Toyota president Akio Toyoda says he will testify at a congressional hearing next week on the automaker's recalls. What must you know?
Stocks rebounded off a weak open on Thursday. How should investors be positioned? Mark Matson, founder and CEO of Matson Money, and Larry Nusbaum, chief operating officer at Vertex Fund, shared their market strategies.
The initial headlines out of Japan this morning are sure to ruffle feathers on Capitol Hill. Toyota President Akio Toyoda told reporters that he is not planning to appear at congressional hearings in Washington, D.C.
Wall Street looks set to extend the previous session's gains Wednesday, with stock index futures pointing to a modest rise.
Stocks rallied Tuesday after a better-than-expected manufacturing report and some decent earnings reports. Merck and Chevron led the Dow. Kraft was the biggest drag.
Stocks rallied on Tuesday after the Empire State manufacturing index rose past expectations and some positive earnings reports. How should investors be positioned going forward? Rod Smyth, chief investment strategist at Riverfront Investment Group shared his investment strategies.
Toyota said Tuesday it plans to idle production temporarily at assembly plants in Texas and Kentucky while it grapples with massive recalls in the United States.
As Toyota lays plans for a major incentive and marketing campaign designed to win back buyers, I was intrigued by the headlines coming from Toyota dealers at the National Auto Dealers Association meeting this weekend.
How will the European debt crisis affect the currency and commodities markets this week? Adam Cole, director and global head of FX strategy at RBC Capital Markets, Tom Pawlicki, precious metals analyst at MF Global and Stephen Schork, editor of The Schork Report shared their views.
Stocks rallied Tuesday after a manufacturing report blew past expectations and some decent earnings reports. Merck and Chevron led the Dow. Kraft was the biggest drag.
Investors return from the three-day holiday Tuesday and stock index futures pointed to a strong start for the broader markets.
Stocks ended a volatile week with wild swings Friday as China's surprise tightening of its lending standards rattled global markets. Techs rallied, delivering the Nasdaq its best week since early January. All three major indexes snapped a four-week losing streak.Investors, keen to play the dips, retreated to one of their safe plays — technology. The Dow snapped a four-week winning streak, while the Nasdaq had its best week since early January.
Markets struggled on Friday on China’s surprise tightening of its lending standards and concerns about the global recovery. How should investors position their portfolios? Joseph LaVorgna, chief U.S. economist and CNBC contributor at Deutsche Bank and Brent McQuiston, vice president at Wealth Trust-Arizona discussed their insights.
Markets fell sharply on Friday as world markets were rattled over China's decision to tighten capital requirements for banks. How is China’s move affecting the U.S. dollar, gold and commodities? Boris Schlossberg, director of currency research at GFT Forex, Jim Steel, chief commodities analyst at HSBC and Peter Beutel, president of Cameron Hanover shared their insights.
Stocks fell sharply Friday as world markets were rattled over China's decision to tighten capital requirements for banks. The Dow was down more than 100 points, or over 1 percent, in the first few minutes of trading.
Starting this week, Japanese buyers of the hulking power machines from General Motors receive a 250,000 yen subsidy under Japan’s new, looser fuel-efficiency standards for imported cars.
Expect a little more volume than normal Friday: Berkshire Hathaway Class B shares are going into the S&P 500 today. This is attracting an unusual amount of interest from the trading community, due to the large size of the addition. About $1 trillion is indexed to the S&P 500.
Global markets have been shaken in recent weeks by concerns that debt trouble in countries like Greece, Portugal and Spain would unravel a budding global economic recovery. And David Hefty, CEO of Cornerstone Wealth Management, told CNBC that Europe’s sovereign debt issues are just beginning.
The big question is how much will Toyota wind up paying in legal claims for the lawsuits it faces and will face as a result of its unintended acceleration problems?
Commodity and energy stocks rallied as the euro finally became so oversold that traders began buying it, thus weakening the dollar. There may also be a secondary reflation trade in play: the unusual move in copper (up 4.7 percent) widely noted on trading desks. George Gero at RBC attributes the gold rally to "Relief that Greece will be handled without having to sell gold..."