You have to figure that Ben Bernanke disagrees with GE's economic outlook. Or why would he have unleashed the Fed's balance sheet as he did in yesterday's surprise move, asks Vince Farrell.
General Electric attempted to quell market fears at an investor meeting Thursday. How’d they do?
The spectacularly ruthless and insanely generous Andrew Carnegie once said, "The man who dies rich, dies disgraced." I just saw that Harvard and Princeton both have AAA credit ratings, so allow me to paraphrase: "the university that lives with a triple-A credit rating lives disgraced."
Stocks slid in the final hour of trading Thursday as investors were initially encouraged by efforts by Citigroup to boost capital but started cashing in some profits, particularly in sectors that have seen big runups like financials.
It says a lot about the intersection of politics and entertainment that President Barack Obama will pitch his economic recovery plan on "The Tonight Show with Jay Leno" tonight. Obama has broken a number of barriers, and now he'll be the first sitting president to make this kind of appearance on late night TV.
Between stocks rallying and recent dividend cuts by companies like GE and Alcoa, average dividend yields in the S&P 500 have fallen. Here are some of the details.
Stocks skidded Thursday as investors were encouraged by efforts by Citigroup to boost capital but started cashing in some profits, particularly in sectors that have seen big runups like financials.
Stock index futures pointed to a slightly lower opening Thursday, a characteristic pattern following the previous session's rally.
The Federal Reserve fueled the rally on Wall Street Wednesday after the central bank announced a plan to buy U.S. debt.
Stocks opened lower Wednesday, retracing the previous session's rally, as investors were jittery ahead of the AIG CEO's appearance on Capitol Hill today and the Federal Reserve's statement after a two-day meeting.
In his annual Berkshire Hathaway letter, Warren E. Buffett recently urged investors to pose tough questions at the shareholders meeting in May. Here is one on the mind of some Buffett watchers: When are you going to fix Moody’s?
Stock index futures pointed to a lower opening Wednesday, following the previous day's rally, as investors remained wary for AIG's chief executive to step up to Capitol Hill and the Federal Reserve to conclude its two-day monetary policy meeting.
In an era that some might call corporate welfare, Cramer discusses who needs to generate their own cash.
What follows below is the transcript of my interview with legendary former General Electric Chairman & CEO Jack Welch on The Kudlow Report last night.
The winning streaks may have ended yesterday, but St. Patrick's Day has historically been more up than down for the markets. Good Luck Today!
Stocks snapped their winning streak Monday after American Express reported that credit-card deliquencies rose in February. Techs were particularly weak amid worries about tech spending.
Stocks advanced Monday as banks continued their winning streak and Federal Reserve Chairman Ben Bernanke's weekend remarks that the recession could end this year fueled some optimism. But weakness in big-name techs dragged on the Nasdaq.
As of midday Monday, all major indices are on track to close up for the fifth consecutive day. The S&P 500 has climbed over 14% in the past five sessions, while the Dow Jones Industrial Average and NASDAQ Composite are both up about 13%.
Stocks opened higher Monday as banks continued their winning streak and Federal Reserve Chairman Ben Bernanke's weekend remarks that he expects the economy to start recovering next year spurred optimism.
Stock index futures indicated a higher open for Wall Street, with investors optimistic after Federal Reserve Chairman Ben Bernanke said he expected the economy to start recovering next year.