Main Street caught up to Wall Street, as the labor market showed continued weakness. Big gains have ruled the market most recently, but stocks slid in afternoon trading on concerns that private sector jobs continued to be cut.  The Dow Jones industrials were down 77 points, or 0.8 per cent, the S&...

Having suffered the worst thrashing the equities market has absorbed in two months, in Monday’s selloff, Wall Street, on Tuesday, adopted a defensive posture, eschewing any sharp moves and evidencing none of the volatility that characterized Monday’s downturn. In short, Wall Street played possum.  To...

It’s time to to open those 401(k) statements again. It might not last, but the solid rally on Wall Street over the last two months has at least cushioned the blow from the worst bear market since the early 1930s.  While some investors might have stopped keeping score, up to $4 trillion in retirement...

In an in depth article in Monday’s New York Times Jo Becker and Gretchen Morgenson paint a picture of the challenge facing Treasury Secretary Timothy Geithner during the ongoing financial crisis. Geithner is constantly being second-guessed about the rescue’s costs and results, as he is the...

Citigroup lost money but beat Wall Street’s expectations as investors look for further signs that the economy has begun to stabilize. Citigroup Inc. reported its smallest loss since 07. The bank on Friday posted a first-quarter loss to common shareholders of $966 million after massive loan...