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Congressional investigators are exploring whether regulators and feeble risk controls allowed MF Global to topple.
Wall Street opened on a negative note Wednesday as the euro continued in freefall, dampening hopes for an end-of-year rally.
As the studio prepares to release "Girl with the Dragon Tattoo" next week, the question is whether the adaptation will recreate the kind of hit it saw with "Da Vinci Code."
US stock index futures pointed to a lower open on Wall Street on Wednesday as the dollar rose to an 11-month high against the euro with investors speculating that more euro zone countries may be downgraded in the near term, given that a quick solution to the region's debt crisis remains elusive.
Although unemployment was steady at 8.3 percent in the Organization for Economic Cooperation and Development area, youth unemployment, at 17.2 percent, is high and likely to go higher, Stefano Scarpetta, deputy director for Employment, Labor and Social Affairs at the OECD, told CNBC.com.
Wall Street sold off sharply in the final hour of trade after the Federal Reserve delivered little hope that it would turn on the easing spigots anytime soon and as a formerly rosy holiday retail season suddenly turned gloomy.
US stock index futures pointed to a slightly higher open for Wall Street on Tuesday as European shares edged up following a sharply lower close on Monday.
The hitless season has retailers stocking less, leaning on classic items rather than new ones and possibly discounting less in the final days before Christmas. And with no Tickle Me Elmo or Zhu Zhu Pets to draw crushing crowds to the toy aisles, most retailers are being careful not to get stuck with unsold toys. The New York Times reports.
A fresh round of concern over European debt combined with some downbeat news out of the technology sector to send U.S. stocks sharply lower Monday.
Businesses are locating distribution centers next to UPS and FedEx in order to be able to ship products even faster. CNBC's Brian Shactman reports on the secret to speedy shipping.
Last year, Americans made nearly $300B in charitable donations. Tech savvy philanthropists are making big moves in the non-profit world, with Laura Arrillaga-Andreessen, Standford lecturer and book author of "Giving 2.0."
US stock index futures pointed to a lower open on Wall Street Monday as credit rating agency Moody's Investors Service said it still expects to review its ratings on all European Union sovereign credit in the first quarter of next year, adding that last week's agreement by European policymakers offered few new measures to resolve the region's debt crisis.
Stocks closed near their highs Friday, climbing steadily throughout the session, buoyed by a strong consumer sentiment report and as investors appeared to show relief after the euro zone's latest plan to solve its debt crisis.
Futures struggled to hold their gains Friday after the euro zone agreed to take a big step forward in economic integration, but failed to deliver a convincing answer to investors worried about its ability to tackle threatening debt crises in Italy and Spain.
Stocks added to declines in the final minutes of trading to log a sharp loss Thursday after Germany rejected some of the EU summit draft measures and as ECB President Mario Draghi's comments dashed hopes that the central banks would raise its bond purchases of debt-ridden European nations.
Prime Minister Vladimir V. Putin on Thursday accused Secretary of State Hillary Rodham Clinton of instigating protests over the results of Russia’s parliamentary elections by baselessly criticizing the vote as “dishonest and unfair” and he warned that Russia needed to protect against “interference” by foreign governments in its internal affairs.
Futures slipped after briefly spiking Thursday as comments from ECB's Mario Draghi appearing to step back from the idea of aggressive bond buying trumped the positive jobless claims news.
insight on the new contract that prevents work stoppages for the next five years, with James Albaugh, Boeing Commercial Airplanes president/CEO, who explains the NLRB case against Boeing is widely expected to be dropped, with CNBC's Phil LeBeau.
Stocks spiked in the final minutes of trading Wednesday following a report that the G20 is considering a $600 billion IMF lending program to euro zone, but came off their highs after the IMF denied the report. Investors were also closely waiting for the key EU summit at the end of the week.
Futures were hugging the flatline Wednesday as investors took a breather following to days of gains to see if EU officials could come up with a plan to deal with the region's debt crisis during a summit at the end of the week.