Banking on an economic rebound and better times ahead, investors have pushed hard into US Steel (X) recently. Shares of the Pittsburgh-based company, which has a market capitalization of nearly $6 bi

The S&P 500 posted its best third quarter performance since the breakup of The Beatles but fell for a second successive week after the unemployment rate rose to a level last seen in 1983. Stocks

What a nasty day it was yesterday. My umbrella blew inside out and broke like a Popsicle stick and I ended up getting soaked. It looked like I just got out of the shower by the time I got to the offi

Investors feared a hangover after the recent run up in equities, especially since Anheuser-Busch InBev’s CEO rang yesterday’s opening bell, but they needn’t have worried. Indeed it&

The Rio Tinto (RTP) employee being held by Chinese authorities has been accused of espionage. According to the Wall Street Journal, Stern Hu, general manager of Rio’s iron-ore division in China

MT focusing on Emerging Economies ArcelorMittal (MT) CEO Lakshmi Mittal told steel executives in New York yesterday that his company is shifting its strategy to focus more on lower-cost developing co

Editor's Note: This post is by David Russell, of OptionMONSTER.After chalking up gains in steelmaker Arcelor Mittal (MT), at least 1 major institutional trader is locking in profits and bet

Steel Rebound?Steel is headed for a rebound next year. This according to ArcelorMittal’s (MT) Lakshmi Mittal, CEO of the world’s largest steelmaker. Mittal was quoted in a Bloomberg colum

If you’re looking for some dark humor these days, why not pick up Wall Street Journal reporter Robert Frank’s Richistan: A Journey Through the American Wealth Boom and the Lives of the Ne

Greetings from New York, where the notion that the new regime is “bullish for alternative energy” is, to be perfectly blunt, the silliest notion I've seen since last summer, when I got an