The company spent $5.5 million lobbying Congress in the first quarter, and its interests are as varied as one might expect.» Read More
Cramer has a six-point plan to help the bank withstand any contagion Europe has to offer.
Remember April 2009 when the G20 met in London? Gordon Brown was hosting world leaders and claiming he had saved the world while protests brought large parts of the UK capital to a halt.
Coordinated liquidity measures and quantitative easing may have to return and banks could take another hit to their balance sheet because of the sovereign debt problems in the euro zone, according to Ashok Shah, the CIO at London & Capital.
Whatever you’re thinking, just know that Wednesday’s move doesn’t qualify.
Investors are playing the markets carefully during these volatile conditions but stocks will resume their way up once the wave of international bad news subsides, Robert Doll, BlackRock vice chairman, told CNBC Wednesday.
It is noteworthy that the BP oil explosion occurred on April 20. Three days later, on April 23, the market peaked. Is this is a coincidence? Or is Mr. Market telling us something that we do not yet fathom?
Wall Street may finally shift its focus back to the U.S. economy, after weeks of zeroing in on problems in the euro zone. The big report of the week? Friday's May employment number, which could be a game-changer.
Are we to believe that Obama will rescind the excess appropriations? Hardly. And since pay-go is dead, most of this new spending will not be offset. It will add to deficits and debt. It’s the Greek disease. The welfare state run amok. Right here at home.
Plus, get calls on Europe, dividend stocks, the banks and more.
Actually, there are some related plays that might work even better.
Plus, get calls on drugs, banks, tech and more.
Recent stress tests have shown that Portuguese banks are more resilient and well-capitalized than their counterparts in Spain, which were more severely affected by the housing bubble, Portuguese Finance Minister Fernando Teixeira Dos Santos told CNBC Wednesday.
Nobody knows the trouble I have seen.... With almost 40 years of experience you think I would be calmer when market turmoil hits. But I guess it's part of the human condition to forget the pain and remember the good times.
Without the support of the UK or many euro-zone members, the EU looks split on key issues at a time when the Treasury Secretary thinks they should be standing united.
Cramer goes “Off the Charts” to find out.
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A recent spike in the rate banks charge each other for short-term borrowing is reviving investor fears that the market is returning to the abyss of the credit crisis.
Treasury Secretary Tim Geithner is urging Europeans to conduct some form of a banking stress test, a senior Administration official told CNBC Tuesday.
European Union countries will be required to impose an upfront levy on banks, with the proceeds to be paid into national funds to insure against future financial failures, under proposals to be unveiled on Wednesday, the Financial Times reports.
The Times newspaper in London reports that Members of the European Parliament from across the continent find their brand new Hewlett-Packard laptops -- recently bought at vast expense to European taxpayers -- cumbersome.