Topic: Commodity Markets

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  • Stocks soar. Dow has first close above 15,000.

    Stocks rose on Wall Street Tuesday with the Dow Jones industrial average closing above 15,000 for the first time. Higher quarterly profits for companies including satellite TV provider DirecTV and watchmaker Fossil pushed stocks upward. The Dow Jones is up 15 percent this year.

  • Bank of America leads bank stocks rally

    Bank of America stocks soared Monday, leading a rally in big-bank stocks on an otherwise quiet day on Wall Street. Stock indexes ended little changed following a record-setting run last week.

  • Stocks gain after jobless claims fall

    Stocks rose on Wall Street Thursday on encouraging news about jobless claims. Higher profits from CBS, Facebook, and other companies helped push stocks upward.

  • Stocks edge higher; IBM pulls up Dow

    Stocks overcame a morning slide to finish modestly higher, giving the Standard & Poor's 500 index another record close. Worries about slower economic growth have rattled stocks this month, but they have consistently bounced back.

  • Energy Voices Oil by train runs out of track

    Shipping oil by rail used to be the answer to tight pipeline capacity and cheap Canadian crude, Schaeffer writes, but the question now is: Has that train left the station?

  • Stocks edge higher on drop in jobless claims

    Stocks closed higher on Wall Street but only after giving up much of the ground they won earlier in the day. Good news on jobless claims and healthy earnings from name-brand companies like Royal Caribbean and Harley-Davidson encouraged investors to buy stocks.

  • World's five largest companies

    For the first time in nearly a decade, the world’s five largest public companies are all American affair  These are the Top 5, as of mid-April 2013.

  • Africa Monitor Can Africa keep its economic boom from going bust?

    Several African economies are among the fastest growing in the world, but to transform cash into social prosperity will require more attentive involvement from the state, writes Lee-Roy Chetty.

  • The New Economy IRS to close for five days: this week in the economy

    The IRS will shut its doors to the public for five days in the coming months due to federal budget cuts. IRS closure dates and other news from around the economy this week.

  • Asian shares dip amidst slowing economic recovery

    Worries about trends in global growth, drove down U.S. and European equities, commodities and Asian markets on Wednesday. Earnings forecasts continue to be revised downward, say analysts.