CNBC's Dominic Chu breaks down Ford's latest sales numbers.» Read More
The gold rush is back! As the price of gold reaches new record highs, recreational prospecting for gold has turned into an ever more popular pastime. Not just in the US or Australia, but also across parts of the Alps in Switzerland.
"We have been seeing growth coming down for some time already. We are probably going into negative territory around spring of next year; it is not for certain, but that is the most likely scenario," Roger Nightingale, strategist at RDN Associates, told CNBC.
German “bad bank” agencies holding billions of euros of Greek debt have still to decide whether to join a bond swap designed to cut Athens’ refinancing burden as part of an EU bail-out, the FT writes.
Gasoline futures opened slightly lower Sunday evening as East Coast refineries got through Hurricane Irene relatively unscathed.
Although, initially a Category 1 hurricane and now only a tropical storm, Irene is testing flood-level records in New York City and in much of the Northeast, raising casualty loss estimates to $20 billion. Two days of lost economic activity, over a period of a week, is almost certain, and adds another $20 billion. Longer term, rebuilding and postponed business activity will make up much of the near term impact on the economy.
In Jackson Hole Wyoming on Saturday Jean-Claude Trichet, the president of the European Central Bank was due to give a speech to a meeting of policy makers hosted by the Federal Reserve. As he prepared to speak the euro zone faced huge problems.
Major flooding is possible in downtown New York City, as well as power outages. Goldman Sachs and the NYMEX are in evacuation zones—can they open Monday?
ConocoPhillips has shut down its 238,000 barrel-per-day Bayway refinery New Jersey, as a precaution ahead of Hurricane Irene. The company also says its terminals are shutting down until it is safe to resume operations.
Surprisingly, the area around the World Trade Center site is largely deserted, save for a few joggers and small groups of European tourists.
From the 40th floor of the Millenium Hilton, the World Trade Center site below me is oddly quiet. There are very few construction workers on site. The crane above Building 4 is directly across from me.
This time last year, Federal Reserve Chairman Ben Bernanke used a speech in Jackson Hole, Wyoming to hint that he was about to unleash a second round of unconventional measures to get more monetary liquidity into domestic the economy.
Fed Chairman Ben Bernanke has spoken, and now it's European Central Bank President Jean-Claude Trichet's turn. Here's how to trade the central banker-speak.
Mad Money host Jim Cramer shares his final thoughts of the day.
Stocks finished higher in a volatile session Friday after after Bernanke's speech raised hopes that the Fed may consider further stimulus measures to boost the economy during an extended policy meeting next month.
When the markets give you a bad shake, turn to high yielding stocks, says Mad Money host Jim Cramer.
Insight on the market's volatility, with Mad Money host Jim Cramer.
It's important to have a portfolio that works in any kind of market, says Mad Money host Jim Cramer.
The week's top business and investment news, including Hurricane Irene and banking plays.
It's happened before: on 9/11 (a Tuesday), SEC Chairman Harvey Pitt did halt trading the following Wednesday through Friday, and reopened Monday, September 17.
Gasoline futures declined Friday but rose nearly 3 percent for the week amid hurricane fears.