Stocks tumble as Republicans balk at House Speaker Boehner's tax bill. But things could have been worse. Nike jumps on strong North American business. Trading ends early Monday, and markets are closed Tuesday for Christmas.
The Dow could open as much as 200 points lower after House Speaker Boehner pulls his 'Plan B' tax bill, which couldn't win enough Republican votes to pass. President Obama will have to come up with a specific plan, he says.
Existing-home sales rise in November, and prices move up, too. But one expert wonders if the housing bust will make many would-be buyers wary of the risks.
The weight-management company sees shares fall nearly 13% after a high-profile fund manager questions the business.
Investors are betting that strong gun sales will continue in anticipation of a crackdown on assault weapons.
The automaker needs to break its ties to the Treasury and will spend $5.5 billion to buy back shares. The government is in no rush to sell its remaining stake, however.
The New York Times says the retail giant routinely paid out bribes to win approvals for at least 19 big stores in Mexico. And the problem may extend to other international markets as well.
VIDEO ON MSN MONEY
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.