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  • Stocks closed lower as comments from former Federal Reserve Chairman Alan Greenspan and worries about upcoming economic data deflated a rally fed by takeover news.  "The market's been held up by all of this M&A activity, not by fundamentals," said Ed Peters, chief investment officer at PanAgora Asset Management.

  • Oil Rises Towards $66 Even as U.S. Inventories Increase Wednesday, 23 May 2007 | 4:06 PM ET

    U.S. oil prices finished just below $66 Wednesday as U.S. warships put on a show of force off Iran's coast, coinciding with a United Nations agency report that said the Islamic republic had expanded its nuclear program.

  • Experts Split on Gasoline Price-Gouging Bill Wednesday, 23 May 2007 | 3:03 PM ET

    The U.S. House of Representatives passed a bill Wednesday to charge firms and individuals fines and criminal penalties for so-called gasoline price-gouging. On “Power Lunch,” experts debated the bill's benefits to and impact on consumers.

  • Big Oil Challenged on Refinery Capacity Wednesday, 23 May 2007 | 12:49 PM ET

    Oil giants have used limitations on refinery capacity to boost its pricing power, one consumer advocate claimed on CNBC's "Morning Call" -- though the industry defends itself by pointing to "record" gasoline production.

  • What's the best way to profit on high energy prices? Wednesday, 23 May 2007 | 12:36 PM ET
    Gas prices in the northwest section of the District of Columbia at this Exxon Gas Station are seen at more than $3.25 per gallon, Saturday, May 19, 2007, in Washington. A cash crunch is fast approaching for the government trust fund that pays to build and repair highways and bridges. The federal tax on a gallon of gas has not risen in 14 years and Congress is reluctant to increase it. People are demanding more fuel-efficient vehicles _ less gasoline used, fewer dollars for the fund.   (AP Photo/

    U.S. Oil fell below $65 as easing concerns that of a potential U.S. gasoline shortfall ahead of peak driving season in the world's top consumer.

  • Oil-Services Stocks Gain From Higher Crude Prices Wednesday, 23 May 2007 | 10:37 AM ET

    The current surge in oil prices is good news for some oil services and equipment stocks,  according to Terri Campbell, Eastern Investment Advisors Managing Director. Cameron International and Weatherford International are two that Campbell paticularly likes.

  • Mid-week Mania Wednesday, 23 May 2007 | 10:24 AM ET
    Sam's Club

    I am told by a very good source that Wal-Mart's headquarters in Bentonville has no test kitchen. The company that sells everything, including the kitchen sink... has none. A vendor coming to demo food at the world's largest retailer of food has "to cook in the Sam's Club employee lunch room, then wheel it over next door to Wal-Mart to present it."

  • Digging Through the Dow Tuesday, 22 May 2007 | 7:48 PM ET

    People just don’t believe Cramer when he says he thinks the Dow Jones Industrial Average will see 14,548 by year’s end. That’s why all week he’s breaking down each component of the index to show the nonbelievers from where the next 1,000 points is coming. 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.

  • Speculating on Natural Gas Tuesday, 22 May 2007 | 7:45 PM ET

    McMoRan Exploration is the gambling man’s natural gas play, Cramer says. Here's why.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.

  • U.S. oil services firm Halliburton is looking for major investors to take a stake in the company as it eyes around $80 billion in projects worldwide over the next five years.

  • Stocks ended mixed and the S&P 500 failed to close at a new record for the second straight session. "We started out a little weak, and then we had a nice little rally, but the buyers were already in and there was no place for stocks to go but down," said Tom Schrader, head of listed trading at Stifel Nicolaus. "It's indicative of the late stages of a bull market."

  • Oil Falls to $65 as Gasoline Supply Concerns Ease Tuesday, 22 May 2007 | 3:51 PM ET

    U.S. oil fell below $65 as easing concerns that of a potential U.S. gasoline shortfall ahead of peak driving season in the world's top consumer.

  • Record Gasoline Prices: Gouging or Supply and Demand? Tuesday, 22 May 2007 | 3:27 PM ET

    With gasoline prices at record levels, the debate has intensified over whether gasoline companies are gouging customers at the pump or simply responding to supply and demand. “We don’t know if price gouging is occurring at the pumps as of right now," Rep. Heather Wilson, (NM-R)  said on "Morning Call. "The Federal Trade Commission has no authority to investigate price gouging."

  • Profiting from High Gasoline Prices Tuesday, 22 May 2007 | 2:48 PM ET

    Gasoline prices are soaring -- but one "Morning Call" guest says the best revenge is investing well. Rob Cox, U.S. editor of Breaking Views, joined CNBC's Mark Haines to talk about "the middle squeeze" at the pump -- and how to play it.

  • Stocks ended mixed as the S&P 500 failed to hold above its previous record, despite another busy day of mergers and acquisitions activity. "Everyone knew that the S&P was going to reach its old record but clearly there is resistance there," said Stephen Porpora, managing floor broker at William O'Neil.

  • Retail Gasoline Prices Set New Record Monday, 21 May 2007 | 4:24 PM ET

    Retail gasoline prices climbed to another record, while crude oil futures jumped above $66 a barrel amid concerns that U.S. refiners are not producing enough gasoline to meet peak summer demand. A gallon of regular unleaded costs an average of $3.196,  according to AAA and Oil Price Information Service. Prices are up 33.7 cents from a month ago and 30.4 cents from a year ago, as demand remains strong, and a spate of planned and unexpected refinery shutdowns have constricted supply.

  • Stop Trading! Monday, 21 May 2007 | 4:04 PM ET

    On Stop Trading! today, Cramer reiterated his bullish stance on the oil drillers. Also, when it comes to tech -- look out below.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.

  • Oil Settles Above $66 on Renewed Nigeria Concerns Monday, 21 May 2007 | 3:31 PM ET

    U.S. oil surged more than a dollar to its highest settle in three weeks as unrest in Nigeria kept markets on edge for further supply disruptions from Africa's top exporter.

  • Russian Stocks Dragged Down by Political Energy Woes Monday, 21 May 2007 | 7:52 AM ET

    The Russian stock market is underperforming other emerging markets as the country’s oil giants such as GazProm drag the RTS Interfax Index down on political concerns.

  • Dow, S&P 500 Finish Higher For Seventh Straight Week Friday, 18 May 2007 | 5:17 PM ET

    Stocks closed broadly higher on Friday as the major markets hit new highs on takeover news and encouraging consumer data. "Right now investor sentiment is surging to the optimistic side," said Chris Johnson, founder and chief investment strategist at Johnson Research Group.

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