Federal officials are investigating a radiation leak at Three Mile Island, scene of the worst U.S. nuclear power accident, but said on Sunday there was no threat to public health or safety.
Wednesday, 18 Nov 2009 | Posted By:
Albert Bozzo | Source: CNBC.com
Government programs don't help the market, one economist says, because they don't "get rid of the fundamental problem: There's still a glut of houses.”
Carin Froehlich pegs her laundry to three clotheslines strung between trees outside her 18th-century farmhouse, knowing that her actions annoy local officials who have asked her to stop.
Carin Froehlich pegs her laundry to three clotheslines strung between trees outside her 18th-century farmhouse, knowing that her actions annoy local officials who have asked her to stop.
Ford's Fusion mid-size sedan was named Motor Trend magazine's 2010 "car of the year" Tuesday, adding to the perception that changes to the No. 2 U.S. automaker's vehicle lineup are gaining traction.
New Zealand utilities investor Infratil posted a first-half loss on Tuesday after writing down assets, and repeated its interest in buying Shell's downstream and refining assets in the country.
The oil market is well supplied, with inventories at record levels globally, and the market continues "to be a bit soft," but prices are getting a big boost from the dollar's fall, Exxon Mobil CEO and Chairman Rex Tillerson told CNBC Friday.
The Dow rose for a sixth straight session Wednesday as the dollar hit a new 15-month low after Fed comments and strong Chinese economic data. Financial, material and IT stocks were the biggest gainers.
Commercial real estate is somewhere between an orderly massacre and a disaster, William Mack, founder and chairman of Area Property Partners, told CNBC.
Stock index futures pointed to another higher open on Wall Street Wednesday as the dollar hit a new 15-month low after Federal Reserve officials reinforced the view that rates will remain low for some time.
The housing market has improved slightly and prices are starting to stabilize, but we could see another downswing this winter, James Lockhart, vice chairman of WL Ross & Co. and former director of the Federal Housing Financial Agency, told CNBC.
World energy use will rise rapidly over the next 20 years, increasing costs and greenhouse gases unless a deal is reached to curb carbon dioxide emissions, the International Energy Agency (IEA) said on Tuesday.
Russell Investments recently released the results of its latest survey of investment managers and they are not as bullish as they used to be... Read More