Every financial planner tells you to have one. But they never tell you what to do with it.   Read More

Stocks tumbled Wednesday with the Dow closing in bear market territory. What's the "Word on the Street?"   Read More

The most important news this morning comes from Europe: Deutsche Bank is up 5 percent pre-open after staring they would make a profit in the second quarter and would not require more capital. Yesterday UBS also said it would not require more capital.    Read More

If war in Iraq was largely over oil, as former Federal Reserve chairman Alan Greenspan essentially admitted, Western oil companies might have done better had they convinced the Bush Administration not to do them any favors.    Read More

Following are the week’s biggest winners and losers. Find out why shares of Anheuser-Busch and Exxon Mobil popped while Boeing and Yahoo! dropped.   Read More

CSX pulled a fast one by moving slowly at its annual meeting. The nation's third largest freight railroad dragging it out for more than four hours on Wednesday. Four hours that included a long-winded presentation about the company's recovery efforts post-Katrina...   Read More

The Supreme Court ruled today that the punitive damages for ExxonMobil in the Exxon Valdez oil spill of 1989 should be reduced from $2.5 billion to an amount decided by a lower court, not to exceed $507.5 million.  Here are some factoids on the economic impact of this spill.   Read More

The Dow made a modest advance Thursday as a sharp drop in oil prices helped counter renewed concerns about the strength of the economy. What's the "Word on the Street?"   Read More

Exxon Mobil, British Petroleum, Royal Dutch Shell and Total are reportedly near a deal with the Iraqi Oil Ministry that will grant the oil giants "no-bid" contracts for access to the country’s oil fields. This will mark the first time these firms have had commercial access to Iraq since the U.S. invasion in 2003.    Read More

Don't think a plateau in oil stocks means the end of an energy run.   Read More