Sources say Exxon Mobil has put its Torrance, Calif. refinery on the block, due to the state's tough environmental standards.» Read More
When hedge funds come back, where will they go?
BP is seeing bullish options activity today after the company reaffirmed its commitment to dividends and capital expenditures.
Stocks head into December with a tailwind, but the late November rally will quickly be put to the test by some gloomy economic reports and the next phase of efforts to save the struggling U.S. auto industry.
Before you succumb to the doom-and-gloom about alternative energy, it's worth remembering that sustainability is not all about big ideas and big bucks. In NBC Universal's latest initiative, "Green Your Routine", you'll see it's sometimes about what's routine, not revolutionary. Find out what consumers and business can do on a smaller, daily basis to go green.
Steven Strong, president of Solar Design Associates, recalls standing on the roof of the White House with President Jimmy Carter more than 30 years ago when Carter dedicated the first solar system there. He also remembers when the Reagan administration consigned that system to the dumpster. " “I made it a career goal to get solar back on the White House, " says strong. And he did.
Is this the beginning of a commodities comeback?
Wall Street went on a bargain-hunting bonanza, with a frenzy of activity in the final hour of trading, sending shares up 10 percent.
Investors went on a late-day buying spree, scooping up shares of beaten down stocks and sending the major indexes soaring 7-8 percent.
Volatility reigned again on Wall Street Tuesday as jittery investors had a hard time committing to the morning's early rally -- or to the subsequent paring of gains.
Stocks opened higher Tuesday after Monday's late selloff as international markets bounced back amid expectations of a U.S. rate cut.
Stock index futures pointed to a substantial gain at the open Tuesday, following Monday's late selloff, as international markets rebounded and investors pondered the effect of an upcoming expected interest-rate cut.
Hong Kong dropped 12 percent to its lowest level in 5 years, S&P futures have swung in a 60 point range this morning, though they are well off their lows.
Stocks ended the day significantly lower but avoided a catastrophe, as an orderly selloff staved off what some thought would be a massive market capitulation.
Will history repeat itself? Cramer offers strategies and stocks for surviving the coming week.
The way these stocks are dropping, you'd think it was the Nasdaq circa 2001.
The Lightning Round is extended in this CNBC.com exclusive feature.
Cramer makes the call on viewers' favorite stocks.
For the week ending Friday, September 5, 2008, the U.S. markets ended in negative territory for the week after weak employment data and declines in auto and retail sales pointed to weaker consumer spending and a greater economic slowdown. The unemployment rate jumped to a 5-year high, soaring to 6.1%. On Thursday, the three major Indices fell back into bear market territory by dropping 20% from their market peaks set last fall. Both the Dow & Nasdaq Composite had their worst daily closes since July 26, with drops of more than 340 points for the Dow and 75 points for the Nasdaq.
Wednesday's weather models reinforce that Hurricane Gustav could be the most powerful storm to rip through Gulf of Mexico oil and gas production areas since Katrina. It will be the first storm to test the industry's efforts to reinforce its oil and gas production infrastructure.
Futures popped nearly 10 points as durable goods jumped more than expected. Dollar rallies a bit but is still down, bonds decline. Commodities up as the dollar is a bit weaker today. While oil is up $1.82 to $118.09, it is a fairly poor response to Gustav and the tensions with Russia. Airlines are weaker.