Hello 2009: Dow Soars Above 9000

Wall Street successfully avoided a New Year's hangover on Friday as the Dow surged more than 250 points to end above the pivotal 9000 level for the first time since early November.

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Vote on the Best and Worst Executive of 2008

I don’t know about you, but I’m ready to kick 2008 right out the door, everybody is on my ninth nerve, which provides a most opportune time to ask you to vote on the best and worst executive that the world of finance had to offer in 2008. Below you’ll find the 2008 hit parade. Please log [...]

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Auto Bailout Saves Wall Street, Too

The White House today put forth a plan to loan the automakers a total of $17.4 bn, after a bruising debate in Congress and Detroit. One of the central arguments Detroit has used to get a taxpayer funded government bailout is this inequity, that the government has provided record bail out sums for Wall Street instead [...]

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Charles Payne: 3 Stocks, Charles' Choice

This is a new year and it always feels like this is a great time to turn the page, erase all the bad memories and look forward to things getting better.

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Back to Reality: Stocks End Red

The euphoria surrounding the end of 2008 appeared to evaporate on Monday as the markets sank back into the red, ending a streak of three consecutive triple-digit rallies.

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New Year's Eve Rally for Stocks; Oil Climbs

As Wall Street prepares to close out its worst year since the Great Depression, stocks posted early but light gains early Wednesday after traders got a labor market report that came in better than expected.

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Apple CEO Says He's Suffering From Hormone Imbalance

Despite speculation that Apple Chief Executive Steve Jobs health is waning, Jobs said Monday he's suffering from a hormone imbalance and not on his deathbed.

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The Best and Worst Executive Awards of 2008

Your votes are in, you have chosen the Best and Worst Executives of 2008, the most God-awful year this side of the Great Depression, a year which saw $13 tn, the equivalent of the annual GDP of the US, wiped out of investors’ net worth. A year in which both home and stock values read like [...]

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America's Credit Default Swap: You

The most famous patient in the history of neuroscience, a victim of “profound amnesia,” Henry Gustav Molaison, died this year. Molaison could not remember anything beyond 20 seconds, a real life character straight out of the movie Memento. Severe anterograde amnesia has also afflicted Congress and the homebuilders alike when it comes to what is aggravating the [...]

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How About a Little Depth in '09?

If you're mortgaged up to your eyeballs, if you've had to downsize and are feeling ashamed, if your business is doing poorly, the answer is to go inward.

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The TARP Sinkhole

When it comes to your tax dollars, Congress should be tight as a miser’s fist. But it isn’t. Not when it comes to the bailouts of the financials and the banking system. Many banks are getting bailout money when they should not qualify for the funds at all. Especially banks that willy nilly chucked loan money at [...]

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Market Winners and Losers in 2008

This past year was a rough one and one most would soon like to forget.

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Jobs Report Likely to Kill New Year's Buzz

The calendar may turn but we probably won't see much difference for the economy in economic reports due in the first week of 2009.

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Madoff Set to Disclose List of Holdings

Investigators may get a clue Wednesday into how much money might be available for victims in the Bernard Madoff scandal.

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