Back to Mobile View

commodities

Nothing is sacred when it comes to the whims of the global economy -- not even your holiday bird. The cost of a traditional Thanksgiving dinner -- turkey, stuffing, cranberries, pumpkin pie and all the trimmings -- will increase about 13% this year, the biggest jump since 1990.
Amid plenty of uncertainty, investors are looking for strategies that will make them wealthy. But you should forget about the idea of getting rich quick and focus on diversity, according to Larry Light, author of the new book, Taming the Beast: Wall Street's Imperfect Answers to Making Money.
Wall Street will watch second quarter earnings for telltale signs that the economy has slowed or that corporate margins are even tighter than is feared. But the ones reporting negative outlooks are likely to go back to the same old solution they used so often in recent years: layoffs.
For its Cow Appreciation Day Friday, Chick-fil-A gave away free sandwiches to customers who come in wearing cow costumes. We talked with CEO Dan Cathy about a herd of other issues including rising food costs, industry trends, the economy and how his values affect the company's bottom line.
It's still raining in North Dakota, and the price of pasta, couscous and other grain-based products is going to raise significantly over the next year. And yes, these things are connected, because pasta has become as American as apple pie and the square dance (North Dakota's state dance, don't you...
Most of the media coverage about gas prices lately is focused on the fact that they've fallen from an average of $3.98 to $3.58 in about two months. What's rarely mentioned is that the cost per gallon is still 30% higher than it was this time last year, when a gallon cost $2.75.
While Chipotle's fresh Mexican fare has many fans in the U.S., the company has also been adding new restaurants in Europe and is looking at further expansion worldwide. It reported impressive first quarter numbers -- but will higher food costs put the brakes on its expansion plans?
After the losses of the past week, it seems hard to imagine that the S&P 500 has much further to decline. But the index took a fall to near 1,000 as recently as last July, and the issues that punished the markets then are looming over the economy again -- or perhaps, still.
The Shanghai Composite is as close to a proxy for public firms in China as investors can get, and indexes are believed to reflect where markets think a nation's economy is headed. So what does it mean that, despite China's white-hot growth, the Shanghai Composite has been seriously lagging the S&P 500?
McDonald's expects food costs to rise between 4% and 4.5% in the U.S. and Europe this year, which puts the fast food leader between a rock and a hard place: Leave prices the same, and profit margins suffer. Raise them, and cash-strapped customers may start foregoing their Big Macs.

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.11-0.08
-0.92%
127.06M
ALU
Alcatel-Lucent (ADR)
2.20+0.26
+13.40%
82.46M
PBR
Petroleo Brasileiro S.A. (ADR)
29.61-2.38
-7.44%
19.63M
GE
General Electric Company
18.84-0.29
-1.52%
18.58M

% Gainers

CIE
Cobalt International Energy
30.94 +7.04
+29.46%
10.42M
LNKD
LinkedIn Corp.
87.49 +11.10
+14.53%
5.78M
WNS
WNS (Holdings) Limited (ADR)
10.70 +1.30
+13.83%
2.46M
ALU
Alcatel-Lucent (ADR)
2.20 +0.26
+13.40%
82.46M

% Losers

OSG
Overseas Shipholding Group, Inc.
10.05-1.78
-15.05%
734,816
NBG-A
National Bank of Greece SA (ADR)
5.91-0.84
-12.44%
51,061
KV-A
K V Pharmaceutical Co. Class A
2.32-0.29
-11.11%
691,775
OC-B
Owens Corning (Warrant) 'B'
2.36-0.29
-10.94%
5,268
Newswire

Follow Us

Headlines From DailyFinance Partners

CNN Money
CNBC
Smart Money
Consumer Reports
Huffington Post
AOL Energy
AOL Jobs
Business News Personal Finance Investing Our Partners

DailyFinance Sitemap | Terms of Service | Privacy Policy | Trademarks | HELP | Advertise With Us

© Copyright 2012 AOL Inc. All Rights Reserved