Stocks finished narrowly mixed in choppy trading Tuesday, pressured by steep oil prices and as investors were quick to book profits following a deal announcement in Greece.
Some Wall Street investors made money as the mortgage market boomed; others profited when it fell apart.
By Beth Fouhy & Chris Kahn, CNBC.com NEW YORK – Gasoline prices have never been higher this time of the year. At $3.53 a gallon, prices are already up 25 cents since Jan. 1. And experts say they could reach a record $4.25 a gallon by late April. “You’re going to see a lot more [...]
By Peter Burrows – Bloomberg.com The Fair Labor Association, a watchdog monitoring working conditions at makers of Apple Inc. products, has uncovered “tons of issues” that need to be addressed at a Foxconn Technology Group plant in Shenzhen, China, FLA Chief Executive Officer Auret van Heerden said. Van Heerden made the comments in a telephone [...]
Rich Arzaga owns a luxury home in San Ramon, California, but he’s not betting on it as an investment.
President Obama’s fourth budget has now been released, which allows for a relatively full accounting of deficit spending during his four years in office. The picture isn’t pretty, but it is revealing.
American motorists have seen the national average for a gallon of regular gasoline rise above $3.50 a gallon on just three occasions, but it has never happened this early in the year. Analysts say it’s likely a sign that pain at the pump will rise to some of the highest levels ever seen later this year.
U.S. stocks rose, after the first weekly loss for the Standard & Poor’s 500 Index in 2012, as Greece approved austerity plans to secure rescue funds.
When commodities brokerage MF Global imploded, the FBI and federal prosecutors were quick to launch an investigation to pursue what seemed obvious to outspoken regulators and lawmakers: laws were broken and crimes were committed.
The S&P 500 posted its biggest daily percentage decline thus far in 2012 on Friday after an about-face on Greece’s long-awaited debt deal ended a five-week streak of gains for equities.
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