S&P credit rating agency on Thursday downgraded Chicago's general obligation bonds to A- from A+.» Read More
Stocks pushed higher Wednesday, led by techs and banks as optimism about the economic recovery gained strength and worries about the Goldman Sach charges subsided.
U.S. stock index futures struggled to find direction ahead of the open Wednesday as investors braced for the next batch of corporate earnings.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
With Goldman dragging down the market broadly should you start cherry-picking? Or are there just too many unknowns?
Financials plunged on Friday as fraud charges against Goldman sent investors scrambling. How should you trade the impact? What must you know?
Wall Street fraud allegations sent stocks tumbling on Friday. But don’t freak out. You can profit while others panic.
The most important implication of the Goldman story: regulatory reform just took a real hard turn to the left. How are Jamie Dimon and Lloyd Blankfein going to argue against regulatory reform now? Think about the outlandish headlines you might see: "hedge funds conspire with Goldman Sachs to crush US housing market."
2012 is the beginning of a 3-year period in which over $700 billion in risky corporate debt begins to come due, a surge that some analysts fear could overload the debt markets, the New York Times reports.
While the stock market continues to trade sideways, some investors seem to be turning negative on a number of S&P 500 stocks.
Buffett on making "dumb deals." This is part five of the transcript and video of Warren Buffett's 'Ask Warren' appearance on CNBC's Squawk Box on Monday, March 1, 2010. Topics include: Buffett's view on Kraft's acquisition of Cadbury, global warming, Goldman Sachs, Moody's, and Greece's debt problem.
Getting past "Pearl Harbor." This is part one of the transcript and video of Warren Buffett's 'Ask Warren' appearance on CNBC's Squawk Box on Monday, March 1, 2010.
Warren Buffett has a new nugget of pithy advice for investors in his latest letter to Berkshire shareholders: "When it's raining gold, reach for a bucket, not a thimble." Buffett recalls that last year's letter called corporate and municipal bonds "ridiculously cheap" compared to U.S. Treasuries. And we says Berkshire did "back" that view by making some purchases, but "I should have done far more. Big opportunities come infrequently."
Imagine if, one year ago, Congress had passed a stimulus bill that really worked. The New York Times explains that's exactly what happened.
As financial markets panic about the risks to the euro from laxer governments in southern Europe, the northern Baltic states are already in tight fiscal bandages as they experience Europe's most severe recession.
Warren Buffett's Berkshire Hathaway has lost its last remaining triple-A credit rating. Standard & Poor's dropped its ratings on Berkshire and its core subsidiaries from the top-level AAA to AA+.
Futures fell sharply Thursday after a surprise jump in jobless claims, a disappointing signal on the employment front ahead of Friday's jobs report.
What follows is a roundup of corporate earnings reports for Thursday, Feb. 4.
Asia's banking sector will return to stability this year driven by better economic conditions throughout the region, said Deborah Schuler, senior vice president for financial institutions group at Moody's Investors Service.
Warren Buffett's Berkshire Hathaway continues to trim its stake in Moody's with another reported sale. This latest reduction, however, is relatively small compared to recent days.
Warren Buffett's Berkshire Hathaway has cut its stake in Moody's to 13.5 percent after selling another 3.5 million shares of the credit rating agency.