Meg Whitman will be the CEO of Hewlett-Packard Enterprise, the forthcoming computing and networking company. Re/code reports.» Read More
Following are the week’s biggest winners and losers. Find out why shares of Boeing and Ford popped while Honeywell and Google dropped.
Investors are looking for reasons to sell.
Layoffs, pay cuts—nobody wanted to focus on them. But they are returning. Caterpillar announced a lower than expected revenue; Verizon will cut 13,000 jobs, and Boeing spacer is cautious about 2010. And amidst all this, The Wall Street Journal advises us to stay happy.
U.S. stocks are on track to break a 10-month winning streak this month, closing January 2010 with their worst monthly performance since February 2009.
Cramer gives investors advice on how to handle restrictive lending in China.
The Federal Reserve left interest rates near zero and the decision to hold rates was 9-1, with Kansas City Fed President Thomas Hoenig dissenting because he wanted the central bank to eliminate a phrase vowing to keep rates exceptionally low for an extended period. Bill Gross, co-CIO and founder of Pimco shared his analysis.
Lots of market moving events today: the Apple show, President Obama's State of the Union speech, conclusion of the FOMC meeting, the Geithner hearings. Traders are hopeful the President will focus on the economy and job creation, and tone down the populism. Traders are less optimistic that anything good will come from The Geithner Witch Hunt, as some are calling the hearings...
Stocks eked out a gain Wednesday as the debut of Apple's iPad tablet computer energized tech stocks and financials rebounded amid relief that the Fed's statement offered no surprises.
Markets opened lower on Wednesday as investors were disappointed with some earnings outlooks—but edged up after the Fed's lukewarm statement. What should investors expect from stocks going forward? David Kotok, chairman and CIO of Cumberland Advisors and John Burns, founder and CEO of Burns Advisory Group shared their views.
Stocks continued to slide Wednesday after the Fed left the "extended period" language in their statement, referring to how long they will leave interest rates low. Stocks had already been trading lower after some disappointing earnings outlooks.
Robert Prechter, president of Elliot Wave International, reportedly predicted the 1987 stock market meltdown. Now he's warning that we're in a new bear market — and this might be investors' last chance to get out while the Dow is in quadruple digits. Prechter explained his thinking to CNBC.
Stocks had a weak open Wednesday as investors were disappointed with some earnings outlooks and waited for the Federal Reserve's statement this afternoon. Stocks slipped further into the red after a report showed new home sales unexpectedly unexpectedly fell last month and as the House hearing on AIG began.
Stock index futures pointed to a lower open for Wall Street Wednesday, with investors looking for news both from companies reporting earnings and from economic leaders gathered for the World Economic Forum in Davos.
What follows is a roundup of corporate earnings reports for Wednesday, Jan. 27.
General Motors Chairman and acting Chief Executive Ed Whitacre will take the CEO role on a permanent basis, CNBC has learned.
So far, nearly 20% of the S&P 500 has reported and 78% of those companies have beaten estimates—but stocks ignored the positives this week.
Plus, Mad Money’s stock strategies to sidestep the administration’s agenda.
Cramer makes the call on viewers' favorite stocks.
The latest overall job loss numbers showed a loss of 85,000 jobs in December and an unemployment rate remaining at 10.0%. The November and October numbers were revised as well. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
Following are the day’s biggest winners and losers. Find out why shares of Bank Of America and the airlines popped while Hot Topic and GameStop dropped.