More client-hungry hedge fund managers are looking to put their investment strategies to work in ETFs, but the move may cost them.» Read More
With its plan to shore up banks that was announced on Tuesday, the Obama administration hopes to entice investors to buy troubled assets from the nation’s banks and enable them to make the loans needed to jump-start the economy.
Stocks clawed their way back from a midday rout as banks surged and investors relaxed after the Treasury Secretary nomination hearing ended.
Stocks clawed their way back after paring earlier gains amid worries about the confirmation hearing of the Treasury Secretary nominee.
Stocks opened higher Wednesday as investors hope President Barack Obama's economic team will bring clarity to the markets.
U.S. stock index futures pointed to a higher open for Wall Street Wednesday as investors hope President Barack Obama's economic team will bring clarity to the markets.
Investment management company BlackRock's latest quarterly profit came in lower than expectations Wednesday, driven down by a non-operating loss and hit by the "hostile" markets last year, the company said in a statement.
There are about a million different ideas out there on how to solve, and profit from, the housing meltdown. Here's the newest. The FDIC cut a first-of-its-kind deal to sell a portfolio of bad residential mortgages from a failed bank to a private equity group, while still maintaining an interest in those loans.
The U.S. stock market will gain between 7 percent and 12 percent in 2009, a top BlackRock executive said on Tuesday...
Drugmaker Bristol-Myers Squibb became the latest big company to announce layoffs, saying it will eliminate another 10 percent of its work force through 2010.
The list of investors who say they were duped in one of Wall Street's biggest Ponzi schemes includes some of the world's biggest banks and hedge funds, the super rich and the famous.
This week brought a slew of layoffs, including Dow component Bank of America, which said its planned job cuts may grow to 35,000 over three years after it completes its purchase of Merrill Lynch.
New jobless claims hit a 7-year high Thursday; and even strong companies look weaker in the future. But some strategists see hopeful market signs amid the chaos. CNBC canvassed economic and financial experts for their insights.
Stocks sold off in the final hour of trading, an hour that has become known for wild, unpredictable swings, as a new government plan to juice money-market funds and some dismal corporate outlooks kept investors on edge.
Stocks retreated after a fleeting uptick as investors digested a slew of earnings and some dismal outlooks and signs of a thawing in the credit markets.
Stocks turned lower again after paring most of their losses amid more signs of thawing in the seized up credit markets.
U.S. companies ranging from chemicals like Du Pont, to pharmas like Pfizer and Schering Plough, and financials like Fifth Third and BlackRock, reported earnings Tuesday.
U.S. stock market index futures pointed to a lower open for Wall Street Tuesday as worries over the health of the economy offset enthusiasm after news of a possible second stimulus package.
With so many other factors powering the market these days, third-quarter earnings could be little more than an afterthought.
Stocks declined Wednesday as comments from Federal Reserve Chairman Ben Bernanke sent the already-rattled market to session lows.
Stocks opened lower Wednesday after a trio of dismal economic news and a profit warning from JPMorgan Chase.