Asia shares down on oil, US jitters
May 22 - Concerns about U.S. interest rates and soaring oil kept Asian share markets under...
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Wall Street regains footing
May 22 - U.S. stocks rebounded from a two-day sell-off as investors welcomed a surprise drop in...
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Stocks rally on lower oil
May 27. - Falling oil prices led to a rally in airline stocks and technology shares. In economic...
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Exxon Mobil Annual Meeting Draws Criticism
Rich Matthews reports from Dallas, Texas where Exxon Mobile shareholders attended the company's...
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Oil down near $10 from peak
Jul 8. - Crude prices dropped more than $5 on Tuesday as Hurricane Bertha posed little threat to...
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Oil tycoon touts wind energy
Jul 8 - U.S. oil baron T. Boone Pickens urged Americans to embrace green technology to lessen...
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Asia rebounds on oil price drop
Jul 9 - Markets rebound and anxious Japanese consumers line up ahead of launch of Apple's iphone...
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Iran presses ahead on gas
Jul 10 - Iran's Oil Minister says the Islamic Republic will continue gas field development with...
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Stocks mixed amid iPhone mania
July 11 - Asia stocks were mixed on Friday as investors eyed rising oil prices.
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Bush comments on the economy
Jul. 15 - U.S. President George W. Bush discussed the mortgage crisis, the state of the economy,...
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U.S. stocks soar, oil drops again
Jul. 16 - A big drop in crude oil prices gives U.S. stocks a reason to rally.
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Wall St. cheers oil plunge
Jul. 17 - U.S. stocks rallied sharply for the second straight session as a fall in crude prices...
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Oil falls, but Qantas pain lingers
July 18 - Australia's biggest airline, Qantas, cut 1,500 jobs and scrapped a growth plan Friday,...
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Oil jumps on Dolly fears
Jul 21 - Crude prices surged over $2 on Monday, to break a four-day losing streak, as Tropical...
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Oil shrugs off threat from Dolly
Jul 22 - Dolly was upgraded to a hurricane from a tropical storm but oil prices still fell due to...
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Asia stocks helped by oil
July 23 - A drop in oil prices helped boost Asia stocks on Wednesday.
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Oil braces for hurricane season
Jul 23 - Hurricane Dolly's entry into the Gulf of Mexico reminded energy markets and consumers of...
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Oil prices drop
July 24 - A drop in oil prices helped boost Asia stocks on Thursday.
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Asia stocks mixed despite oil dip
July 28 - A profit warning by Australia's third-largest bank ANZ casts a pall over Asian stocks,...
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Oil price helps BP to bumper profit
Jul 29 - British oil giant BP posts an $8.63 billion Q2 profit as the price of crude almost...
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Oil hits 2-month low
Jul 29 - Crude oil prices dropped roughly $2.50 on fear of further demand reduction in the U.S.,...
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Bush to Congress: lift drilling ban
Jul. 30 - President George W. Bush again called on Congress to pass legislation that would give...
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Oil prices rebound...again
Jul 30 - After falling back for a couple of weeks, oil prices turned direction and rose after a...
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Oil hits 2-month low
Jul 29 - Crude oil prices dropped roughly $2.50 on fear of
further demand reduction in the U.S.,...
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Obama: Tap Oil Reserve to Help Gas Prices
In a reversal, Barack Obama proposed Monday that the government
sell 70 million barrels of oil...
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Wall St. cheers Fed signal
U.S. stocks surged nearly 3 percent across the board in the biggest one-day rally in four months...
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Stocks up, focus on Olympics
Asian investors cheered a U.S. decision to keep rates steady, while all eyes on China economy...
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Freddie predicts more housing pain
The housing turmoil is only half over but mortgage related losses are just beginning, home...
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Citi to pay $7B to investors
Citigroup agreed to buy back more than $7 billion of illiquid auction-rate securities in a deal...
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Georgia conflict threatens oil route
The conflict between Russia and Georgia has highlighted the Caucasus region's fragility as an...
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Oil drops despite Russia conflict
Crude oil prices dropped on Monday even as the military conflict between Russia and its neighbor...
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Oil dips on demand worry
Oil fell for the sixth time in seven sessions as worries about Chinese demand offset supply...
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Georgia impact on oil
Georgian President Mikheil Saakashvili said moral support is not enough after Russian troops...
