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 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.
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.
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.
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.
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.
As the broader market wrestles with BP’s unforeseeable future Scott Nations of NationShares suggests using options to hedge against the horrors and the headlines.
Late day weakness on Tuesday largely stemmed from the energy sector. Because it's such a big part of the S&P, could energy derail this bull all together?
As experts debate the sustainability of the economy's recent upswing, Mike Shinnick, portfolio manager at the four-star rated Wasatch-1st Source Long/Short Fund, said his firm is employing a value-investing strategy that combines both short- and long-term positions.
The Dow shed over 100 points, or 1 percent, after a late selloff Tuesday. It was a see-saw session as investors cheered a pair of encouraging U.S. manufacturing reports but many worries still nagged at the market.
As Europe struggles to contain financial woes, will the uncertainty force Corporate America to broadly reduce earnings estimates?
Stocks struggled to hold onto gains in a see-saw session Tuesday as investors cheered a pair of encouraging U.S. manufacturing reports but many worries still nagged at the market.
With the Dow Jones Industrial Average posting its worst May since 1940, where will the stock market head for the rest of the year? Steven Stahler, president of Stahler Investment Group, and Harry Clark, president and CEO of Clark Capital Management, shared their insights with CNBC.
Investors are overreacting to the effects that the Deepwater Horizon oil spill will have on BP's share value, sending the company down more than half of its true value, a JPMorgan analyst said Tuesday.
Gas prices could climb higher than $5 a gallon by 2012 and oil companies could move exploration to other countries if the Obama administration’s suspension of offshore drilling continues for six months, John Hofmeister, a BP consultant and former Shell executive told CNBC Tuesday.
Stocks erased their losses Tuesday after a pair of encouraging U.S. manufacturing reports.
Risk aversion continues to be at the center of attention to kick off June. Following the Dow’s worst May since 1940, U.S. stock futures were notably weaker this morning. Also weighing on the European markets: political instability as Germany’s President Hoerst Koehler resigned and worries over future downgrades of European debt.
As effort after effort to stop the giant leak in the Gulf of Mexico fail, we want to know where you think BP will stand one year from now. Share your opinion in our poll.
US stock index futures indicated a sharply lower open for Wall Street on Tuesday, with European markets also struggling, following an aggressive sell-off last week which served as a harsh end to the Dow's biggest May point drop in history.
BP’s stock price has plummeted over the past month, sparking talk on whether it is vulnerable to a takeover. But given the massive uncertainty surrounding the costs of the oil spill, BP may prove to be a cheap, but messy target, analysts told CNBC.com.