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Watching the Senate hearings on Goldman Sachs is both educational and entertaining. I call it a "rumble" for rich white guys.
The point was made, yet again, that the lack of regulation played a pivotal role to the bad actions in this and other markets.
Stocks opened lower on Tuesday amid jitters about the Federal Reserve's two-day policy meeting. What should investors expect going forward? Joseph Balestrino, senior VP, portfolio manager and fixed income market strategist at Federated Investors, shared his insights.
U.S. stocks weakened today as European indices headed south. Those European indices, which were weak all morning, weakened further about 11am ET, upon hearing that Portugal's long term sovereign credit ratings were lowered by S&P to A- from A+.
Will Fortune 500 companies continue to do business with the Wall Street giant?
The Senate hearings start off with tough questioning about what Wall Street owes its clients.
With all eyes trained on the financial-regulation bill and the Goldman Sachs hearings, I’d like to keep hope alive by focusing attention on the V-shaped recovery.
As the financial giant defends itself against the SEC civil suit, does the firm have a responsibility to admit any wrong doing, whether legal or illegal?
Texas Instruments posted higher-than-expected quarterly results on Monday after the bell. Does the stock have further room to run? Adam Benjamin, managing director at Jefferies & Company shared his insights.
Stocks pared their losses Tuesday after a report showed consumer confidence rose to its highest level since September 2008.
International stocks are weaker this morning. Greece stocks are infecting Portugal and Spain (both down more than 2 percent). China's Shanghai Composite Index is down another 2 percent, to the lowest levels since October last year, as they have been tightening rules on property borrowing recently...
As Goldman Sachs faced investigation and Democrats and Republicans battle over financial regulation in the house it appears hedge funds are thriving despite the threat of more stringent rules.
The bailout of Greece has stirred ferocious debate and fallout in Germany, which has an election shortly.
Traders were snapping up calls in McAfee yesterday ahead of its earnings report this week amid rumors that the company might be a takeover target.
U.S. stock index futures edged lower ahead of the open Tuesday as the Federal Reserve prepared to start its two-day policy meeting and Goldman Sachs CEO Lloyd Blankfein is scheduled to appear before Congress.
Gold is "the only currency" worth investing in as it is a good hedge against the eurozone's fiscal troubles, said Mathew Kaleel, co-founder & portfolio manager, H3 Global Advisors.
The spectacle of Goldman Sachs executives being grilled before a Senate committee—and the potential bite of regulatory reform—could keep pressure on financial stocks.
Is there a tougher businesss to be in than construction in the U.S.? Still, Eagle Materials, which makes concrete, cement and wallboard, reported earnings ahead of expectations — a gain of 4 cents, better than the loss of 3 cents expected. The good and bad news..?
The Dow erased nearly all of its gains Monday, dragged down by the financial sector amid worries about financial reform. Caterpillar led the Dow's gainers, up more than 4 percent.
Goldman Sachs has lost much of the edge it had over competitors due to recent fraud charges and its stock should be avoided, analyst Meredith Whitney told CNBC.