U.S. consumer prices rose in June as the cost of gasoline surged, pointing to a gradual build up of inflationary pressures.» Read More
Even the BP Gulf oil spill disaster hasn't made energy policy a front-burner election issue this year, but there's still lots at stake for voters and the economy.
With five weeks until the 2010 midterm elections, Americans will soon be casting their ballots in Congressional and Gubernatorial races across the country. Here's how key indices have performed since President Obama took office, following the 2008 election.
An eventual deal will be cut in the lame-duck session, extending the Bush tax cuts—for everyone—for another two years, says Greg Valliere, chief political strategist at the Potomac Research Group.
It appears the "less-bad trade"—when the market gets a lift from things not being as bad as investors had expected—has returned to Wall Street.
Despite all the worry about the sluggish US economy, businesses and investors are finding an even bigger reason to be cautious these days: the political mess in Washington.
Positive gross domestic product readings and other mildly hopeful signs are masking an ugly truth: The US economy is in a 1930s-style Depression, economist David Rosenberg said Tuesday.
Investors withdrew a staggering $33.12 billion from domestic stock market mutual funds in the first seven months of this year. Now many are choosing investments they deem safer, like bonds. The New York Times reports.
A new bill in the House of Representatives would use a reverse auction process to allocate future federal oil royalties to the best renewable energy projects and technologies.
Hard times mean hard choices, so our special report takes a look at various asset classes and investment scenarios to help you with your decisions.
If you're looking for action, try grains, but even that may be iffy. It all depends on the weather.
While investment strategists generally expect US equities to close out 2010 in negative territory, most also say the market between now and December 31 remains too unpredictable to forecast with any confidence.
Thursday's weekly jobless claims only reinforced what Wall Street already knew—that despite halting signs of improvement, there is no robust recovery.
The next few weeks could be critical for the US dollar, which has fallen lately after rallying earlier in the year. At stake could be not merely the currency trade but the direction of stocks and the stumbling economic recovery.
"It's not a question of whether you have bullets, but that people think he has bullets," says one economist, referring to the famous scene in the Clint Eastwood cop drama, 'Dirty Harry.'
After two dreadful years, including a $4 billion loss in 2009, 2010 will should solid profits, starting with second-quarter earnings due out next week.
Robert Prechter is convinced that we have entered a market decline of staggering proportions, perhaps the biggest of the last 300 years, the NY Times reports.
At 5.06am lawmakers voted to name the financial reform bill after Barney Frank and Chris Dodd, the chairmen of the House financial services and Senate banking committees.
Despite the recent financial crisis that brought the U.S. economy to its knees, Americans should trust the private sector, not the government, if they want a lasting jobs recovery, Michael Steele, Republican National Committee, told CNBC Tuesday.
Republican Sen. Bob Corker tells CNBC that he's prepared to improve the sweeping reform bill but probably won't vote for it just the same.
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