The U.S. Justice Department is reportedly investigating a multitrillion-dollar financial market in London involved with credit-default swaps. Stephen Beard reports why this probe could be the start of a crackdown.
One reason for the success of financial institutions like Goldman Sachs is the emphasis on high-frequency trading. Jill Barshay explores how fast technology can provide a cutting edge in the marketplace.
This week, Goldman Sachs, Citigroup, Bank of America and JP Morgan Chase report their second-quarter earnings. Stacey Vanek-Smith talks to Sam Stovall from S&P Equity Research, who thinks we'll hear some news of increase.
Congress met with regulators and government officials this weekend to come to a decision over CIT, a lender specializing in business financing. The banking group's troubles could have some major ripple effects. Mitchell Hartman reports.
Retail sales for the month of June are out, and they're not looking so good. But indicators do show that the pace of layoffs is slowing. Stacey Vanek-Smith gets more market analysis from Diane Swonk of Mesirow Financial.
It's the first day of the second quarter, and aluminum giant Alcoa is the first Dow-listed company to report earnings. Stacey Vanek-Smith talks to Doug Foreman of Highmark Capital about whether Alcoa can be considered a bellwether.
Today kicks off a new earnings season for U.S. companies, and Wall Street investors are working to manage their expectations during the recession. Bob Moon explores where and why analysts have set their sights low.
Major hospital associations have agreed to chip in $155 billion over 10 years for health care reform. Stacey Vanek-Smith talks about the move with Julie Niemann, an analyst from Smith, Moore and Company in St. Louis.
Stacey Vanek-Smith talks oil prices and the effect news of a second stimulus package is having on the markets with Sam Stovall, Chief Investment Strategist at S&P Equity Research.
The number of people applying for unemployment benefits for the first time rose unexpectedly last week and is still climbing. Steve Chiotakis explores the trend with Doug Foreman of Highmark Capital in San Francisco.
