Stocks close lower amid Greece jitters
U.S. stocks hovered below the breakeven line throughout the trading day Monday, as investors anxiously awaited a Greek government decision on budget cuts that are key to securing a second bailout and avoiding default.
This is NOT a tech bubble
The Nasdaq is at its highest level since the end of 2000. Highly speculative companies like Netflix and Zynga are soaring, and investors are salivating about possibly paying 100 times earnings for Facebook when it goes public.
Greece on the brink
Officials in Greece were under pressure Monday to agree on the terms of a new bailout package, as the threat of a default hangs over the country.
Citi wins OK for Chinese credit card
Citibank won approval to issue its own credit card in China, making it the first non-Asian bank to enter that market.
Kiss QE3 hopes goodbye. And good riddance!
The strong January jobs report may finally put a nail in the QE3 coffin.
Facebook IPO shrinks private trading market
Facebook has played a big role in the private trading markets that allow eligible investors the chance to snap up shares of hot Internet companies years before they go public.
Auto stocks gain on jobs report. GM up 7%
Shares of General Motors and Ford surged on Friday following strong data on the U.S. job market.