CNBC's Susan Li reports on Third Point LLC's investment disclosure.» Read More
General Electric said Tuesday that it will no longer provide specific quarterly earnings guidance, though the company affirmed its earnings target for 2008.
With interest rates near zero, and the Fed making plenty of money available, it should be stimulating the economy, but it isnt. That's because those who matter--the banks and consumer--choose to hoard the money instead of lending or spending.
In the boring world of Fed statements, this one was an eye-opener, indeed potentially historic. It was different in tone AND content from other Fed statements. How different? Traders on the floor looked a bit confused as they tried to parse through a lot of headlines that sounded very different from previous statements.
The Consumer Price Index had its biggest one month drop ever. Here is a breakdown of the inflation benchmark to show you where costs are falling most.
The Fed is the big focus Tuesday, but Goldman Sachs earnings will help set the tone ahead of the open.
Jamie Cox of Harris Financial Group is looking past the current "flight to quality" that has dropped Treasury yields so far, and saying where he thinks the money will be heading when it comes flying back.
With the market trading sideways more investors are turning to high yielding dividend stocks. But can you trust these companies to keep pumping out profits?
Documents in a divorce case show that Pequot Capital Management or its C.E.O., Arthur Samberg, is paying millions to a figure in a notorious S.E.C. probe. But why?
Detroit auto makers should be rescued, but through a planned bankruptcy overseen by the federal government, according to real estate magnate Donald Trump.
Following are today's biggest winners and losers, including GE, Intel, Disney and more.
Now is a lousy time to buy stocks. But corporate bonds and preferred stock—with their high yields and relative safety—offer some of the best opportunities in years.
The latest overall job loss numbers showed a loss of 533,000 jobs in November and the unemployment rate climbed to 6.7%. This is the highest drop in nonfarm payrolls since 1974 and the highest unemployment rate since October 1993. The October payroll numbers were revised to a loss of 320,000. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
As we wait to see what Barack does in the new year, what can you do today to position your investment strategy for an Obama Administration? Here are some ideas.
Seems like more investors are buying on bad news. Find out why the traders believe this is a "somewhat encouraging" sign!
Most Asian markets gained ground by midday, buoyed by a rebound on Wall Street after economic bellwether General Electric pledged to maintain its dividend.
Stocks snapped back on Tuesday after global bellwether General Electric lifted investor optimism by pledging to leave its dividend intact.
Stocks rallied Tuesday as investors scooped up bargains and were encouraged by news that General Electric will keep its dividend intact.
Stocks rose sharply Tuesday as investors scooped up beaten-down stocks after the prior session's selloff that saw the Dow give back 700 points.
Stocks opened higher Tuesday, clawing back some of what they lost Monday, when the Dow shed nearly 700 points.
General Electric announced that it will maintain its dividend for 2009, giving it an 8.6% yield, based on yesterday's close. See how this compares to the other 29 companies in the Dow.