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  • Stocks Drop 200 Amid Economic Worries Thursday, 4 Dec 2008 | 4:23 PM ET

    Stocks ended sharply lower Thursday amid anxiety over a fresh round of layoffs, dismal same-store sales numbers and the prospect of tomorrow's jobs report.

  • Job Cuts Picking Up Steam Just in Time for Holidays Thursday, 4 Dec 2008 | 4:18 PM ET
    Crowd of people on the street

    These will be decidedly unhappy holidays for hundreds of thousands of workers who won't have jobs thanks to the steep economic downturn and the financial crisis

  • Today's Top Videos: Auto Bailout, Job Cuts & More... Thursday, 4 Dec 2008 | 4:14 PM ET

    The Big Three CEOs returned to Washington to meet with the Senate Banking Committee today, as AT&T and other companies reported job cuts. Following are today's top videos:

  • Hopeful Sign: If Selloff Stays Shallow Thursday, 4 Dec 2008 | 3:42 PM ET

    Will stocks stop dropping on bad news? Never mind the auto hearings, that is the No. 1 question on trading desks today. Stocks are down Thursday, but the relatively modest decline, the light volume, and the breadth is far less a response than one might expect given the poor news flow.

  • Pros Say: Bear Market Rallies = New Reality Thursday, 4 Dec 2008 | 1:47 PM ET

    Lousy sales, weak earnings and more layoffs reigned over Thursday, with glum news from Nokia, Viacom, Merck, AT&T, DuPont, Credit Suisse and retailers across the board. European central banks enacted big rate cuts. And  Fed Chairman Ben Bernanke urged more government efforts to stanch soaring home foreclosures. But CNBC heard from experts who say that while the news will get worse through 2009, markets will periodically rally — and one strategist sees the Dow at 12,000 in 2010.

  • Happy Birthday CNBC.com! Thursday, 4 Dec 2008 | 1:20 PM ET

    Today is the second anniversary of the launch of CNBC.com.  See how things have changed in just two short years.

  • Stocks Move Lower in Choppy Trading Thursday, 4 Dec 2008 | 12:10 PM ET

    Stocks opened lower Thursday amid a fresh round of layoffs and dismal same-store sales numbers, but soon turned mixed after an unexpected drop in jobless claims and better-than-expected factory-orders report.

  • Pitting Wall Street vs Auto Makers: Is It Fair? Thursday, 4 Dec 2008 | 11:40 AM ET

    I'm not one to defend "Wall Street," but the senators at the auto hearing noting that we have given billions to the financial industry and have been giving the auto companies a hard time with their request for money are missing several important points:

  • Where the Layoffs Are—Is Your Firm on the List? Thursday, 4 Dec 2008 | 9:32 AM ET

    The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • Stocks Close On Highs Wednesday, 3 Dec 2008 | 5:46 PM ET

    The Dow closed higher for the second consecutive day as investors flocked to shares of Coke and other companies that hold up well in recessions...

  • Stocks Rally Despite Economic News Wednesday, 3 Dec 2008 | 5:09 PM ET
    NYSE traders

    Stocks overcame an array of dismal economic reports and rode hopes that the market may have achieved at least a temporary bottom to close higher Wednesday.

  • Pros Say: Fed Moves Can Kill Recession (UPDATED) Wednesday, 3 Dec 2008 | 4:46 PM ET

    President-elect Barack Obama nominated Gov. Bill Richardson (D-NM) for commerce secretary Wednesday, the same day that United Auto Workers President Ron Gettelfinger announced the UAW would make huge concessions in order to help the Big 3 automakers nail government bailout funds. CNBC heard from experts who said the drop in gasoline prices bodes well for the first quarter and Ben Bernanke just may save us from a severe recession. (UPDATED)

  • If Big 3 Get Bailout, Charge More At Parking Meters! Wednesday, 3 Dec 2008 | 4:21 PM ET
    Parking Meter

    Yesterday we learned that the windy city wants to lease its parking meters to a private company that would raise daytime hourly parking rates in downtown Chicago from $3 now to $6.50 by 2012. Sound exorbitant?

  • An Alternative to Bailout Nation Wednesday, 3 Dec 2008 | 1:39 PM ET

    At his news conference this morning, where he introduced New Mexico Gov. Bill Richardson as Commerce-secretary designate, President-elect Obama refused to play his hand on the Detroit/GM bailout story. That tells me he’s aware that the country is getting fed up with the thought of bailout nation.

  • Stocks Bounce Back as Biotech Booms Wednesday, 3 Dec 2008 | 1:29 PM ET

    The stock market was far off its morning lows, coming close to turning positive, as investors shook off a handful of weak economic reports and snapped up biotech shares and other defensive plays.

  • Exxon's Amazing Stat: Market Cap Of $400 Billion Wednesday, 3 Dec 2008 | 1:28 PM ET

    ExxonMobil is the largest stock in the S&P 500. Wal-Mart, the nearest competitor, is a little more than half that size. ExxonMobil has been notably outperforming the market recently. Since early September, Exxon has been up about 5 percent, while the S&P 500 has been down 30 percent.

  • Consumer Fear at Root of Auto Woes: Auto Dealer Wednesday, 3 Dec 2008 | 12:27 PM ET

    The current problems facing the automotive industry are a result of consumer fear, not the Big Three U.S. automakers, according to John Bergstrom, CEO of Bergstrom Automotive, one of America’s most powerful car dealership groups.

  • Automakers Want $34 Billion, What Do We Get? Wednesday, 3 Dec 2008 | 9:01 AM ET
    Chevrolet Dealership

    Chrysler's plan may be the most troubling, largely because it shows how much money the company needs right away. Chrysler wants $7 Billion by the end of the year. Chrysler's plan also talks about the "synergies" that would be derived from Chrysler being consolidated with another auto maker.

  • Futures Point Lower as Economy Weakens Wednesday, 3 Dec 2008 | 8:46 AM ET

    Stocks were set to give back some of their sharp gains from Tuesday's session but were off their morning lows after data showed a sharp increase in mortgage applications last week.

  • Bear Market Boot Camp Tuesday, 2 Dec 2008 | 6:40 PM ET

    Take it from the traders who've been in the trenches this year, it's war out there!