by | Feb 25, 2011 | Towing
It was a rough (even if short) week on Wall Street. But at least the Dow ended higher after losing more than 300 points in the previous three days. Some month-end bargain-hunting also helped stem the slide. [Video]
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by | Feb 25, 2011 | Towing
As in the summer of 2008, when prices broke $4 a gallon, big jumps at the gas pump may give car buyers reason to pause and cause vehicle sales to stall. At least the carmakers now have more fuel-efficient fleets, except for Chr…
by | Feb 25, 2011 | Towing
Yes, we’ve seen this movie before: As costly oil makes solar look good, investors pile in — only to be let down when overcapacity sets in and oil prices tumble again. But this time, solar’s rebound may be on somewhat firmer gr…
by | Feb 25, 2011 | Towing
Investors sure have plenty of worries these days. But here’s a key point to keep in mind: While higher energy prices will restrain overall global growth, they could hurt emerging markets far worse than the U.S. — and that diff…
by | Feb 24, 2011 | Towing
Gold bugs love bad news, and civil war in Libya, Africa’s third-largest oil producer, couldn’t have come at a better time. After dropping a hundred bucks in January, February’s upheavals have pushed gold back within striking di…