Chevron plans to increase its oil and gas production, but most the growth will be abroad because of US policy, the company CEO says.» Read More
Chief executives at some of the nation’s top companies expect slow but steady growth in the first half of 2007, according to the Business Roundtable’s fourth quarter 2006 survey.
A strong November payrolls report and weakness in consumer sentiment caused stocks to see-saw through much of the day. Analysts believe this volatility likely will continue.
Stocks fell after trading in a narrow range all day while investors waited for Friday’s jobs report, the last key economic indicator before next week's Federal Reserve meeting.
The major market indexes took a breather today – all closing modestly lower - in spite of a strong ADP report showing an extra 158,000 jobs added in the private sector in November. Mary Thompson sorted out the market activity – she’s CNBC’s “Eye on the Floor.” Investors are now looking to the jobs report to create some movement in the markets. That’s due out Friday.