It was all about beautiful cars and gorgeous girls as CNBC took to the ground for the 78th Geneva Motor Show, where automakers revealed their latest models, concept cars and technical and environmental innovations for 2008.
Here's something that should make you realize what crazy times we are living in: 9-year auto loans are popping up around the country. That's right, it wasn't a typo. Nine years! 108 months! Almost a third of the time used to pay off a conventional mortgage!
Applied Materials, a supplier of computer chip-making equipment, said Tuesday it has signed a contract valued at $1.9 billion with a privately held company based outside the U.S.
Amid the gloomy comments from auto executives at the Geneva Motor Show, the unveilings of several important new models are being overshadowed. Take the new Ford Fiesta. This compact car is being sold in Europe, but the design cues and architecture behind this car will be the underpinnings of compact cars the automaker will roll out in the U.S. in the future.
In a series of exclusive live appearances on CNBC's Squawk Box this morning, Warren Buffett told us that by a "common sense definition", the U.S. economy is already in a recession, even if it hasn't met the technical definition of two consecutive quarters of negative growth. He restated, however, his view that over the long-run the U.S. economy will do fine and that each generation will live better than the one before it.
The presidential hopeful lays out her plans for housing, energy and healthcare. Check out Cramer's exclusive interview.
Another record day for oil prices Tuesday, with Nymex crude settling above $100 for the second time in a week. What a run! Oil hit a low of $86 earlier this month and now its trading near $101. Today, we noticed some major similarities and differences with last week's sharp surge...
This post is from guest blogger CNBC energy producer Judy Gee.The March oil contract may have gone out like a lion, but the new front-month contract came in like a lamb. The contract for April delivery tested $100 but declined as low as $97 before ultimately settling lower for the first time since the rally took off last week