Stocks closed slightly higher in choppy trading as investors digested economic data and kept an eye on falling oil prices.» Read More
Following are the day’s biggest winners and losers. Find out why shares of Morgan Stanley and Freeport-McMoRan popped while Liz Claiborne and US Bancorp dropped.
Cramer makes his case for crude and offers his top picks. Plus, calls on Caterpillar, Costco, AECOM and more.
At the risk of redundancy I'll ask it again: Is he? Is President Obama effin' CRAZY? President Obama blames the continuing global financial crisis for the unmitigated carnage on Monday, when the Dow fell below 7000 and closed down 300 points (or 4.2%) at a 12-year low of 6763.
The number of job cuts continued to soar in February 2009, reflecting the worsening US recession.
Two months into the year, the average dividend yield of the Dow 30 has continued to rise since the start of 2009, despite some significant dividend cuts like those from CNBC parent, General Electric. See how the 30 companies in the Dow compare.
More companies announced layoffs this week as the employment picture continued to dim. JPMorgan Chase and Chesapeake Energy were among the latest names on Thursday to announce job cuts.
The Dow Industrials, Dow Transports, and Dow Utilities are all hitting multi-year lows now. While the Dow Industrials and Dow Transports have been closing at new lows for days, the Dow Utilities closed below its October low for the first time on Friday.
Cramer has always put his faith in the fundamentals, but these days the charts are important, too. Here's what you need to know.
Finishing the day at 7,114.78 yesterday, the Dow closed at its lowest level since May 7, 1997. 7 of the 30 current Dow components were not in the index when the Dow last saw these levels.
Cramer makes the call on viewers' favorite stocks.
As the Dow now contains five stocks under $10 (GM, C, BAC, AA, & GE), the Dow Industrials index has come under greater scrutiny on whether it is still a good gauge of the overall market.
Regarded as a safe investment, gold often shines during turbulent times when increased demand typically drives up prices. For the first time since last March, gold settled above $1,000 an ounce on Friday. Since its low back in November, when gold was just over $700 an ounce, the bullion has risen 42%. During the same period the S&P 500 has plunged 15%.
The performance of certain companies will tell us how well the new president’s doing.
Another round of layoffs was announced on Thursday, adding to the gloom over rising unemployment. Delta Air Lines and Performance Food Group were among the latest names on Wednesday to announce job cuts.
Here's the question: your company has cut discretionary costs and has laid off a group of workers, but still needs to cut more. Your choice is between cutting pay and requiring a furlough. What's an executive to do?
Another round of layoffs was announced on Tuesday, adding to the gloom over rising unemployment.
With Congress passing Obama's much lauded stimulus package, trillions of dollars are headed towards the economy. But the markets' aren't liking what they see or hear. The truth is that while a stimulus package might help, it does not heal the fundamental ill -- we all spent too much for too long.
Hey, China got it right. Why couldn't we?
Infrastructure is a major part of the new stimulus package. And Fast Money spoke to the man dolling out all that cash!
Another round of layoffs was announced on Thursday, adding to the gloom over rising unemployment.