U.S. stocks closed higher as oil hit highs for the year and investors continued to digest financial earnings and economic reports.» Read More
A fresh wave of economic worry swept across Wall Street, aggravated by a spike in wholesale prices, dismaying corporate results, and oil trading above $100 a barrel.
Big Blue saves the day for stocks, oil hits a new record, Google stumbles and more of the day's news in the Word on the Street.
Large-cap growth stocks, especially in the technology sector, are where investors ought to be putting their money right now, according to Jason Trennert. But the chief investment strategist and managing partner at Strategas Research Partners also holds financials -- very selectively.
Stocks slipped again today after an early rally, and the word "recession" seems to be rolling off everyone's tongue. CNBC asked market experts how investors can best weather this storm.
Time to sort through the Fast Money in-box and answer more of your questions. William writes, “Will other major banks cut their dividend like Citigroup did?”
What’s the best way to trade surging volatility in this unfriendly market?
Here is just a quick look at what you can expect in Wednesday's markets. Consumer inflation data and earnings news will help set the tone after Tuesday's rocky market. Before the bell earnings are expected from J.P. Morgan and Wells Fargo.
Online brokerage E-Trade Financial Corp, which has been pounded by credit woes in the mortgage business, said on Thursday that it was getting a $2.55 billion cash infusion from investors led by Citadel Investment Group.
Stocks closed higher in a shortened session as the kickoff to the holiday shopping season lifted retail stocks, while signs of progress in a plan to relieve credit market strain helped major banking stocks.
E-Trade Financial, the beleaguered online trader, is in talks to sell itself, according to people familiar with the situation. Bankers say that while there is plenty of interest, it is far from clear whether anything will get done.
Asset managers may be better insulated from subprime woes than banks, but should you bet on them as financials begin recovering from credit crisis?
For some time now, the watchword in investing has been "value." As a result, some fund managers think, the prices of growth stocks have slid to bargain levels. Tom Ognar, portfolio manager of the four-star Wells Fargo Advantage Growth Fund, agrees.
U.S. discount brokerage Charles Schwab posted a 40 percent increase in third-quarter profit Monday, beating analyst estimates as client assets grew to a record high.
U.S. discount brokerage Charles Schwab Corp reported a higher quarterly profit Monday as client assets grew to a record high.
Charles Schwab, the largest U.S. discount brokerage, Monday said it expects third-quarter profit from continuing operations per share to rise 30 percent to 35 percent from the second quarter.
Online brokerage TD Ameritrade Holding said Friday one of its databases was hacked and contact information for its more than 6.3 million customers was stolen.
The chief executive on TD Ameritrade told CNBC on Wednesday it could not comment on recent merger speculation but said the company continues to talk to competitors, as disclosed in a regulatory filing submitted several weeks ago.
Parts of the Charles Schwab Web site and phone system were temporarily knocked out or running slowly Thursday, leading to long waits for clients trying to access their accounts or execute trades, CNBC Silicon Valley Bureau Chief Jim Goldman has learned.
Discount brokerage Charles Schwab posted a 16% increase in second-quarter profit as new policies to attract clients paid off.
The Securities and Exchange Commission approved a plan to allow companies listed on the New York Stock Exchange to retain their three-letter ticker symbols should they transfer to rival Nasdaq Stock Market.