If you listen closely enough, you can hear the stagflation storm brewing across the economy. It’s the sound of rising prices and weak economic growth conspiring to create the Federal Reserve’s worst enemy.
With much speculation about how high oil prices will go amid the unrest throughout the Middle East, one CEO told CNBC on Friday that oil will actually go down, to as little as $70 a barrel.
The role of Facebook in the Middle East revolutions is "overstated," says one prominent Jordanian businessman.
Oil prices, now topping $100 a barrel, could hit $120, energy financier T. Boone Pickens, chairman and CEO of BP Capital, and an advocate of replacing oil with natural gas in some applications, told CNBC Friday.
Massive instability in North Africa is terrible news for a fragile US recovery: Though just how terrible remains to be seen.
Oil prices have seen wild moves in recent days amid increasing violence in the Mideast, but the options market is telling us the roller-coaster ride may be over.
Forget Twitter and Facebook. Forget outspoken Google spacer Exec Wael Ghonim. If you want to know who should get credit for the sudden surge towards democracy in the Middle East, send a ‘Thank You’ note to Ben Bernanke.
The bullion bull run is strong as investors flock to gold and silver as a safe haven from the turmoil in the Middle East. On Thursday, the spot price of gold and silver hit an all time high in Mumbai, India's largest bullion market.
If Saudi raised oil production to 9 million barrels per day, then they've chosen a good time to do it.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Libyans braced for mass protests Friday as the rebel movement called for a new push to oust Moammar Gaddafi after a day of fierce fighting in which rebels made new gains and advanced closer to his stronghold in Tripoli while pro-government forces attacked two nearby cities in battles that killed at least 17 people.
The world is going to become richer and richer as developing economies play catch up over the coming years, according to Willem Buiter, chief economist at Citigroup.
Protesters gather in the streets of Libya, as hospitals begin to fill up with injured and Libyan citizens pack up to leave the country.
Tweets, bleats and Al-Jazeera, and maybe new margin requirements were all part of the reason behind the big swing in oil prices Thursday.
The dollar's failure to rally in tandem with other safe-haven currencies has investors wondering if it's lost that special status.
Good King Abdullah of Saudi Arabia figures that $36 billion will buy off any potential unrest in his realm of Saudi Arabia. That's an expensive piece of cake he's dishing up.
While Mideast turmoil and the subsequent rise is a convenient excuse for the one-week equity selloff, the real catalyst may be something else, entirely.
As oil prices touch fresh highs, an official from a trade group representing convenience stores said that consumers have appeared "more confident" in recent months.
As anger spreads throughout the Arab world, retired Gen. Wesley Clark said Saudi Arabia will be the last country to see an uprising.
While some worry skyrocketing oil prices will hurt the U.S. economy, the "Fast Money" traders are taking a different view.