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  • US Airways CEO: Airlines Must 'Change the Rules' Tuesday, 5 Aug 2008 | 12:51 PM ET

    Airlines must "change the rules" in order to survive high oil prices and the other challenges the industry faces, said Doug Parker, chairman and CEO of US Airways Group.

  • IEA: Oil Prices Still High Despite Plunge Tuesday, 5 Aug 2008 | 11:00 AM ET

    Oil consumption in the United States and OECD nations is weakening but China and India have yet to show signs of falling demand, making it unclear if the price fall below $120 is a turning point, the IEA's chief said.

  • The commodity decline that began a month ago and accelerated yesterday is continuing this morning. Traders are worried about the muted reaction from the stock market and are hopeful we will get a better reaction today.

  • Oil prices hit a three-month low of $118 a barrel on Tuesday, prompting some analysts to say oil's six-year rally has run its course—but only for now.

  • OPEC Unlikely to Change Oil Output in Sept: Source Tuesday, 5 Aug 2008 | 5:25 AM ET

    OPEC is unlikely to change oil output in September to reverse the recent price fall unless the slide continues to below $80 a barrel, an OPEC source said on Tuesday.

  • Pops & Drops: Dell, Exxon Mobil & Kevin Bacon Monday, 4 Aug 2008 | 10:11 PM ET

    Following are Monday's biggest winners and losers. Find out why shares of Dell and Elan popped while Exxon Mobil and Freightcar America dropped.

  • For Fed, Keeping Rates Steady Is the Easy Part Monday, 4 Aug 2008 | 8:01 PM ET

    Wall Street widely expects the Fed to keep interest rates unchanged Tuesday as the central bank grapples with a faltering economy, shaky financial system and higher prices.

  • Commodities Shaken, Stocks Not Stirred Monday, 4 Aug 2008 | 7:35 PM ET

    Stocks dropped ahead of the Fed decision, and commodities were beaten senseless following a huge spike in trading volume around midday.

  • Market Insider: Tuesday Look Ahead Monday, 4 Aug 2008 | 7:25 PM ET

    It's the Fed's turn to sway the markets Tuesday, but stock traders will keep their eyes on the volatile oil and commodities markets.

  • Today's Top Videos: Merrill Chief, CDOs & More Monday, 4 Aug 2008 | 6:29 PM ET

    Today on CNBC, Merrill Lynch CEO John Thain gave an exclusive interview, and the chairman of Rosen Real Estate Securities claimed that economic recession has only just begun. What follows are today's top videos:

  • Anadarko Earnings Drop on Hedging Losses Monday, 4 Aug 2008 | 6:18 PM ET

    Anadarko Petroleum said on Monday that its second-quarter net income dropped sharply on losses related to hedging, and year-ago results included a big gain for asset divestitures.

  • US Retail Gasoline Prices Hit 11-Week Low Monday, 4 Aug 2008 | 5:35 PM ET
    Gas Pump

    U.S. drivers found more relief at the pump as the national price for gasoline dropped to its lowest level in 11 weeks, the government said on Monday.

  • Drill, Drill, Drill Is Working Monday, 4 Aug 2008 | 4:55 PM ET

    As Sen. John McCain and the GOP leadership nationalize the drill, drill, drill message, the Republican party might conceivably be riding a summer political rally. The question of offshore drilling has suddenly become the biggest political and economic wedge issue of this election.

  • Goldman Economists Downgrade Outlook Monday, 4 Aug 2008 | 4:07 PM ET

    Goldman Sachs economist Jan Hatzius said the economy is entering a second slowdown phase and he expects a further decline in housing prices into next year. Today, he lowered his fourth quarter outlook to flat GDP, and he now expects two stagnant quarters - Q4 and Q1 - before the economy stages a sluggish recovery in 2009.

  • Crescenzi: Obama Effect on Oil Monday, 4 Aug 2008 | 1:06 PM ET
    Barack Obama

    In early July I published a note discussing how expectations of an Obama win could knock $40 off the oil price. The note is below. One piece of the puzzle was put in place today with Obama mentioning that he might tap the Strategic Petroleum Reserve (SPR).

  • Is Natural Gas the Answer To Energy Needs of US? Monday, 4 Aug 2008 | 1:00 PM ET

    Natural gas has many virutes, but recent proposals to encourage demand could boost prices for consumers and petroleum-dependent industries.

  • Week Ahead: Volatile Stocks, Oil Watch, Fed on Hold Monday, 4 Aug 2008 | 11:12 AM ET

    Oil prices will be the trigger for stocks in the week ahead. The Fed meets Tuesday and as usual, traders will watch for nuances in the Fed's post-meeting statement.

  • Saving GM: Why Wagoner Won't Go Monday, 4 Aug 2008 | 10:09 AM ET

    After almost 10 years of covering General Motors, including the last year going behind the scenes for our upcoming documentary "Saving GM", I often hear the same question time and again. Where is chairman and CEO Rick Wagoner taking this company?

  • OPEC Output Up for Third Month in July: Survey Monday, 4 Aug 2008 | 9:25 AM ET

    OPEC oil supply rose for a third consecutive month in July due to higher output from the world's top exporter Saudi Arabia and smaller increases from other members, a Reuters survey showed on Monday.

  • Mahmoud Ahmadinejad, president of Iran

    The U.S. said the U.N. Security Council will have to increase sanctions against Iran for ignoring demands that it freeze sensitive nuclear activities.

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