Global markets have been shaken in recent weeks by concerns that debt trouble in countries like Greece, Portugal and Spain would unravel a budding global economic recovery. And David Hefty, CEO of Cornerstone Wealth Management, told CNBC that Europe’s sovereign debt issues are just beginning.
The big question is how much will Toyota wind up paying in legal claims for the lawsuits it faces and will face as a result of its unintended acceleration problems?
Commodity and energy stocks rallied as the euro finally became so oversold that traders began buying it, thus weakening the dollar. There may also be a secondary reflation trade in play: the unusual move in copper (up 4.7 percent) widely noted on trading desks. George Gero at RBC attributes the gold rally to "Relief that Greece will be handled without having to sell gold..."
Few things are more powerful than road rage but one glance at a Toyota driver these days is enough to snap you out of your expletive-filled tirade. We talked to a few to see what's going through their minds on the road.
European leaders at Thursday's EU meeting in Brussels vowed to help Greece survive its mounting debt crisis. How will markets digest the news? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his stock-market insights.
Investing—usually made complicated—can be made really simple, said Charles Ellis, author of The Elements of Investing & Winning the Loser’s Game. He shared his best investment strategies.
For years, if you wanted to buy a Toyota you knew that you weren't going to get much of a deal. It was a given. Some people grumbled about it, but most looked at it as the price you paid for peace of mind. After all, when you bought a new Camry or Corolla you knew the car wasn't going to break down or be part of a major recall like many of its American rivals.
Stocks struggled — and lost — Wednesday as traders mulled a possible bailout of Greece and the Fed's exit strategy after comments from Bernanke.
Stocks fell further on Wednesday after Fed Chairman Ben Bernanke outlined the Fed's exit strategy for its unprecedented economic stimulus measures. How should investors be positioned? Frank Holmes, CEO and CIO of U.S. Global Investors and John Lekas, CEO and portfolio manager at Leader Capital shared their insights.
From Washington to Detroit to California there is one question being asked time and again: Why didn't NHTSA (National Highway Traffic Safety Administration) move quicker on Toyota?
Futures were pointing to a higher open Wednesday but pared gains after a report showed the US trade gap widened more than expected.
Shares of Toyota bounced on Tuesday, despite word that the automaker had issued yet another recall.
One implies screwing up one too many times. The other suggests you finally get it right. The question for much of America is which one suits the current situation Toyota finds itself in right now?
Stocks staged a relief rally Wednesday amid talks of a bailout for Greece and positive earnings and sales news from some key Dow components.
Stocks rose at the open on Wednesday amid talks of a bailout for Greece and kept climbing through the morning on positive earnings and sales news. What’s ahead for the markets? Sean Clark, CIO at Clark Capital Management, and Jerry Castellini, president and CIO of CastleArk Management, shared their outlooks.
Speculation that some kind of assistance to Greece is coming (even though the Greek Prime Minister says he doesn't want any assistance). EU heads of state will be meeting in Brussels on Thursday. The big question: Will Germany endorse some kind of rescue package? Also: China buying hard assets — oil and gold.
U.S. stock index futures are pointing to a higher open Tuesday morning, a day after a last-hour selloff pushed the Dow to its first close below 10,000 since November, and the S&P 500 to a fresh three-month closing low as well.
Many economists say Toyota’s trauma is a wake-up call that Japan needs to understand that its reliance on manufacturing and industrial exports, which served the country so well after World War II, is no longer wise.
Ever since Toyota's gas pedal problems came out roughly four months ago, I've often asked executives with the Big 3 why they aren't more aggressive going after Toyota. The executives often told me, "We're getting the message out there." It was as if the folks in Detroit were afraid to take a shot at Toyota.
The Dow dropped more than 100 points, or 1 percent, as financials and commodities sold off amid jitters about the global recovery. Home Depot and HP were the only Dow components that ended higher.