Stocks limped out of the gate on Tuesday as the first real test of the new earnings season brought mixed results and invetors fretted over inflation concerns. Larger-than-expected gains in producer prices and retail sales for June presented conflicting signals on the economic front. Producer prices rose 1.8 percent on the strength of autos and energy sales, while retail sales were up 0.6 percent primarily, also on the energy-auto movement. Read and listen to what the experts had to say...
Goldman Sachs' quarterly profit jumped 33 percent. Is it a renaissance for the financials? Art Cashin, director of floor operations for UBS, offered CNBC his take on banks and the stock markets.
It took a recommendation from the most bearish analyst around to shake the market out of its lethargy Monday. Meridith Whitney has been the hottest hand for the past few years and unbelievably correct in her bearish stance on the financial sector. With her upgrade of Goldman Sachs, the sector and the market woke up. But only woke up a bit. Volume, which has been anemic at best, was a discouragingly low 1.2 billion shares on the NYSE.
When U.S. energy and commerce officials arrive in Beijing on Tuesday, they will confront policies that protect China’s solar panel and wind farm industries.
Author Matthew May lays down the gauntlet with this beautiful challenge, "Savvy innovators understand that what isn’t there can often trump what is there."
Barron's is taking a strong bullish stand on shares of Warren Buffett's Berkshire Hathaway, calling them a "bargain" in the mid-$80Ks. A price target of $110,000 in the next year "doesn't seem outlandish" given its current price to book ratio.
As investors brace for a rollercoaster ride during the second-quarter earnings season, the dollar's weakness in the last three months could have played a key role for some multinational companies.
They looked like hot stocks. So how are the traders playing Radio Shack, Research In Motion and more now that they’ve been burned?
Initial unemployment claims dropped a surprising amount. The four week moving average dropped 10,000 to 606,000. While only one week's number, let's still take an encouraging moment and hope that we might be entering a better phase of the economy.
When Google CEO Eric Schmidt sat down to chat at Sun Valley, he couldn't avoid the most talked about startup at the Allen & Company conference: Twitter.
Here’s how the president can put us back on track.
A late upturn pushed stocks higher Wednesday as investors rotated into defensive stocks like pharmaceuticals and Alcoa advanced ahead of earnings.
Texas oil billionaire T. Boone Pickens said on Wednesday said he has delayed his plans to build the world's largest wind farm in the Texas Panhandle, due to financing problems.
Stocks fell Tuesday amid growing doubts about the economic recovery. There were some pockets of gains in the banking and pharmaceutical sectors.
Plans for the world's largest wind farm in the Texas Panhandle have been scrapped, energy baron T. Boone Pickens said Tuesday, and he's looking for a home for 687 giant wind turbines.
I just landed in Sun Valley for the annual Allen & Co. conference in Sun Valley. There are only a handful of private jets in the airport right now, but in just a few hours it'll be packed with jets whose tail numbers tell the story of some of the richest men in America.
Stocks fell Tuesday amid growing doubts about the economic recovery. There were some pockets of gains in the tech, banking and pharmaceutical sectors.
Two market obsessions now: Earnings season kicks off Wednesday with Alcoa; and debate rages over the need for a second stimulus package. Art Cashin, director of floor operations at UBS, offered CNBC his stock-market insights.
Stocks fell Tuesday amid growing doubts about the economic recovery. But techs and banks rose.
When Congress passed a new energy law two years ago, obituaries were written for the incandescent light bulb. The law set tough efficiency standards, due to take effect in 2012, that no traditional incandescent bulb on the market could meet, and a century-old technology that helped create the modern world seemed to be doomed. But as it turns out, the obituaries were premature.