“The demand for everything [Apple], except tablets, if you want to nitpick, is much better than the supply," Jim Cramer says.» Read More
Global stocks snapped their winning streak Tuesday on worries over the U.S. economy deteriorating further as American Express said its credit card default rates soared last month, hammering home the heavy toll the financial crisis has had on the consumer.
Global stocks rose again Monday, for the fifth consecutive session, lifted by hopes that the U.S. economic downturn may be bottoming out and with investors seeking to take advantage of cheaper stocks.
President Barack Obama and his economic team are taking a cheerier tone while making billions in federal loans available to the nation's struggling small businesses.
President Barack Obama said Thursday the true status of bank balance sheets was not known, and he would act decisively to make sure major banks have enough money to operate.
President Barack Obama's ambitious new budget faced bipartisan skepticism Thursday as key senators questioned the administration's long-term budget outlook and the deficits it envisions rising in the middle of the next decade.
President Obama agreed to sign an "imperfect" spending bill to keep the government running, but he called for a crackdown on lawmakers adding "earmarks"—or pet projects—to legislation.
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Plus, Cramer lists his requirements for believing in Tuesday's rally.
Today marks the first 50 days into the Barack Obama presidency, which has had plenty of ups and downs.
Dave writes, “I am long some natural gas names, what do the traders think of the natural gas sector going forward?"
President Barack Obama lifted restrictions on federal funding of human embryonic stem cell research Monday, angering abortion opponents but cheering those who believe the study could produce treatments for many diseases.
Since the start of the year, the Dow has last a quarter of its value. And with even with today's late gain, pockets of optimism are hard to find. Having said that, there were some positive signs in the options market this week, which predicted much of the pain were in right now.
Have investors gotten so pessimistic that there are no bears left to sell and we are therefore due for an oversold bounce?
Democrats who control the U.S. Senate were unable on Thursday to round up the votes to end debate and pass a $410 billion bill to fund many government operations through Sept. 30, Senate Majority Leader Harry Reid said.
Companies looking for growth opportunities in the middle of the current financial crisis should note that 2008-2010 will actually see an acceleration in the pace of the ongoing shift in the world’s economic center of gravity from other major economies to China and India, write authors Anil K. Gupta and Haiyan Wang.
Debt-strapped homeowners unable to afford their mortgages could get their monthly payments lowered in bankruptcy court under a controversial element of President Barack Obama's housing rescue plan.
No additional stimulus from China? The Street was excited yesterday on talk that China would announce additional stimulus measures today, but the Chinese premier did not offer any additional stimulus details during the opening session of the National People's Congress.
Strong demand from overseas will be enough to keep companies like Joy Global in business, says the CEO.
New signs suggest that China, and not the U.S., may be the global powerhouse that lifts the world out of recession.