Economy
2220 Articles
The worst part of the recession cycle is beginning. News from several big sectors like retail, housing, and automotive has…
After Citigroup (C) and Merrill Lynch (MER) have announced their earnings, Wall St. will probably see what it expected. The…
According to Reuters, the National Retail Federation and its members are preparing for a slow year. Reuters writes that the…
According to The Wall Street Journal Citigroup (C) is "expected to announce a sizable dividend cut, cash infusion of at…
Citigroup (NYSE: C) is set to report earnings tomorrow morning. While this will be the first of the big money…
Late word is that the China Development Bank may pass on putting $2 billion into Citigroup (C) as was planned.…
CNBC reported that Citigroup (C) could have a $24 billion write-off. The source for that report is not clear. Last…
According to Reuters, CNBC is reporting that Citigroup (C) could write-down $24 billion. Reuters writes that automakers face big hurdles…
The Wall Street Journal writes that Prince Alwaleed bin Talal and the China Development Bank as putting money into Citigroup…
Perhaps Warrent Buffett was asked and perhaps he was not, but Citigroup (C) ended the week with more money in…
Merrill may have to write off another $15 billion for Q4. If the Fed and Treasury want to do something…
Citigroup (C) is in the market for another $10 billion. Merrill Lynch (MER) is looking for $3 billion to $4…
Short interest of stocks listed on the NYSE as of December 31 showed that retailers and financial companies had sharp…
According to Reuters, Capital One has warned that it will have lower than expected earnings. Reuters reports that Goldman Sachs…
Countrywide Financial (CFC) Chapter 11 rumors, Denial does not help. Drops to $5.05 from 52-week high of $45.26. MBIA (MBI)…
Our top personal finance-related articles today. Your wallet will thank you later.