S&P 500 stock index futures rose in electronic trading on Sunday after media reports detailed the U.S. Treasury's three-pronged bid to cleanse the financial system of toxic assets clogging banks' balance sheets.
S&P 500 stock index futures rose at the start of electronic trading on Sunday after media reports detailed the U.S. Treasury's three-pronged bid to cleanse the financial system of toxic assets clogging banks' balance sheets.
Wall Street's attempt to recover further from 12-year lows faces its biggest test yet this week in the Treasury's long-delayed bank rescue plan.
Bosses at French bank Societe Generale gave up their stock options and the government said it might give new funds to support youth employment on Sunday in moves aimed at calming public discontent.
French bank Societe Generale said on Sunday four of its bosses would give up stock options they had awarded themselves earlier this month causing public outcry because the bank is benefiting from state aid.
Wall Street's attempt to recover further from 12-year lows faces its biggest test yet this week in the Treasury's long-delayed bank rescue plan.
Wall Street's attempt to recover further from 12-year lows faces its biggest test yet next week in the Treasury's long-delayed bank rescue plan.
Hundreds of people in the United States are under investigation for financial scams, many involving Ponzi schemes, a U.S. regulator said on Friday, calling the phenomenon rampant Ponzimonium.
Stocks slid on Friday as the Federal Reserve's plan to rekindle consumer and small business lending fell short of expectations and General Electric was hit by analysts' bearish comments.
Stocks fell on Friday as a Federal Reserve's plan to rekindle consumer and small business lending fell short of expectations and General Electric was hit by bearish analyst comments.
Chrysler LLC said on Friday that Italy's Fiat SpA would not assume any of its debt under a proposed alliance between the automakers, backing down from a claim it had made just a day earlier in a bid to bolster support for the deal.
Stocks fell on Friday, as long-standing worries about the health of the banking system resurfaced and a brokerage said American Express may post yearly losses and cut its dividend.
U.S. stocks fell on Friday as bank shares slid following news of a tepid debut of a key U.S. Federal Reserve measure to revive lending.
Stocks were little changed on Friday as financial shares fell after the tepid debut of a Federal Reserve measure to revive lending, offsetting investors' bets that mergers could heat up after reports IBM was in talks to buy rival Sun Microsystems.
Stocks fell on Friday, dragged down by financial shares after a tepid debut of a Federal Reserve measure to revive lending.
By Gilles Castonguay
Stocks rose on Friday as a further rebound in shares of natural resources companies offset bleak corporate outlooks and fears of inflation.
UAL Corp , parent of United Airlines, said on Friday it expects an $80 million cash loss related to fuel hedge contracts that settled in the first quarter.
By Ellis Mnyandu
Italy's Fiat SpA denied on Friday it would assume any current or future debt from Chrysler LLC , the troubled U.S. car maker with which it plans to form a partnership.
By Ellis Mnyandu
U.S. stock index futures pointed to a lower open on Friday, extending losses from the previous session, as investors became concerned about the inflationary effects of the Federal Reserve's move to buy long-term Treasuries.
By Carolyn Cohn
The U.S. dollar edged higher on Friday but still headed for its biggest weekly fall in 24 years on investor fears that it will lose its status as the world's reserve currency, while oil prices ceded ground after a recent rally.
By Rafael Nam
By Leah Schnurr
By Leah Schnurr
Stocks trimmed earlier losses on Thursday, while the Nasdaq briefly turned positive, helped by a jump in shares of Oracle after the business software maker reported results that beat forecasts.
Stocks fell on Thursday due to profit-taking in financials, a drag from the health-care sector and a bearish broker comment on 3M Co. Investors were also unsettled the the Federal Reserve's move to inject $1 trillion into the financial system could stir inflation in the long term.
By Matt Daily and Walden Siew