Stocks opened higher after Wal-Mart hit its earnings target but a pair of economic reports that missed expectations curbed gains.
As more and more Americans lose their jobs, the US government is following a path of policy decisions similar to those of FDR.
Futures pointed lower after a pair of economic reports came in worse than expected. Wal-Mart Stores reported earnings in line with expectations.
Stocks lost more than 2% Wednesday as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month.
Treasury is to make an announcement after the close to establish a regulatory framework for over the counter (OTC) derivatives. It's about time. These derivatives are exempt from regulation, and they ought not to be.
Stocks declined Wednesday as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month. A brief reprieve after the business-inventories report and comments from President Obama fizzled.
Stocks pared their losses Wednesday after a report showed business inventories shrunk at a slower pace and remarks from President Obama on health-care reform. Still, stocks remained under pressure as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month.
Stock index futures indicated a lower opening for Wall Street Monday, as bank shares continued to struggle and investors looked for guidance on the strength of the economy from retail sales numbers.
The Treasury will likely notify a group of asset managers later on Wednesday that they were chosen to take part in the first wave of the Public-Private Investment Program funds, CNBC has learned.
I like Julia Roberts. I also like Clive Owen. I didn't like their movie "Duplicity." I couldn't follow the whole thing and I figured why should I bother to spend $11 on a movie ticket when I can turn on the news and watch the real thing come out of Washington on a daily basis.
For the past two months, the market has seen week after week of gains. Cramer thinks we still go higher.
As the government pours billions of dollars into the struggling U.S. banking system, it's apparently coming up with another type of rescue—jobs for financial professionals..
The bears will tell you that Thursday’s declines were reasons for worry. Here’s why they are wrong.
left/CNBC/Sections/News_And_Analysis/_Blogs/Guest_Blog/__COVER/fratto_t_100_2.jpg1100100010lefttruehttp://msnbcmedia.msn.comfalse1Pfalsefalse With the "formal" release of the government's stress tests today - only a formality after weeks of leaks - an overlooked conclusion is this: TARP 1 worked, writes Tony Fratto former Deputy Assistant to the President and Deputy Press Secretary for the Bush Administration.
You know that theory that financial Armageddon was upon us and that another Great Depression was on the way? Not anymore.
The financials were up on Wednesday after Washington seemed to take the market's worst-case scenario off the table.
General Motors says it may offer current shareholders a reverse stock split that would give them one share of new stock for every 100 shares they currently own.
The nation’s debt clock is ticking faster than ever — and Wall Street is getting worried.
The Federal Reserve announced Friday that it will launch a much-awaited program in June to bolster commercial real-estate lending. And, to help make the program more attractive to investors, the Fed will provide longer, five-year loans
Yesterday the Treasury Department announced another element to the Home Affordable Modification Program (one part of the Making Home Affordable Program). It addresses what has been a big impediment to loan modifications so far, that is, second liens. Of the $12 trillion mortgage market, about $1 trillion are second liens (often called “piggyback loans”). According to the NY Times, 70 percent of those are held by banks.