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  • Dollar Battered by Lowly US Consumer Sentiment Friday, 16 May 2008 | 4:00 PM ET
    Dollar Bill

    The dollar extended losses against the euro and gave up gains versus the yen Friday, hurt by a report showing that U.S. consumer confidence tumbled to its lowest in 28 years in May.

  • US to Suspend Buying Oil For Strategic Reserve Friday, 16 May 2008 | 3:40 PM ET
    Oil Refinery

    The Energy Department said Friday it will not add millions of barrels of oil to the Strategic Petroleum Reserve, a move sought by Congress to battle record fuel costs but in the end will likely have little impact on lowering prices.

  • What Ails Global Capitalism? Friday, 16 May 2008 | 12:19 PM ET

    Over 600 business leaders and 200 students: It can only be St Gallen - 38 years of gatherings organized by the students to discuss the challenges facing companies and communities.

  • Paulson: Economy Is Better But Housing Still a Threat Friday, 16 May 2008 | 12:11 PM ET
    Henry Paulson

    The US economy and financial markets will improve by year-end but housing still poses the biggest threat to the economy, Treasury Secretary Paulson predicted.

  • Chief Oil Analyst, OPIS

    Well before Memorial Day weekend, U.S. motorists will spend more than $1.5-billion per day on gasoline. I still believe that world demand for crude is not exceeding supply, but maintain that paper demand for paper oil contracts is the primary culprit behind the surge.

  • Credit Problems Spreading Beyond Mortgages: FDIC Friday, 16 May 2008 | 11:09 AM ET

    The head of the Federal Deposit Insurance Corp said on Friday that another wave of U.S. credit stress was coming, involving non-mortgage loans.

  • Housing Starts Show Surprising Growth in April Friday, 16 May 2008 | 10:15 AM ET

    Construction starts on new homes rose by a surprisingly strong 8.2 percent in April and applications for new building permits turned up for the first time in five months.

  • Consumer Sentiment Falls To Lowest Level in 28 Years Friday, 16 May 2008 | 10:14 AM ET

    U.S. consumer confidence tumbled to its lowest in 28 years this month, a survey showed on Friday, as short-term inflation expectations hit their highest since the stagflationary early 1980s.

  • Goldman Forecasts $141 Oil For Second Half of Year Friday, 16 May 2008 | 9:10 AM ET

    Goldman Sachs, the most active investment bank in energy markets, on Friday sharply raised its forecast for oil prices in the second half of this year, citing tight supply.

  • Markets See Cautious Rise But Japan Ends Lower Friday, 16 May 2008 | 5:52 AM ET

    Asian stocks rose cautiously Friday with markets modestly higher with Australia finishing just below the 6,000 level. But Japan closed in negative territory on profit-taking after spending most of the session in the black.

  • Japan's Economy Grows 0.8% on Consumption, Exports Thursday, 15 May 2008 | 10:16 PM ET
    Japanese Flag

    Japan's economic growth unexpectedly picked up pace in the first quarter thanks to firm exports and consumption, allaying fears that deepening global financial market problems may take a toll on the world's second-largest economy.

  • Oil Prices End Down at $124.12 Thursday, 15 May 2008 | 5:21 PM ET

    Oil prices fell Thursday as a big increase in U.S. natural gas stocks weighed on the energy complex, spurring profit-taking from recent highs.

  • Erin Burnett in Search of Global Market Movers Thursday, 15 May 2008 | 12:01 PM ET

    Erin Burnett has been travelling the globe in search of the market movers of tomorrow.  So far she has been to Dubai, will be in Mumbai, India tomorrow and goes to London next week.  Here are some stats on the economies she has visited.

  • Dollar Falls on Data from US and Europe Thursday, 15 May 2008 | 11:57 AM ET

    The dollar fell in Europe Thursday as new data showed a drop in U.S. industrial production and unexpectedly strong first-quarter economic growth in Germany.

  • Play Risk with ETFs & Tech Stocks Thursday, 15 May 2008 | 11:42 AM ET

    After some significant gains in April, where does the market go next? And how should investors position their portfolios?  Sean Clark has some answers.

  • US Economy Is Still Weak But Not As Bad As Feared Thursday, 15 May 2008 | 11:29 AM ET

    Investors struggled to figure out where the economy is headed after reports showing a modest increase in jobless claims and weakness in the manufacturing sector.

  • Tata's 100 Miles Per Gallon Bet Thursday, 15 May 2008 | 10:23 AM ET
    Tata Motors

    Here's one for those of you who think auto manufacturers should be trying to build cars that get 100 mpg (and yes, there are a lot of you out there based on the e-mails I get from you). Tata Motors is the first mass-market automaker to enter the automotive X Prize competition...

  • Bernanke Stresses Need For Capital Cushion at Banks Thursday, 15 May 2008 | 9:27 AM ET

    Financial market turmoil underscores the need for "generous" capital cushions, and banks need to actively raise money as needed, Federal Reserve Chairman Ben Bernanke said Thursday.

  • US Economy Shows More Weakness in Manufacturing Thursday, 15 May 2008 | 8:47 AM ET

    The economy is continuing to slow, particularly in manufacturing,  though some areas are not quite as bad as expected, according to the latest reports out Thursday.

  • Europe Comeback: Germany Drives Euro-Zone Growth Thursday, 15 May 2008 | 5:48 AM ET

    Germany posted the strongest economic growth since 1996 in the first quarter of 2008, leading the euro zone's GDP to rebound more than expected in the first quarter.

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