The stock market looked to end 2009 on a down note as institutional investors made some last-minute adjustments to their portfolios.
U.S. stocks slipped Wednesday, led by consumer and energy sectors, as preliminary oil-inventory data were mixed.
The use of credit-default swaps, or private, insurance-like contracts, exploded in recent years into a murky, $60 trillion worldwide market with little government scrutiny.
In a first, Toyota led the U.S. auto industry in recalled vehicles this year, thanks to its largest safety-related problem since it began selling vehicles in the United States.
Stepping into the new year, Herbert Beyenbach of Boca Raton, Fla., an active trader in stocks and options, is making a move into shares of Citicorp and a financial stock fund.
If you listen to hospital lobbyists in Washington, the industry teeters on the brink of financial ruin, depending on how health-care reform plays out.
The average fixed-rate for a 30-year mortgage climbed above 5 percent for the first time in two months, leading to a decline in mortgage applications.
The Treasury Department is mulling whether it will ask Congress for legislation to provide some relief from its rules for the Troubled Asset Relief Program for small banks to use to lend to small businesses, bank advocacy groups said Wednesday.
Stocks have ended an erratic session with a slight gain as rising commodities prices offset disappointment over an unexpected drop in home sales.
It's a typical December on Wall Street. Bankers are paying out big fat bonuses.