CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down for the third straight day, due to dollar strength, an increase in OPEC output, and the possibility of a nuclear deal with Iran.» Read More
One month after Bundesbank president Axel Weber announced he was stepping down, saying goodbye to his chances of running the European Central Bank, many in the markets miss him already.
The crazy volatility of recent days strikes me as a market that is topping itself and is struggling. I'm still guessing we have a bit of a pull-back.
Vallejo, a city about 25 miles north of San Francisco, offers a sneak preview of what could be the latest version of economic disaster. The New York Times reports.
One of the most enduring and successful figures in British public life has resigned as director of the London School of Economics, after new details emerged of the institution’s relationship with Libya. The FT reports.
Congressman Ron Paul (R-TX) chairs the House Financial Services Subcommittee, which oversees the Federal Reserve. I interviewed him last night on CNBC’s “The Kudlow Report”.
As the centennial of its opening nears, the Panama Canal is due to shake up international trade once more, a point rails and ports across the United States readily acknowledge.
Stocks broke three consecutive sessions of losses to end higher amid light volume, led by financial and tech stocks, and as oil prices stabilized. Intel rose, while Microsoft fell.
Stocks broke three consecutive sessions of losses to climb higher, led by the technology and financial stocks, as oil prices stabilized at lower levels. Boeing fell, while Wal-Mart rose.
Stocks came off the highs of the session but still rose after a mixed batch of economic news, but as oil prices stabilized at lower levels. Intel gained, while Wal-Mart stumbled.
The decision by the Pentagon to hand a $30 billion contract to Boeing to supply refueling planes to the US Air Force has raised eyebrows across Europe and the defense industry as the tender had originally gone to a consortium led by Europe's EADS.
U.S. stock index futures rose ahead of the open, although gains were pared somewhat after a lower-than-expected revision to the fourth-quarter Gross Domestic Product.
A persistent theme of NetNet is that faith in regulations to improve the financial sector is misplaced. Regulations are typically written under the direction of the most powerful financial institutions, and regulators operate as if they were agents of the companies they are allegedly regulating.
The collective bargaining process with public sector unions needs to be restructured to keep labor unions from “bankrupting states,” Sen. Ron Johnson, (R-Wisc.), told CNBC Wednesday.
The high-stakes fight in Wisconsin over union rights could have far-reaching effects on electoral politics in other states by helping solidify Republican power for years.
If previous EU responses to the euro crisis are any guide, investors should not be expecting a highly-coordinated, shock-and-awe approach like those we have seen from the US authorities.
The uprisings in the Middle East have been in part blamed on soaring food prices but one market watcher told CNBC those states with huge oil wealth should be better able to keep their people appeased by subsidizing food prices and other incentives.
Click to see international political scandals that raised eyebrows and kept the tabloids in wide circulation.
Protesters who have descended on Wisconsin's Capitol in hopes of halting a Republican effort to end a half-century of collective bargaining rights for public workers steeled themselves for a long fight, buoyed by Democrats' decision to flee to avoid the measure's near-certain passage.
The recent deal between BP and the Russian oil and gas giant Rosneft was a Faustian pact that was forced on the London-listed major by the Kremlin, William Browder, a well known Russia critic, told CNBC Tuesday.