Plunging oil has been a windfall for U.S. consumers, but energy-reliant countries like Angola, however, the effect has been far less beneficial.» Read More
We on Power Lunch were all transfixed during Sen. Corker’s questioning of Federal Reserve Chief Ben Bernanke Tuesday.
Plus, Cramer makes the call on Home Depot versus Lowe's and the only financial stocks worth considering.
Anybody out there got the super-secret e-mail address for President Obama, the Blackberry addict? How about a cell-phone number for Treasury Secretary Timothy Geithner?
The development boom that turned Poland, Hungary and other former Soviet satellites into some of Europe’s hottest markets is on the verge of going bust, raising worrisome new risks for the global financial system that may ricochet back to the United States.
Nationalizing insolvent US banks is the best solution to avoid a Japan-like scenario in which 'zombie' financial institutions would eat up public resources while the US economy would teeter on the brink of depression, Nouriel Roubini, economics professor at NYU and chairman at RGE Monitor told CNBC Tuesday.
With nowhere else to go, some of Wall Street’s biggest money managers are buying these stocks.
Today we introduce a weekly segment, "The Call of Shame", for CNBC's "The Call". It will highlight the lowlights and lowlifes in business and finance. This week's nominees are.......
By Thursday’s close, the Dow was trading at a level not seen in more than 6 years, falling beneath its former bear market closing low set on November 20th.
Plus, Cramer speculates on whom the new Dow Jones Industrial constituent could be.
CNBC's Jim Cramer has been critical of Warren Buffett's decision to sell some stocks in the Berkshire Hathaway portfolio, in part because it appears to contradict Buffett's public call to buy U.S. stocks last fall. But there is another way of looking at it.
The S&P Financials Sector is now down over 35% YTD and ~70% in the past 12 months. Given this continued drop, here is a look at how the short interest in these beaten companies has changed over time.
JPMorgan CEO Jamie Dimon 'jokes' about giving TARP money back at a town hall meeting.
Plus, get Cramer's calls on the Goldman Sachs news, agriculture stocks and one combination wind power-housing play.
Tough times on Wall Street are reaching all the way to the highest levels of the most storied former investment bank—Goldman Sachs—as partners there are being forced to borrow money to cover margin calls, according to sources within the firm.
The new Obama housing plan is going to give a break to those who least deserve it: people who bought more house than they can afford. It will reward those who made all the wrong decisions.
Exactly four months ago today, on October 17, Warren Buffett wrote an op-ed piece for the New York Times with one of his rare advisories for investors: "Buy American. I Am." He explained how falling stock prices had prompted him to pick up U.S. stocks at bargain prices .. for his personal account. Later today (Tuesday), we'll get the answer to a key question: Was Buffett also buying U.S. stocks for Berkshire Hathaway's portfolio at the same time?
Futures are down in the U.S., European banks are weak in Europe, bonds are up, and gold and other precious metals are rallying; gold at $966 this morning is continuing its slow march to $1,000 an ounce. It briefly climbed over $1,000 in March of 2008
Carlos Slim is not interested in buying Banamex, according to someone familiar with his thinking. A crown jewel of the Mexican financial system, Banamex is said to be reluctantly for sale by Citigroup, under pressure to raise capital.
Hey, China got it right. Why couldn't we?
Warren Buffett has been doing some shopping at Tiffany's just before Valentine's Day, but he's not taking anything home in a baby-blue shopping bag. In a filing with the SEC today, Tiffany says it has sold $250 million of debt to some Berkshire Hathaway subsidiaries.