These are unsettling times in the financial services industry. But times of transition can bring opportunity for job seekers who can adapt to the needs of the market.
New York Attorney General Andrew Cuomo is demanding information about executive compensation and bonuses at nine banks that have received federal funds under TARP, the U.S. Treasury's Troubled Asset Relief Program.
If you blinked in the final minutes of trading today, you probably got the story wrong. The final hour of trading has become known for its wild swings, but outdid itself this time: After being up about 250 points at 3:54 p.m., those gains evaporated and the Dow Jones Industrial Average ended down 74.16, or 0.8 percent, at 8990.96.
Cramer makes the call on viewers' favorite stocks.
Stocks bounced higher on Tuesday, with the Dow surging almost 11 percent to close back above 9,000...
The Dow Jones Industrial Average rallied 889.35 points marking its second biggest point-move ever. Today's 10.88% jump in the Dow qualifies as the seventh largest percent gain in its history.
Despite the fact that government programs like the Corporate Paper Funding Facility and the capital infusion into banks has now become real, buyers are still not motivated—and little bomblets of liquidation still lurk out there.
The markets end the week in negative territory as all major indexes lost 5% or more for the week. The Russell 2000 brings up the rear losing over 10% for the week.
Stocks ended the day significantly lower but avoided a catastrophe, as an orderly selloff staved off what some thought would be a massive market capitulation.
Next week is expected to mark the start of the US economy’s entry into recession and the end of the Fed’s conventional monetary policy.
The cruel earnings season for the American worker intensified Wednesday as more companies announced layoffs.
The stock market deteriorated in the final 20 minutes of trading with the Dow closing with triple digit losses.
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.
It’s the billion dollar question circling Wall Street. Is this the right time to buy and start building long term positions? Or is another shoe about to fall?
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.
Critics have labeled the Mad Money host irresponsible and inaccurate, but the market this week proved him right.
We've all been searching for road maps from the past to help guide us through these current, scary market conditions.
The stock market is on its own wild ride these days, but if investors were to step off the roller coaster for a minute, they might see signs of life in the credit markets.
Missy writes, “My husband and I are holding Citigroup. Should we hold, sell or buy more?"