Looks like Tony Hayward will have his life back after all. British oil giant BP has replaced him with Bob Dudley, an American known for diplomacy. This move that might soften U.S. criticism of the way BP has been handling the oil spill in the Gulf of Mexico.
Looking to make some money in the short term? This is how you do it.
Federal Reserve chairman Ben Bernanke returned to Capitol Hill on Thursday, repeating yesterday's testimony before the House members. Randy Bateman, portfolio manager at Huntington Situs Trust Fund discussed his insights on Bernanke's testimony and the Fed’s outlook.
Federal Reserve Chairman Ben Bernanke is scheduled to begin his semi-annual economic testimony before Congress at the Senate Banking Committee this afternoon. Art Cashin, director of floor operations at UBS Financial Services, discussed his insights.
Stocks rose for a second straight day Tuesday as cyclicals like energy and materials advanced. Retail stocks gained after the Senate cleared a hurdle toward extending unemployment benefits. Apple rose ahead of its earnings, due out after the bell.
Here's what analysts and others say they're watching before the bell Tuesday.
Stocks closed mostly flat Wednesday after an up-and-down day punctuated by negative economic news and a lowered growth forecast by the Federal Reserve.
Stocks pulled back from a morning rally as declines in bank and chipmaker shares offset gains by some retailers and improvement in new claims for unemployment benefits.
Predictions are skewing positive, so how should you game retail ahead of the all-important same-store sales figures?
Stocks advanced Wednesday as financials got a boost from State Street's outlook and investors scooped up some beaten-down tech and industrial shares.
Stocks opened higher Wednesday, led by financials after State Street said it expects to beat earnings expectations.
Stocks pulled off a gain Tuesday after a late rally as investors scooped up some bargains. Energy, techs and financials gained, while retail stocks were one of the weakest links after a downgrade on the sector.
Stocks pared their gains Tuesday as retail stocks weakened following a downgrade on the sector. Financials and techs advanced.
Retailers will be rolling out the usual holiday sales this July 4th weekend, but the effort may be aimed more at holding onto existing customers than boosting sales.
Why Wanye Hood of BMO Capital Markets is bullish on these home improvement companies.
In the first half of the year when China stocks moved, raw materials moved in unison 80% of the time. Does that mean you should run for the exits? Not necessarily.
Stocks ended lower Monday after a yo-yo session as investors digested some mixed consumer data, a drop in oil prices and news that the Supreme Court struck down a key part of the Sarbanes-Oxley law, which regulates corporate accounting.
Stocks bounced back Monday in a yo-yo session as investors digested some mixed consumer data, a drop in oil prices and news that the Supreme Court struck down a key part of the Sarbanes-Oxley law, which regulates corporate accounting.
Following a poor existing home sales number on Tuesday, yesterday’s new home sales data was even more disappointing. Here is a look at the drop in the major homebuilding stocks since the tax credit’s expiration on April 30.
Sales of new homes in May fell to the lowest level ever, so why did the Homebuilders ETF close higher on Wednesday.