Leveraged ETFs are for day traders. You can't manage long-term risk with a short-term tool -- especially not with one that can blow up in your face.
Berkshire Hathaway's net sank 96% in the fourth quarter. Warren Buffett warned of a bubble in the Treasury market.
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HSBC could announce plans Monday to raise at least $17.18 billion and cut its dividend as it braces against the economic downturn.
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From Dow Jones Newswires and Marketwatch
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The Dow industrials declined 120 points to end below 7100, capping the worst February for blue chips since 1933. The S&P; 500 fell 2.4%.
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Berkshire Hathaway's net sank 96% in the fourth quarter. Warren Buffett warned of a bubble in the Treasury market.
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A probe into how U.S. Oil Fund and others conducted themselves during a key trading period marks a renewed attempt by commodities regulators to rein in what they view as excessive speculation in the oil markets.
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The dollar and the yen remained higher against many major rivals, though they were off their best levels of the day amid swings in stocks.
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Berkshire Hathaway's net sank 96% in the fourth quarter. Warren Buffett warned of a bubble in the Treasury market.
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Policy makers in Europe are debating how to prevent a prospect that until recently seemed too improbable to consider: the default of one of the 16 nations that use the euro.
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Losses deepened at Blackstone as the firm suspended its quarterly dividend and absorbed billions of dollars in write-downs on its private-equity holdings.
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There's the $8,000 federal tax credit for first-time home buyers. And now California has upped the ante, offering a tax credit worth up to $10,000 to any home buyer, first time or not, of any income level, who buys a home between March 1, 2009 and March 1, 2010.
Some banks that look healthy based on old standards look inadequately capitalized by better measures. Which gauge will Uncle Sam use?
The Oracle of Omaha shows faith in the U.S. but warns on inflation.
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History shows that the road to recovery from a catastrophic bear market can be distressingly long.
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Financial firms are seeking to lure skittish investors with products that are touted as "safe," but they can still come with pitfalls.
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