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  • Stocks got a quick pop Wednesday after a report showed existing-home sales rose in April  but quickly retreated as the previous day's optimism faded and GM stirred anxiety in the market. But tech stocks gained, sending the Nasdaq into positive territory.

  • Stocks got a quick pop Wednesday after a report showed existing-home sales rose in April  but quickly retreated as the previous day's optimism faded and GM stirred anxiety in the market. But tech stocks gained, sending the Nasdaq into positive territory.

  • Futures pared earlier gains Wednesday to indicate a mixed open for Wall Street as optimism from the previous day's consumer confidence data dwindled and was replaced by anxiety about what looks like certain bankruptcy for General Motors.

  • Stocks barreled higher Tuesday as consumer confidence hit its highest level in eight months and a broker upgrade on Apple buoyed the Nasdaq.

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    This is the day current and retired UAW members at General Motors have been fearing. In stark terms union members are finding out just how much their benefits, their jobs, and what they've come to expect will be changing as GM restructures either in or out of bankruptcy.

  • Stocks recovered from a lower start Tuesday as consumer confidence hit its highest level in eight months and a broker upgrade on Apple buoyed the Nasdaq.

  • Stocks bounced back from a lower open Tuesday as a broker upgrade on Apple buoyed the Nasdaq.  Getting the market off to a jittery start after the three-day weekend, the decline in housing prices showed no signs of letting up and there were reports of another missile launch by North Korea.

  • Last week, the greenback was beat up especially hard after the Federal Reserve engaged in two US Treasury buybacks that showed a massive jump in interest to sell. This coincided with the warning from Moody's on the UK losing their AAA rating and Pimco's Bill Gross saying the US may be next.

  • After a long Memorial Day weekend, futures indicated a negative open for Wall Street Tuesday as reports that North Korea launched missiles caused alarm.

  • A New York Stock Exchange trader.

    "It's a 'show me' period, but the expectation is that the data is going to disappoint, as it mostly has for the last few weeks," said Binky Chadha, chief U.S. strategist at Deutsche Bank.

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    “We’re about to have a big problem,” one real estate expert told the New York Times.  “Foreclosures were bad last year? It’s going to get worse.”

  • Treasury Seal

    The Treasury Department's watchdog has uncovered improper backdating of cash infusions at six thrifts including IndyMac, in an investigation that already has prompted the removal of the federal thrift agency's acting director.

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    The government is providing auto lender GMAC with $7.5 billion in fresh aid to enable it to make new loans for General Motors and Chrysler vehicles.

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    The head of the Securities and Exchange Commission is objecting to a plan being considered by the Obama administration to create a new financial watchdog to protect consumers.

  • Financial Woes

    Americans were promised a reward for rescuing the nation’s banks. In return for all those bailouts, the banks essentially granted stock options to the government — a potential jackpot for taxpayers once the crisis blew over, the New York Times reported.

  • Sure, JPMorgan Chase and Goldman Sachs are top-notch firms, but they don’t hold the most potential upside. Here are the three that do.

  • Stocks flopped Friday, capping a dismal week, as bank stocks pulled back after recent gains.

  • Speaking near Albuquerque, New Mexico, at a town-hall meeting on Thursday, Pres. Obama said the federal debt load is unsustainable and warned of skyrocketing interest rates. He neglected to say that his massive spending-and-borrowing policies are directly causing this problem.

  • Stocks opened flat Friday as investors were encouraged by a pair of better-than-expected manufacturing readings but dismal economic data out of Europe and weak U.S. retail reports capped gains.

  • Futures pared losses Friday after a pair of better-than-expected manufacturing readings.