A senior banker will next week begin an employment case against Goldman Sachs after alleging she was cheated out of millions of pounds. The FT reports.» Read More
A management shakeup is expected at Merrill Lynch in the coming days, people close to the firm told CNBC, and changes will include the departure of Peter Kraus, head of strategy at the investment bank.
The most powerful brands in American sports — the New York Yankees and the Dallas Cowboys — are getting together to form a stadium hospitality company called Legends Hospitality, CNBC has learned.
Warren Buffett has very publicly proclaimed that now is the time to be "greedy" and buy U.S. stocks, because everyone else is fearful, and those fears are driving down stock prices to bargain levels. While some praise his leadership and courage, there are also skeptics.
Investors will have a rough ride until April, says Bill Spiropoulos, CEO of CoreStates Capital Advisors, but he thinks now is the time to put money to work.
Critics have labeled the Mad Money host irresponsible and inaccurate, but the market this week proved him right.
We've all been searching for road maps from the past to help guide us through these current, scary market conditions.
The stock market is on its own wild ride these days, but if investors were to step off the roller coaster for a minute, they might see signs of life in the credit markets.
What’s the fall-out as Wall Street firms look less like casinos and more like banks?
Yes, the market on Wednesday tested last week's lows, but a lot has changed since then, Cramer said. You might want to put some money to work.
When oil prices go down sharply, energy stocks underperform. This is the simplest--and most direct explanation for the decline.
All three of Warren Buffett's recent live interviews with CNBC (Goldman and General Electric investments, House passage of the bailout bill) are now available for download as a PDF (Acrobat) document.
Jonathan Vyorst, manager of the Paradigm Value Fund, sees opportunities in financials.
Byron Wien, Pequot Capital Management's Chief Investment Strategist, is optimistic enough about the market to see "opportunities in every sector," including financials, which will benefit from an "enormous number of policy moves."
The chief executives of the nine largest U.S. banks trooped into a gilded conference room at the Treasury Department at 3 p.m. Monday. To their astonishment, they were each handed a one-page document that said they agreed to sell shares to the government, the New York Times reports.
Regulators have stepped up calls since the collapse of Lehman Brothers last month for more supervision of the $55 trillion credit derivatives market to improve its safety and transparency.
While still wildly volatile, the stock market may be ready to start paying attention to what normally drives it - earnings and economic news.
That most recent of bailout plans does more than just save us from another Great Depression. Cramer explains.
Following are the day’s biggest winners and losers. Find out why shares of Chesapeake Energy and XL Capital popped while Pepsico and Domino's Pizza dropped.
"I think we’re clearly becoming socialist," says an irate Jeff Macke on Fast Money. "The only bank stocks to own are..."
Stocks ended lower as hoopla over the government's plan to buy stakes in the nation's largest financial institutions died down and worries about earnings crept in. The Dow ended down just 75 points after swinging in an 850-point range. The tech-heavy Nasdaq lost 3.5 percent.