At the so-called Woodstock for Capitalists, Warren Buffett spoke about sharing the wealth, The New York Times reports. » Read More
The New York Attorney General's office is negotiating with top Wall Street firms that received federal bailout money to forego executive bonuses this year, sources close to the attorney general told CNBC.
Shares of Warren Buffett's Berkshire Hathaway closed below $100,000 today (Monday) for the first time in just over two years. The most recent sub-$100K close before today was on October 20, 2006.
Citigroup CEO Vikram Pandit met with employees Monday to discuss major cut backs in the struggling firm's workforce aimed at calming market fears that the troubled financial services giant isn't taking the steps necessary to address its many ills, which include a bloated cost structured that has sent shares of its stock reeling.
Warren Buffett's Berkshire Hathaway sharply increased its stake in ConocoPhillips this spring and summer, accumulating a total of 84 million shares as of the end of the third quarter on September 30, according to Berkshire's just-released quarterly portfolio filing with the SEC.
If you're confused over changes in the TARP program CNBC's Steve Liesman thinks you could be missing something vital.
This stock's performance is a key barometer for the market, Cramer says.
US Bancorp is the latest Cramer-recommended bank to enter the M&A market.
Citigroup became the latest major lender to try to help borrowers stay in their homes, launching a program that may result in $20 billion of refinancings.
Almost 90 percent of homeowners in Mountain House, Calif., owe more on their mortgages than their houses are worth.
The Treasury Department's $700 billion bailout plan, also known as the Troubled Asset Relief Program (TARP), is one of the main U.S. tools to address the financial crisis.
Less than a month after walking away from Wachovia, Citigroup is in discussions to acquire another U.S. bank, the Wall Street Journal said.
Cramer makes the call on viewers' favorite stocks.
When all was said and done, futures are relatively flat. The game plan for the past two days has been to short the market going into the jobs report, and if it was not dramatically worse to push a modest rally.
The Dow plummeted on Wednesday, a day after Barack Obama's historic victory, as a fresh batch of dismal economic data underscored the massive challenges awaiting his administration.
'My estimates are 30- 70% below the Street and I think I’m still too high,' says Oppenheimer's Meredith Whitney.
Requests for help from top U.S. corporate charities has risen sharply, but spending in 2009 by some of America's largest foundations is likely to be flat as the companies behind them weather the global financial crisis.
Here's Cramer list of names investors might want depending on who wins Tuesday's election.
Stocks ended one of their worst months ever on a high note as signs of further thawing in credit markets lifted battered shares.
These are unsettling times in the financial services industry. But times of transition can bring opportunity for job seekers who can adapt to the needs of the market.
New York Attorney General Andrew Cuomo is demanding information about executive compensation and bonuses at nine banks that have received federal funds under TARP, the U.S. Treasury's Troubled Asset Relief Program.