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.
Cramer makes the call on viewers' favorite stocks.
Plus, Cramer makes the call on Nordic American Tanker, Terra Nitrogen and Goldman's future as a deposit bank.
A W-shaped recovery is more likely than a V-shaped one this year, and stocks look relatively attractive compared to other asset classes such as bonds, Juerg Zingg, managing partner at Q Investments, told CNBC.
Stocks rebounded Friday as investors displayed some optimism for the new year, scooping up bargains in the consumer discretionary and energy sectors. The Dow ended above 9,000 for the first time since early November.
Stocks rebounded Friday, pushing the Dow above the key 9,000 mark as investors rang in the new year with optimism, scooping up bargains.
The Dow started the new year with a big jump on Friday as investors looked beyond grim economic data on hopes that a recovery is on the horizon after a disastrous 2008.
Stocks rebounded Friday, led by consumer discretionary and energy, after a quick dip triggered by an ISM report that showed manufacturing activity at a 28-year low.
Following are the year’s biggest winners and losers. Find out why shares of McDonald’s and Gilead Sciences popped while General Motors and Citigroup dropped.
You win a few you lose few. Following are Fast Money’s best and worst trades of 2008.
Wall Street closed out its worst year since the Great Depression on Wednesday. For the year, the Dow fell 33.8 percent...
Citigroup plans to announce a new executive compensation system in which the top executives at the firm will see sharp reductions in their yearly pay packages if the firm's fortunes continue to sour, people close to the firm tell CNBC.
Another light volume, low volatility day, closing near the highs. Good news, considering that the consumer confidence and home price news was dismal. Goldman Sachs had a particularly good day, up almost 6 percent, though on light volume. But GMAC was the big story of the day...
IndyMac Bancorp, one of the largest banks to fail as a result of the subprime mortgage crisis, is close to being sold to a consortium of private equity and hedge fund firms in a complex deal partly financed by the federal government, the New York Times reports.
Technology shares and the financials have been tough to trade this year. Is it time to dip a toe – or will you just get burned?
Byron Wien, chief investment strategist at Pequot Capital Management, told CNBC that 2009 will be better than most people expect. Wien shared his insight on the markets and the economy with the Squawk Box crew Thursday morning.
After another 100 points shed in the market today, Cramer says only one thing would make him feel better: if just one portfolio manager would come out and admit that this is, in fact, not a good time to buy. Instead, there are a whole lot of "experts" out there insisting that they love this market and it's a great time to buy -- there's a lot of money to be made in the volatility, they say.