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Stocks declined on Friday as investors shrugged off a surge in consumer sentiment, instead focusing on the fact that consumers are saving their money at a feverish pace. In another encouraging sign for the economy, KB Home reported a wider-than-expected loss but said that the housing decline is moderating. So are the “green shoots” back? Experts discussed the above and more…
Futures pointed to a lower open for Wall Street Friday, despite the fact that stocks in Asia and Europe rallied on the back of higher commodities and metals prices.
Brunswick has rallied 15 percent in three days, causing one big investor to bet that the debt-laden speedboat maker may have run too far.
Investors should look to buy into banks that don’t need to raise further capital, but avoid those that do, Clem Chambers, CEO of ADVFN, told CNBC Friday.
Global stocks rose on Friday as metal and oil prices gained. Experts tell CNBC the rally still has legs and it's time to buy, buy, buy.
Shares in British Airways, which struck a deal with thousands of workers to either work for free for a month or accept pay cuts and unpaid leave to pull the flag carrier, shot up nearly 3 percent in London Friday.
Stocks had their best day in three weeks as markets enter the home stretch to the quarter end.
Stocks had their best day in weeks Thursday after solid demand for another Treasury auction and encouraging earnings reports from retailer Bed, Bath & Beyond and homebuilder Lennar.
Barclays Capital released a report in March for the third quarter saying there are 'green shoots' in the US economy. Larry Kantor, head of research at Barclays Capital told CNBC the reasons behind the thinking.
Question: As a self-employed empty nester, what advice can you give to starting our retirement nest egg at this late date? My husband and I are both in our early 50’s. We would like something simple that we can contribute small ($50) amounts to at a time.
Wall Street strategists and economists are trying to grapple with the direction of the U.S. recovery. AND whatever direction it takes…there’s a growing consensus that the market is bound to stay in a trading range.
Stocks briefly lost a little bit of steam as Fitch downgraded the state of California's long-term general obligation bond rating to "A-" from "A" and placed the bonds on Rating Watch negative "based on the magnitude of the state's financial and institutional challenges and persistent economic and revenue weakening."
Fed Chairman Ben Bernanke testified in front of a House Committee Thursday that he did not put pressure on Bank of America to close the takeover of Merrill Lynch. Unemployment numbers released are showing a weak job market and GDP growth is still in a decline. Read and watch what the pros say...
One of the new terms to come out of the recession is “green shoots.” I couldn’t help but think about that yesterday as the Fed released its latest statement about the economy and said it would leave interest rates unchanged.
The state of oil and the financial mess n California are on the minds of two analysts. Peter Kenny, managing director of Knight Equities and David Lutz, managing director at Stifel, Nicolaus Capital Markets recommended the following picks.
Stocks rebounded Thursday as an unexpected profit from Bed, Bath & Beyond buoyed consumer stocks — and hopes for an economic recovery.
Stocks have been quietly moving to the upside all morning...the general take is that despite vigorous questioning Mr. Bernanke is holding up well in his principal claim: that he did not threaten action against Bank of America CEO Ken Lewis or the bank's board if they abandoned the Merrill takeover, and more importantly insisted that his actions helped avert a global economic meltdown.
Washington blessed them as a way to put your 401(k) on automatic pilot and glide safely toward retirement. But popular target-date mutual funds have badly missed the mark - and now regulators are asking why.
Stocks rebounded Thursday after a lower open as weekly jobless claims came in higher than expected.
Ben Bernanke's 10 AM ET testimony dominates trader talk this morning, and as one trader observed, "Nothing good will come from this."