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  • oil_spill_cleanup_demo_200.jpg

    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 Fall, Led by Energy, Banks; Dollar Up

    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. 

  • A trader at the New York Stock Exchange.

    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 Are 'Cheap' Right Now: Chief Investor

    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.

  • Europe, Asia Markets Leading Way Higher?

    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.

  • Contract workers from BP ferry oil soaked waste to a pickup point as other workers use skimmers to clean oil from a marsh near Pass a Loutre on June 1, 2010 near Venice, Louisiana. Earlier in the day, U.S. President Barack Obama called the Deepwater Horizon accident the 'greatest environmental disaster of its kind in our history.'
    Nuclear Option on Gulf Oil Spill? No Way, US Says

    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.

  • resume.jpg

    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.

  • Late Day Buying Signal Bull Is Back On Track?

    Both the S&P and Dow closed higher on Wednesday after investors rushed into the market late day and gobbled up stocks. Why now?

  • Dow Gains Over 200 After Late Rally

    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.

  • Spotlight on May Fund Outflows, Retail Sales

    In almost a flip-flop of yesterday (Tuesday), the markets posted a strong late-day rally Wednesday afternoon. The major indices finished the day up well over 2 percent, closing the session at the highs of the day — quite a contrast to yesterday’s drop at the end of the day. Leading the rally today are sectors that were noticeably beaten up yesterday...

  • Natural Gas
    Natural Gas Prices Rising

    Since the Deepwater Horizon rig leased by BP  caught fire and sank on April 20, natural gas prices have gone up, and gone down and now seem headed north again.

  • Managers Ozzie Guillen of the Chicago White Sox and Lou Piniella of the Chicago Cubs

    A day after the US Coast Guard revealed that the sinking of an oil rig licensed by BP was leaking 1,000 barrels of crude oil a day into the Gulf of Mexico, the Chicago Cubs and the Chicago White Sox announced that their interleague games would be sponsored by the oil company in what would be called the “BP Crosstown Classic.”

  • Stocks Advance, Led by Energy, Banks

    Stocks remained higher 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.

  • Will the BP Oil Spill Kill Offshore Drilling?

    In 1979, an accident at Pennsylvania's Three Mile Island nuclear power plant caused a serious and lasting impact on the nuclear power industry...

  • Stocks Rise After Home-Sales Report

    Stocks bounced back Wednesday, led by energy and financials. A report showing pending-home sales hit a six-month high gave the market an extra boost.

  • Schork Oil Outlook: Obama Boosting Energy Bulls?

    The White House’s answer for Deepwater Horizon…Send in the lawyers! Apparently, the U.S. government has decided the best way to help BP plug the leak in the Gulf of Mexico is to open a criminal probe. ... Little wonder then why the complex collapsed and volatility surged to kick off this abbreviated trading week.

  • The Key S&P Support Level Today

    After losing steam late in the session yesterday (Tuesday), stocks had pointed to a higher open this morning. (Note: US markets did open higher, led by energy and financials.) But in a fairly rare sight, stock futures are advancing as the U.S. Dollar Index rises and commodities fall.

  • Futures Indicate Higher Wall Street Open

    US stock index futures edged higher Wednesday after losses on Tuesday, though European stocks were down in early trade as risk-averse investors avoid equities on fears about the strength of the world economic recovery.

  • Contract workers from BP use skimmers to clean oil from a marsh near Pass a Loutre on June 1, 2010 near Venice, Louisiana. Earlier in the day, U.S. President Barack Obama called the Deepwater Horizon accident the 'greatest environmental disaster of its kind in our history.'
    Could 'Sham Wow' for Oil Help Gulf Clean Up?

    A Washington, DC company called First Line Technology has developed a product that could help in the clean up of the Gulf oil spill. It's just one of several ideas from private entrepreneurs hoping to assist in the effort.