With increasing anxiety, the stock market is looking over its shoulder at the energy markets. Oil briefly topped $126 per barrel today, and as oil trades above $125, we wonder how much these high prices will spread out to affect the consumer, corporate profits, corporate spending and government spending.   Read More

U.S. economist John Lipsky, who is the first deputy managing director of the IMF, is giving a speech today before the Council on Foreign Relations in New York that warns of the spread of global inflation.   Read More

Futures trading higher first on a better than expected ADP report, then on a better than expected GDP report. The Street has been acting like the long commodities/short dollar trade is coming to an end; the wording of the Fed's statement will determine if that is really the case.   Read More

Cramer's not 100% sure, though. Here's why.   Read More

Yum!'s Taco Bell -- and its Pizza Hut and KFC franchises -- is a hit overseas. The success is helping the company weather rising food costs.   Read More

Depending on how much of the economic stimulus check is promptly spent -- and on what -- it could mean the difference between the U.S. economy eking out marginal growth in the coming months or slipping into a deep recession.   Read More

Are we finally at the tipping point? You know, the point where people are so fed up with spending $40, $60, or $80 to fill up their car, truck or SUV that they clamor for something to be done? If word of mouth is worth anything, I say we've hit that point.   Read More

Turn the pain of high food and energy prices into profits. Here's how.   Read More

Charles writes, "For everyone who's crying about the moral hazards of a government bailout of the mortgage crisis, I have just 3 words for you..."   Read More

A crucial economic report is due Wednesday. Will it reveal that 70’s style inflation is back in fashion?   Read More