Veteran market strategist bets on housing recovery.» Read More
Stephen A. Feinberg, one of the country’s most powerful — and secretive — financiers, hoped to make a fortune out of the detritus of the American auto industry. Instead, he seems to be losing one, reports the New York Times.
Rapid changes in the commodities market have left some investors badly bruised to say the least. However lower gas prices are good, right? Should you cheer or fear the drop in oil?
Stocks ended mixed Wednesday as economic worries continued to rain down on the market and dampen the post-Gustav rally. All three major indexes had been negative for most of the day, but the Dow tip-toed over the line at the last minute, helped by a 5% gain in GM.
Commodities were lower, but once again it was no help for stocks. Commodity stocks were again sold off.
Stocks wobbled Wednesday as economic worries continued to rain down on the market and dampen the post-Gustav rally.
Stocks wobbled Wednesday as economic worries continued to nag the market and rain on the post-Gustav rally.
Oil continues to trend downward, and airlines are again among the most actively traded pre-open (I noted yesterday that oil is down 27 percent since its July highs but the S&P 500 is only up about 5 percent since its July lows);
The Dow fell on Tuesday, despite a steep decline in the price of oil. Also investors hammered energy and materials companies. Has the commodity bubble popped?
Tropical Storm Gustav is moving slowly toward the Gulf of Mexico, and energy companies, governments and retailers are preparing, should it strengthen to hurricane status. CNBC asked energy and retail insiders to weigh in.
It's been a tough year so far for the markets with the Dow, S&P and Nasdaq down 13%, 13% and 10% respectively on a year-to-date basis. How will things look when everyone comes back from their vacations and the holiday weekend and volume begins to pick up again? Here is what history has shown happens after Labor Day...
The Homebuilders ETF (XHB) surged on Wednesday as mortgage applications climbed for the first time in 3 weeks. Are we turning a corner?
Democrat Barack Obama wants to raise taxes on Americans making over $250,000 per year. That may seem like a lot of money, but it depends a lot on where you live.
If a bottom in housing is coming, as Cramer believes, which one of these retailers do you buy?
The Dow fell sharply on Monday as credit concerns hounded financial stocks while global growth worries hurt big technology and industrial companies.
The Dow recorded triple digit gains on Friday due to a sharp plunge in the price of oil and talk that Lehman may soon attract a major investor.
Following are the day’s biggest winners and losers. Find out why shares of Home Depot and Barrick Gold popped while United Air Lines and Supervalu dropped.
The Dow and S&P 500 rose on Thursday as surging oil prices drove up energy shares, though fresh fears of more credit losses on Wall Street kept gains modest.
US stocks ended mixed Thursday as a jump in oil prices boosted oil stocks and speculation about a government bailout of Fannie Mae and Freddie Mac, and a possible takeover of Lehman Brothers, gave investors some hope that relief is coming.
Cramer makes the call on viewers' favorite stocks.
With the housing market in the doldrums and inflation running at a pace unseen in nearly two decades, consumers are not buying new homes. Instead they are fixing up the ones they have, a trend that is beginning to show up in the financial reports of retailers, the New York Times reported.