MasterCard said it had agreed to buy 92.4 percent of the VocaLink Holdings which operates payments platforms on behalf of UK payment schemes. » Read More
Credit card holders who in ordinary years might have used their tax refunds to pay down their balances apparently spent the money elsewhere as the recession deepened in the first quarter.
There’s no keeping this market down. The S&P 500 recorded another day of gains; the current four-day advance is now the index's longest winning streak since early April.
Here's our Fast Money Final Trade. Our gang gives you Thursday's best trades, right now!
The bulls took charge of Tuesday’s trading and sent stocks more than 2 higher. The market's gains came after four straight days of losses.
Unemployment hit 8.9 percent in April and some predict that number could climb over 10 percent in 2009 as major companies further streamline operations to combat the recession. While some industries are more labor intensive than others, employee productivity is a key measure that managers and investors look at when evaluating performance. Take a look at which companies are squeezing the most out their shrinking workforces.
Peter Andersen of Congress Asset Management Company and Steve Grasso at Stuart Frankel, told CNBC how investors can prepare their portfolios for the weekend.
You likely know that President Obama is pressing to end abusive credit card practices. But there’s something else in the legislation...
If you're an investor who sells the rips and buys the dips then it's time to make your shopping list!
In time, markets will go higher — but there’s going to be a "vicious correction" along the way, said Doug Kass of Seabreeze Partners. Read his "Miley Cyrus" recovery theory.
A bit toppy here. S&P futures are down again this morning and are now about 39 points (4.2 percent) off our recent high on May 7th.
With the new credit card bill of rights looming in the not-so-distant future, Cramer takes to task the effect this will have on the big players in the credit card industry.
Just two months ago, nearly half of America thought we were freefalling toward another Great Depression. But that was then!
For the last 18 months, the world has focused on fear. The economy, equity markets, and just about everything else has collapsed. It's been very difficult to think about investing with a growth mindset. Depending on who you listen to, recovery is just around the corner or perhaps a year away.
Stocks eked out a gain after a rocky session Friday as investors weighed some encouraging economic reports against gloomy earnings.
Both the Dow and S&P continued their march higher on Friday as surging oil prices drove up energy shares.
The S&P was trading sideways around lunchtime Friday with investors booking gains on this first day of May rather than betting the run in stocks will continue.
Stocks had a wobbly start to the morning Friday as investors weighed some encouraging economic reports against gloomy earnings.
Stocks pared their losses Friday after economic reports showed consumer confidence soared to its highest level since before the fall downturn began and that manufacturing is showing signs of improvement.
Stock futures are set to begin May just slightly higher this morning. This comes off the heels of one of the best months in several years for the S&P 500. Most European bourses are closed today due to the May Day holiday.
Futures indicated a slightly higher open for U.S. stocks Friday as investors shrugged off Chrysler's bankruptcy announcement and decided to go against the 'sell in May and go away' mantra after April's successful performance.