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JP Morgan's $1.5 billion hit
JP Morgan warns of a big writedown and says trading conditions have gotten worse.
Oil prices...
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Surging oil drags down stocks
Oil prices spiked nearly 3 dollars after weekly inventory data showed a drawdown in crude...
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Oil surge hits Asian markets
Oil prices jump on signs US inventories are falling, hitting energy-dependent firms across Asia...
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Europe's "motor" slows down
The German economy contracts in the second quarter of 2008, but by a less-than-expected 0.5...
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U.S. dollar continues rebound
The U.S. dollar jumped to a nearly 6-month high, after reports of contraction in European...
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Oil and Gas price disconnect
Gas prices have keep pace with the rising cost of crude oil but not on the way down....
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Asia shares recover
Asian investors shook off worries about U.S. financial system stability, with commodity-linked...
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Food fees hit international travel
United Airlines is the first U.S. air carrier to take away complimentary meal service to economy...
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Mortgage rates dip, still high
U.S. mortgage rates fell last week, but rates remain high as lenders price in higher premiums for...
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Crude oil rallies above $121
Crude oil sees its biggest percentage gain in more than two months.
The question of whether...
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GM to invest $500mln in small car
General Motors provided a preview of its latest global compact car aimed at tackling customer...
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Asia shares fall on oil surge
Asian shares fell to a two-year low as oil surged to $121 a barrel on escalating U.S.-Russian...
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Former YUKOS boss loses appeal
The former oil tycoon, Mikhail Khodorkovsky, is denied early release from prison.
The...
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Rising dollar in focus
Asian investors focused on a strengthening dollar on Monday, with oil prices and gold continuing...
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Bank failure stuns Wall St.
Worries about the U.S. banking sector resurfaced after federal regulators were forced to take...
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Fed worried about further weakness
The Federal Reserve showed greater concern about further economic weakness rather than inflation...
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China market firms on earnings
Beleaguered Chinese markets firmed ahead of a slate of company results, while much of Asia ran in...
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Oil stays strong on Gustav threat
Oil prices jumped as high as $119 on Wednesday with predictions Gustav will deliver a powerful blow...
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Gustav fears lift oil prices
Energy prices are on the rise as the U.S. braces for Tropical Storm Gustav.
Gustav could be...
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Oil up for 4rth straight session
Asia investors eyed rising oil prices and weak global economies on Thursday.
Phone giant...
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U.S. ready to tap emergency oil
Crude oil prices fell $2.56 after the U.S. government said it would use oil from a strategic...
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Oil up, Asian stocks down
Asian shares eased as oil rose above 116 dollars a barrel Monday, as a quarter of U.S. crude...
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Vodafone's stark mobile warning
Europe's largest mobile phone company Vodafone has warned an EU proposal could force 40 million...
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Oil down as Gustav eases
Oil fell further on Tuesday after Hurricane Gustav weakened before hitting the U.S. Gulf Coast,...
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Gustav spares U.S. oil industry
Energy operations in the U.S. Gulf of Mexico and along its coast avoided the worst case scenario...
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Oil drops $5 as Gustav fades
Crude oil toppled to a five-month low as initial signs suggest Gustav did not cause major damage...
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Oil slips; Coke buys in China
Oil prices held below 110 dollars on Wednesday as the dollar neared a 10-1/2 month high, raising...
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Economic weakness widespread-Fed
U.S. business conditions were weak, soft, and subdued, according to the Federal Reserve's latest...
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Mortgage bailout inspires Wall St.
Investors went on the biggest stock buying spree in a month as the government bailout of Fannie...
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Asia shares fell
Asian stocks fell and government bonds rose Tuesday as investors said the U.S. takeover of Fannie...
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Bush not planning new stimulus
The White House denied it is working on a second economic stimulus package on the heels of last...
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Lehman revives bank-fueled angst
The health of America's financial system was once again called into question as worries grow...
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BofA quiet on Lehman buy speculation
Bank of America declined to comment on speculation it was in talks to buy investment bank Lehman...
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Oil prices
As oil prices fall, consumers may find themselves with a little more cash in their...
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Markets plunge on financial fears
Wall Street was turned on its head after the bankruptcy filing of Lehman Brothers spread fear far...
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'Oil war' rages in Niger Delta
Militants in Nigeria's oil-rich Niger Delta have attacked two oil installations days after...
