The dollar fell against the euro and other major currencies on Friday as oil prices rose to a record near $128 a barrel. A rebound in construction of new homes did little to dispel economic gloom.
Treasury prices fell Friday after rising oil caused investors to worry about rising inflation's erosion of fixed-income valuations.
The government said Friday that it would halt deliveries to the strategic oil reserves in July, a move many lawmakers have been calling for in an attempt to boost oil supplies and bring down gas prices.
President Bush is appealing to oil-rich Saudi Arabia to increase production just as oil prices have hit another record high
Oil prices spiked up to set a new record high price Friday morning after a whipsaw overnight session which saw the expiration of options and a mix of news.
The sick dollar may be getting a little healthier - but it is far from making a full recovery.
Stocks rallied Thursday, with technology leading the way, as investors eyed the day's economic news, fluctuating oil prices and corporate deal-making activity.
The dollar was higher against the euro, but fell against the other major currencies late Thursday, tamped by weak American manufacturing and industrial output data.
Oil futures ended a whipsaw session slightly lower Thursday as the expiration of options played havoc with prices, driving crude near record high levels at times and down by more than $3 a barrel at others. Retail gas prices, meanwhile, advanced past $3.77 a gallon.
Retail gas prices hit record highs for the eighth day in a row, auto group AAA's Web site showed Thursday.
The dollar fell against the euro and other major currencies on Friday as oil prices rose to a record near $128 a barrel. A rebound in construction of new homes did little to dispel economic gloom.
Treasury prices fell Friday after rising oil caused investors to worry about rising inflation's erosion of fixed-income valuations.
The government said Friday that it would halt deliveries to the strategic oil reserves in July, a move many lawmakers have been calling for in an attempt to boost oil supplies and bring down gas prices.
President Bush is appealing to oil-rich Saudi Arabia to increase production just as oil prices have hit another record high
Oil prices spiked up to set a new record high price Friday morning after a whipsaw overnight session which saw the expiration of options and a mix of news.
The sick dollar may be getting a little healthier - but it is far from making a full recovery.
Stocks rallied Thursday, with technology leading the way, as investors eyed the day's economic news, fluctuating oil prices and corporate deal-making activity.
The dollar was higher against the euro, but fell against the other major currencies late Thursday, tamped by weak American manufacturing and industrial output data.
Oil futures ended a whipsaw session slightly lower Thursday as the expiration of options played havoc with prices, driving crude near record high levels at times and down by more than $3 a barrel at others. Retail gas prices, meanwhile, advanced past $3.77 a gallon.
Retail gas prices hit record highs for the eighth day in a row, auto group AAA's Web site showed Thursday.
Securities regulators on Wednesday charged Broadcom Corp. co-founders Henry T. Nicholas III and Henry Samueli with falsifying the company's reported income
The dollar rose against most of the other major currencies Wednesday as new data showed lower-than-expected U.S. inflation in April.
Japan's key stock index rose to its highest in four months Wednesday as investors welcomed the dollar's stability and upbeat earnings reports from telecommunications giant NTT and other companies.
Retail gas prices hit record highs for the seventh day in a row, auto group AAA's Web site showed Wednesday.
Oil prices fell back Wednesday in Asia after hitting a record near $127 a barrel in the previous session on concerns Iran may consider cutting oil production.
The House of Representatives voted to direct the Bush administration to stop filling the strategic petroleum reserve temporarily in an effort to alleviate increasing gas prices.
Oil prices shot to a new record near $127 a barrel Tuesday on concerns that Iran may consider cutting crude oil production. Gas prices, meanwhile, rose to a new record over $3.73 a gallon Tuesday, and their advance shows little sign of slowing with Memorial Day weekend, the traditional start of the summer driving season, just 10 days away.
The dollar strengthened against most major currencies Tuesday despite gloomy U.S. economic data and record oil and gas prices.
Congress, as part of a plan to tame record oil prices, is voting Tuesday on measures aimed at stopping President Bush from continuing to fill the nation's Strategic Petroleum Reserve.
The dollar weakened further against the euro Monday as markets waited for statements from Federal Reserve Chairman Ben Bernanke and economic data expected Tuesday.
Retail gasoline prices increased for the sixth straight day and hit their fifth consecutive record, auto group AAA's Web site showed Monday.
