The plaintiffs had accused Goldman Sachs, JPMorgan Chase and others of having conspired since May 2009 to drive up aluminum prices by hoarding supply.» Read More
The big money is disappearing, and with it some status and power. Yes, the highest of high fliers are still rich, some spectacularly so. But their stature seems to sink with every point of the Dow. The whole cult and ethos of Wall Street, which lured so many bright minds, is in retreat.
That is the question this year about Davos. In such troubled economic times, expected participants—from Wall Street To Washington—are dropping like flies.
Movement in a few key sectors could give stocks a much-needed boost.
Plus, get Cramer's calls on Google, Yahoo!, Schlumberger, Citigroup and more.
Considering there are so many challenges facing the financials, are any poised to profit?
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.
If you’re looking to pick a fight just bring up the TARP around Dylan and the traders. Click here and you’ll see what we mean!
Stocks clawed their way back from a midday rout as banks surged and investors relaxed after the Treasury Secretary nomination hearing ended.
Stocks clawed their way back after paring earlier gains amid worries about the confirmation hearing of the Treasury Secretary nominee.
What looks like a financial crisis is really an accounting crisis, made much worse by persistent fear.
Stocks opened higher Wednesday as investors hope President Barack Obama's economic team will bring clarity to the markets.
U.S. stock index futures pointed to a higher open for Wall Street Wednesday as investors hope President Barack Obama's economic team will bring clarity to the markets.
The Dow fell for the fifth straight day on Tuesday as investors fretted over what many expect will be a gloomy earnings season.
Looking for a smart way to play the financials? Suze Orman tells the traders to consider this play!
Tanking sales and gloom hang over Detroit as its annual auto show begins this week. Maybe the worst is behind it, as GM and Ford are up 26% and 15% YTD respectively.
Citigroup says board member Robert Rubin, the former U.S. Treasury secretary, has resigned as a senior adviser to the big financial services company.
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.
Stocks suffered their worst decline in more than a month on Wednesday after a grim ADP report coupled with a revenue warning from Intel revived concerns about the economy.
Stocks logged their worst loss in about a month Wednesday amid some dismal predictions on the jobs front and as profit warnings started to roll in.
Morningstar has an answer for anyone asking if Warren Buffett has lost his touch. While acknowledging the choice may be a "tad controversial" right now, the investment research firm has named Warren Buffett its 2008 CEO of the Year.