Dollar mixed amid European rate talk

The dollar was mixed against major currencies Tuesday as investors scooped up stocks and awaited the expected rate cuts of European central banks later this week.

Where to hide in the 'bear-cession'

Welcome to the "bear-cession." Not all bear markets have been caused by or accompany recessions but 2008 is clearly a year marked by both turmoil in the stock markets and the broader economy.

Stocks struggle higher

Wall Street muscled higher Tuesday afternoon, giving up bigger session gains, after GM and Ford said sales plunged in November and oil prices fell to fresh 3-1/2 year lows.

Oil at 3-1/2 year low, below $47

Oil prices continued falling on Tuesday, tumbling to 3-1/2 year low, as concern about the floundering global economy and falling demand again took center stage.

Credit market pressure eases

The credit market showed modest signs of improvement Tuesday as lending rates eased and investors anticipate European central banks will lower key lending rates this week, making borrowing cheaper in that region.

Wall Street hopes bolster Europe

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Stocks in bounceback mode

Stocks bounced Tuesday morning, as investors scooped up shares hit in the previous session's big selloff, when the Dow industrials plunged 680 points.

Goldman may post $2 billion loss - report

Wall Street firm Goldman Sachs may report a quarterly net loss of as much as $2 billion, according to a report in the Wall Street Journal.

Global markets drop after U.S. plunge

Global stock indexes fell Tuesday, led by sharp declines in Asia, a day after Wall Street swooned upon confirmation that the U.S. is in a recession.

Dollar mired in economic woes

The dollar gained against the euro and the British pound Monday after a slew of dismal economic reports and official word that the U.S. economy has been in a recession since December 2007.