You've read it in these pages, oh, at least a thousand times: The first dollars you save should be plowed into your tax-deferred 401(k). This is especially true if your employer matches your savings, which means the boss pays you for doing what you need to do anyway - save. But which of your funds belongs in your 401(k)? It depends where you are as an investor.
Oil prices retreated Monday in Asia from last week's record close near $126 a barrel as the dollar strengthened against the euro and yen.
Retail gasoline prices jumped to yet another record high Sunday, according to drivers' advocacy group AAA's Web site.
Oil leaped into uncharted territory Friday, soaring past the $126-a-barrel mark for the first time, and leaving analysts and investors wondering how high the price will go.
Gas prices are expected to keep up their record rise this spring, soaring well past $4 a gallon in some areas. Now Congress wants to know what to do about it.
Oil prices hit a new record high above $125 Friday as a weaker U.S. dollar drove investments into commodities.
Stocks rose Thursday, as investors welcomed some better-than-expected April retail sales, but gains were limited by record-high oil prices and weakness in the financial sector.
Gas prices jumped nearly 3 cents overnight to a new national record of nearly $3.65 a gallon Thursday. Oil prices rose slightly to a new settlement record after a day of back-and-forth trading.
The European Central Bank left its key interest rate steady at 4 percent on Thursday as the bank's president said inflation was expected to remain high
Fortress Investment Group is paying the price for going public. The New York-based firm reported Thursday a sharp decline in earnings as its core hedge fund business felt the effects of Wall Street's market swoon.
Democratic Senators are working to combat rising oil and fuel prices by attacking what many Americans see as the heart of the problem: speculative trading.
The dollar rose to a two-month high against the euro in Asia Thursday on speculation that weaker-than-expected euro-zone economic data might make the European Central Bank more pessimistic toward the region's overall economy.
Oil prices held steady Thursday in Asia after jumping to a record near $124 a barrel as investors captivated by the market's upward momentum seemed to ignore figures showing an increase in U.S. crude and gasoline supplies.
Senate Democrats on Wednesday called for a temporary windfall profits tax on oil companies and a rollback of $17 billion in oil industry tax breaks as part of an energy package. The proposal also would impose federal penalties on energy price gouging and calls for stopping oil deliveries into the government's emergency reserve.
Oil prices touched another record Wednesday, spiking after an initial decline on a government report that said crude and gasoline supplies were stronger than expected last week.
Retail gasoline prices rebounded after falling for five straight days, auto group AAA's Web site showed Wednesday.
Money market mutual funds are known for being both liquid and solid. Liquid because you can get your money out of them at any time; solid because they maintain a steady value of $1 per share. And they're popular because they tend to pay slightly higher rates than Treasury bills or bank savings accounts. Individuals and institutions alike use them to park cash they are waiting to deploy and to ride out market storms. Amid the turmoil of the past year, assets have soared 45%, to $3.5 trillion. But with the credit crunch casting doubt on many formerly safe-seeming securities, the big question for many investors has become, Is my money fund safe?
Stocks gained Tuesday as investors looked beyond record-high oil prices and big losses at financial firms and instead continued to bet that the economy is stabilizing and the worst of the credit crisis is over.
Oil futures blasted to a new record near $123 a barrel Tuesday, gaining momentum as investors bought on a forecast of much higher prices and on any news hinting at supply shortages. Retail gas prices edged lower, but appear poised to rise to new records of their own in coming weeks.
The government on Tuesday again raised its short-term price forecasts for crude oil and gasoline -- trends that are expected to tamp down demand.
Rising diesel prices have slammed the trucking industry and hurt independent truck drivers, and Congress is looking for solutions.
Retail gas prices slipped for the fifth day in a row, offering some much-needed relief to pinched consumers.
U.S. stock futures wavered early Tuesday as recent optimism about the economy was offset by record high crude prices.
The dollar's recent rally ran into headwinds Monday as traders weighed the widening gap between the U.S. central bank's lending rates and other rates around the globe.
Oil futures surged to a new record over $120 a barrel Monday, raising concerns about higher prices for gasoline and goods and services throughout the economy
Goldman Sachs recently provided a glimpse of one of the rarest occurrences on Wall Street: an analyst recommended that clients bet against a company by selling its shares short. In this case, the company was struggling Seattle thrift Washington Mutual, which happens to be a Goldman client.
Oil futures have surpassed the once unthinkable price of $120 a barrel Monday as supply threats emerged overseas and the dollar weakened against the euro.
