BP's message to other oil companies in the first quarter was loud and clear, CNBC's Jim Cramer says. » Read More
US stock futures extended their losses Friday after a report showed fewer jobs were added to nonfarm payrolls last month and most of those were temporary census workers.
Anger over the oil leak in the Gulf of Mexico is spilling into streets as protests are organized at BP’s offices and gas stations around the country.
Even if there is a blow away jobs number Friday, many economists expect the report will show fewer private sector jobs were created in May than in April.
That’s what Cramer called for during Thursday’s Mad Money.
The little-known reason why BP will likely continue to pay dividends.
The S&P closed higher on Thursday yet below 1105, an important technical level. Will Friday’s job report provide the catalyst needed for it to break above resistance?
Stocks eked out a gain after some late-session turbulence, led by techs. Energy stocks rebounded from the bottom of the pack to the No. 2 behind tech. Financials ended lower.
Gold remains a primary safe haven, said Jerry Castellini, president of CastleArk Management, and Ethan Anderson, portfolio manager for Rehmann Financial. The two offered CNBC their investment outlooks on the precious metal.
Plus, get calls on smartphones, cloud computing and more.
In spite of theories that BP may not survive the financial after-effects of the Gulf of Mexico oil spill, a securities attorney told CNBC Thursday he believes the oil giant has the fiscal resources to do so.
A microbial product called HTP, derived from peat moss, could "literally eat the oil" in the Gulf of Mexico, according to the CEO of a company that sells it.
Stocks turned lower on Thursday, led by energy and financials, amid the strengthening dollar and a pair of credit downgrades on BP. Techs were among the best performers.
While Europe's debt crisis is likely to play out for months if not years ahead, US investors seem to be over it—at least for the time being.
The latest plan to stop the oil flowing from a BP site in the Gulf of Mexico may not work as well as originally hoped, the U.S. Coast Guard said Thursday. Many experts are now planning for the worst. What is the long-term impact of the spill on the economy? Steve Blitz, senior economist at Majestic Research discussed his insights.
Markets climbed modestly on Thursday, after reports showed a drop in jobless claims and a rise in hiring. How should investors be positioned in this environment? Robert Weissenstein, CIO for private banking-Americas at Credit Suisse, and Alison Deans, former chief investment officer at Neuberger Berman and current CNBC contributor, shared their insights.
Stock futures were slightly higher early Thursday, as European and Asian markets have rebounded strongly following yesterday’s rally in the U.S. Futures have held steady throughout the morning with their gains intact even after the flurry of economic data and retail sales reports this morning.
The chatter began weeks ago as armchair engineers brainstormed for ways to stop the torrent of oil spilling into the Gulf of Mexico: What about nuking the well? The NYT reports.
Markets are already looking ahead to Friday's jobs report, and for that reason, even more weight than usual will be given to Thursday's weekly jobless claims and ADP's private sector jobs data.
Both the S&P and Dow closed higher on Wednesday after investors rushed into the market late day and gobbled up stocks. Why now?
Stocks logged their third best day of the year Wednesday, led by energy and financials, as investors grabbed bargain shares beaten down in the prior session's selloff. A report showing pending-home sales hit a six-month high gave the market an extra boost.