U.S. Treasury Secretary fears a Greek "accident" and warned that the country and its creditors needed to "double down" their efforts.» Read More
Cramer says yes, but one of his preferred companies just reported a disappointing quarter. He interviewed the CEO to find out if it’s still a buy.
Markets could be in store for another dose of positive U.S. economic data Friday, as the Greek debt crisis seems contained for now.
No good crisis comes without good opportunities, and the events unfolding with European debt are no exception.
While Portugal and Spain are the most recent targets of S&P downgrades, Italy or even Ireland could be next.
With dramatic headlines of Greek troubles spreading and the euro hitting fresh lows against the dollar, the situation grows more critical each day. But today's news only highlights a part of the problem.
But that’s no reason to sell stocks, he says. Here’s how you survive the debt tsunami crossing the Atlantic.
The weekly jobless claims report should help swing the focus back to the U.S. economic recovery at least temporarily Thursday, after the Fed affirmed low rates are here to stay for the time being.
Stocks ended higher after the Fed left interest rates unchanged and kept the "extended period" language in its statement. Financials were the day's best performers, with JPMorgan and Bank of America leading the Dow.
The market is highly skeptical about a rescue which was only emphasized by Standard and Poors downgrading the rating on Greece to "junk." Wow guys, way to be timely.
Stocks opened higher on Wednesday, with banks rebounding after a sharp selloff in the previous session after both Greece and Portugal had their debt ratings downgraded. Howard Ward, portfolio manager at Gamco Growth Fund shared his insights.
Fears of a wider European sovereign debt crisis swept global markets Tuesday, and could be a negative Wednesday as the Greek bailout seems to flounder.
Stocks advanced Wednesday, with banks rebounding after a sharp selloff in the previous session after both Greece and Portugal had their debt ratings downgraded. Bank of America and JPMorgan were among the early leaders on the Dow. Dell skidded.
One of the key players in trying to work out a solution is Germany, and I spoke with Axel Weber, President of Germany’s central bank, the Deutsche Bundesbank.
U.S. stock index futures pointed to a lower open Wednesday in the wake of a sharp selloff in the previous session caused by another Greek debt downgrade, but comments from the Federal Reserve could change momentum later.
A lack of competitiveness, not credit default swaps (CDS), brought Greece to the brink of financial catastrophe, former Greek Finance Minister Yannos Papantoniou told CNBC.com Wednesday.
The market reaction to the debt crisis in Greece and the euro zone has spooked investors across the world and led to heavy selling of stocks. But is the crisis actually impacting real businesses, given Greece makes up only two percent of euro zone gross domestic product?
Germany's reticence to come to the rescue of the Greek government has been widely criticised across the euro zone.
Whispers of contagion are sending a chill through bond markets, while the euro is likely to fall further and things don't look pretty for stocks. Smart money is likely to go into gold.
French banks are the most exposed in Europe to the Greek debt crisis, with $75 billion at stake, according to the Bank of International Settlements.
There are two known dates and one unknown date that will cause volatility and uncertainty surrounding the Euro. All three will likely occur in the next three weeks.