AUGUSTA, Maine— Maine needs to consider borrowing money and reallocating resources to find an additional $70 million annually to ensure the safety of the state's bridges and prevent significant long-term costs, transportation officials told lawmakers Tuesday. The Maine Department of Transportation currently dedicates about $70 million annually for...» Read More
Africa's investment fortunes are shifting, as the 'Dark Continent' becomes gradually less depended of its main trading partner, Europe, and attracts investor from fast-growing emerging countries.
Emerging markets were the shining light when the world entered recession last year, but even these developing economies have been struck by the global slowdown. But as China and India continue to grow and Japan exits out of a contraction, are emerging markets becoming the world's saving grace, and if so, how should investors be taking advantage of the opportunities there?
India could become an investment magnet among emerging markets if economic reforms are put into effect and if the new coalition government finds way to fix the country's crumbling infrastructure, experts interviewed by CNBC said.
An analysis of the most comprehensive list of stimulus spending to date found no relationship between where the money is going and unemployment and poverty.
Stocks ended flat Tuesday as investors took a breather after Monday's blockbuster rally. Bank and airline stocks were bright spots, while investors sold tech, materials and energy. Pending-home sales jumped 3.6 percent in June, beating expectations. It was the fifth straight monthly gain and the longest such streak in six years. Read and listen to what the pros had to say...
It’s not so much a social contract as an economic strategy. Here’s how we put people back to work.
Two-thirds of the country lives in large metropolitan areas, home to the nation’s worst traffic jams and some of its oldest roads and bridges. But cities and their surrounding regions are getting far less than two-thirds of federal transportation stimulus money.
French workers normally take off much of the summer, but this month, there is something of a revolution going on here at this former royal chateau roughly 30 miles southeast of Paris. The throngs of tourists will be jostling alongside stonemasons, restoration experts and other artisans paid by the French government’s $37 billion economic stimulus program, the New York Times reported.
Global stocks began second half of 2009 in positive territory on Wednesday after a successful previous quarter. Wall Street logged its best quarter in a decade in the second quarter. Experts tell CNBC how to invest in the new quarter.
The MSCI world equity index looked set on Tuesday for its best quarterly gain since its 1988 launch and oil was on course for its strongest quarter since 1990. But with analysts predicting a correction, experts tell CNBC the dollar is still a safe haven, but that Chinese stocks are getting too pricey.
President Barack Obama promised Monday to deliver more than 600,000 jobs through his $787 billion stimulus plan this summer, with federal agencies pumping billions into public works projects, schools and summer youth programs.
Managing directors Jim Awad of Zephyr Management and Phil Dow of RBC Wealth Management shared the best places for investors to put their money.
Find out why. Plus, Cramer updates his call on Research in Motion.
Peter Kenny, managing director at Knight Equities and Paul Hickey, co-founder of Bespoke Investment Group weighed in on the best places to invest now.
David Lutz, managing director at Stifel Nicolaus and Jim Iuorio, director at TJM Institutional Services weighed in on the best places to invest — that many investors may have overlooked.
Peter Kenny of Knight Equities and Peter Costa of Empire Executions weighed in on the best places to invest now.
Analysts David Lutz of Stifel Nicolaus Capital Markets and Peter Kenny of Knight Equities shared their best recovery trade strategies.
In recessions investors tend to return to safe havens like government bonds, the US dollar, gold and consumer staple and drug stocks and cash flows out of what are considered more discretionary sectors.
Gold was on the rise Thursday as investors climb back into safe haven stocks amid the economic uncertainty. Experts tell CNBC the precious metal may retest $1,000.
Global stocks were down Wednesday, weighed down by grim economic data and tech results from Infosys and ASML. Experts tell CNBC they see long-term potential in commodities and agriculture stocks, but not much in airline stocks.