Some days, the bad news is just plain bad. Senate's failure to reach an agreement on the auto bailout package looks set to drive markets lower Friday and that could most certainly mean a bankrupt General Motors.
Following are the day’s biggest winners and losers. Find out why shares of Baidu.com and UnitedHealth popped while Costco and Harley-Davidson dropped.
Stocks closed sharply lower, led by financials after comments from JPMorgan CEO Jamie Dimon and as investors worried about the fate of the auto bailout.
Stocks turned mixed Thursday as a rise in commodities stocks offset pressure from a weak jobs report and a sharp drop in import prices.
Futures dipped a few points as jobless claims hit a 26-year high. But the big topic on trading desks is the dollar, which may be weaker on expectations the U.S. will ease interest rates next week, so commodities and some commodity stocks (notably gold) are stronger.
Stock index futures indicated a slightly weaker open Thursday, pushed lower by further weakening in the jobs market and a sharp decrease in import prices..
The auto industry bailout will drive the market again Thursday as lawmakers haggle over the details of a temporary rescue plan for the big three.
In this Web Extra the traders explain how they're playing McDonald's, Honeywell, pending home sales and more in the week ahead.
Discount and dollar stores are back in fashion and back in the black. Just about everyone else has his back to the wall.
The Dow tumbled on Wednesday closing below the psychologically important 8,000 level for the first time since March 2003.
If a company offers a strongly branded product for 40 percent off the suggested price, it sets up a perception in the customer’s mind that the product should be offered at that lower price all the time.
Warren Buffett's Berkshire Hathaway sharply increased its stake in ConocoPhillips this spring and summer, accumulating a total of 84 million shares as of the end of the third quarter on September 30, according to Berkshire's just-released quarterly portfolio filing with the SEC.
If you're in the camp that thinks giving a gift card at the holidays is a bit of a cop-out, retailers have upped the ante this holiday season by rolling out some that put the "gift" in gift card.
The nation's unemployment rate is at a 14-year high, General Motors reported a massive third-quarter loss and says it may run out of cash next year, and Ford is planning more job cuts after burning through billions of its own.
Retailers are reporting some of the weakest sales in more than a decade as consumer spending dried up in October amid the uncertainty brought on by the financial crisis and mounting layoffs.
The most important fact about the economic and earnings data in the past couple weeks is that it has generally been worse than the already lowered numbers predicted. We have seen this again this morning, with the exception of the Productivity number.
Lower gas prices could provide a lift to what are otherwise predicted to be dismal U.S. holiday sales, but experts say it will take some time for consumers to feel confident enough about the troubled economy to resume spending.
U.S. retail chains may report some of their worst monthly sales results this week as the global financial crisis leaves its mark on ordinary consumers, casting new doubt on holiday season sales.
This holiday season is make or break for some retailers, and while it’s not even Halloween yet, we’re already seeing some of them break. Are we going to see more before Christmas?
The Dow clawed its way back from a five-and-a-half year low, trading up more than 250 points heading into the final half hour of trading. The VIX, a gauge of fear in the market, soared to a new record above 80.