Stocks opened higher on Tuesday with financials leading. Ten banks are set to repay capital they received through the TARP. They're expected to give back some $68 billion, about twice what the government expected. Read and listen to what the experts had to say...
As expected, 10 banks are being permitted to repay their TARP money, a combined $68 billion. Oddly, they didn't name the banks, but it's JPMorgan, Goldman Sachs, Morgan Stanley, US Bancorp, American Express, Capital One, BB&T, Bank of New York, State Street and Northern Trust.
The ever-increasing threat of inflation and the spike we’re already seeing in commodity prices is highlighting the countless hedging opportunities available with commodity-based exchange traded fund (ETF) investors. It’s time to start thinking about how you’re going to hedge rising prices.
Stocks ended flat on Monday as a late rally fizzled after the Supreme Court issued a stay, temporarily halting the sale of Chrysler to Fiat. Stocks had staged a late rally as financials bounced back, after being lower for much of the day as last week's jobs report spurred worries that the Federal Reserve may raise rates at its next meeting. Read and listen to what the experts had to say…
Late day buying almost pushed the S&P 500 into new high territory--but fell back just at the close. Still, it was an impressive rally: we started the day with typical light summer volume; stocks were immediately under pressure from higher Treasury yields and a higher dollar.
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Richard Jerram, Chief Economist at the Bank of Singapore, explains the factors that led Japan to post a disappointing 1.8 percent annual rise in March exports.
Sunday, 20 Apr 2014 | 7:04 PM ET
While U.S. earnings remain an important market mover, Richard Jerram, Chief Economist at the Bank of Singapore, says attention will be on the China's HSBC flash purchasing managers' index.
Wednesday, 16 Apr 2014 | 12:00 AM ET
GM unveils new models, hopes for strong sales this year After massive recalls, General Motors is pushing forward with new car models unveiled at the 2014 New York International Auto Show. CNBC's Phil LeBeau explains.