Oil fell nearly 1 percent on Friday as a stronger dollar weighed on prices and falling equities raised concern about the economy and the outlook for energy demand.
Gold rallied late Friday in the face of a stronger dollar and ended higher for a third straight week on investor sentiment amid inflation concerns and economic uncertainty.
A flurry of green agreements between the U.S. and China this month has lowered expectations for any global deal at a major climate change conference in Copenhagen next month, but they may also foreshadow a new approach by the Obama administration focusing on job creation and technological innovation.
As global leaders prepare for December's Climate Change Conference in Copenhagen, CNBC is speaking to heads of business from around the world to reflect on the summit, discuss plans for reducing emissions and investment opportunities.
U.S. crude futures fell more than 2 percent Thursday as a stronger dollar weighed and weaker equities raised concern about the economy and a potential rebound in energy demand.
Gold prices retreated on Thursday from the record high above $1,150 an ounce they reached in the previous session, reacting to a rise in the dollar as investors took profits in higher-yielding currencies.
Wednesday, 18 Nov 2009 | Source: The New York Times
The economy still needs help. So White House officials are looking at creating a new version of cash for clunkers — this time for home weatherization. The New York Times reports.
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.
Can you cash in on climate change? Barely a day passes it seems without a new green fund launch, or another ETF bundling together a collection of stocks in companies that have green credentials.
Gold fell in Europe on Tuesday, after the previous day's rally to record highs, as the dollar recovered from a 15-month low, but analysts said the rising trend was still firmly in place.
Monday, 16 Nov 2009 | Posted By:
Patrick Allen | Source: CNBC.com
Nine chief executives and chairmen from around the world have signed up for an exclusive CNBC initiative, "The Carbon Council", aimed at identifying opportunities in clean technology and the larger business of sustainability.
We're now roughly a year away from the much hyped, much anticipated Chevy Volt going on sale and GM is starting to take the wraps off its extended range electric car... Read More
Almost 90 days after coming out of bankruptcy, General Motors is showing signs of getting healthy and moving closer to getting back in the black... Read More