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Markets - CBSNews.com



old node id:505123 From CBSNews.com



Published: Sat, 27 May 2017 09:57:40 -0400

 



Ford's ex-CEO driving off with $51M exit package

Fri, 26 May 2017 20:50:22 -0400

He made record profits for automaker during his short tenure at the top, but could not survive a 40% plunge in stock price



Amazon stock competes to join elite four-figure club

Fri, 26 May 2017 16:08:16 -0400

But ecommerce leader has another web powerhouse hot on its heels as they compete to crack $1,000 a share



Guess who else doesn’t love the American Health Care Act?

Fri, 26 May 2017 18:33:39 -0400

American consumers aren't the only ones worried that the Republican-backed bill that would spell trouble



U.S. economic growth was slightly less terrible in first quarter

Fri, 26 May 2017 13:28:55 -0400

Commerce Department raises its GDP estimate for the first three months of the year, as consumers and businesses up spending



Oil's drop a gas for drivers, ghastly for investors

Fri, 26 May 2017 16:31:21 -0400

Crude oil is back under the $50-a-barrel threshold as OPEC struggles against U.S. shale in a price war for global market share



Best Buy CEO Hubert Joly confounds the naysayers

Thu, 25 May 2017 20:33:29 -0400

After wholly unexpected "eye-popping" quarterly results, the consumer-electronics chain's stock leaps more than 21 percent



Trump's oil reserve sell-off plan sparks heated debate

Thu, 25 May 2017 12:37:32 -0400

While some lawmakers say the petroleum stockpile is no longer needed, many others are loath to let it shrink



Steve Mnuchin to Congress: Raise the debt limit -- asap

Thu, 25 May 2017 12:13:04 -0400

With tax revenues coming in slower than forecast, the deadline for action is moving up, to GOP conservatives' chagrin



Trump's budget is unrealistic, economists say

Wed, 24 May 2017 17:17:15 -0400

The president's spending proposal rests on U.S. GDP growth jumping to 3 percent annually, for years, which isn't likely



Why bitcoin prices are rising -- way more than a bit

Tue, 23 May 2017 20:57:48 -0400

The cryptocurrency's value has more than doubled lately, but remember: It has also crashed three times in recent years



Biggest threat to Ford? Not GM, but Silicon Valley

Wed, 24 May 2017 13:38:53 -0400

America's No. 2 automaker -- and its stock -- trails tech firms and auto rivals in developing driverless and electric cars



Apple and Nokia strike peace accord over patents

Tue, 23 May 2017 12:57:55 -0400

After battling in court as adversaries for years, they've agreed to settle their differences and work together



Keep a sharp eye on the Fed's new meeting minutes

Tue, 23 May 2017 06:53:56 -0400

What Wall Street craves now is clues about the timing of the next rate hikes, and those minutes are where to look



10 stocks for an impeachment-proof portfolio

Tue, 23 May 2017 20:24:59 -0400

If the situation in Washington gets anywhere near impeachment proceedings, you'll want own shares like these



U.S. defense stocks jump on Saudi arms deal

Mon, 22 May 2017 21:18:43 -0400

Several major American military contractors stand to benefit, particularly Lockheed Martin, Boeing and Raytheon



Citigroup may have enabled money laundering

Mon, 22 May 2017 19:31:22 -0400

Bank will pay nearly $100 million to resolve federal allegations that its Banamex unit failed to combat money laundering



Ford to replace CEO as it tries to revive business

Mon, 22 May 2017 13:53:41 -0400

Chief executive Mark Fields expected to retire as investors push automaker to refresh product line and boost sagging shares



Stocks regain footing as investors focus on corporate profits

Fri, 19 May 2017 17:14:26 -0400

Financial markets still pinning hopes on tax cuts, infrastructure spending and other policies that could boost growth



4 automakers agree on Takata air bag compensation

Fri, 19 May 2017 12:55:23 -0400

Toyota and three others offer to pay $553 million to owners who incurred costs while getting getting their cars recalled



A fuel-of-the-future breakthrough for China and Japan?

Fri, 19 May 2017 12:16:30 -0400

They've successfully extracted a potentially game-changing energy source -- "combustible ice" -- from seafloors