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  • California Struggles to Cover Delayed Payments Tuesday, 3 Feb 2009 | 3:21 PM ET

    Financial institutions in California are offering short-term help to customers not getting paid by the state. The state is holding back $3.3 billion in payments, including nearly $2 billion in income tax refunds, as it deals with a cash crisis and no budget solution.

  • Ford

    Ford reported January sales dropped 42 percent, which is far worse than the estimate on Wall Street of a decline of 31 percent. On the surface, this would appear to support concerns that the auto market has not stabilized. I'm not sure that is a fair conclusion. Here's why.

  • Job Cuts Keep Coming—Is Your Firm On the List? Tuesday, 3 Feb 2009 | 11:57 AM ET

    Another day, another round of corporate layoffs.  Liz Claiborne and PNC Financial Services became the latest companies to announce job cuts on Tuesday

  • Stocks Yo-Yo Amid Home-Sales Revival Tuesday, 3 Feb 2009 | 11:41 AM ET

    Stocks had a topsy-turvy morning as investors digested a revival in pending-home sales and an earnings beat from Merck against some gloomy news out of the tech sector.

  • Crescenzi: Seeing Better Days Ahead Tuesday, 3 Feb 2009 | 11:12 AM ET
    Tony Crescenzi

    If the news flow turns, so will perceptions about the economy and the behavior of the financial markets, says bond expert Tony Crescenzi.

  • Busch: Global Actions to Stem the Tide Tuesday, 3 Feb 2009 | 10:35 AM ET

    As the global economy continues to drastically shrink, nations are aggressively pursuing policies to ease monetary conditions, stimulate the economy, and generate liquidity for their banking systems, says Andrew Busch.

  • January Auto Sales: Expect Cold Numbers Tuesday, 3 Feb 2009 | 10:00 AM ET
    Auto Sales Drop

    Strange as it sounds, January auto sales could wind up being worse than the dismal numbers we saw in December. While that may lead some people to think the auto market and consumer are getting weaker, the reality could be far different.

  • Futures Turn Course as Merck Surprises Tuesday, 3 Feb 2009 | 8:14 AM ET

    US stock index futures struggled to find direction ahead of the open Tuesday, following a mixed close for stocks Monday, as investors feared the government stimulus plan may not provide the catalyst they hoped for.

  • Pros Say: Bad News Is Good for the Dollar Tuesday, 3 Feb 2009 | 6:41 AM ET

    The dollar is making broad-based gains as the flurry of bad news currently buffeting markets sends investors looking for safe-havens. Even delays to the Obama administration’s near $900 billion stimulus package could boost the greenback further, one analyst told CNBC. Get the latest investment advice from the experts on CNBC, below.

  • Sweden Unveils $6 Billion More for Banks Tuesday, 3 Feb 2009 | 6:01 AM ET

    Sweden's government says it is ready to inject 50 billion kronor ($6 billion) into the nation's banks in a fresh bailout initiative designed to boost lending to Swedish companies hurt by the credit crunch.

  • Chinese Start Investing More Money Abroad Tuesday, 3 Feb 2009 | 4:52 AM ET

    As Chinese citizens are starting to send more money out of the country, foreign investors are pulling money out too, and slowing the pace of new investment.

  • Dow Slides Into February; Techs Gain Monday, 2 Feb 2009 | 5:16 PM ET

    Stocks started off February mixed as banks took a hit from worries about the so-called "bad bank" plan, while techs got a boost from anticipation that they will benefit from government spending on tech and telecom infrastructure.

  • A closer look at the huge package of spending measures and tax cuts shows that many special items still got inserted into the measure

  • More Layoffs Announced—Is Your Firm On the List? Monday, 2 Feb 2009 | 3:34 PM ET

    A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan, while a big Wall Street firm has further job cuts in store, according to reports.

  • Stocks Falter Amid Worries About Stimulus Monday, 2 Feb 2009 | 2:28 PM ET

    Stocks started February in the red amid worries about the fate of the stimulus plan and the economy but pared their losses after a better-than-expected reading on the manufacturing sector.

  • Obama to Target CEO Pay Ahead of 'Bad Bank' Plan Monday, 2 Feb 2009 | 1:47 PM ET

    The Obama administration indicated that it will not unveil new measures to aid the financial industry until next week but will move first on the issue of Wall Street bonuses and executive compensation.

  • More Layoffs Announced—Is Your Firm On the List? Monday, 2 Feb 2009 | 1:28 PM ET

    A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan and the economy.

  • Stocks Falter Amid Worries About Stimulus Monday, 2 Feb 2009 | 12:10 PM ET

    Stocks started February in the red amid worries about the fate of the stimulus plan and the economy but pared their losses after a better-than-expected reading on the manufacturing sector.

  • Today is the day Californians begin to personally feel the pain of the state's massive budget gap. As Gov. Arnold Schwarzenegger and top legislative leaders continue to meet behind closed doors to hammer out a plan covering the current $16 billion gap—projected to grow to $42 billion by June, 2010—the state controller is delaying $3.5 billion in payments to conserve cash.

  • Hollywood Booms In January Monday, 2 Feb 2009 | 11:32 AM ET

    Despite the deepening recession, Hollywood is bucking the trend and actually breaking records on the upside.

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