by Alex McGuire
The WTI crude oil price today surged above $61 in morning trading on declining inventory data.
The rise in oil prices came after the American Petroleum Institute (API) released a bullish weekly supply report.
Here's what that means for oil price forecasts for the rest of the year...
No Airbnb IPO date has been set, but when it comes to market, the company may be worth as much as $24 billion.
According to a report from The Wall Street Journal last week, the home-rental company is in the midst of a $1 billion funding round. The investors funding the company value it near $24 billion.
But even with that huge valuation, the company still faces two major threats...
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Recipients of the Koch Brothers' political contributions will soon be decided at their summer summit. Presidential nominees include five famed GOPers that the rich siblings favor.
But just what do these candidates have to do and say to get a piece of the oil barons' fortune?
Here's a look at POTUS hopefuls and where they stand on issues pertinent to the rich brothers...
by Alex McGuire
With oil prices ready to continue their rebound, investors are on the hunt for the best oil ETF to invest in now.
WTI oil prices are up 23.2% since they bottomed at $49.65 on March 17. They are still down 37% since June 23, 2014.
That's why we're recommending this oil ETF today...
Find out what's ahead for the stock market today.
Get Dow futures today, stocks to watch, the biggest stock market news, and today's best profit plays.
I just left a closed-door meeting in Paris. Assembled here were some high-powered oil practitioners, the traders selling their productions, and the bankers financing all of it.
As often happens, the pundits and talking heads have been discussing matters quite similar to what was on our agenda. And as usual, their perspectives are very different from those of us "behind the scenes."
As a matter of fact, what I heard at this meeting has led me to believe that I may even have made a misjudgment.
by Diane Alter
Thanks to a robust FB stock rally Monday, Facebook Inc. (Nasdaq: FB) bumped Wal-Mart Stores Inc. (NYSE: WMT) out of the 10 companies by market cap.
How did FB do it? And what are the top companies by market cap?
What happened to the Dow Jones Industrial Average today?
Get final numbers, stocks to watch, biggest news, and today's best profit plays.
by David Zeiler
For BBRY stock, the market reaction to today's (Tuesday) missed earnings was a familiar one.
The once high-flying BlackBerry Ltd. (Nasdaq: BBRY) stock slumped about 4% to below $9 a share. In its heyday BlackBerry stock traded at over $100 a share.
Now CEO John Chen is trying to rebuild BlackBerry by focusing on its software business.
But all the smart moves may not be enough...
by Jim Bach
What happens when Greece defaults?
That's the question on the market's mind right now. It's no longer a question of "what happens if Greece defaults?"
Here's why the stakes are high, and why a default or "Grexit" is about more than just Greece...
