Update: The House is moving quickly. They already have a Discussion Bill in circulation regarding the Treasury’s proposal. (READ STORY TO SEE IT.) The Dow moved in a 300 point range (which is normal for the past couple of weeks) today to end near the lows, but the volume has been much lighter than last week.
Warren Buffett's Berkshire Hathaway has added a new stake in NRG Energy, according to a just-released portfolio 'snapshot' of its holdings in U.S. publicly-traded stocks as of June 30. A sharply reduced stake in Anheuser-Busch may have been a bet that InBev's initially unsolicited offer for the U.S. brewer would prove to be unsuccessful. Conoco-Phillips data is kept "confidential."
The latest overall job loss numbers showed a loss of 51,000 jobs in June and a jump in unemployment rate up to 5.7%. The drop is still well below the six figure numbers seen in past recessions. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
The Lightning Round is extended in this CNBC.com exclusive feature.
Cramer makes the call on viewers' favorite stocks.
By anyone's reckoning, it was a rough week. Crude oil continued its relentless climb; banks and brokerages gave hints of more discouraging news; government data pointed to a weak economy; even strong companies like Nike, Oracle, and Research In Motion issued cautious guidance; and Federal Reserve policymakers, widely perceived as powerless to help, left interest rates unchanged. But all week, even through the worst of the market's sell-offs, CNBC guests offered
To help investors through this volatile market environment, CNBC asked the experts for their best trades now.
Charlie Smith sees long-term opportunities in American companies -- but says keep your distance from consumers. Meanwhile, here's what to buy.
Friday was the first day in what should be a good run in the market.
Plus, why is China drinking our milkshake?
How a key acquisition turned this smokestack industrial into a new-tech stock.
Plus, concerns about First Solar, and oil's affect on natural gas prices.
What's Buffett buying? The answer appears to be 'not much' in the first quarter of this year, although his stakes in two healthcare companies and Kraft Foods did increase somewhat. Berkshire Hathaway's just-released disclosure of its U.S. stock portfolio holdings as of March 31 does not include any new names.
Recession? What recession? These American firms are outperforming.
At annual meetings across the country shareholders are making the yearly pilgrimage to have their voices heard, and votes counted, at the companies they own. In some cases, those shareholders have a hand in changing the way the firm does business.
What's the trade as a decline in construction spending threatens our already fragile economy?
Following are the day’s biggest winners and losers. Find out why shares of ValueClick and Goodyear Tire popped while Liz Claiborne and Ingersoll Rand dropped.
The story is on international growth today. Marriott beat, and along with everyone else on the planet reported stronger revenues (revenue per available room, or RevPAR, in this case) internationally than domestically: up 9.2 percent vs. 6.2 percent. First quarter guidance a tad below expectations. Remember, Starwood cut its 2008 forecast a short while ago.
A little legal help from Congress and this stock could be a real winner, Cramer says.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The sector's so hot even sprinklers are making money.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.