Warren Buffett sat down recently for a taped interview with Susie Gharib of Nightly Business Report to mark the PBS program's 30th anniverary tonight. In the conversation, Buffett hints Berkshire Hathaway might buy back some of its stock since it has fallen so sharply from its highs. He also says the credit crunch is easing but business conditions are getting worse. This is a transcript of that entire interview, as provided to us by NBR.
In November 2008, New York State Comptroller Thomas DiNapoli said that the financial crisis could lead to the loss of about 225,000 private sector positions in New York State over the next two years. The good news: many federal agencies are hiring.
Who among Bernie’s $50 billion worth of investors should get their money back? And what if some were in on the scam?
In Tuesday's Fast Money Pops & Drops post we mistakenly reported that Celgene stock dropped after the firm reported revenues on the low-end of projections...
Futures dropped about 5 points as the ADP said 693,000 private sector jobs were lost in December, much greater than the expected loss of 515,000. However, there was a change in methodology that was designed to close the gap between the ADP report and the nonfarm payroll report.
Following are the day’s biggest winners and losers. Find out why shares of Morgan Stanley and Dow Chemical popped while Reynolds American and Celgene dropped.
Stocks ended a topsy-turvy session higher as investors juggled a profit warning from Bank of America and some dismal economic news with optimism over the Obama stimulus plan.
Stocks were on their way back up again as investors shrugged of some disappointing economic data and kept an optimistic outlook about President-elect Obama's economic-stimulus plan.
Stocks pared their gains Tuesday after a reports showed pending-home sales and factory orders declined, while a measure of the service sector unexpectedly improved.
That we didn't see it is a good sign. This is what is called a "consolidation phase," and while it does not guarantee the rally will continue, it is an encouraging sign.
Stocks were poised to rebound slightly Tuesday, as investors waited for some more data on the broader economy due shortly after the start of trading.
Stocks skidded as the unraveling of one of the biggest deals this year overshadowed gains in the energy sector.
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Stocks rallied to the finish line as investors shrugged off a drop in consumer confidence and cheered the bailout of General Motors' finance arm.
Stocks rebounded Tuesday as investors cheered the bailout of General Motors' finance arm.
General Motors up 10 percent pre-open as GMAC clears a major hurdle: They say they have raised enough capital to satisfy the Fed's condition to become a bank-holding company. This appears to be a new program operating within the TARP — so we now have a program specifically designed to invest in auto companies.
U.S. stock index futures pointed to a higher open for Wall Street Tuesday, after ending down on Monday, with investors still hoping for a last rally in the final days of the year.
The Dow slid on Monday after Kuwait pulled out of a joint venture with Dow Chemical due to the deepening global recession, threatening Dow's planned takeover of Rohm & Haas.
Stocks ended lower as the unraveling of one of the biggest deals this year overshadowed gains in the energy sector.
Stocks declined Monday as many investors were still away on holiday in this typically low-volume week between Christmas and New Year's.