These companies will tell us whether or not Monday’s rally was real.
Stocks rocketed higher Monday as investors cheered details of the government plan to mop up toxic assets from banks' balance sheets.
The economy may be headed toward a recovery sometime in the third or fourth quarter, said Hugh Johnson of Johnson Illington Advisors.
Stocks shot out of the gate Monday as investors cheered details of the government plan to mop up toxic assets from banks' balance sheets and after a better-than-expected housing report.
US stock index futures pointed to a higher open for Wall Street Monday as investors were eager for details of a plan to buy toxic assets by the government.
Stocks ended a strong two-week run with a thud Friday as financial stocks took a beating and weakness seeped into other sectors.
It seems the tensions between Wall Street and Washington are nearing the boiling point. And it could be one nasty explosion.
The show has changed a lot over the years, but its essence has always been the same: empowering investors like you.
Stocks were mixed Friday after a strong two-week run as financial stocks continued to struggle as some investors locked in profits. Still, Wall Street could close with its first string of consecutive positive weeks in nearly a year.
The A.I.G. executive who was nicknamed “Jackpot Jimmy” by a New York tabloid walked up the driveway toward his bay-windowed house in Fairfield, Conn., on Thursday afternoon. "How do I feel?” said the executive, James Haas, repeating the question he had just been asked. “I feel horrible. This has been a complete invasion of privacy," the New York Times reported.
Beleaguered financial stocks have been on a roll lately. Last week, executives from Citigroup, Bank of America and JPMorgan Chase said their banks were profitable in the first two months of the year.
The Dow fell on Thursday largely due to concerns that the Federal Reserve's latest efforts to battle the recession are too costly and untested...
Gold, oil and other commodities got a huge boost from a weaker dollar, while stocks drifted lower amid uncertainty about the long-term impact of the Fed's decision.
Stocks slid in the final hour of trading Thursday as investors were initially encouraged by efforts by Citigroup to boost capital but started cashing in some profits, particularly in sectors that have seen big runups like financials.
Brian Moynihan, who replaced former Merrill Lynch chief John Thain as head of the investment banking subsidiary, has made what one person at Merrill described as an "emergency trip" to Merrill's London office. The reason: to stem a possible flood of defections of investment bankers, including the head of the international investment bank, Andrea Orcel.
Stocks skidded Thursday as investors were encouraged by efforts by Citigroup to boost capital but started cashing in some profits, particularly in sectors that have seen big runups like financials.
FDIC Chairman Sheila Bair told Congress a new system of supervision that prevents institutions from taking on excessive risk and becoming so large their failure would threaten the financial system is needed.
Stock index futures pointed to a slightly lower opening Thursday, a characteristic pattern following the previous session's rally.
The Mad Money host offers words of encouragement at this critical juncture in our country’s economic history.
Stocks leapt higher on Wednesday after the Fed surprised Wall Street and said it will buy long-term Treasury bonds for the first time in four decades...