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  • Dow Sheds 2% as Credit Jitters Rattle Financials Monday, 25 Aug 2008 | 5:20 PM ET

    Stocks declined Monday, led by financials, as investors waited for some resolution on Fannie Mae, Freddie Mac and Lehman Brothers following rampant speculation last week.

  • Oil's Advance Weighs on Stocks Monday, 25 Aug 2008 | 10:36 AM ET

    Stocks declined Monday as oil prices ticked higher. Volume is expected to be low this week as the summer winds down.

  • Indiana Sues Countrywide Over Lending Practices Monday, 25 Aug 2008 | 6:41 AM ET

    Indiana has sued Countrywide Financial, becoming the latest state to take the mortgage lender to court over its lending practices.

  • Lehman Woes: Sorry, White Knight Is No Answer Friday, 22 Aug 2008 | 1:55 PM ET

    The bottom line on Lehman Bros.: All the talk about a possible investment in Lehman from Korea Development Bank -- or anyone else -- is really beside the point. The reason Lehman has dramatically underperformed even its poorly performing peers this year is the large exposure they have to the worst performing parts of the market.

  • BofA, JPMorgan Best Bets for Banks: Analyst Thursday, 21 Aug 2008 | 8:50 PM ET

    If you're going to risk investing in financials, invest in the ones that are assured to survive the credit fallout. Your best bets -- Bank of America and JP Morgan Chase, a strategist told CNBC's Asia Squawk Box Friday.

  • Options Take Action on Banks and Amylin Thursday, 21 Aug 2008 | 8:30 AM ET

    The options market continues to boil on the outlook for the financial sector and market volatility in general, according to Rebecca Darst of Interactive Brokers. And one pharamceutical company is drawing attention as well.

  • Fast Message - Your Questions About Lehman & More Wednesday, 20 Aug 2008 | 9:43 PM ET

    Mark writes, “Does Soros’ purchase of 9.5 million shares of Lehman make you more bullish on this name?”

  • Dow Ends Higher as Banks Eke Out Gains Wednesday, 20 Aug 2008 | 5:15 PM ET

    Major U.S. indexes ended a choppy session higher, helped by a late rally in banks and better-than-expected results from Hewlett-Packard.

  • Goldman Slashes Banks - Skewers Lehman Tuesday, 19 Aug 2008 | 8:57 PM ET

    After hours Tuesday Goldman Sachs slashed its earnings outlooks for some of its major rivals however it's the Lehman downgrade that has the traders most concerned.

  • Bove's Financials Note: How Bad Will It Get? Tuesday, 19 Aug 2008 | 11:37 AM ET

    On a day when financials are again weak, Richard Bove at Ladenburg Thalman provided his clients with a long (70 pages!) note outlining the problem with the banking industry.

  • Bullish on Commodities -- AND Banks! Tuesday, 19 Aug 2008 | 10:46 AM ET

    Short-term, buy commodities; but hold those financials for a fourth-quarter recovery. So says King Lip, portfolio manager at Baker Avenue Asset Management. He explained his investment strategy to CNBC -- and offered his top stock picks.

  • PPI Hits 27 Year High Tuesday, 19 Aug 2008 | 9:33 AM ET

    The growth of the Producer Price Index is now at levels not seen since 1981.  Here is a breakdown of the inflation benchmark to show you where costs are rising most.

  • Dow Flirts With Bear as Financials Drag Monday, 18 Aug 2008 | 5:20 PM ET

    The Dow shed 1.6 percent, putting it dangerously close to bear territory, as a fresh wave of worries about fallout from the mortgage crisis slammed financials.

  • Stocks Fall Sharply Amid Fresh Financial Worries Monday, 18 Aug 2008 | 2:47 PM ET

    Stocks opened mixed Monday as oil retreated and geopolitical concerns eased but financials suffered from a fresh wave of concerns.

  • Highest Yielding Stocks On The Dow Monday, 18 Aug 2008 | 9:30 AM ET
    A Bank of America branch.

    Do you believe that financials, pharma and telecom can maintain through an economic downturn? If so, you might want to take a look at the Dow Industrials where some of the largest companies in the world are currently offering investors notably large dividend yields.

  • For the week ending Friday, August 15, 2008,  U.S. major Indices finished mixed, after the markets digested negative results including a surge in CPI, a decline in retail sales, and continued expansion in unemployment claims.  The Nasdaq Composite prevailed amongst the major U.S. indices, as it edged up 1.59% for the week, marking its fifth week of gains.   Nasdaq gains were led by bullish comments on Amazon (AMZN) which gained 7.3% for the week.  The likelihood of the eurozone moving toward recession allowed for a stronger dollar against the euro, continued pressure on oil, and a positive impact on U.S. stocks as a potential safe haven.

  • Judge Rejects Countrywide Settlement Friday, 15 Aug 2008 | 9:51 AM ET

    A federal bankruptcy judge has rejected a settlement involving Countrywide Financial, saying he wasn't convinced it was fair to nearly 300 borrowers allegedly hurt by the mortgage lender's abusive practices.

  • Oil Drops, Dow Pops Thursday, 14 Aug 2008 | 8:53 PM ET

    Stocks rose on Thursday as another decline in the price of oil buoyed hopes that consumer spending will recover. Also financial shares bounced back from a sharp two-day sell-off.

  • Warren Buffett's Berkshire Hathaway has added a new stake in NRG Energy, according to a just-released portfolio 'snapshot' of its holdings in U.S. publicly-traded stocks as of June 30.  A sharply reduced stake in Anheuser-Busch may have been a bet that InBev's initially unsolicited offer for the U.S. brewer would prove to be unsuccessful.  Conoco-Phillips data is kept "confidential."

  • Who's Settled, Who Hasn't in Auction-Rate Probe Thursday, 14 Aug 2008 | 4:25 PM ET

    Various state regulators and the U.S. Securities and Exchange Commission are investigating whether banks and brokerages that underwrote auction-rate securities—a $330 billion market of long-term debt whose yields reset through weekly or monthly auctions—falsely or fraudulently told clients that the securities were as safe and as liquid as cash.