The People's Bank of China (PBoC) eased short-term borrowing costs for banks on Thursday, a "strong signal" that a rate cutting cycle is near.» Read More
Stocks closed out a tough quarter on a positive note, helped by gains in technology and big banks.
Tuesday: Consumer confidence squeaked above its record low. Ford announced an incentive program -- covering payments if a buyer is laid off -- similar to Hyundai's. GM's new CEO Fritz henderson said bankruptcy is possible within 60 days. J.P. Morgan said global banks will write down $17 billion more. CNBC heard from experts who said retail looks less scary, housing is finally coming back — but warned that inflation could be "kryptonite" for bonds.
US stock index futures pointed to a higher open Tuesday, following a sharp decline in the previous session as investors digested the Obama administration’s tough stance on General Motors and Chrysler.
April 2nd could be remembered as a pivotal day in the financial crisis. That’s when regulators could decide whether to relax mark-to-market accounting rules.
Following are the week’s biggest winners and losers. Find out why shares of Caterpillar and Hewlett-Packard popped while Dynegy and Accenture dropped.
Following are the day’s biggest winners and losers. Find out why shares of Raytheon and Red Hart popped while Wells Fargo and Yahoo! dropped.
Stocks rallied for a second straight day on Thursday on increasing optimism that the economy's worst days are over.
The desire of many banks to give back TARP money—and the lack of a process to do so—is again a topic of converstation on trading desks this morning.
Following are the day’s biggest winners and losers. Find out why shares of JPMorgan and CME Group popped while H&R Block and Harris Corp dropped.
Britain's tax office said Tuesday it is investigating claims by a whistleblower that Barclays, the country's third largest bank, has allegedly been planning to dodge taxes.
Following are the day’s biggest winners and losers. Find out why shares of Barclays and DuPont popped while Pfizer and General Motors dropped.
With the stock market unable to hold gains Monday, investors are wondering if the recent rally has any more room to go. One analyst suggests it's only just begun.
Stocks snapped their winning streak Monday after American Express reported that credit-card deliquencies rose in February. Techs were particularly weak amid worries about tech spending.
Stocks advanced Monday as banks continued their winning streak and Federal Reserve Chairman Ben Bernanke's weekend remarks that the recession could end this year fueled some optimism. But weakness in big-name techs dragged on the Nasdaq.
Stocks opened higher Monday as banks continued their winning streak and Federal Reserve Chairman Ben Bernanke's weekend remarks that he expects the economy to start recovering next year spurred optimism.
Bernanke is scoring big points on Wall Street for his 60 Minutes interview last night - his belief that the recession may end this year, but more importantly he laid out why stabilizing the financial sector is critical and why the government needs to continue to maintain a VERY aggressive approach to the crisis.
Stock index futures indicated a higher open for Wall Street, with investors optimistic after Federal Reserve Chairman Ben Bernanke said he expected the economy to start recovering next year.
AIG, the insurance giant that received taxpayer-funded bailouts worth $173 billion and sparked a political storm with its plans to pay $165 million in bonuses, revealed the list of its counterparties.
Barclays shares jumped Tuesday as Credit Suisse upgraded the stock to "outperform" from "neutral", saying there are chances the bank will use the government's asset protection scheme.
A long-running lawsuit brought by Enron investors against three financial firms over their dealings with the collapsed energy trader has been dismissed by a federal judge in Houston.