When it came to the Brexit vote, Wall Street banks (and traders) assumed the worst. But they may have gotten it wrong. » Read More
Yesterday, I flagged some bullish options bets on Alcoa ahead of its earnings tonight, with investors snapping up nearly 50,000 of the 10-strike calls in the August expiry.
Are banks asphyxiating the recovery by hoarding money? Matt McCormick, banking analyst at Bahl & Gaynor, and Rick Santelli debate the question.
Stocks were under pressure Monday as a dismal jobs report last week and expectations for a gloomy earnings season nagged at the market. But the Dow turned positive as investors took advantage of the selloff and did some bargain hunting.
Stocks briefly pared their losses after a report showed improvement in the service sector.
After the long Independence Day weekend, futures indicated a lower open for Wall Street as second thoughts about the U.S. economy's recovery spooked investors after last week's worse-than-expected nonfarm payrolls numbers.
Stocks capped their third straight down week with a sharp drop Thursday as a weak jobs report muzzled all the green-shoots talk and investors hunkered down. The Dow lost 1.9 percent this week.
The Dow closed down by triple digits on Thursday with the widespread selling extended for an extra 15 minutes on the NYSE...
Peter Andersen of Congress Asset Management and Peter Costa of Empire Executions say there are still stocks worth buying. They offered CNBC their top picks now.
Despite the tough economic times and increased scrutiny from Washington, banks are keeping most fees at record highs, and are eking out slight increases on others like overdraft charges, the New York Times reports.
The Mad Money host highlights the trends that he thinks will dominate the third and fourth quarters.
The Mad Money host reacts to the latest research and offers calls on housing, the banks and more.
Download the full transcript of Warren Buffett's headline-generating live interview on June 24, 2009 with CNBC's Becky Quick.
Big U.S. banks like Citigroup and Bank of America are attractive because there is no chance of them failing, Ron Ianieri, chief market strategist at ION Options said Thursday.
Warren Buffett appeared live on CNBC with Becky Quick today, Wednesday, June 24, 2009. Buffett told us the economy is in a "shambles" with no signs of a recovery anytime soon. He also criticized Apple for not disclosing earlier that CEO Steve Jobs had received a liver transplant. This is a transcript of their conversation.
JPMorgan tops a list of the world's strongest banks, while Royal Bank of Scotland suffered the biggest loss of any lender last year, according to new industry rankings on Wednesday.
Warren Buffett's latest assessment of the U.S. economy will be a prime topic of conversation later this morning when he appears live on CNBC television. Buffett is scheduled to be interviewed by Squawk Box co-anchor Becky Quick at 11:45a ET, just before he hosts a charity lunch at New York's Smith & Wollensky steakhouse.
The financial sector reforms in the US did not go far enough to ensure the banking system was free of risks and easier to regulate, and more steps need to be taken to ensure banks are not too big to fail, Nouriel Roubini, chairman of RGE Monitor, told CNBC Monday.
Following are the week’s biggest winners and losers. Find out why shares of Aetna and Perfect World popped while Caterpillar and Wells Fargo dropped.
The Dow tipped into negative territory as traders jockeyed for postions on this quadruple-witching Friday. But techs rallied.
The Dow and S&P 500 gained on Thursday as data on the job market and regional manufacturing revived hopes that the economy may be stabilizing.