Data from Cardlytics show that last-minute shoppers dominate Christmas spending, so we can't obsess over these early statistics.» Read More
Wall Street and the private sector already have begun dealing with this morass on their own, if only the President and Treasury Secretary Timothy Geithner would take heed.
Wells Fargo drew heavy put activity yesterday (Wednesday), as its stock hit a new 52-week low in intraday trading. By midafternoon more than 460,000 contracts had changed hands, more than twice the 20-day average volume...
The S&P Financials Sector is now down over 35% YTD and ~70% in the past 12 months. Given this continued drop, here is a look at how the short interest in these beaten companies has changed over time.
Stocks could see a volatile Thursday after Wednesday's relative calm with traders anxious to see if the market will pierce its lows.
Wall Street talking heads got you baffled? Cramer debunks 10 myths to help you separate fact from fiction.
Once it was almost a dirty word, but it seems more people are throwing their support behind bank nationalization. And more of them are Republicans!
On Wednesday the White House unveiled its new plan to help homeowners on the brink. We’ve got the details – now will it work?
The Dow eked out a gain on Wednesday which kept the index from breaking through the November 20 bear market low.
Stocks limped to the finish line Wednesday as broad strokes on the bank plan from Bernanke failed to comfort the market.
The new Obama housing plan is going to give a break to those who least deserve it: people who bought more house than they can afford. It will reward those who made all the wrong decisions.
If the freefall in shares of bank stocks is keeping you up at night, one company has a solution: Put your money in your mattress. Literally.
Japan's Nikkei is at risk of falling back to a 26-year low. Could we find ourselves in the same boat unless we do something about banks, and fast?
Stocks tumbled to November levels Tuesday as investors faced a fresh sign of the deepening recession and dilution worries gnawed at bank stocks. Wal-Mart was the lone gainer on the Dow after the retail giant beat earnings expectations.
Instead of asking what Warren Buffett has been buying, we should have been wondering what he's been selling. Berkshire Hathaway's stock portfolio snapshot for the end of the fourth quarter reveals its holdings in Johnson and Johnson have been slashed by more than half.
As we are getting close to the November 2008 lows, here are some key dates for for each of the major indices, both on a closing and intraday basis.
Carlos Slim is not interested in buying Banamex, according to someone familiar with his thinking. A crown jewel of the Mexican financial system, Banamex is said to be reluctantly for sale by Citigroup, under pressure to raise capital.
Stocks fell sharply in the final minutes of trading as investors continued to pound bank stocks. All three major indexes were trapped in a yo-yo pattern today, pulled by gains in techs and losses in banks.
Stocks opened slightly lower Friday, led by banks after British bank Lloyds posted a bigger-than-expected losses.
Stocks staged a comeback in the final hour of trading Thursday following news that the Obama administration is mulling a new plan to subsidize mortgage payments for homeowners in jeopardy. In other words, the market finally got what Treasury Secretary Geithner failed to deliver: Details.
Harriet wants to know, “since consumer discretionary is historically one of the earlier sectors to turn after a recession when should investors start getting long?”