As they confront more troubled customers, credit card companies are doing something they have historically scorned: settling delinquent accounts for much less, the New York Times reports.
Key economic data and the dollar will weigh the heaviest on oil prices Tuesday.
Stocks logged their worst day in a month Monday as a key manufacturing gauge came in weaker than expected and the dollar made a comeback.
Both the Dow and S&P 500 tumbled Monday, marking their worst slide in a month, after manufacturing data and a commodities sell-off dragged down investor sentiment.
It sounds too good to be true: For just $10, you can become the owner of $3 million mansion. What's the catch? Click here to find out!
This regional outfit has the potential for tremendous upside, the Mad Money host says.
The Dow eked out a gain Friday, bumping it into positive territory for the year, as Bank of America shares rallied. But techs, energy and commodities retreated as crude oil dropped to around $72 a barrel.
Stocks opened lower Friday as crude oil dropped below $71 a barrel and banks dragged after Bank of America lowered its outlook for the sector.
Floor trading resumed at the New York Stock Exchange after a computer glitch knocked out trading in 242 stocks around midday.
Stocks opened lower on Friday as crude oil dropped below $71 a barrel and banks dragged after Bank of America lowered its outlook for the sector. Export prices rose 0.6 percent in May, while import prices jumped 1.4 percent, mostly due to a surge in gasoline prices. Read and listen to what the experts had to say...
With money rotating out of tech and energy are these two scorching sectors starting to cool down?
After Thursday's strong 30-year Treasury auction, Friday saw reports of rising consumer confidence. What does this mean for the stock market? Art Cashin, UBS Financial Services director of floor operations, offered CNBC his insights.
Although the Dow closed at its highest level since January 6th, Tony Dwyer, equity market strategist with FTN Equity Capital Markets, isn't convinced a recovery is imminent. But for David Kelly, chief market strategist with JPMorgan Funds, it's a sign the "economic fog" is starting to clear.
It's accepted wisdom that government and business are like oil and water; the two don't mix—never have, never will.
New highs brings little excitement. The S&P 500 and the NASDAQ are sitting at highs for the year, but why doesn't it feel like it? Is it the light volume, the low volatility?
The Nasdaq's 50-day moving average crossed over its 200-day moving average last week. Expect the same for the Dow and S&P in the days ahead.
It isn’t the CEO’s visit to Capitol Hill, by the way. Find out why this stock may be the market’s most compelling buy.
After stocks took a quick dip following the latest Treasury auction, markets resumed their ascent on Thursday. At first glance, the auction results sent investors out of stocks and into the relative safety of bonds; but after further consideration, they jumped back into stocks. Read and listen to what the pros had to say…
Stocks racked up gains across a wide range of sectors on Thursday, boosted by rising commodity prices, improving labor market conditions, and a pullback in Treasury yields.
In answers to questions about the deal in the days following its announcement, Lewis defended the price BofA agreed to by saying the firm viewed Merrill as a world class asset that competitors might try to swoop in and buy and so BofA needed to pay a sufficient price to lock it up.