If the pipeline isn't built, some experts say, "the most toxic fossil fuel on the planet" will still find its way to the surface. NBC News reports.» Read More
Stocks closed off their best levels but were still sharply higher Wednesday in another volatile session after Greek, French and German leaders renewed their pledges to aid Greece, soothing investor fears over recent rumors of a default.
As if the troubles in Europe were not enough, two months of the most turbulent markets in decades are expected to hurt trading results for the nation’s largest banks, the New York Times reports.
Futures were higher Wednesday as investors were encouraged by the European Commission that said it would present options for joint euro zone bonds and largely shrugged off retail sales that came in weaker than expected.
Bill Ackman can always be relied on to provide a little excitement in investing circles. His lunchtime presentation at CNBC and Institutional Investor’s Delivering Alpha conference today will be no exception. The founder and CEO of hedgefund Pershing Square Capital Management will unveil his latest investing idea.
Another 2.6 million people slipped into poverty in the United States last year, the Census Bureau reported Tuesday, and the number of Americans living below the official poverty line, 46.2 million people, was the highest number in the 52 years the bureau has been publishing figures on it.
Stocks rallied to finish higher in another volatile session Tuesday, led by industrials and materials, but investors continued to remain cautious over the euro zone debt crisis and the economy.
Futures pared most of their earlier losses Tuesday, but investors continued to remain on edge over the ongoing European debt concerns and a handful of tepid economic news.
They are a cornerstone of Chrysler’s unlikely comeback: 900 employees turning out a Jeep Grand Cherokee sport utility vehicle every 48 seconds of the working day at an assembly plant here.
Stocks rallied in the final hour to finish near session highs Monday, erasing their earlier losses in choppy trading, following an FT report that China was in talks with Italy to purchase its bonds.
Discussing how the U.S. can regrow factory jobs by improving the after-tax return on capital for manufacturers, with Cliff Waldman, Manufacturers Alliance economist.
Stocks opened lower Monday amid heightened concerns that Greece is not doing enough to avoid default grow and as European banks hit their lowest level since March 2009.
Stocks closed firmly in the red Friday amid fears that Greece may default on its debt and following news that ECB's Juergen Stark will resign.
Discussing bonds, with Ira Epstein, Linn Group managing director; George Gero, RBC Capital Markets precious metals strategist; and Win Thin, Brown Brothers Harriman global head of emerging markets strategy.
Damages due to floods in the northeast are widespread and may surpass those of Hurricane Agnes in 1972, with the Weather Channel's Jim Cantore.
As the NFL's Green Bay Packers and New Orleans Saints kicked off the football season on Thursday, even America's most popular sport finds that it isn't entirely spared by the recession.
Observing a moment of silence at the CME Group during the time when the United Airlines 175 crashed into the World Trade Center's south tower
Futures were lower Friday, after President Barack Obama introduced a $447 billion plan to boost jobs on Thursday but did little to reassure concerns about the tepid economic growth.
"Is the US market ready to spend 500 billion dollars on a jobs plan?" John Wraith, fixed income strategist at Bank of America, told CNBC.
Corporate America faced stress following 9/11 largely due to a significant increase in security costs, reports CNBC's Eamon Javers.
Stocks ended lower in volatile trading Thursday after Fed Chairman Ben Bernanke failed to provide additional detail on how to boost the weakening U.S. economy and as investors looked ahead to President Obama's jobs speech later this evening.