U.S. stocks closed about 1 percent lower, despite surprisingly strong Amazon earnings, as signs of slower global growth weighed on sentiment.» Read More
Some veteran investors say that the sell-off has gone much too far and stocks are poised to rally powerfully if the downturn is less severe than investors fear.
The Mad Money host lays out his strategy to get this economy and market back on track.
Treasury Secretary Henry Paulson says the government will now provide cash to financial firms in exchange for equity, as the government steps us rescue efforts.
In this Web Extra the traders talk GE and Goldman Sachs. How are they trading?
After an exhausting week the Dow closed lower Friday to record its worst week ever.
After trading in a 1,000-point range for the first time ever, stocks ended the day with a whimper, closing slightly lower amid hopes that the holiday weekend could bring good news.
Heightened concern about the health of big institutions and the need for direct government support has led to some startling ideas. One of them follows...
After an amazing, nearly 700 point drop in the Dow, then a rally back into positive territory, it certainly had the FEEL of some kind of selling climax.
Wall Street tried to fight its way back from a precipitous opening drop, with volatility promising to cause violent swings as the market battled to break a seven-day losing streak.
As an example of why credit remains locked, overnight Japan's Yamato Life Insurance failed with debt of about 270 billion yen. Moody's has downgraded both Morgan Stanley and Goldman Sachs.
Traders are in agreement on two points: 1) We are not trading on fundamentals. Forced selling is causing many stocks to trade well below fundamental values; 2) traders do not have faith in 2009 earnings projections, which is making it difficult to value stocks.
The U.S. government could nationalize investment banks Goldman Sachs and Morgan Stanley, after confirming that it may buy stakes in financial institutions by the end of the month, Hugh Hendry, Partner and CIO at Eclectica, told CNBC.
Neel Kashkari, who has only six years of experience in finance and government, said he knew he seemed young to be shouldering so much responsibility for the world’s financial stability. But, he said, Mr. Paulson will oversee every step he takes.
After the global rate cut, why was the market rally so weak? Art Hogan, chief market strategist at Jefferies & Company, offered his insights to CNBC. He also gave sector picks and portfolio allocation advice.
U.S. stock index futures turned positive after coordinated action to cut rates across the globe to fight the danger of the world economy being hit by a depression.
Despite coming with glowing words of praise for General Electric and Goldman, Warren Buffett's big investments in the two companies haven't moved the stocks higher in the short-term.
Warren Buffett's latest moves to boost confidence and make money have The New York Times hearing echoes of J.P. Morgan's effective response to the financial crisis of 1907.
Their times and personalities are vastly different, but J. Pierpont Morgan’s role in the Panic of 1907 has its echo in Warren E. Buffett’s actions during the current financial troubles, says the New York Times.
Officials at the Federal Reserve plan to meet with top executives from two commodities exchanges in an effort to create a new marketplace for credit default swaps, one of the most important, controversial and opaque securities traded on the Wall Street, CNBC has learned.
The bailout bill that President Bush quickly signed into law on Friday must do what financial experts have been unable to do for the last year — put a dollar value on mortgage-related assets that no one wants, reports The New York Times.