There is generally good news today. The soft news is that President Obama has acquitted himself well in his first real foray onto the international stage, including a press conference where he simply charmed reporters.
The sooner those banks which don’t need Federal Government loans – Goldman Sachs? Morgan Stanley? Wells Fargo? – can repay them, the better.
Tuesday: Consumer confidence squeaked above its record low. Ford announced an incentive program -- covering payments if a buyer is laid off -- similar to Hyundai's. GM's new CEO Fritz henderson said bankruptcy is possible within 60 days. J.P. Morgan said global banks will write down $17 billion more. CNBC heard from experts who said retail looks less scary, housing is finally coming back — but warned that inflation could be "kryptonite" for bonds.
April 2nd could be remembered as a pivotal day in the financial crisis. That’s when regulators could decide whether to relax mark-to-market accounting rules.
A specific policy change from Washington would put this sector back on its feet. Here are the stocks that might benefit most.
For the last several months, Americans have looked to Washington to lead them. But where’s the leadership on Wall Street?
Up and down Wall Street, bankers and traders sharpened their pencils on Tuesday as they began the complex financial calculus of the latest bank rescue plan. Their goal: to find ways to profit from it, the New York Times reports.
Hedge funds and mutual funds have reconsidered their bearish sentiments now that the market is turning. Retail investors, take note.
Amidst investor uncertainty about Treasury Secretary Timothy Geithner’s latest plans to rid banks of toxic assets, Dirk Becker of Kepler Capital Markets remains optimistic. He told CNBC that the plan may even make investment bank stocks a worthy investment.
Our traders are good but you knew that! Check out their latest picks that paid in this regular feature we call "Quicker Than The Ticker."
Following are the week’s biggest winners and losers. Find out why shares of Home Depot and Darden Restaurants popped while Capital One and Morgan Stanley dropped.
It seems the tensions between Wall Street and Washington are nearing the boiling point. And it could be one nasty explosion.
The Fast Money traders and a growing number of analysts are starting to highlight the risk of Congress overshooting in response to the outrage over the AIG bonuses.
Last night on the Jay Leno show, we had the first US President ever making an appearance on a late night comedy show. Jay Leno did his best to be a serious interviewer and asked questions about AIG and the economy.
Beleaguered financial stocks have been on a roll lately. Last week, executives from Citigroup, Bank of America and JPMorgan Chase said their banks were profitable in the first two months of the year.
Following are the day’s biggest winners and losers. Find out why shares of FedEx and Arcelor Mittal popped while Morgan Stanley and China Mobile dropped.
With the government making big investments these days in Treasuries, banks and the auto industry, should you trade in the wake of the biggest whale of them all?
The Dow fell on Thursday largely due to concerns that the Federal Reserve's latest efforts to battle the recession are too costly and untested...
Even in this anemic market, it appears the urge to merge is alive and well.
Stocks leapt higher on Wednesday after the Fed surprised Wall Street and said it will buy long-term Treasury bonds for the first time in four decades...