Stocks News

Canada's currency strengthened for a second day after global stocks gained, buoyed by a bailout of Citigroup Inc.

A Sept. 29, 2008 file photo shows a person is reflected in the window of a Wachovia Corp.

Analysis and Discussion with Joe Balestrino of Federated Investors: Pick High-Yield, TIPS, Agency and Investment Grade Corporate; Avoid Commercial Mortgage and Short-Term Treasuries

Live! from New York, NY: Interview with CFO Gary Crittenden

U.S. workers are increasingly cautious about investing in corporate retirement funds, having shifted money out of stocks, reduced how much they contribute and, in some cases, stopped contributions altogether or ...

Texas manufacturers remain somewhat grim when assessing the future of the state's manufacturing industry, according to a new report from the Federal Reserve Bank of Dallas .

Oil rose by almost a dollar a barrel on Monday as investors considered the prospect of a further OPEC supply cut and as stock markets rallied following the U.S. government rescue of U.S. bank Citigroup.

Wall Street is showing some early relief over the government's plan to bail out Citigroup Inc. Stocks are rising in the first minutes of trading, extending a big rally from Friday. Investors are hoping the government's plan to inject $20 billion into Citigroup and guarantee $306 billion in risky assets will address some of the uncertainty hounding the financial sector.

The market is also a little more optimistic because President-elect Obama is set to introduce his economic team on Monday and has called for another economic stimulus. Still, the early advance may not last; Wall Street has been known to quickly give back its gains amid the overall uncertainty in the economy.

Oil prices rose above USD 50 a barrel on Monday in Asia as investors gained some confidence from reports that US President-elect Barack Obama has chosen an economic team to tackle what could be the worst ...

Bailout fatigue gripped Asian markets Monday with most regional benchmarks retreating despite a U.S. government lifeline for ailing banking giant Citigroup.

News late Sunday in the U.S. that Washington would take a $20 billion stake in Citigroup and guarantee hundreds of billions of dollars in risky assets helped several Asian markets pare early losses, but not by much.

Hong Kong's Hang Seng index was down 210.26 points, or 1.6 percent, at 12,457.94, while Australia's key index recovered from morning losses to close 0.3 percent higher.