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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.
The slumping economy negatively impacted many smaller companies that reported earnings on Tuesday. The following are some firms that reported earnings before the opening bell:
US stock index futures turned lower ahead of the open Tuesday after key corporate earnings sounded a note of caution for investors.
After good news from Goldman Sachs and Wells Fargo, should you buy the financials? Jon Fisher, portfolio manager at Fifth Third Asset Management, offered CNBC his outlook for bank stocks.
The Dow advanced Wednesday, boosted by an encouraging "beige-book" report from the Federal Reserve, a better-than-expected manufacturing report from the New York Fed and as Procter & Gamble raised its dividend. Techs remained underwater as Intel's lack of guidance rattled the sector.