U.S. stocks closed about 1 percent higher as investors cheered some recovery in oil prices, amid mixed earnings and the beginning of the Fed meeting.» Read More
Tuesday: Fed Chairman Ben Bernanke warned the "severe" U.S. recession may drag into 2010 unless the government succeeds in stabilizing the banking system and financial markets. Debate continues on bank "nationalization," with Bank of America insisting it won't need a bigger U.S. stake; and analysts wondering if Citigroup actually needs the government to pick up more than 40 percent. Experts told CNBC that fears of nationalization are overdone — and we're now entering the epicenter of the recession.
With the market at a 12-year low, it's a healthy exercise to try and find some good things in this world. Here are 5 things we bet you didn't think of...
Finishing the day at 7,114.78 yesterday, the Dow closed at its lowest level since May 7, 1997. 7 of the 30 current Dow components were not in the index when the Dow last saw these levels.
Stocks fell flat as investors grew more confident that the government will stabilize the battered financial sector, but technology remained weak.
As the Dow now contains five stocks under $10 (GM, C, BAC, AA, & GE), the Dow Industrials index has come under greater scrutiny on whether it is still a good gauge of the overall market.
Craig Peckham is hunkering down for a long period of softness in the economy, with stock positions that are clearly defensive. "We're steering clients toward health care and selective plays in the consumer staples space," the Jefferies equity trading strategist told CNBC. "Technology is also interesting."
Investing is a Darwinian death match these days. Here’s how you live through it.
A flurry of government activity has failed to stem uncertainty about the economy—and stocks could be paying the price for months.
The pace of corporate layoffs picked up sharply in January 2009, reflecting the worsening US recession.
Stocks closed slightly higher as Wall Street welcomed news that House-Senate negotiators had reached agreement on an economic stimulus bill.
Cramer makes the call on viewers' favorite stocks.
Anyone who has covered Intel during its 41-year history knows the company's strategy during tough economic times: You gotta spend money to make money, with today's announcement, Paul Otellini set a new standard.
Fifth Third Asset Management's Mary Jane Matts is an expert on value investing. So, in this topsy-turvy market environment, what does "value" mean?
Following are the week’s biggest winners and losers. Find out why shares of Amazon and Microsoft popped while Hartford Financial and Michael Phelps dropped.
More companies announced layoffs this week as the employment picture continued to dim. News Corp. became the latest victim of the weakening economy, announcing it is planning on cutting jobs after reporting a quarterly loss on Thursday.
More companies announced layoffs this week as the employment picture continued to dim. GlaxoSmithKline and Tiffany & Co. on Thursday became the latest victims of the weakening economy, each cutting an undisclosed number of jobs.
The fall of this near-passé technology could mean the rise of Netflix.
The list of companies no longer offering guidance is growing by leaps and bounds! Who's on it now and what’s a trader to do?
Stocks eked out a gain after a rough morning as banks got a boost from market chatter that the government may suspend a controversial accounting rule blamed for much of the contagion in the financial industry.
More companies announced layoffs this week as the employment picture continued to dim. Clorox, Time Warner Cable and Fidelity National Financial were among the latest names on Wednesday to announce job cuts.