The Financial Stability Board said work should also start on Libor alternatives, such as so-called "nearly risk-free reference rates."» Read More
More companies announced layoffs on Thursday as the employment picture continued to dim.
The four-day rally in the S&P 500, the first since November, is in jeopardy today.
Futures have been holding impressive gains overnight, on top of a three-day gain, as markets are expecting news on several fronts.
More companies announced layoffs on Tuesday as the employment picture continued to dim.
Major indexes finished higher after a yo-yo session Monday, with banks ending mixed after several attempts at a rally.
Wondering how the market could possibly be trading higher in the face of an incredibly dire warning from Caterpillar and another round of monster job cuts?
Stocks rallied, led by banks, after a wobbly open Monday. The market also got a boost from a blockbuster pharma deal, which helped overshadow a gloomy outlook from Caterpillar and other earnings worries.
Stocks got a boost from a better-than-expected report on the housing market, which overshadowed Caterpillar's gloomy outlook and other earnings worries.
Another round of layoffs was announced by big-name companies Monday, adding to the gloom over rising unemployment.
Stock index futures pointed to a dip at the opening, despite a mega-deal brewing in the pharmaceutical sector.
With rumors swirling over a nationalization of Citigroup and serious questions being raised about the Geithner nomination, the US is in for a tough weekend, says Andrew Busch.
Following are the day’s biggest winners and losers. Find out why shares of Southwest Airlines and Potash popped while eBay and Sony dropped.
Voices in favor of nationalizing major UK banks to save them from a mauling in the markets strengthened, sending banks' share prices into a roller coaster of hope and dismay.
Here's the dirty little secret: bank nationalization in the UK has already happened. The vast majority – but not all – of the UK banks simply would not be solvent but for myriad government support.
Cramer makes the call on viewers' favorite stocks.
More companies announced layoffs as the employment picture continued to dim.
Following are the day’s biggest winners and losers. Find out why shares of Newmont Mining and Altria popped while The New York Times and Palm dropped.
Even on Inauguration Day, companies continued to announce layoffs, reinforcing the challenges facing Barack Obama.
The selloff in Bank of America and Citigroup may just be the beginning. Analysts now are predicting that the same problems hitting those two big banks will soon spread to the entire industry.
Stocks ended a dismal week on an up note as investors took some defensive positions in stocks like McDonald's amid nagging worries about the health of banks.