The Great Commodity Unwind of 2008, which began in July, picked up steam this morning. Remember the trade: investors have not only been long commodities, they have been long the currency of major commodity producers like Australia, and short the dollar. That unwind is now accelerating, with positive implications for U.S. consumers and stocks.
Alcatel-Lucent named its new leadership on Tuesday, handing the task of turning round the loss-making telecoms equipment group to former British Telecom chief executive and industry veteran Ben Verwaayen.
Stocks shot out of the gate Tuesday as the price of oil plunged more than $7 and the dollar surged.
Chinese aluminum maker Chinalco, which holds a minority stake in Anglo-Australian miner Rio Tinto, may raise its stake if market conditions are right but it has no timetable for such a move, its president said on Monday.
Stocks advanced Thursday after second-quarter GDP was revised to show growth was more robust than first thought and oil receded to around $118 a barrel after earlier topping $120.
Stocks opened higher Thursday after the second reading on second-quarter GDP showed growth was more robust than first thought. Tropical Storm Gustav, which is readying to move back to hurricane status and heading toward the Gulf Coast, continued to hover over the market and bump up oil prices.
U.S. stock-index futures rebounded Thursday after the second reading on second-quarter GDP showed growth was more robust than first thought. Tropical Storm Gustav, which is readying to move back to hurricane status and heading toward the Gulf Coast, continued to hover over the market and bump up oil prices.
With Labor Day weekend coming this week, the markets have had a tough summer. Is this a normal part of "sell in May" or is this year different? Here's how this year compares.
Do you believe that financials, pharma and telecom can maintain through an economic downturn? If so, you might want to take a look at the Dow Industrials where some of the largest companies in the world are currently offering investors notably large dividend yields.
As oil has fallen at the end of the trading week to its lowest level since early May, CNBC asked the experts where to invest your money now.
The Consumer Price Index is now at levels not seen since 1991. Here is a breakdown of the inflation benchmark to show you where costs are rising most.
If the trading seems a bit tentative and confusing, you're on the right track. And don't blame it on traders on vacation; there's plenty of that, but there's a reason for the market's uncertainty.
Cramer makes the call on viewers' favorite stocks.
It all comes down to three important factors, Cramer says.
Two weeks after reporting huge losses, Merrill Lynch has surprised the Street with significant sales and capital raising. They are: 1) selling $30.6 b in CDOs. They were carried on the books at a value of $11.1 b; buyer Lone Star is paying $6.7 b ($0.22 on the dollar), but Merrill is financing three-quarters of the sale;
The Dow tumbled on Monday as more credit and housing market turmoil battered financial shares.
Michael Jones runs a five-star fund, and he's got a "Triple-A" strategy. Learn his strategy -- and see his picks!
Alcoa may have kicked off earnings season last week, but this week, the biggest names in the tech sector take center stage: Intel and IBM tomorrow: eBay Wednesday; Microsoft and Google on Thursday.
Nearly 1.3 billion shares and $14 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Check out the bets being made today...
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!