U.S.-Japan talks aimed at a trade deal seen as vital to a broader regional pact are in stalemate, Japan's economy minister said.» Read More
The bears may be the majority, but shorts are clearly nervous. The Dow rallied 60 points as the White House said Obama will outline a foreclosure plan on Wednesday, but has declined to provide details.
Anybody out there got the super-secret e-mail address for President Obama, the Blackberry addict? How about a cell-phone number for Treasury Secretary Timothy Geithner?
The U.S. Congress was expected to pass a $789 billion economic stimulus package aimed at unleashing large spending and tax cuts to help yank the economy out of a 14-month recession.
Yesterday's late-day spike as Mr. Lockhart floated a trial balloon of help for home owners is, according to the few bulls around, a sign that there is just as much risk on the upside as the downside.
A top economics adviser to President Barack Obama says the $790 billion stimulus plan set for a final congressional vote will help, but that it isn't a "silver bullet" to cure the problem.
Some of the nation’s large banks, according to economists and other finance experts, are like dead men walking, the New York Times reported.
Friday the 13th proved lucky for global stocks as the spent the day in the green. Financials lead the gains on news of a US subsidy plan for mortgage payments. The improved mood among investors comes ahead of this weekend's G7 meeting of financial leaders.
Wall Street, the media, investors – they can try to explain Thursday’s action, but Cramer won’t believe any of them.
Three hats off to Judd Gregg for withdrawing his nomination for commerce secretary. And I mean three hats. I’ve never seen anything like this.
The entire market rallied an hour before the market closed due to a Reuters story that the Obama administration was working on a program to subsidize mortgage payments for troubled homeowners.
It takes real intelligence and discipline to succinctly express something worthwhile. Brevity is not only the soul of wit, it’s the key to communicating something memorable that really sticks.
Economic stimulus at the heart of President Barack Obama's recovery plan is on track for final votes Friday in the House and Senate after a dizzying final round of bargaining...
US lawmakers prepared Thursday to pass a $789 billion stimulus package to revive the struggling economy in a victory for President Barack Obama that some warned may have costly consequences.
Lawmakers on Wednesday urged Treasury Secretary Timothy Geithner to provide more details on how much taxpayer money the Obama administration's bank rescue plan ultimately will cost.
The Treasury Department will soon release documents providing information about the lending activities of the biggest 20 financial firms receiving government aid under the controversial program.
Timothy Geithner's debut performance as the new Treasury secretary got him booed offstage yesterday by Wall Street traders. Not for what he said but for all the things he needed to say—and didn't.
Banking leaders who benefited from a federal bailout are bringing a message of accommodation and gratitude to Congress, hoping for a better reception than the one given Treasury Secretary Timothy Geithner.
Lassie was a gorgeous Collie that was Timmy's constant companion. Trouble would befall Timmy in the first half of the show and Lassie would spend the second half saving him. Well, Timmy Geithner is on his own and there ain't no rescue coming.
Futures are essentially flat this morning, but don't kid yourself. Every comment from traders I have received this morning sings the same song: we must get government policy sorted out in the next few weeks, or the market will make new lows.
Geithner would have been better off not giving a speech until he could put real meat on the bones. What he pulled Tuesday was a classic rookie move that will further erode the public’s trust in his capabilities.