Insolvent, deficit, debt crisis. These words have been used for months characterising the debt ceiling.
Stocks closed to the upside in another thin trading session Wednesday after investors largely shrugged off a handful of weak economic news and looked ahead to Friday's employment report in addition to earnings season, which kicks off next week.
Stocks were modestly higher in another thin trading session Wednesday after investors largely shrugged off a handful of weak economic news and looked ahead to Friday's employment report in addition to earnings season, which kicks off next week.
Stocks edged higher in another choppy, thin-volume session Wednesday after investors largely shrugged off news that ISM non-manufacturing index slipped last month and China's latest interest rate increase.
Also: Portugal raised $1.2 billion in a 3-month debt auction, a day after having their debt cut by 4 notches to debt by Moody's. The bad news is they paid a steep price: 4.96 percent. The Portugese stock market is down 2.6 percent this morning.
Futures were lower Wednesday as traders were disappointed by China's latest attempt to slow inflation and some bad news from the jobs market.
Stocks closed higher Tuesday, with the Nasdaq rebounding into the positive territory for the year, as investors bet that Greece will be able to avoid a default on its debt and ahead of a crucial confidence vote in Athens.
Stocks advanced broadly after existing home sales fell less than expected and amid optimism over a confidence vote for Greece later this afternoon.
Stocks extended to their previous gains Tuesday after existing home sales fell less than expected and amid optimism over a confidence vote for Greece later this afternoon.
Traders are betting that the Greek government will survive, will approve the austerity measures, and will get the next tranche of its bailout funds. Good luck: the austerity plan reportedly includes a "crisis levy" on taxpayers for the next three to four years.
Futures climbed Tuesday as expectations grew that a solution will be found for Greece to avoid a default and a short-term contagion risk to other euro zone countries could be contained.
A critical midnight vote in Athens will keep markets tuned to the latest act in Greece's financial drama Tuesday.
The “Mad Money” host reveals his “Game Plan” for the days to come.
the New York Times reports.
Google hopes to nudge consumers and merchants into a world where the smartphone has replaced the wallet as the container for credit cards, coupons and receipts.
How remodeling has helped boost these companies’ bottom line.
Despite the correction, markets still look good, according to father-son duo Harry Clark, founder, president and CEO of Clark Capital Management, and Sean Clark, CIO of Clark Capital Management.
The "Fast Money" traders discuss the market movers that caught their eye this week.
Just a decade ago, sports drink consumers pretty much had one Gatorade option — full calorie Gatorade. Brand managers at the time reasoned that the formula for the masses didn't need to be changed. The Gatorade formula designed by four University of Florida doctors in 1965 was still perfect athletes of all shapes and sizes. But the business quickly changed.
Stocks closed well off the lows of the day after plunging in the wake of a powerful earthquake in Japan renewed investor fears about supply disruptions and the ongoing nuclear crisis, and as oil jumped above $110 a barrel. Caterpillar fell, while Home Depot rose.