It's been a whipsaw day on Wall Street with traders trying to buy market bottoms.» Read More
"I think the market is in a little bit better shape than most people are willing to give it credit for," Laszlo Birinyi told CNBC. And the president of Birinyi Associates thinks investors would be better served by individual stocks than by exchange-traded funds (ETFs).
The week ahead may be volatile, but markets are greeting it with less anxiety than we've seen in several weeks.
Is is time to stop betting against financials? Yes, according to Dennis Gartman, founder of The Gartman Letter and a well-known investment strategist.
Anecdotal evidence that the U.S. consumer's marathon spending spree may be slowing to a trot increases daily. By some measures, the U.S. consumer makes up about 19 percent of the world economy and 70 percent of the U.S. economy, so the health of American consumption is key.
Stocks closed sharply higher after IBM's improved outlook kicked off a market rally.
Strong evidence is emerging that consumer spending, a bulwark against recession over the last year even as energy prices surged and the housing market sputtered, has begun to slow sharply at every level of the American economy, from the working class to the wealthy.
Wall Street plunged lower Friday amid renewed fears that some consumers are buckling under signs of a slowing economy. What’s the word on the Street?
Continued problems in the credit-card industry that spilled over into the broader markets renewed fears of a recession and sent stocks down sharply Friday, despite hopes for a looming interest rate cut.
Time to prepare your portfolio for next week -- and Steve Grasso of Stuart Frankel and John O'Donoghue, head trader at Cowen, offered CNBC/CNBC.com viewers and readers their top stock tips.
Jeweler Tiffany cut its fiscal-year earnings outlook Friday as same-store sales fell 2 percent in the United States during the November-December holiday period.
Stocks closed mostly higher on expectations that the Federal Reserve will cut interest rates and the U.S. government will help homeowners recover from the subprime mortgage crisis.
Jeweler Tiffany reported a sharp increase in third-quarter profit Friday, boosted by a gain from the sale of its Tokyo flagship store, and raised its full-year profit forecast.
Electronics are in, women's clothes are out -- and leather handbags and jewelry are on the fence heading into next week's unofficial start to the 2007 holiday season. U.S. consumers are struggling with soaring fuel and food costs and the falling housing sector.
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The recent art auction at Sotheby’s (BID) was anything but profitable after the company found itself unable to move a quarter of its paintings, including van Gogh's famed "Wheat Fields." That alone was expected to bring in at least $35 million. Is the luxury market still in tact?
“Power Lunch” is in Seattle to focus on the things that put the Pacific Northwest on the map, including the Internet and socially-conscious energy. Here's what some of the guests on the program are saying.
Wall Street bonuses are expected to drop as much as 40% this year. Will sales at luxury stores including Coach (COH) and Tiffany (TIF) take a hit?
Picture this: panicked banker/trader walks out of the New York Stock Exchange and realizes (gasp!) "Oh ****, it is Valentine's Day/our anniversary/her birthday?!" Where does he head? He follows the big orange sign across the Street to Hermes or down the Street to the Tiffany's that is about to open on the 10th. Who else is there?
Dubai has taken new steps toward becoming a true global financial powerhouse, buying 20% stakes in the Nasdaq and London Stock Exchange as higher oil has given the Gulf state even more money to invest. But why are exchanges so attractive to Middle East investors?
Time to dip into the Fast Money mailbag and answer more of your questions. Ken writes, “What happened to the recommendation to get out of gold if the Fed dropped its rates?