World News Center
Stocks fall on European bank woes
September 9, 2010U.S. stocks fell Tuesday as renewed worries about European banks weighed on financial stocks and investors flocked to such safe-haven assets as the dollar, Treasurys and gold.
The new young investor: Shunning stocks
September 9, 2010When 18-year-old Robert White decided to jumpstart his retirement plan, he invested his life savings of $25,000 into an aggressive mutual fund.
Is Mark Hurd really worth $6 billion to Oracle?
September 9, 2010If it weren't insulting enough that Oracle CEO Larry Ellison publicly blasted Hewlett-Packard for letting Mark Hurd go, it now turns out that HP's loss is Oracle's gain.
Follow the smart money -- and the crowd
September 9, 2010Hedge fund manager Bill Ackman banked a $1 billion profit in 2008 on MBIA after waging a multiyear campaign against the municipal bond insurer. No one expected him to replicate his performance anytime soon.
Big bank bloodbath fears. They're ba-ack!
September 9, 2010Have you looked at how big bank stocks have done in the past few months? If so, you can be forgiven if you break into a cold sweat and start worrying about a repeat of the fall of 2008.
Stocks end higher after Obama speech
September 9, 2010Stocks ended Wednesday higher as investors shifted their focus from worries about European banks to President Obama's $350 billion jobs recovery plan.
Wall Street faces an economy at a 'crossroads'
September 7, 2010Stocks started September with a bang as investors cheered a rare dose of good economic news but investors may need to buckle in for the coming week: It's a holiday-shortened week with little on the docket to set the tone.
Dollar slips on return to risk
September 5, 2010As better-than-expected economic data boosted investor morale this week, the greenback lost some of its luster, falling against a basket of currencies.
Dow back in the black for 2010
September 5, 2010Stocks closed near session highs Friday, with the Dow erasing its losses for the year, as investors welcomed a better-than-expected report on the U.S. job market.
Saks stock shoots up 20% on buyout rumors
September 3, 2010Shares of luxury retailer Saks surged Tuesday after a British newspaper said the company could soon get a buyout offer of $1.7 billion.
