The ECB has selected Blackrock Solutions to provide it with consultancy services for a programme to buy asset-backed securities.» Read More
Futures pointed to a negative open for Wall Street Friday as crude oil dropped below $71 a barrel and banks dragged after Bank of America lowered its outlook for the sector.
We’re “absolutely in a bull market” and U.S. stocks will rally for another couple of years, said Laszlo Birinyi, president of Birinyi Associates. He offered CNBC his top picks now.
Sam Lieber of Alpine Mutual Funds advised investors on how to make money in the housing sector through emerging markets.
Stocks ended flat Monday as a late rally fizzled after the Supreme Court issued a stay, temporarily halting the sale of Chrysler to Fiat.
Stocks opened lower Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Fed may raise rates at its next meaeting.
Banks can’t make any money on TARP funds, said Dick Bove, financial strategist at Rochdale Securities.
Stocks opened lower on Monday as the dollar and U.S. Treasury yields soared on last week's hopeful jobs data, which prompted speculation that the Federal Reserve may raise rates at its next meeting. Read and listen to what the experts had to say…
Although oil prices could see a spike to the $80 range, they will most likely settle near $60 a barrel, said Dennis Gartman, founder of The Gartman Letter.
Stocks opened lower Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Fed may raise rates at its next meeting.
Futures pointed to a lower open for Wall Street Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Federal Reserve may raise rates at its next meeting.
Cramer makes the call on viewers' favorite stocks.
The deficit at the federal agency that guarantees pensions for 44 million Americans tripled in the last six months to a record high, reaching $33.5 billion, largely as a result of surging bankruptcies among companies whose pensions it expects it will soon need to take over, the New York Times reports.
The financial crisis has ravaged many a Wall Street giant, but it has also produced a handful of winners. BlackRock, a money manager that is much admired but little known outside financial circles, is fast emerging as one of the nation’s financial powerhouses, the New York Times reports.
Stocks flopped Friday, capping a dismal week, as bank stocks pulled back after recent gains.
Stocks opened flat Friday as investors were encouraged by a pair of better-than-expected manufacturing readings but dismal economic data out of Europe and weak U.S. retail reports capped gains.
Futures pared losses Friday after a pair of better-than-expected manufacturing readings.
The Treasury will likely notify a group of asset managers later on Wednesday that they were chosen to take part in the first wave of the Public-Private Investment Program funds, CNBC has learned.
As Washington pushes banks to mend their finances, the banks are pushing back.
Stocks ended higher Tuesday as investors were encouraged by comments from Treasury Secretary Tim Geithner that most banks are well capitalized.
Stocks turned mixed Tuesday as another wave of disappointing earnings news weighed on the market but tech stocks shined bright.