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Current DateTime: 05:14:52 25 Nov 2009
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Current DateTime: 05:14:52 25 Nov 2009
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  • Runway Angels

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      Not quite sure what wine to pair with Turkey or Creme Brulee? Our experts do.

FEATURED QUIZZES


Current DateTime: 05:14:52 25 Nov 2009
LinksList Documentid: 33793611
  • How Well Do You Know Your Bird?

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      Take the following quiz and find out how much you know about the impact of obesity on the health of the U.S. economy.

  • The Billionaire BFF's

      Philanthropists. Bridge partners. Hockey players. Which responses are based on facts from Buffett's and Gates' real lives?


Current DateTime: 05:14:53 25 Nov 2009
LinksList Documentid: 24890560
  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

  • Alternative Investing

      Stocks and bonds? Sure. But it's a big world out there for investors.

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Top Videos: Oil, Jobs, Wal-Mart...and Oil
By: Brian Clark,, Senior Video Producer | 06 Jun 2008 | 03:09 PM ET
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It’s all about oil, as the dollar fell and crude prices shot up to more than $138 a barrel on Friday.

Oil's Gusher

Israel issues comments on the inevitability of an attack on Iran's nuclear program and Morgan Stanley points out that U.S. inventories are down 35 million barrels since March. Not coincidentally, oil is up almost 5 percent on the day, 40 percent for the year...so far.

US Light Sweet Crude [US@CL.1  Loading...      ()].

London Brent Crude [GB@IB.1  Loading...      ()].

Jobless Claims Climb

But it’s not just oil that’s driving the markets down. This morning’s unemployment number showed its biggest leap since 1986, to 5.5 percent. Mix that with oil and the result is predictable: the Dow was down 259 points by noon.

Wal-Mart Spreads Its Low-Price Gospel

While the markets were down, Wal-Mart’s [WMT  Loading...      ()] annual shareholder/revival meeting was upbeat and gave CEO Lee Scott an opportunity to push the company’s mission of “saving people money so they can live better.” Attendees were treated to an appearance from Queen Latifah as well as country singer Tim McGraw.

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CNBC HIGHLIGHTS

  • For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
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