Older people might be more technology savvy than you thought—at least when it comes to banking.» Read More
Won't Get Fooled Again: I was 15 when the iconic Who album came out in 1971, and bought it. So, apparently, did some of the euro zone ministers. The ministers are no longer being fooled.
Stock index futures accelerated their losses Friday after euro zone finance ministers withheld further aid for Greece and demanded more cuts in return for a second bailout.
Stocks could continue to drift higher for now as investors look for the next catalyst to drive the market.
As bonus season in the City of London gets underway in earnest next week the first of the UK’s major banks, Royal Bank of Scotland (RBS), announced the bonus package for its chief executive Stephen Hester on Thursday evening and immediately came in for criticism.
The start-up boom means there are more freshly minted millionaires looking to manage their wealth. And Wall Street firms are happy to help, for a fee. The New York times reports.
Private antitrust litigation pitting some five million retailers against several large banks has slipped under the radar of many analysts and investors who follow those companies, but the case may deliver a multibillion-dollar shock to bank bulls in the coming months, TheStreet.com reports.
For homebuilders, any further drop in inventories may mean it's time to get busy and start ramping up construction activity. Rising animal spirits in the housing sector, which have been long anticipated, may soon be at hand. And that PHLX Housing Sector Index may finally start to march upward.
Some financial companies may see softness in their shares in the coming weeks, as Republican presidential candidates step up their anti-bank rhetoric.
Volumes of Samurai bonds — yen-denominated bonds issued by non-Japanese entities — hit a 15-year high in 2011, and could be 20 percent higher in 2012, a Tokyo-based analyst told CNBC.com.
Where's Mario? ECB head Mario Draghi did not show up for a planned news conference in Frankfurt. Meantime, Draghi's successful 3-year lending facility has not just eased funding difficulties for European banks—it's ignited a 3-day rally in European and U.S. banks.
Investors can blame Europe for choking off stock market gains in 2011. But there’s a growing list of geopolitical flashpoints lurking in 2012—and any one of them could pose a risk to stocks.
In a rare break from Wall Street protocol, a Sterne Agee analyst has placed a sell rating on social network game maker Zynga before its stock even begins trading.
A break-up of the single European currency would have severe consequences on the UK economy, with unemployment pushing above 4 million, the pound appreciating sharply and major banks failing, analysts at ING wrote in a market note.
Bank of America is threatening to edge out JPMorgan Chase as the top investment bank in terms of revenue in the fourth quarter, according to a research report published Tuesday.
Young people struggling to find a job should consider starting their own businesses, Barclays Capital co-CEO, Rich Ricci, told CNBC last week.
How much would you pay for advice that turned out to be questionable? Would about $81 million sound unreasonable?
Bankers have warned that the eurozone rescue fund might face lackluster demand this week for a planned bond issue designed to finance Ireland’s bail-out. The FT reports
Stocks closed out the final trading day of October with a thud, finishing near session lows amid renewed concerns over the European debt crisis, but logged some record gains for the month.
The National Basketball Association lockout, which started on July 1, has already wiped out the entire preseason and nearly 100 regular season games.
Continued downward pressure on financial stocks could be expected as events unfold, especially the potentially disruptive forces that Europe may unleash, or the conclusion that the foreclosure and mortgage lawsuits are larger and more significant than currently believed.