CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Disappointing China data dominated the markets, which drove oil down. Copper was down, as well. Gold closed up about $3 on the day.» Read More
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.
You'd expect oil prices to take a bit of a breather after yesterday's record-breaking run that took NYNEX crude oil futures to an all-time high of $103.95/barrel intraday, surpassing the inflation-adjusted record reached more than a quarter century ago.
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.
Ford Motor said Monday it would eliminate shifts at four U.S. plants and lay off some 2,500 workers -- or almost 5 percent of its remaining work force -- as part of an effort to cut costs and return to profitability next year.
Venezuela wants next week's OPEC meeting to discuss its escalating legal battle with Exxon Mobil, a Venezuelan official was reported by Algeria's official APS news agency as saying on Saturday.
U.S. motorists may face gasoline prices as high as $4 a gallon this summer as crude oil costs smash records, painting a bleak picture for consumers already feeling the pinch of an economic slowdown.
A big chunk of new speculative money that has poured into energy futures has gone into options, which can now play a bigger role in driving the ups and downs in the price of crude oil.
Ford Motor expects to produce 685,000 vehicles in North America during the first quarter of 2008, 55,000 fewer than the first three months of last year, the company said in a report filed Wednesday with the Securities and Exchange Commission.
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...
Trading the sectors immune to inflation worries, with Jon Najarian.
In sectors of the industrial economy, especially those directly affected by growing global demand, orders cannot be processed fast enough, hiring is rampant, products and services are being cranked out in record amounts and stocks are responding.
Legendary oilman Boone Pickens said Thursday he is shorting both the oil and natural gas markets in the belief prices will stage a short-term pullback.
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
A Middle East money insider reveals who's getting rich off $100 oil & where they'll spend the money.
With oil prices touching $100 a barrel again and the ongoing drive to develop affordable alternative fuels, coal has reemerged as a major opportunity area in the energy sector. Here are some companies that are reaping the benefits.
Almost all biofuels used today cause more greenhouse gas emissions than conventional fuels if the full emissions costs of producing these “green” fuels are taken into account, two studies being published Thursday have concluded.
Top world wind power plant producer Vestas on Monday raised its 2007 sales and profit outlooks on the back of smoother production and a strong fourth quarter, sending it shares 7.9 percent higher.
Archer Daniels Midland, a leading U.S. food processor and ethanol producer, posted higher quarterly profit, boosted by demand for protein meal and seed oil and improved results in its wheat and malt processing operations.