I've just returned from a week in Charleston, South Carolina, where the shrimp fisherman are starting to see higher prices for their shrimp due to limitations on fishing in the Gulf. Also: Hedge funds are in trouble. And the first evidence of earnings impact from the 6-month oil drilling moratorium is being seen today.
BP, already bedeviled by an out-of-control oil spill in the Gulf of Mexico, now finds itself with one more problem: Tony Hayward, its gaffe-prone chief executive. The NYT reports.
A hodgepodge of oversight agencies granted exceptions to rules, allowed risks to accumulate and made a disaster more likely on the Deepwater Horizon rig, the New York Times reports.
The weakening euro could continue to strong-arm markets in the week ahead, as investors worry about contagion from Europe's sovereign debt crisis and the potential for a bigger setback in the U.S. economic recovery.
The legendary oilman discusses the possibility for sky-high crude prices, the potential of natural gas and BP’s spill in the Gulf of Mexico.
Stocks ended the week in correction territory after a sharp selloff Friday as a disappointing jobs report and another possible debt crisis in Hungary intensified fears about the stability of the recovery.
Billion-dollar oil rigs are starting to see a tremendous amount of financial strain due to the enormous amount of oil spewing into the Gulf of Mexico.
A Florida contractor demonstrates how hay could be an effective way of soaking up some of the oil from the BP well spill in the Gulf of Mexico.
One Web site is trying to channel all the rage against BP over the oil spill, offering a "Redesign BP's Logo" contest.
Stocks tumbled Friday, with the Dow falling more than 2 percent. Which stocks should you be buying and selling into next week? Danielle Hughes, founder and CEO of Divine Capital, and Charlie Smith, CIO of Fort Pitt Capital Group, discussed their best plays.
With the high costs of the BP's Gulf of Mexico oil spill and no end in sight...
Markets slipped on Friday after a US report showed fewer jobs were added to nonfarm payrolls than expected last month—and most of those jobs were temporary census workers. Art Cashin, director of floor operations at UBS Financial Services, shared his insights.
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.