Where do I keep my cash? During times of financial crisis (like now), that's the question on many investors' minds. And when the financial crisis involves the credit markets (as it does now), the answer isn't so simple.
The dollar was mixed Monday before the European Central Bank announces its decision on interest rates later in the week.
After a two-week climb in gasoline prices, there appeared to be some short-term moderation Monday - but another run at the record high set last week seems likely, two surveys indicated.
In the Q&A session Saturday morning at Berkshire Hathaway's annual meeting, CEO Warren Buffett and vice chairman Charlie Munger repeatedly warned investors to lower their expectations. When a shareholder asked whether Buffett's recent purchases of publicly traded stocks were likely to generate returns greater than 7% to 10% over time, Buffett promptly said no.
Retail gas prices fell slightly Friday - the first time in 18 days they haven't risen to a new record - and analysts say pump prices may be peaking for the year.
Reports released Thursday by top automakers affirmed the continuing shift in vehicle sales: Record-high gasoline prices are prompting more consumers to switch to smaller cars.
Investors moved out of Treasury bonds on Thursday as a rally in stocks sent the Dow Jones industrials up more than 180 points.
Record oil prices netted Exxon Mobil a $10.89 billion profit in the first three months of the year, sharply higher than a year earlier but short of Wall Street estimates and below what was needed to set a new all-time profit record.
Oil prices settled lower Thursday as the dollar strengthened against the euro despite a cut by the U.S. central bank in its key interest rate.
A year has made a big difference for Drake Capital Management, which has announced that it is shuttering its flagship hedge fund after a series of bad bets on government bonds.
Oil fell sharply Wednesday after the Federal Reserve said it would lower interest rates by 1/4 of a percentage point. Earlier in the day, prices eased following a report that showed supplies of crude increased more than expected last week.
The stock market can be a wild and woolly place. But at least you know you can count on dividend stocks, bonds and other income-paying investments to be a Rock of Gibraltar, right?
The former chief operating officer of the employment services company Monster Worldwide was arrested Wednesday, charged with backdating stock option grants to employees between 1997 and 2003.
The dollar fell against a mixed bag of currencies and long-term treasury prices retreated from their highs Wednesday after the Federal Reserve announced it again is cutting interest rates.
Oil prices slipped Wednesday, adding to their steep slide of more than $3 a barrel in the previous session on a strengthening U.S. dollar and data showing a dramatic drop in American fuel demand.
If the thought of opening up your mutual statement makes you squeamish or if you avert your eyes whenever CNBC comes on at the gym, it's understandable. This has been one ferocious stock market. Not only has Wall Street been flirting with a bear market - conventionally defined as a 20% decline in the major indexes - but we're now in "the second-worst eight-year period for stocks since the 1930s," says money manager Martha Ortiz of Aronson Johnson & Ortiz in Philadelphia.
The dollar rose against most major currencies Tuesday as markets waited to see if the U.S. Federal Reserve Bank would continue its campaign to lower interest rates.
Stocks ended mixed Tuesday for the second day in a row, after declining most of the session, following a troubling report on consumer confidence and some trepidation about what the Federal Reserve will decide at the conclusion of its two-day meeting that began this morning.
Oil prices fell more than $3 a barrel Tuesday as the market absorbed data showing demand is falling even as supplies are rising. Gas prices inched higher at the pump, continuing their record-breaking press toward $4 a gallon.
Gold futures plunged to a four-month low Tuesday after a stronger dollar and a drop in crude prices fed selling of the metal traditionally viewed as a hedge against inflation.
You might be listening to the symphony of financial experts extolling the virtues of a 401(k) plan, often touted as the best way to save for your golden years. But that's not necessarily the case.
Crude oil prices and the value of the dollar have been marching in different directions for months. But that may shift if the Federal Reserve signals on Wednesday that its rate-cutting campaign has come to a close.
The soaring price of crude oil isn't good for most people, but it could spell opportunity for Ben Bernanke.
Visa Inc., the world's largest credit and debit card processor, said its profit rose 28% in the first three months of the year as customers charged more to their cards.
If you're a poor sap who needs to eat or drive in the near future, then you might want to consider taking out a second mortgage (assuming you could even get one) pretty soon.
Oil prices rose sharply Friday on news that a ship under contract to the U.S. Defense Department fired warning shots at two boats in the Persian Gulf. Retail gas prices as expected rose further into record territory, nearing $3.60 a gallon.
