Stocks declined Tuesday as oil surged above $115 a barrel and an inflation report agitated a market already rattled by worries about the financial sector. Retail stocks also fell amid a weak outlook for consumer spending.
Stocks declined Tuesday as a much higher-than-expected jump in inflation at the producer level agitated a market already rattled by worries about the financial sector. Retail stocks also fell amid a weak outlook for consumer spending.
Stocks opened lower Tuesday as a much higher-than-expected jump in inflation at the producer level agitated a market already rattled by worries about the financial sector.
| Source: The Associated Press
The state of Rhode Island and the town of West Warwick have each agreed to pay $10 million to those left behind after a nightclub fire that killed 100 people, according to court documents filed Monday.
Chairman of Cumberland Advisors predicts more bank failures while the managing director at Louise Yamada tells investors why now is the time to be bullish on gold. Following are today's top videos:
Big retailers are not only putting solar energy systems are the roofs of their stores, they're getting in the residential solar panel business. But don’t expect an install-it-yourself kit any time soon.
| Source: The Associated Press
After running Chrysler LLC for a year, Cerberus Capital Management LP must be wondering if its mascot, the three-headed dog that guards the gates of hell, is protecting it from the underworld or leading it into the flames.
Foreign companies are buying American companies and the CEO of Home Depot comments on the economy. Following are today's top videos:
CNBC asked the smartest people in the room for their thoughts on the markets and the economy.
Home Depot wouldn't exist if it had to be started in today's economic and regulatory climate, two founders of the national home-improvement chain told CNBC Tuesday.
GM's shares have plummeted to less than $12, the lowest level since 1955. That means the world's largest auto maker has a stock market value of only about $7 billion.
| Source: The New York Times
Home Depot, the nation’s second-largest retailer, will announce on Tuesday that it will take back old compact fluorescents in all 1,973 of its stores in the United States, creating the nation’s most widespread recycling program for the bulbs.
| Source: The Associated Press
Four of the nation's largest homebuilders have agreed to pay $4.3 million in fines for failing to control runoff at construction sites in 34 states and the District of Columbia.
| Source: The Associated Press
Chrysler LLC Chief Executive Robert Nardelli said Tuesday that he expects the automaker will be an independent company three years from now.
For the first time in a long time, it looked as if oil was going to stay out of the market headlines. No such luck.