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Wall Street snaps global sell-off
U.S. stocks rallied on Tuesday, following steep losses in Europe and Asia, as speculation of...
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Nigeria's militants step up oil war
Militants in Nigeria are threatening to broaden their "oil war" to offshore oil fields,...
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Oil downside eyed
Oil steadied Thursday after crude's largest gain in three months, but some market watchers see...
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Wall St. sizzles as gov't plan eyed
U.S. stocks surged 3 to 4 percent in the best one-day rally in six years amid signs of a...
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Oil surges in biggest 1-day jump
Oil prices surged to the biggest one-day gain in history. Prices rose more than 16 dollars, on...
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Oil surges $16 in record move
Crude oil prices saw their biggest one-day move on record as White House efforts to tame the...
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Wall St. frets bailout delay
Investors were worried on Tuesday that congressional wrangling over the $700 billion rescue plan...
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Uncertainty abounds on Wall Street
Without any movement towards an approved government rescue plan investors steered clear of big...
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Stocks rally as bailout advances
Wall Street took its cue from Washington and as lawmakers suggested the $700 billion bank bailout...
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Dow sees historic 777 pt plunge
The Dow Jones Industrial average saw its biggest one-day fall ever as investors feared a failed...
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Stocks rebound with eyes on Congress
Wall Street followed its worst day in over 20 years with the biggest one-day percentage gain for...
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Dow slumps below 10,000
U.S. blue chips closed below 10,000 for the first time since October 2004 as growing worries of a...
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Bernanke signals possible rate cut
In a dramatic shift, Federal Reserve Chairman Bernanke signaled a readiness to lower U.S....
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European shares in freefall
European stocks plunged by around ten percent on Friday afternoon, after Wall Street started...
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Late-day surge lifts stocks
The Dow swings wildly but bounces back, ending up 400 points, thanks to bargain hunters.
The...
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Dow's best week since '04
Blue chips surged 4.75 percent in its strongest weekly gain in 4-1/2 years, but floundered on...
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Oil drop could help economy
A 50 percent drop in crude oil prices from their all time highs is likely to keep the U.S. economy...
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Stocks surge on stimulus hope
Wall Street began the trading week with a near five-percent jump after Federal Reserve Chairman...
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Weak profits worry Wall St.
The tech heavy Nasdaq fell 4.1 percent ahead of key results from Apple and Yahoo.
The Dow...
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Wall St. slumps 6 percent
Investor sentiment soured further on Wednesday as weak corporate results reinforced growing...
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Stocks rally; Microsoft beats street
The Dow and S&P 500 rose for the first time in three days. Microsoft announced...
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Markets zig-zag, oil drops
Good news about September new homes sales gives U.S. stocks a brief boost.
Oil hits a 17...
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Dow loses over 200 points
Good profits news from Verizon adds to trading volatility while oil closes at its lowest level...
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Wall St. mixed after wild gyration
The Dow and S&P 500 fell in volatile trade, but the Nasdaq rallied, even as the Fed slashed...
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Wall St. ignores shrinking economy
Stocks jumped on Thursday despite signs the U.S. economy was one step closer to an official...
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Wall Street on hold until vote
U.S. stocks barely moved one day before Americans vote for their next president.
The Dow...
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Wall St. cheers election end
An end to a costly and bitter presidential election prompted widespread buying on Wall Street as...
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No post-Obama bounce for stocks
Wall Street suffered a 5 percent retrenchment as investors realized a new president does not...
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Interview-Trichet on ECB rate cut
The head of the European Central Bank talks to Reuters about Thursday's 50 basis point rate cut...
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Retailers fan economic fears
Dismal October sales figures from U.S. retailers reminded investors of the economic hardships...
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Asia shares hit, oil dips
Asian shares mostly declined as global recession fears and Wall Street's worst two-day tumble...
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Stocks surge 7 percent
A late-day buying spree pushed Wall Street up by 7 percent despite more dark signals from the...
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Asia rebounds pre-G20
Asian shares crawled back Friday from recent losses on hopes ahead of a weekend Group of 20...
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Recession fears spark new gold rush
Many investors appear to be pinning some of their hopes on gold and other precious metals to...
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Wall St. down on retail slump
U.S. stocks fell 5 percent after the biggest monthly drop in retail sales cast a dark shadow over...
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