The U.S. State Department issued a "worldwide travel alert" late on Monday, in the latest security red flag for global tourism.» Read More
BP deserves acknowledgement for the claims it has made to date to the Gulf of Mexico region and its residents and its agreement last week with the government to pay out some $20 billion, Ken Feinberg, BP escrow account administrator, told CNBC Monday.
China's currency announcement has the potential to boost American exports, says Fred Hochberg, President and Chairman of the US Export-Import Bank.
Stock index futures pushed higher Monday on news that China intends to end its currency’s fixed rate to the dollar, a move investors believe will boost Chinese demand for exports as well as commodities.
As worldwide need for aluminum expands, demand for Alcoa products will grow 10 percent this year, with a full 50 percent of that coming from China, Klaus Kleinfeld, CEO and director, told CNBC Friday.
Stocks eked out a gain Friday amid "quadruple witching" volatility but managed to end the week up 2.3 percent amid bargain hunting. Gold soared to a record close.
BP executives met in London Friday with investment bankers to discuss a likely bond offering as early as Tuesday, according to a source familiar with the matter.
Stocks wavered in a tight range Friday as energy shares gained modestly while "quadruple witching" expiration of futures and options stirred up volatility. Gold soared to a new record.
Stocks bobbed along Friday as the "quadruple witching" expiration of futures and options stirred up volatility. Energy stocks were among the day's leaders as investors did some bargain hunting in the beaten-down sector.
Some on Wall Street are saying that BP may have to pay lenders as much as 2.5 percent more than it typically does on similar bond issues. What does this mean for BP stock and investors?
Stock index futures edged slightly higher Friday as investors prepared for the "quadruple witching" expiration of futures and options, following a modest rise in stock on Wall Street in the previous session.
Stocks eked out a gain Thursday, led by technology and consumer staples, after struggling all day as data on regional factory activity and jobless claims underscored worries about the pace of the economic recovery.
Stocks opened higher Thursday as a successful bond auction in Spain helped assuage debt fears but quickly erased their gains after a one-two punch of disappointing data: Jobless claims jumped last week and the Philly Fed gauge of manufacturing activity tumbled.
Stock index futures rose Thursday after a successful bond auction in Spain helped quell fears about European debt contagion.
Stocks ended a rocky session flat Wednesday as a drop in housing starts and disappointing outlook from FedEx offset a strong industrial-production report. BP shares rose after the company agreed to halt its dividend.
Stocks recovered as techs rose and after a report that BP had agreed to place about $20 billion in escrow to pay claims resulting from the oil spill.
Futures tumbled Wednesday after a report showed housing starts fell much more than expected.
Stocks rallied Tuesday as the euro gained against the dollar after a number of successful European debt auctions eased investor concerns about the euro zone's solvency crisis. Techs and industrials led the advance.
Stocks rallied Tuesday as the euro gained against the dollar after a number of successful European debt auctions eased investor concerns about the euro-zone's solvency crisis. Techs and industrials led the advance.
Stocks opened higher Tuesday, after finishing lower in the prior session as Moody's downgraded Greece's credit rating to junk status.
U.S. stock index futures made modest gains ahead of the open Tuesday in the wake of a lower close for the major indexes in the previous session after Moody's downgraded Greece's credit rating to junk status Monday.