More companies announced layoffs this week as the employment picture continued to dim. GlaxoSmithKline and Tiffany & Co. on Thursday became the latest victims of the weakening economy, each cutting an undisclosed number of jobs.
Stocks eked out a gain after a rough morning as banks got a boost from market chatter that the government may suspend a controversial accounting rule blamed for much of the contagion in the financial industry.
Hope for clarity on government programs moved stocks today. Several key events made it clear we are starting to approach the endgame on government programs.
Retailers' January sales reports can't help but unleash a plethora of bad news ahead of Thursday's market open.
More companies announced layoffs this week as the employment picture continued to dim. Clorox, Time Warner Cable and Fidelity National Financial were among the latest names on Wednesday to announce job cuts.
Another day, another round of corporate layoffs. Liz Claiborne and PNC Financial Services became the latest companies to announce job cuts on Tuesday
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan, while a big Wall Street firm has further job cuts in store, according to reports.
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan and the economy.
More companies announced layoffs on Thursday as the employment picture continued to dim.
Health services firm Health Net has been rising for the last month and is up another 6 percent Wednesday amid heavy options volume. In the first 90 minutes of the session alone, HNT contracts had already traded more than seven times the 20-day average. Find out what it means.
More companies announced layoffs on Tuesday as the employment picture continued to dim.
Another round of layoffs was announced by big-name companies Monday, adding to the gloom over rising unemployment.
More companies announced layoffs as the employment picture continued to dim.
Even on Inauguration Day, companies continued to announce layoffs, reinforcing the challenges facing Barack Obama.
Corporate layoffs have soared since New Year's. On Friday alone, GE, Pfizer, AMD, Wellpoint and Hertz announced big cuts.
Stocks popped like a champagne cork Tuesday as Wall Street breathed a gigantic sigh of relief that the presidential election — and the uncertainty that comes with it — is almost over.
Stocks staged an impressive Election Day rally as hopes for change lifted the market and Mastercard led gains by a raft of financial-related stocks.
Stocks staged an impressive Election Day rally as hopes for change lifted the market and MasterCard led gains by a raft of financial-related stocks.
Wall Street greeted the last day of a long presidential election campaign with enthusiasm, sending stocks up strongly off the market open as the nation chooses its new leader.
Maria Bartiromo discusses Thursday's top business and financial stories, and looks ahead to tomorrow's events.