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U.S. Stock Market Poised for Another Huge Drop

The bad news is that the stock market, as measured by the S&P 500, sits at 1,131, a low point it hasn't traded near consistently since late 2009. The worse news is that there's every reason to believe it will decline further to below 900, back to levels it hit around March 2009.

Overdraft Fees Remain High Despite Fed Rules

A year after the Federal Reserve enacted new rules to rein in abusive bank overdraft practices, fees remain high and some institutions actually have slapped on additional penalties, according to a new survey by the Consumer Federation of America.

Will U.S. Downgrade Bring On a Bear Market?

Standard & Poor's downgraded the U.S. debt rating for the first time on Friday. Coming on top of concerns of a second recession, the move has investors worried that we're headed into a bear market for stocks. Here's what a bear market would mean.

Saudi Prince to Build World's Tallest Tower

Saudi Arabia's Prince Alwaleed bin Talal -- a rich investor who holds stock in many of the world's largest companies, including Citigroup and News Corp. -- has announced his next investment: the world's largest tower.

Citigroup: The Most-Shorted Stock in America

Citigroup is the most-shorted stock on any major U.S. exchange. Its position at the top of the pack is due to the bank's stock price and ongoing concern about its balance sheets and mortgage foreclosure practices.

Face-Off on Stocks: Exxon Mobil, Chevron, Barrick Gold [Video]

Can you profit from the turmoil in the Middle East? Oil is now flirting around $100 a barrel and gold is continuing its upward trend. For investors, this could present an opportunity in oil and gold stocks. Here is the bull and bear take on three stocks that could rise on Mideast unrest.

What If the Dow Tracked Only the 'Industrials'?

It's been a long time since the DJIA tracked just America's smokestack economy. But today's economic rebound is being led so far by traditional manufacturers. And if you plot those Dow components as a group, you'll see they're leading the larger pack by far.

Jones Villalta Opportunity Fund Likes Financials, Tech Stocks

Where are the best deep-value investment opportunities? Where there is the most pessimism, of course. In this short video, fund manager Tom Villata talks about where he sees the greatest opportunities among blue-chip tech stocks and financials.

Morgan Stanley Earnings Come Up Short

Morgan Stanley posted a third-quarter net loss, hurt by special charges and declines in sales and trading activity in a market that's been low on volume for months. On an adjusted basis, the world's biggest brokerage missed Wall Street's forecast.

Morgan Stanley Earnings Preview: Profits Will Fall

Morgan Stanley is expected to report sharp declines in third-quarter earnings and revenue ahead of Wednesday's opening bell, hurt by months of weak trading activity. The financial giant is forecast to post earnings of 15 cents a share, less than half the 38 cents a share booked a year ago.

Seven Bosses We'd Like to See Go Undercover

It's great fun to see big-shot CEOs get out of their corner offices on the TV hit, Undercover Boss. But it would be even more fun to see America's true corporate titans on the show. We imagine undercover assignments for Steve Jobs, Warren Buffett, BP's Bob Dudley and others.

Face-Off on Stocks: Bank of America, JPMorgan Chase, Citigroup

The implosion of Lehman Brothers was just two years ago and yet Wall Street and the financial industry are still struggling to rebuild from the ashes. But as the economy recovers, are bank stocks good buys? Here are the bull and bear cases for three of the nation's biggest banks.

Morgan Stanley Earnings Preview: A Return to Profits

Morgan Stanley is expected to swing back to profitability in the second quarter when it releases results ahead of Wednesday's opening bell, but like other Wall Street giants, its revenues from trading likely swooned along with the market in spring and early summer.

Dow Dives 261 Points on Bank Earnings, Sentiment

Stocks fell sharply Friday after earnings from the nation's biggest banks disappointed investors and the latest reading on consumer sentiment plunged on job fears. The financial sector sold off more than 4%.

JPMorgan Earnings:
A Doubling of Profits?

JPMorgan Chase earnings come out early Thursday, and the nation's second-biggest bank should show strong results from investment banking and lower loan losses. The consensus is for 70 cents per share in earnings, up from 28 cents in the prior-year period.

Probe Into Big Banks Widens

Federal prosecutors are looking into whether banks misled investors about their roles in mortgage-bond deals. Targeted banks include Citi, JPMorgan Chase, and UBS. At the same time, New York's Attorney General is launching a separate probe of whether some banks misled ratings agencies.

Buffett Could Save Goldman

Questions about whether Goldman Sachs Group chairman and CEO Lloyd Blankfein can stay in his job are mounting. Could Buffett step in?

A Big Payday for JPMorgan CEO

Jamie Dimon, the CEO of JPMorgan Chase (JPM), will receive a $15 million to $20 million 2009 pay package -- many analysts had expected he would make much more. But even "modest" compensation packages for Wall Street CEOs will almost certainly still stir trouble among many politicians who claim that banks bailed out with TARP money have no appreciation for taxpayer sacrifices.

Why Is Wall Street So Cold to Such Hot Earnings?

You'd never know it from recent equity action, but fourth-quarter earnings season has so far been remarkably strong. Apart from when the news is bad, earnings reports have gotten the cold shoulder from investors so far this season.

Citigroup May Ask $10 billion for Private Equity Arm

Citigroup (C) may sell its private equity operations, Citi Private Equity, for $10 billion. The reason for the sale is simple. Citigroup is still trying to rebuild its troubled balance sheet and the $10 billion would come in handy. Of course, getting $10 billion may be easier said than done.