The Senate on Thursday approved an extensive financial reform bill that would give Washington broad new powers over Wall Street. However, there's...
U.S. refineries are in the midst of a petroleum supply glut that's driving down profit margins for refining crude --the
Why did the oil industry impose a media blackout at a recent summit of industry giants in Mexico? The answer explains why thirsty nations are already...
U.S. President Barack Obama's $862 billion stimulus plan,...
The Money Morning Facebook...
While much of the attention remains fixed on BP (NYSE: BP), Transocean Ltd. (NYSE: RIG), Halliburton Co. (NYSE: HAL), and on the attempt to plug a...
A growing number of homeowners who owe more on their mortgages than their property is worth are opting for "strategic default," which means walking...
Hoping to win more public and political support for its involvement in the bailout of Greece, Germany has banned the naked short-selling of European...
Occidental Petroleum Corp. (NYSE: OXY) announced yesterday (Wednesday) it was...
Germany did something on Tuesday that I've been hoping would happen for three years: It outlawed naked short-selling and speculation on European...
Fallout from the BP oil spill is spreading. And far from being "cheap" as some pundits suggest, BP's share price could implode if...
Just when you thought it was safe to get back into U.S. stocks, you think you see a shark. If you are searching - like the regulatory...
The May 6 1000-point drop in the
General Motors Corp. just logged its first quarterly profit since 2007. The company also claims to have paid back its government loans "in...
Recent reports show U.S. consumers are spending again; some are actually even ditching the whole discount mentality in favor of luxury brands, while...
Not everyone cheered when South Africa was awarded the 2010 World Cup. Skeptics...
For many investors, the recent thousand-point plunge by the U.S. stock market was probably the proverbial last straw. So let me be...
Japan's second-largest drug maker Astellas Pharma, Inc. announced yesterday (Sunday) it would buy U.S. biotech OSI Pharmaceuticals, Inc. (Nasdaq:...
China increased its purchases of U.S. Treasuries for the first time in six months in March as concerns about European debt contagion sparked an...
They're called "pure-play" exchange-traded funds (ETFs). And they're the latest rage in the ETF sector. But are they too much of a...
