LONDON, May 20- Low-risk German Bunds fell on Monday in the wake of upbeat U.S. data last week that eased concern about growth in the world's biggest economy, but a bleak euro zone outlook was expected to limit losses.» Read More
Citirgoup announces it will significantly cut down its workforce, while pirates who hijacked a crude oil tanker off the coast of Kenya approach a Somali port. Following are today's top videos:
For the last "Invest in America" segment of another volatile (is anyone else getting tired of that word?) trading week, Cramer brings on Sandy Cutler, CEO of Eaton, one of the market's surprise stories of late. It's one of those "accidental high-yielders-companies that paid paltry yields that have been transformed into generous, juicy ones because of the massive declines in their stocks." These kinds of stories and these kinds of companies are Cramer's fave. Eaton once offered a slight 2% yield during its 52-week high of $99, but now boasts more than double that: a 4.8% yield at where the stock is trading.
Another week of volatility is over: major declines Monday through Thursday morning, followed by a huge rally Thursday afternoon, ending with a failed rally today. What's ahead next week? Cramer thinks the downside may not be over and poses a major question: if you knew there was another Lehman Brothers ahead -- the collapse of LB being the instigator for most of the financial crisis that started early this Fall -- would you buy or sell?
Spanish gross domestic product (GDP) fell 0.2 percent in the third quarter, sending the euro zone's fourth-largest economy into contraction for the first time in 15 years, the National Statistics Institute reported on Friday.
Today was a triumph of the technicals over the technological. Today was a day we touched the Dow 8,000 level -- down 20% from where Cramer last said to sell. When you hit that level, you catch buys. If you're using Cramer's strategy of buying stocks with bountiful dividends like CAT at 4.5% or Nucor at 4%, you caught a great price earlier in the day. Now you should be done buying and, as the high-yielders rally, it's time to start the selling. You can't buy again until the stock takes out your last low price and the yield's even bigger. That's the only strategy that's worked consistently in this crazy market -- stocks that bounce most have the biggest yields.
The director of the FHFA discusses a new loan modification plan that will take effect December 15 while the CEO of Hulu.com, a joint venture between NBC Universal and News Corp, discusses his business during the economic downturn. Following are today's top videos:
If you can stomach living in Alaska for 12 months, you’ll be eligible to get a check from the Alaska Permanent Fund. Every year this fund, which gets its money by taking a cut of Alaska’s oil revenues, pays out upwards of $1,000 to every citizen of Alaska.
The markets need to have more certainty with the new developing financial market structure and the new US tax structure before banks stabilize and corporations can adjust plans for 2009.
The group of euro-member countries fell into "a serious recession in September" and economic contraction will continue through next year, pushing interest rates sharply lower, Bank of America said in a research note Tuesday.
Tiger Woods discusses getting into real estate in the current market, how he feels about Obama's election and the survival of his sport in tough economic times, while American International Group's CEO comments on the company's loss of $24 billion in the third quarter and the government's bailout package. Following are today's top videos:
There’s no use trying to pretend now. The economic news that poured out last week is ample evidence that the US economy is in a recession. The headline news on the job losses told the story loud and clear and what will follow will be a steep decline in corporate profits.
Retailers are reporting some of the weakest sales in more than a decade as consumer spending dried up in October amid the uncertainty brought on by the financial crisis and mounting layoffs.
Democrats hope to solidify their thin leadership in the Senate. What do the Intrade markets show as the likelihood of a 60 seat or greater majority for the Dems? (www.intrade.com)
As we close in on the presidential election, most polls are showing Obama in the lead, as McCain still fights for the upset win. What do the Intrade markets show? www.intrade.com)
A wide range of proposals are being floated around the Capitol including a second set of stimulus checks, similar to those $600 checks that were mailed out earlier in the year.
This October could be the worst month ever for global markets. But with the month coming to an end and investors still fearful of a deep, prolonged recession, what will be the other shoe to drop? CNBC's experts weigh in.
The US economy shrank during the summer, while consumer spending dropped by the largest amount in 28 years...
Asian markets traded higher Thursday, with the Nikkei 225 Average closing almost 10 percent higher. CNBC's experts believe the index can keep climbing, while the rally in Western markets may be shortlived.
Stock markets have been boosted by rallies but investors should trade with care, experts recommend.