Tuesday, 30 Dec 2008 | Source: CNBC.com
Stocks rose on Tuesday following news of Washington's $5 billion lifeline to GMAC. What follows are video highlights from the investment pros.
Friday, 5 Dec 2008 | Source: CNBC.com
Blacker Friday? Job losses in November were the worst since 1974, as U.S. employers cut payrolls by 533,000. Mortgage loan delinquencies and foreclosures hit record highs in the third quarter — though one economist likes falling mortgage rates. Merrill Lynch cut its oil forecast, saying a temporary downspike of $25 is even possible. But one analyst praised the oil plunge as the equivalent of a "huge tax cut."
Thursday, 4 Dec 2008 | Source: CNBC.com
Lousy sales, weak earnings and more layoffs reigned over Thursday, with glum news from Nokia, Viacom, Merck, AT&T, DuPont, Credit Suisse and retailers across the board. European central banks enacted big rate cuts. And Fed Chairman Ben Bernanke urged more government efforts to stanch soaring home foreclosures. But CNBC heard from experts who say that while the news will get worse through 2009, markets will periodically rally — and one strategist sees the Dow at 12,000 in 2010.
Wednesday, 3 Dec 2008 | Source: CNBC.com
President-elect Barack Obama nominated Gov. Bill Richardson (D-NM) for commerce secretary Wednesday, the same day that United Auto Workers President Ron Gettelfinger announced the UAW would make huge concessions in order to help the Big 3 automakers nail government bailout funds. CNBC heard from experts who said the drop in gasoline prices bodes well for the first quarter and Ben Bernanke just may save us from a severe recession. (UPDATED)
Monday, 17 Nov 2008 | Source: CNBC.com
As recession fears continue to spread globally, investment banks like Goldman Sachs scramble to survive — and investment gurus alter their tactics and strategies to roll with the damage. CNBC's expert advisors gave their outlooks on what's coming and what to do about it.
Wednesday, 5 Nov 2008 | Source: Reuters
Wells Fargo on Wednesday said it plans to sell at least $10 billion of stock to help fund its purchase of Wachovia, which will create the fourth-largest U.S. bank by assets.
Tuesday, 28 Oct 2008 | Source: CNBC.com
Scarcity of Volkswagen stocks after Porsche bought up nearly all the remaining free float triggered a short squeeze that pushed VW's market capitalization above that of Exxon at some point Tuesday.
Monday, 27 Oct 2008 |
Posted By:
Cindy Perman |
Source: CNBC.com
Stocks sold off in the final minutes of trading as uncertainty got the best of the market. The Dow lost more than 200 points.
Monday, 27 Oct 2008 | Source: CNBC.com
Stocks advanced Monday afternoon as investors weighed better-than-expected new-home sales report against worries about a global slowdown.
Monday, 27 Oct 2008 | Source: CNBC.com
Stocks turned higher in a see-saw session Monday as investors were encouraged by a better-than-expected new-home sales report but carried the weight of worry about a global slowdown.
Monday, 27 Oct 2008 | Source: CNBC.com
Stocks opened lower Monday after another wave of selloffs across Asia and Europe as investors worried about a global recession.
Monday, 27 Oct 2008 | Source: CNBC.com
U.S. stock index futures pointed slightly lower Monday after another wave of selloffs across Asia and Europe as investors worried about a global recession.
Monday, 27 Oct 2008 | Source: CNBC.com
The wave of stock selloffs sweeping world markets may be partially caused by the fact that many governments increased guarantees for bank deposits, making them a much safer investment, Marc Faber, author of the "Gloom, Doom and Boom Report," told CNBC Monday.