Bank of England governor Mervyn King warned Thursday that Britain's troubled banks may need to tap the government for more money to shore up their battered finances and downplayed fears that measures to boost the money supply will stoke inflationary problems in the future.
Negotiation remains at the very temporal core of the global financial markets and Sir Fred executed his perfect right to haggle for as much cash as he could from his paymasters when he took the helm of Royal Bank of Scotland in 2000.
CNBC’s Million Dollar Portfolio Challenge once again saw contestants trading on earnings news and currencies as well as taking some risks, but our latest contest had a new twist - ETFs. CNBC asked the three winners of the challenge about their strategies, top trades and anything else that helped them profit in a down market.
Cramer makes the call on viewers' favorite stocks.
The pace of corporate layoffs picked up sharply in January 2009, reflecting the worsening US recession.
Following are the day’s biggest winners and losers. Find out why shares of Apple and Whirlpool popped while NYSE Euronext and Rio Tinto dropped.
Stocks ended mixed Monday as the much-anticipated bank-rescue plan was delayed for another day. Banks jumped amid hopes the bailout will save the stocks.
US stocks opened lower Monday as the much-anticipated bank rescue plan was delayed for another day.
US stocks looked set to hand back some of last week’s gains at the open Monday as the much-anticipated bank rescue plan was delayed for another day.
More companies announced layoffs this week as the employment picture continued to dim. News Corp. became the latest victim of the weakening economy, announcing it is planning on cutting jobs after reporting a quarterly loss on Thursday.
More companies announced layoffs this week as the employment picture continued to dim. GlaxoSmithKline and Tiffany & Co. on Thursday became the latest victims of the weakening economy, each cutting an undisclosed number of jobs.
More companies announced layoffs this week as the employment picture continued to dim. Clorox, Time Warner Cable and Fidelity National Financial were among the latest names on Wednesday to announce job cuts.
Another day, another round of corporate layoffs. Liz Claiborne and PNC Financial Services became the latest companies to announce job cuts on Tuesday
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan, while a big Wall Street firm has further job cuts in store, according to reports.
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan and the economy.
With European bourses down 2 to 3 percent on the first day of February, it's little wonder that European banks are again the weak link, with ING, UBS, HSBC and Barclays down 5 to 8 percent pre-open.
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.