…Cramer changes his mind. What do you do?
New regulations for the financial sector risk deepening the recession, as they will amplify the shortage of capital, banking analyst Dick Bove told CNBC Thursday.
Like newspaper owners, media moguls are looking for new ways to protect their investment from the ravages of the Internet. And, as with the newspaper industry, the answer remains elusive. What is at stake is perhaps the last remaining pillar of the old media business that has not been severely affected by the Internet: cable television. Aware of how print, music and broadcast television have suffered severe business erosion, the chief executives of the major
Sunday was the official start of summer as the summer solstice, the day when the Earth's axis is most inclined toward / away from the sun, occurred. Here are the historical averages for the markets and last year's biggest gainers between the summer solstice and the autumnal equinox:
On a week where the US markets continued to stall with all major indexes negative for the week with quadruple witching, bank regulation, a sell off in energy, the markets await the Fed meeting next week closing mixed for the day on Friday.
Today is a quadruple-witch day. Quadruple-witching occurs on the 3rd Friday of every quarter when index futures, index options, stock options and stock futures expire on the same day. Here is a look at how quadruple-witches have affected the markets.
Stocks snapped a three-day losing streak Thursdayas a trio of encouraging economic reports — the Philadelphia Federal Reserve's manufacturing report, leading indicators and weekly jobless claims — fueled recovery hopes.
Stocks advanced Thursday as a trio of encouraging economic reports — the Philadelphia Federal Reserve's manufacturing report, leading indicators and weekly jobless claims — fueled recovery hopes.
Stocks advanced Thursday after an encouraging report on manufacturing from the Philadelphia Federal Reserve.
Stocks post modest midday rally. Stocks moved up modestly after the open, led by two of the weakest sectors in the past week: financials and commodities.
At the March 9 bottom, the banks were falling fast and behemoths like Google were at risk of falling out of the Top 20 biggest companies in the S&P 500. Three months later, that has changed significantly.
Federal Reserve Chairman Ben Bernanke deserves to be reappointed, because he did a great job in saving the US banking system from collapsing, Jack Welch, author of "Winning" and "Straight from the Gut," told CNBC Thursday.
US banks could become less competitive—and less profitable—from President Obama's proposed financial overhaul, analysts say
Stocks ended flat Wednesday as tech and consumer stocks rebounded but banks dragged after a credit downgrade on more than a dozen companies.
Plus, get calls on the banks, the steels, retail ETFs and more.
This company did a great job of fending off the recession. But will that trend continue?
This commencement season, anxious graduates have gotten advice urging you to hang tough or “buck up” until things recover and you can begin climbing the career ladder of your choice...Forget false optimism. My business partner in the polling and research firm we run did a recent analysis of how extremely successful people found success in their chosen field.
The Dow, S&P and Nasdaq were all down over 2%, as of late this morning. While these moves are significant, we have seen drops like this before in this rally.
The Dow eked out a gain Friday, bumping it into positive territory for the year, as Bank of America shares rallied. But techs, energy and commodities retreated as crude oil dropped to around $72 a barrel.
Stocks opened lower Friday as crude oil dropped below $71 a barrel and banks dragged after Bank of America lowered its outlook for the sector.