Crude Oil Inventory Surges to 80-Year High
The EIA weekly petroleum status report indicated U.S. commercial crude inventories had increased to their highest level in at least the past 80 years.
The EIA weekly petroleum status report indicated U.S. commercial crude inventories had increased to their highest level in at least the past 80 years.
When interest rates will be raised by the Federal Reserve has been debated for quite some time. Now it looks like the rates may not be raised until later in 2015 than previously expected.
Tesla Motors is watching its shares free fall after its CEO Elon Musk made some less than positive projections on the company’s outlook.
With Alcoa on the tape with numbers on Monday, and two big banks out Wednesday, the avalanche of fourth-quarter earnings will really hit the market next week in full force.
Wall Street and Main Street are both rightfully disappointed by a weak retail sales report for December.
Wells Fargo & Co. reported its fourth-quarter results Wednesday before the market opened.
In the month of November, 41,000 U.S. home foreclosures were completed, down 12.6% month over month and down 9.6% from 46,000 in November of 2013, according to research firm CoreLogic.
The analysts at Jefferies have just added a basket of software stocks to the firm's "10 to 2" 2015 investment theme silo.
Wednesday's top analyst upgrades, downgrades and initiations include ARM Holdings, CDW, Chesapeake Energy, Garmin, Red Hat and Verizon Communications.
J.P. Morgan reported disappointing fourth-quarter and full-year 2014 results before markets opened Wednesday morning.
The Mortgage Bankers Association's most recent report on mortgage applications noted a week-over-week increase of 49.1% in its seasonally adjusted composite index for the week ending January 9.
In a report published Wednesday morning, Moody’s Investors Service acknowledges that the possibility of a Greek exit from the eurozone does exist today.
The World Bank claims it sees the future and does not like it, at least economically. The economic growth of the developing world has lost its momentum.
In Honolulu, the average price for a gallon of regular gasoline is $3.26, though that is lower than the rest of Hawaii, where the average is $3.41.
To be truly hated, a company must alienate a large number of people. It may irritate consumers with bad customer service, upset employees by paying low wages, and disappoint Wall Street with underwhelming returns.…