The dollar climbed against most major currencies Thursday following a report that showed U.S. jobless claims fell sharply.
Stocks rallied and bonds slumped Thursday as investors welcomed a stronger dollar, weaker oil prices and upbeat earnings from Ford Motor and Apple.
Gasoline prices shot up to yet another record at the pump Thursday, while some analysts said the sharp price increases of recent days could soon level off although gas will continue to rise. Crude oil prices, meanwhile, fell more than $2 a barrel as the dollar gained strength against the euro.
Motorola's latest stumble puts the spotlight on its cash supply.
There is a good case to be made that the worst of the credit crunch is behind us. And that should be good news for the markets and economy.
Oil prices steadied Wednesday after climbing in the previous session to a record near $120 a barrel on the weakening U.S. dollar and concerns about unstable supply amid firm global demand.
Stocks tumbled Tuesday as investors mulled crude oil prices near a record $120 a barrel and dour profit outlooks from DuPont and Texas Instruments.
The dollar sunk to a record low Tuesday against the euro, which crossed $1.60 after a pair of European Central Bank governors said high inflation may cause the bank to raise interest rates. The U.S. currency also fell against the Japanese yen and the British pound.
Light, sweet crude for May delivery rose to a new trading record of $119.90 before retreating to settle up $1.89 at a record $119.37 a barrel on the New York Mercantile Exchange. The record run (three straight days of record settlements) was supported by a weak dollar, concerns about crude supplies from some key producers and the end of the May contract.
Gas and oil prices moved further into record high territory Tuesday, with retail gas reaching a national average of $3.51 for the first time
Cabbies here complain their take-home pay is thinner than it used to be. Trucking companies across the country are making drivers slow down to conserve fuel. Filling station owners plead that really, really, the skyrocketing prices aren't their fault.
Crude oil set a new record, spiking after an attack on a Japanese oil tanker in the Middle East to close above $117 a barrel for the first time.
The Bank of England, aiming to deal with the crippling impact of the U.S. subprime mortgage crisis, on Monday announced a $100 billion plan to allow banks to swap mortgage-backed securities for British Treasury bills.
The dollar was mixed against major currencies in trading Friday, bouncing off a record low against the euro that it reached the previous day, after Europeans expressed concern that the euro's strength was becoming harmful.
Gold prices plunged to a two-week low Friday after the dollar gained some muscle against the euro, giving investors reason to sell the metal traditionally viewed as an inflation hedge.
There's a moderately amusing McDonald's commercial where office workers bemoan the moribund state of the dollar until they realize how much they can buy with a buck on Mickey D's dollar menu.
The dollar hit record lows against the euro Thursday for a second consecutive day, but regained some ground after a European Union official said the 15-nation currency was heading in an "undesirable" direction.
Stocks ended mixed Thursday, with strength in financial and select technology shares helping the Dow erase losses and the Nasdaq recover from bigger declines.
Retail gas prices pushed past a record high $3.40 a gallon Thursday, fulfilling expectations that they'll keep climbing toward $4 as the summer driving season approaches.
Back in January, New York Times Chairman Arthur Sulzberger Jr. got a letter from two little-known hedge funds. The funds informed him that they'd bought a large chuck of Times stock. Now they were embarking on a campaign to elect four of their own nominees to the company's board.
Oil prices settled at a record high for the third day in a row on Wednesday. Prices spiked to a record $115.07 a barrel in midday trading, after a government report showed an unexpected crude supply drop.
Hedge fund manager John Paulson of Paulson & Co. took home $3.7 billion last year, making him the biggest earner in the industry, according to Alpha Magazine.
Crude oil prices surged Tuesday settling at a new record high above $113 a barrel as the U.S. dollar weakened further against the euro.
The average prices of gasoline and diesel fuel have reached new record highs, a AAA survey showed Tuesday.
You count on bonds to be the quiet part of your portfolio, providing steady returns and offsetting the volatility of your stock holdings. Many retired investors count on bonds for regular income. Lately, though, the bond market has been anything but calm. The subprime-mortgage meltdown has roiled the credit markets and slowed the economy. In response, the Federal Reserve has cut short-term interest rates, helping to push yields to near-historic lows.
If you could dream up the perfect investment, chances are it would look pretty much like an exchange-traded fund - or at least the way ETFs looked when they were introduced a decade or so ago.
| Most Viewed | Most Emailed | Top Searches |
| Most Viewed | Most Emailed | Top Searches |
Video
