Stocks Bank of America Corp

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    The Obama administration indicated that it will not unveil new measures to aid the financial industry until next week but will move first on the issue of Wall Street bonuses and executive compensation.

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    A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan and the economy.

  • Stocks started February in the red amid worries about the fate of the stimulus plan and the economy but pared their losses after a better-than-expected reading on the manufacturing sector.

  • While investors hoped that a new year would bring better results, a plethora of downbeat earnings reports, poor corporate outlooks, gloomy economic data, and heightened concerns over the health of many large financial firms plagued the markets in January.

  • US stock index futures pointed to a further slump at the open Monday as investors braced for another round of dire economic indicators along with the next batch of corporate earnings. 

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    The Obama administration will not unveil new measures to aid the financial services industry this week as had been expected. Instead the issue of Wall Street bonuses and executive compensation will be addressed, an industry source says.

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    The Obama administration and financial industry representatives are discussing  new terms on lending transparency and executive compensation for companies receiving financial aid with an announcement likely this week.

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    The Obama administration and financial industry representatives Saturday discussed a wide range of measures to ease the credit crunch for homeowners and business, including a so-called 'bad bank' component to buy toxic assets.

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    Talks continue between the Obama administration and financial industry representatives over a so-called 'bad bank' plan to buy toxic assets.  An announcement is likely late next week.

  • Listen up, Mr. President. Cramer's got a plan for the banks. Plus, survival strategies for investors.

  • Stocks declined as uncertainty about the government's so-called "bad bank" plan rattled the market.

  • "As goes January, so goes the year" is a common adage on the street.  If that is the case, we are in for a tough rest of the year for the markets.

  • Stocks retreated after an early pop from a better-than-expected GDP report as anxiety over the foggy forecast got the best of the market.

  • The new president's jab at Wall Street CEOs may have given their investors a hint of what's to come.

  • Stocks retreated after an early pop from a better-than-expected GDP report as anxiety over the foggy forecast got the best of the market.

  • Government Bailout

    A 'bad bank' is necessary, but major banks still have to be taken over and gutted, Ken Rogoff told CNBC.com in Davos.

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    OK, so John Thain's not exactly your average, run-of-the-mill executive, but that doesn't mean there aren’t a few things we can all learn about the fine art of management from the recently deposed head of Merrill Lynch, right?

  • Futures bounced up and down Friday as investors tried to make sense of a report that showed the economy shrunk less than expected in the fourth quarter.

  • Stocks snapped their winning streak Thursday, sliding at the open as investors cashed in their bank chips.

  • President Barack Obama's stimulus plan makes strange bedfellows.