Steve Forbes, CEO of Forbes Inc., and Rudolph Giuliani, former mayor of New York City, offered CNBC their insights into health care reform, energy policy including cap-and-trade — and the Obama administration's Achilles heel.
The Dow opened down 53, but that is the low for the day, so far...it's been straight up from there and the index has now gone green, led by industrials like Boeing, our parent GE, Caterpillar, United Technologies, and a few consumer stocks like Kraft, Coke, and P&G.
Stock futures drifted slightly lower ahead of the open Tuesday as investors waited for the next batch of earnings and key economic data.
Another flood of earnings news will help guide Tuesday's market, after stocks held steady Monday.
The stock rally turned tepid Monday as earnings news receded and traders lost their initial enthusiasm from strong new-home sales. Art Cashin, director of floor operation at UBS Financial Services, offered CNBC his stock-market insights — and projections through the autumn.
“There’s no such thing as work-life balance,” according to Jack Welch, one of the most admired CEO’s of the 20th century.
There is no doubt that something has to be done about the rising cost of health care in the United States. The status quo is a recipe for disaster and, considering the gigantic federal deficit, the last thing the United States needs is an even larger anchor on fiscal health.
All the major US indexes were up 4% or greater for the week, after closing roughly flat for the day on Friday. The Dow crossed and remained above 9,000 on Friday, posting its best 2-week percent gain since late March 2000.
The Dow broke 9,000 yesterday — and has hovered at that level Friday. What's next for stock markets? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his insights.
For the past 14 years I have traveled worldwide helping businesses of every imaginable size and in dozens of different industries focus on the most important factors for business success. What I have discovered along the way is that business is much less complex than I thought it was, writes author John Spence.
What should investors expect from the markets in the second half of 2009? Jack Ablin, CIO of Harris Private Bank and Maury Fertig, CIO of Relative Value Partners gave their outlooks.
The Dow jumped above 9,000 Thursday as investors shook off a rise in jobless claims and focused instead on encouraging earnings from Ford Motor and 3M. Additionally, existing-home sales rose for a third straight month, climbing 0.3 percent to a seasonally-adjusted rate of 4.89 million in June. Inventories fell 0.7 percent. Watch and listen to what the experts had to say...
Analyst “just don’t get it” when it comes to taking risks and here are some reasons why, said Fred Fraenkel, vice-chairman of the Beacon Trust Company.
Amid choppy earnings, is the rally running out of steam? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his stock-market insights Wednesday.
Stocks bounced back from a lower open Wednesday, but bank stocks skidded after two of Wall Street's biggest names issued disappointing earnings. Morgan Stanley and Wells Fargo both declined, even though the Wells numbers appeared to beat analyst estimates. Traders appeared to be focusing on the sustainability of the Wells numbers, while Morgan's loss was much broader than expectations. Another heavy earnings calendar will shape the market's day again. Read and listen to what the experts had to say...
Think of Wall Street as an obese person trying to find a healthy lifestyle. Then you'll begin to understand second-quarter earnings this year.
Though manufacturing has long been in decline, the loss of factory jobs has been especially brutal of late, with nearly two million disappearing since the recession began in December 2007. Even a few chief executives, heading companies that have shifted plenty of production abroad, are beginning to express alarm.
AEG Live is looking to recoup the $30 million-plus it spent producing Michael Jackson's unrealized concert tour, and now it's selling off the rights to the rehearsal footage. Sources tell me that Sony Pictures Entertainment has bid $50 million to acquire the distribution rights.
Sony's movie studio has bid $50 million to acquire the worldwide distribution rights to a film based on rehearsal footage for Michael Jackson's "This Is It" comeback concert series.
So far, earnings this quarter have painted a mixed picture, some good some bad, but they're far from the disaster some had feared.