The price of corn is up 200% the last two years and if you compared a current chart of corn and oil they overlay almost perfectly. With unusual demand from ethanol production, are we to see an extended move up in corn ?    Read More

A few weeks ago the folks heading up the mortgage industry’s “Hope Now” initiative, which aims at getting lenders and servicers to refi, modify, or set up repayment plans for borrowers, came over to tell me how wonderful they were doing, and how their numbers were improving.    Read More

Sky-high food and fuel prices will make it hard for this company to meet analyst expectations.   Read More

Following is the unofficial transcript of a FIRST ON CNBC interview with Treasury Secretary Henry Paulson today on CNBC's "Power Lunch."    Read More

Skyrocketing oil and gas pump prices have become public enemy number one on the economics front, and politically priority number one out on the campaign trail. (Though neither Obama nor McCain have really connected with the public’s desire to drill and produce more oil as a way of getting gas prices down.)    Read More

G7 finance ministers are meeting in Washington this weekend to discuss the sub-prime credit mess and ways to coordinate measures aimed at backstopping the world financial system against various credit strains and systemic risks.   Read More

Following is the unofficial transcript of a CNBC EXCLUSIVE interview with Senator Clinton. During the interview, Senator Clinton discusses her new plan unveiled today on keeping jobs in the U.S. and her thoughts on Paulson's plan, among other topics.    Read More

As Bernanke gets set to testify before Congress Wednesday, the market will be watching his every move to determine whether Tuesday’s rally is sustainable.    Read More

The market is rallying big on news reports that Bush will support some kind of Frank–Dodd bill to bailout as much as $400 billion in sub-prime mortgages. CNBC is talking about the ISM, but I doubt that’s much of a factor.   Read More

Investors bid the Dow higher as the price of oil and other commodities declined. The rally caps a negative quarter for all the major averages. What's the "Word on the Street?"   Read More