As a deadline looms, the Obama administration said it would push back hard against any legislation to loosen Dodd-Frank. The NYT reports.» Read More
It is now a week an a half since we saw the collapse of Lehman. Here is a snapshot of how the various banks have fared since that notorious weekend.
The Dow fell Tuesday as Congress spent the day bickering over the Wall Street bailout. Also, after hours we learned Warren Buffett is buying Goldman shares.
This week's wild ride on Wall Street literally mimicked a rollercoaster ride: a couple of stomach-turning drops before coasting to the end and dropping you off exactly where you started. After being down by nearly 1000 points at Wednesday's close, the Dow clawed back those 1000 points in the following two days leaving the blue-chip index off just about 40 points from where it ended last Friday!
Several companies with large operations in the financial services sector are looking to be added to the government's list of stocks that cannot be sold short.
The Dow closed in positive territory on Wednesday overcoming worries that the banking sector would be a drag on stocks.
The Dow tumbled on Friday after a warning by computer maker Dell that companies worldwide are cutting back on technology spending spooked the tech sector.
Stocks closed lower, hurt by rising oil prices and fresh worries about the financial sector, though the market ended off its lows for the day.
Stocks opened lower amid signs that the consumer was buying fewer goods that will cost more in the future.
Traders no longer seem concerned with volatility in the market -- 200 down one day, 200 up the next day. Pete Najarian, appearing on satellite from Chicago, says traders have developed ADHD in response to the bipolar market -- bullish one day, bearish the next.
Don't bet against the house.
As struggles in the automobile industry compound with each passing quarter, the news that Chrysler's financial unit is unable to reach its goal of raising $30 billion in financing support may impact its ability to support sales.
Foreign companies are buying American companies and the CEO of Home Depot comments on the economy. Following are today's top videos:
Based on the action after hours it looks like a rough open on Tuesday. What's the "Word on the Street?"
This is crunch time for this little mini-rally--since the earnings news is mixed, it will be critical for the market to move sideways or up today, and avoid retracing any of the last two days gains. Options expiration today.
Following are the day’s biggest winners and losers. Find out why shares of Harley-Davidson and Capital One popped while eBay and Yum! dropped.
The Dow slipped on Monday as investors worried that plans to shore up the government sponsored mortgage companies won't be enough. What's the "Word on the Street?"
Stocks coasted to a positive finish, fueled by better-than-expected sales from General Motors, short covering and a pop in a manufacturing gauge, in what was a rollercoaster start to the first half.
Is a long/short strategy suggested by the likes of Goldman Sachs Thursday the right trade in this market?
The latest overall job loss numbers showed a loss of 49,000 jobs in May and a jump in unemployment rate up to 5.5%. The drop is still well below the six figure numbers seen in past recessions. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
Following are the day’s biggest winners and losers. Find out why shares of Cephalon and Owens Corning popped while Cooper Tire and Allergan dropped.