Stocks fell sharply Thursday as the Fed's lowered outlook and disappointing economic data rattled investors.
Stocks fell sharply on Thursday as the Fed's lowered outlook and disappointing economic data rattled investors, who had been recently feeling optimistic. Initial jobless claims dropped by 12,000 to a seasonally adjusted 631,000 last week, slightly higher than expected, and continuing claims surged to another record. Experts weighed in on the above and more. Read and listen to what they had to say...
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.
How do you define "free market". Yesterday, I argued the "free market" should determine if cars and trucks are powered by diesel fuel or by the conventional gasoline most vehicles currently use. This baffled some of you.
Stocks ended lower Wednesday as banks and techs pulled back and comments from the Fed poured water on the flicker of optimism.
Stocks pared their gains on Wednesday as banks pulled back but investors remained hopeful that the worst may be over for the economy. Treasury Secretary Timothy Geithner told a Senate panel that financial markets are "starting to heal" and that a program to remove toxic assets from bank balance sheets would begin in the next six weeks. Read and listen to what experts had to say...
A daunting litany of ills imperils U.S. banks, from toxic assets to rising loan defaults. After the irritating spectacle that played out in Washington yesterday, we can add a new threat: the Congressional Oversight Panel tracking TARP.
Stocks pared their gains Wednesday as banks pulled back but investors remained hopeful that the worst may be over for the economy.
Hewlett Packard reported earnings after the bell yesterday, and met analyst expectations. All 30 Dow stocks have now reported -- here is a summary of how the season stacked up.
Over the last two days, as I've blogged about new fuel efficiency rules President Obama laid out at the White House, I've been struck by the opposition to these changes.
The stock market may hit new lows this year or the next as the current rally has been largely caused by the money printed by central banks and fundamental problems remain unsolved, legendary investor Jim Rogers told CNBC Wednesday.
Stocks ended a rocky session mixed as a banks rally fizzled and an unexpected drop in housing starts left investors a little shaky. Still, a gauge of fear dropped below a key level.
Markets bounced back on Tuesday as banks rallied and a gauge of market fear — the Vix — dropped significantly. Stocks had gotten off to a weak start after a report showed housing starts unexpectedly fell to a record low. In the meantime, experts expressed mixed feelings about the market outlook. Read and listen to what they had to say...
Investors can control risk factors by investing in managed ETFs, said Carrie Coghill Kuntz, president and co-founder of D.B. Root & Company.
Former Coca-Cola Chairman and CEO Neville Isdell says he's watching PepsiCo's attempt to buy its two largest bottlers with great interest, but he wouldn't suggest Coke tread down the same path.
With the new mandate from Washington, this efficiency movement in the auto industry will pick up momentum, and several companies are positioned to profit.
Stocks bounced back Tuesday as banks rallied and a gauge of fear in the market dropped significantly.
Stocks declined Tuesday after housing starts unexpectedly fell to a record low.
For years, we've heard Detroit and other auto makers lobby against higher fuel economy standards because it would drive up costs and ultimately hurt sales of SUV's and pick-ups- vehicles Americans want.
Futures pared gains Tuesday after housing starts unexpectedly fell to a record low. Futures had been pointing higher for most of the morning, buoyed by news that banks may break free from the government's grip.