A constitutional referendum in Venezuela on Sunday is expected to significantly consolidate the power of President Hugo Chavez -- paving the way for a lifetime presidency and possibly an era of strong-man socialism -- but is not expected to fundamentally alter economic relations with the U.S., which are dominated by oil trade, analysts said Friday.
The Republican presidential candidate talks energy independence, trade tariffs and the mortgage crisis with Mad Money's Jim Cramer.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
While political reporters like me are largely focused on the 2008 presidential race, our dysfunctional governmental apparatus in Washington continues laboring, however haltingly, in search of some tangible accomplishments. And some of them would have significant impact on Wall Street and the business community more broadly.
ConocoPhillips Friday proposed to build a $30 billion natural gas pipeline from Alaska to the lower 48 U.S. states.
Today is a victory for bulls, and all sane, right-thinking people. All right, I'm exaggerating, but really I am very pleased with nothing happening. Why? 1) A big rally would have most certainly been sold off late in the day by bears fed up with the jubilant.
Uzbekistan wants to charge Russia more for its gas supplies from next year and will negotiate a new deal in December, an Uzbek energy official said on Thursday.
If the way events played out in 1990 is any indication, Cramer says yes.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The rally held. This was an important day, a day where the "sell in the last hour" juggernaut was broken, at least for the moment. There are many reasons, but short covering is the key: 1) Short covering in financials.
Fed Vice Chairman Donald Kohn, in one speech, has changed Wall Street's view on the Fed. While most market players have expected the Fed to cut rates, the Fed itself seemed to be sending another message and that had some investors vexed.
Natural gas producer and pipeline company El Paso Wednesday it has entered into an agreement to acquire a 50 percent interest in a liquefied natural gas project in Mississippi from Crest Group and Sonangol.
Forget banks. Now it's time to think oil.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.