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  • Maybe John Thain Should Get That Bonus Wednesday, 10 Dec 2008 | 12:50 PM ET

    Here's Michelle's guest blog on why Thain should be rewarded for shepherding Merrill Lynch through an awful year, as the company was eventually taken over by Bank of America.

  • Where the Layoffs Are—Is Your Firm on the List? Tuesday, 9 Dec 2008 | 1:49 PM ET

    Sony became one of the latest companies to announce layoffs in attempt to rein in costs and weather the weak economy.

  • Stock Picker: Time To Re-Board Financials Tuesday, 9 Dec 2008 | 11:46 AM ET

    Jeffery Harte of Sandler O'Neill says it's time for investors to stop shunning financials. See his top stock picks.

  • Busch: Blaming Banks Wrong Way To Go Tuesday, 9 Dec 2008 | 9:57 AM ET
    Andrew Busch

    With the economy in a recession and massive jobs cuts seemingly announced daily, the public and government officials are searching for answers. Unfortunately, they are also looking to assess blame for the mess.

  • Dow Gains 3.5% but Ends Below 9,000 Monday, 8 Dec 2008 | 5:09 PM ET

    Stocks advanced Monday, but ended off session highs, as hopes for an auto bailout and action by world governments helped offset the grim reality of a fresh wave of layoffs.

  • Where the Layoffs Are—Is Your Firm on the List? Monday, 8 Dec 2008 | 3:46 PM ET

    Further layoffs on Monday from big market names, including a component of the Dow Jones Industrial Average an American business icon, added to employment gloom.

  • Stocks Rally, Led by Autos, Financials Monday, 8 Dec 2008 | 3:18 PM ET

    Stocks continued to rally Monday as hopes for an auto bailout and action by world governments helped offset the grim reality of a fresh wave of layoffs.

  • Stocks Rally as Stimulus Plans Stir Hope Monday, 8 Dec 2008 | 11:30 AM ET

    Stocks continued to rally Monday as hopes for an auto bailout and action by world governments helped offset the grim reality of a fresh wave of layoffs.

  • Need A Job? You Might Have To Think North Dakota Monday, 8 Dec 2008 | 9:51 AM ET

    So now we know. We are in the 12th month of a nasty recession, we have lost billions in net worth, and we have lost at least a couple million jobs in 2008.

  • Futures Rally on Auto Bailout, Global Action Monday, 8 Dec 2008 | 8:06 AM ET

    Growing hopes of a federal bailout for the auto industry and increased action by world governments to stem the global recession pushed stock index futures higher Monday.

  • Dow Ends Topsy-Turvy Week Down 2.2% Friday, 5 Dec 2008 | 6:22 PM ET

    Stocks shot up like a rocket in the final hour of trading, shrugging off earlier losses triggered by the biggest monthly job loss in 34 years and the highest percentage of delinquent mortgages on record.

  • Jobs Numbers:  Breakdown by Sector Friday, 5 Dec 2008 | 8:55 AM ET

    The latest overall job loss numbers showed a loss of 533,000 jobs in November and the unemployment rate climbed to 6.7%.  This is the highest drop in nonfarm payrolls since 1974 and the highest unemployment rate since October 1993.  The October payroll numbers were revised to a loss of 320,000.  Here is a breakdown of where the job losses were as well as which sectors were adding jobs.

  • Where the Layoffs Are—Is Your Firm on the List? Thursday, 4 Dec 2008 | 9:32 AM ET

    The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • The Plaxico Burress Good Judgment Award Wednesday, 3 Dec 2008 | 7:02 PM ET

    With solid decision-making like that, any recipient should be honored.

  • Oil Likely to Remain at $50, But Don't Celebrate Yet Wednesday, 3 Dec 2008 | 10:09 AM ET

    Oil prices are expected to stay around $50 a barrel through next year, but that may not give much of a boost to consumer spending, the economy or stocks.

  • Futures Point Lower as Economy Weakens Wednesday, 3 Dec 2008 | 8:46 AM ET

    Stocks were set to give back some of their sharp gains from Tuesday's session but were off their morning lows after data showed a sharp increase in mortgage applications last week.

  • BofA and Merrill Job Cuts Could Now Reach 30,000 Wednesday, 3 Dec 2008 | 4:46 AM ET

    Bank of America could end up cutting 30,000 jobs as it moves to absorb Merrill Lynch, three times as many as previously estimated, sources told CNBC

  • Stocks Rally to the Finish Line Tuesday, 2 Dec 2008 | 4:41 PM ET

    Stocks rallied Tuesday as investors scooped up bargains and were encouraged by news that General Electric will keep its dividend intact.

  • Stocks Rebound Amid Bargain Hunting Tuesday, 2 Dec 2008 | 2:33 PM ET

    Stocks rose sharply Tuesday as investors scooped up beaten-down stocks after the prior session's selloff that saw the Dow give back 700 points.

  • The Investor "Revolt" Over Modified Loans Tuesday, 2 Dec 2008 | 1:18 PM ET

    I’m actually surprised it took this long. As more and more banks announced they were getting more and more aggressive on loan modifications, it seemed the investors in these loans were being just a little too silent.