China's growing ability to buy and sell millions of barrels of oil has given it so much clout that other traders are forced to follow its agreed prices.» Read More
Ratings agencies need to adopt universal standards to prevent the kinds of abuses that helped fuel the collapse of the credit markets, an industry whistleblower told CNBC.
Following are the day’s biggest winners and losers. Find out why shares of Yahoo and Foster Wheeler popped while Toll Brothers and McGraw-Hill dropped.
Not too many people can honestly say they saw the Wall Street crisis coming. Hear from someone who can!
Following are the day’s biggest winners and losers. Find out why shares of Energy Conv. Devices and McDermott popped while McGraw-Hill and Smithfield Foods dropped.
With shares of Fannie Mae up a whopping 150% over the last month, has the dash for trash run its course?
A recent court ruling that forced two ratings companies to defend fraud claims is a "game-changer" for the industry, said David Einhorn, head of Greenlight Capital.
Following are the week’s biggest winners and losers. Find out why shares of BP and Costco popped while McGraw-Hill and Alcoa dropped.
Investors all but bare their teeth at the mention of ratings agencies, after losing their shirts in the credit crisis. But the chickens may be coming home to roost!
Following are the day’s biggest winners and losers. Find out why shares of American Eagle and Nokia popped while Sun Microsystems and McGraw-Hill dropped.
Following are the day’s biggest winners and losers. Find out why shares of Advanced Micro Devices and Boeing popped while Toll Brothers and Harman International dropped.
Stocks skidded Tuesday after a report showed consumer confidence is waning amid worries about the job market. It was a struggle all morning as investors juggled another batch of disappointing earnings results against an encouraging report on the housing market.
Stock futures drifted slightly lower ahead of the open Tuesday as investors waited for the next batch of earnings and key economic data.
Following are the day’s biggest winners and losers. Find out why shares of US Bancorp and China Petroleum popped while Whirlpool and AMD dropped.
The largest public pension fund in the US has filed suit in connection with in losses that it says were caused by “wildly inaccurate” credit ratings, the New York Times reports.
In the overhaul of financial regulation proposed by the Obama administration on Wednesday, rating services will avoid the radical changes their detractors have urged.
Cramer makes the call on viewers' favorite stocks.
I’m so behind in opening up my mail, I must have 60 new books I still need to look at, but I did open one package today from McGrawHill. Inside, Robert Slater’s newest book, “SOROS: The World’s Most Influential Investor.”
Following are the day’s biggest winners and losers. Find out why shares of Texas Instruments and Hershey popped while Valero and McGraw-Hill dropped.
Now that there is a new Treasury Secretary in place, a revised plan for the financial bailout is expected and that could be a factor influencing markets in the next couple of days.
A broad array of businesses across the New York region have begun eliminating jobs by the thousands as the pain of the financial crisis spreads well beyond Wall Street, says the New York Times.