, a concession the White House hopes will boost an overhaul effort that's hit a roadblock in Congress.
Well, the Administration can't say "give it time to work" and have some others say "we need another one before this one has had time to do its thing." Talk about creating a box needlessly. And don't you find it curious that the meat of the Stimulus package, the shovel-ready job-creation part of the deal, is due to hit just about in time for the midterm elections?
Futures trade in a fairly tight range this morning ahead of a key 10-year Treasury note auction around 1pm ET today and the earnings season kickoff this afternoon with Dow component Alcoa reporting results after the close.
Stocks rebounded Wednesday after a major selloff in the previous session as earnings season gets into gear.
Futures indicated a slightly higher open for Wall Street Wednesday on profit taking after the major selloff the previous day.
No one argues that the staggering deficits run up by the American government in a bid to rescue the economy are desirable, healthy or even sustainable — not if the national debt continues to swell at its current pace. But considerable debate centers on when and how vigorously to start easing off Washington’s borrowing habit, with substantial risks at both extremes, the New York Times reported.
Contrary to comments made this past weekend by Vice President Joe Biden, President Barack Obama says that the administration did not misread the economic downturn.
Stocks fell Tuesday amid growing doubts about the economic recovery. There were some pockets of gains in the banking and pharmaceutical sectors.
Plus, the Mad Money host reacts to the Justice Department's probe into telecom.
Stocks fell Tuesday amid growing doubts about the economic recovery. There were some pockets of gains in the tech, banking and pharmaceutical sectors.