*China Feb exports tumble unexpectedly, heighten slowdown fears. SINGAPORE, March 10- Brent futures slipped towards $108 a barrel on Monday as data showing an unexpected fall in China's exports added to fears of a slowdown in the world's No. 2 economy, though geopolitical tensions in Ukraine and Libya limited the decline.» Read More
Robert Hormats--who served on the National Security Council during President Gerald Ford’s administration--appeared on “Morning Call” to give his take on the 38th president of the U.S. As we’ve been reporting all morning, President Ford died last night at the age of 93. “He may not have been the greatest president in this country’s history,” Hormats said, “but he was certainly one of the most decent.”
The head of Italian oil giant Eni, Paolo Scaroni, is in Nigeria to meet President Olesegun Obasanjo to discuss the fate of oil workers kidnapped this month, a company spokesman said on Wednesday.
Oil dropped 2% on what was a low-volume trading today. The warmer-than-expected winter is the reason for the decline. Energy analyst Mike Fitzpatrick of Fimat USA was on “Closing Bell,” and he says there are number of other factors at play as well.
A plunge in oil of more than $1.50 per barrel, coupled with a rise in bond prices, helped push major stock indexes broadly higher across several sectors in a day of light holiday trading.
Oil fell more than a dollar, extending losses from last week, as mild weather in the United States curbed demand for winter fuel.
Investors are closely watching numbers coming in today from major retailers, as they start thinking hard about where to put their money next. For a closer look at the months to come, CNBC turned to Joe Ranieri, managing director at Canaccord Adams. He says any pullback in the economy is a buy-in opportunity – especially in large-caps.
China's economy may grow around 9.5% in 2007 as expected rises in domestic consumption offset slowing fixed-asset investment and foreign trade, a state think-tank forecast.
Tokyo stocks closed almost flat on Christmas Day. Trade was thin, with participants citing the holidays in overseas markets.
Stocks bucked a trend and closed lower on the last session before the Christmas holiday on investor concerns about a slower economy.
Oil prices hovered below $63 a barrel Friday after falling from a three-month high as dealers looked past a deep draw in weekly U.S. crude stocks to focus on unusually warm weather in the U.S. Northeast.
The mild weather in the Northeast continues to put pressure on oil prices. CNBC's Sharon Epperson explained where that leaves the energy markets - and what they're saying today at the New York Mercantile Exchange.
Crude oil futures fell sharply on Thursday on pre-holiday profit-taking after government report of ample fuel supplies amid mild northeastern U.S. weather.
Sellers outnumbered buyers on Wall Street after multiple reports signaled a slowdown in economic growth. CNBC's "Closing Bell" team sorted through the details.
All the major market indexes finished lower for the day. Volume is likely to be light on Friday ahead of the Christmas holiday.
If Santa needs extra coal this Christmas he won't have trouble finding it. A warm Winter has sparked a major surplus - and that surplus has pushed down share price of companies such as Consol Energy. The company's CFO, William Lyons, spoke with CNBC’s Maria Bartiromo today on "Closing Bell" about the glut and why he's not concerned about it.
The U.S Energy Department released weekly natural gas inventories data. CNBC’s Sharon Epperson explained today’s numbers and Josh Sadler, Natural Gas Trader at UBS provided instant analysis.
Stocks pulled back fractionally as a late-day selloff prevented another record day for the Dow, while the Nasdaq and S&P 500 finished slightly lower as well.
Stocks ended the day on the downside with more deals and earnings news driving the momentum on Wall Street today. All three major indexes closed down fractionally. The Dow Jones Industrial Average traded in a narrow range of about 40 points. More from Mary Thompson, CNBC’s “Eye on the Floor.”
The days of the red-hot hybrid are over. You remember those days (last summer) when dealers couldn't keep hybrids in stock because high gas prices pressured nervous buyers to pony up for a fuel efficient car. Fast forward five months, and not only is it easier to find a hybrid, but you can even get a deal on one.
Oil prices broke above $64 a barrel before pulling back. A drop in crude inventories added to a perception that high fuel stock levels reached in the third quarter have reversed.