A toxic jobs report, a federal lawsuit against banks, Euro-debt troubles and a run to safety are all threatening stocks today — and likely for the rest of the week, too.
On a day when the U.S. Labor Department says that the economy created zero jobs in the month of August, fresh data from the Federal Reserve suggests that one key component of U.S. gross domestic product growth — the vaunted U.S. credit card consumer – has taken his and her plastic and called it a [...]
Comparing Social Security to a Ponzi scheme is a bridge too far — unless the federal government fails to take action to curb entitlement spending.
As financial markets remain volatile, index funds may be an oasis of stability.
While the economy teeters on a cliff, Americans want to know what's inside President Obama's new jobs plan. Here are a few good guesses.
Sure, Hurricane Irene wasn’t the raging monster that forecasters and the media had warned about, but it still left billions of dollars in damage in its wake. Investors, however, have largely shrugged off the storm.
Before Warren Buffett poured $5 billion into one of the market’s worst performing stocks, he reportedly called CEO Brian Moynihan personally and said he wanted to invest in Bank of America, calling it a “strong, well-led company.”
Now that Steve Jobs is out as Apple CEO, how will Wall Street react?
Like the rest of the market, bank stocks have taken a beating in August, led by Bank of America, which is down 40% over the past four weeks. But investors waded back into the sector Wednesday, propelled by a surprisingly upbeat assessment of BofA that pushed its shares up almost 11% for the day.
Wall Street analysts: think "big" in small market.
Consumers are issuing a big vote of "no confidence" in the economy — and that's holding back the stock market.
