SAN JUAN, Puerto Rico— Puerto Rico is preparing to welcome the world's two largest cruise ships for the first time next year. The executive director of the island's Tourism Company says Royal Caribbean's Allure of the Seas and Oasis of the Seas will bring an estimated 60,000 passengers to San Juan in 2016. Next year's visits are expected to generate an estimated...» Read More
At 789 Chrysler lots across America sit 44,000 potential bargains—cars and trucks that are stuck between shell-shocked dealers and a troubled company that no longer wants their services.
The US automobile industry is effectively bankrupt as it tries to navigate the way out of its worst ever crisis, but the industry will emerge stronger and General Motors should follow Chrysler into Chapter 11, Mick Jackson, chairman and CEO of AutoNation, told CNBC Friday.
Shareholders aren’t happy with the shipping firm right now. Cramer on Thursday tried to change their mind.
The move, which the dealers can appeal, is likely to cause devastating affects in cities and towns across the country as thousands of jobs are lost and taxes are not paid.
General Motors plans to pay its suppliers before the deadline by which it must declare its bankruptcy, according to a report.
Although global stocks were down again on Thursday, experts tell CNBC it is time to buy U.S. stocks, just not companies relying on the government.
Plus, Bill Seidman remembered.
Global stocks rose Wednesday as investors grew more optimistic about the global economy recovering. But experts interviewed on CNBC remain torn about whether this is a bear-market rally or a new bull market.
Global stocks were higher Wednesday despite data out of China showing the country's industrial output rose less than expected in April. But experts tell CNBC there is real growth potential in the Asian economy.
Investors dumped shares of both Ford Motor and General Motors on Tuesday, with GM hitting its lowest level since the Great Depression.
A bankruptcy judge on Tuesday ruled that GMAC Financial Services can become Chrysler's preferred lender, potentially sending a slew of new business to the financing company and ensuring that Chrysler's dealers will have access to the loans they need to stay in business.
As Americans prune their expenses because of the relentless recession, the family vacation is taking a hit. A third of those surveyed in an AP-Gfk Poll released Monday said they had already canceled at least one trip this year because of money.
Global stocks were mostly higher Tuesday as expectations grew that the worst may be over for the global economy. Experts interviewed by CNBC consider whether the expectations are founded.
The banking sector was one of the few sectors in the red Tuesday as investors remained cautious on the health of the system. Experts tell CNBC how to invest during the uncertainty.
This is a strong rally, but not necessarily a bull market, said Tobias Levkovich, chief U.S. equity strategist at Citigroup.
Amazon announced a new Kindle today, only three months after Kindle 2 came out, and I am furious. Three months?
After last week's gains, most global stocks were down Monday as weak corporate results tempered investors' optimism. Experts tell CNBC it's still a bear-market rally.
Global stocks took a break Monday after a successful week of gains. Investors remain uncertain if the global economy is showing signs of recovery or signs of further deterioration. Experts give CNBC their predictions.
The group of dissident Chrysler bond holders challenging Chrysler's government-backed restructuring plans, said Friday that it is dropping its court fight.
Global stocks were up Friday, driven higher by financials and miners as metals prices rose. Experts tell CNBC the market rally has further to go.