CNBC's Julia Wood discusses a new report from Barclays, which indicated a lack of innovation to weigh on Apple for 2014. It also slashed its forecasts for smartphone sales growth in 2014.» Read More
Stocks were on pace to post their largest loss in about a month Monday as investors worried that Europe's debt crisis could spread to Italy and amid ongoing worries over the U.S. budget.
The ongoing crisis in the euro zone is creating a trading opportunity among safe-haven currencies, this strategist says.
Stocks traded off session lows Monday after President Obama promised he will meet daily with Congressional leaders until the debt debate gets resolved. However, fears over a contagion threat in the euro zone kept markets under pressure.
Futures tumbled further Monday pressured by Friday’s weak nonfarm payrolls report, which reignited fears of a slowdown and as Italian debt fears spooked markets.
Stocks closed to the upside in another thin trading session Wednesday after investors largely shrugged off a handful of weak economic news and looked ahead to Friday's employment report in addition to earnings season, which kicks off next week.
Stocks were modestly higher in another thin trading session Wednesday after investors largely shrugged off a handful of weak economic news and looked ahead to Friday's employment report in addition to earnings season, which kicks off next week.
Stocks edged higher in another choppy, thin-volume session Wednesday after investors largely shrugged off news that ISM non-manufacturing index slipped last month and China's latest interest rate increase.
Also: Portugal raised $1.2 billion in a 3-month debt auction, a day after having their debt cut by 4 notches to debt by Moody's. The bad news is they paid a steep price: 4.96 percent. The Portugese stock market is down 2.6 percent this morning.
With all the bearishness on the dollar out there, you would think investors would be racing for the exits. Um, not just yet.
Stocks ended lower Friday with the Dow and S&P closing down for the seventh week out of eight amid continuing jitters over the euro zone debt crisis.
Stocks slumped with the Dow and S&P on track for their third-straight day of losses Friday as uncertainty over the passage of a Greek austerity plan in addition to worries over Italian banks overshadowed a better-than-expected durable goods report.
Stocks slumped across the board Friday, as uncertainty over the passage of a Greek austerity plan in addition to worries over Italian banks overshadowed a better-than-expected durable goods report.
It started with Italy — Moody's said it was considering downgrading the creditworthiness of Italian banks.
Emerging Asia’s wealthy are getting richer twice as fast as their peers in other regions. For private banks, which generally seek clients with at least $1 million in investable assets, that sounds like a licence to print money. The FT reports.
As Wall Street cuts bonuses and raises base salaries instead, banks are looking at layoffs more often to cut costs when profits fall.
In a blow to Wall Street, a federal appeals court today ruled that a website could not be barred from immediately reporting on the stock recommendations of stock analysts.
Faced with weak markets and uncertainty over regulations, many of the biggest Wall Street firms are preparing for deep cuts in jobs and other costs, the NYT reports.
Global regulators are poised to set tighter capital requirements for about 30 of the world’s biggest banks, to ensure the next financial crisis can be contained, the FT reports.
Stocks fluctuated in thin trading Thursday as investors showed skepticism over Greece's ability to resolve their growing debt crisis and ahead of the quadruple witching at the end of the week.
You can say all kinds of nice things about Google’s Chromebook laptop concept. You can say it’s ahead of its time. Or that it’s thinking way, way outside the box. Or that, as failures go, at least this one swung for the fences the New York Times reports.