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Long: Expect painful public pension haircuts

Cate Long, one of the most respected voices writing about the pension crisis, warns some public-sector employees will be lucky to receive pension payments of 70 cents on the dollar.

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  1. Investment opportunities in the legalized marijuana business

    ArcView Group CEO Troy Dayton on investing in companies selling legalized marijuana.

  2. Oil falls below $92/barrel for the first time since June 3

    FBN’s Nicole Petallides with the latest on today’s market movers.

  3. How can investors profit from oil and gold?

    Lipow Oil Associates President Andy Lipow and RBC Capital Markets Global Futures V.P. George Gero on the outlook for oil and gold.

  4. Should investors avoid IPOs?

    James Advantage Funds CEO Barry James on the stocks to boost investors’ portfolios.

  5. Chevron 3Q Profit Down 5.8%, Misses Estimates

    Chevron (NYSE:CVX) said Friday its third-quarter earnings were down 5.8%, as lower refining margins dampened the company's downstream profits.The second largest U.S....

  6. ExxonMobil 3Q Profit Tops Street View

    ExxonMobil's (NYSE:XOM) third-quarter profit slipped 18% amid weaker refining margins that overshadowed exploration and production growth.Exxon reported a profit of ...

  7. Valero 3Q Net Tumbles 54% on Weaker Refining Margins

    Valero Energy (NYSE:VLO) said Tuesday its third-quarter profit fell 54%, as weaker refining margins and higher costs overshadowed revenue growth.The world's largest ...

  8. Valero Profit Drops On Lower Refining Margins

    Valero Energy Corp. on Tuesday reported third-quarter net income of $312 million, or 57 cents a share, versus $674 million, or $1.21 a share, in the same period a ye...

  9. No Fed tapering until at least March 2014?

    Stutland Volatility Group’s Luke Rahbari,’s James Ramelli and Cuttone & Co.’s Keith Bliss on the Federal Reserve and the outlook for the markets.

  10. Occidental Plans to Shed Assets

    Occidental Petroleum (NYSE:OXY) said Friday it plans to shed some of its assets and reduce its stake in Plains All-American Pipeline (NYSE:PAA), taking its first ste...

  11. Factbox: Infrastructure in and around Cushing, Oklahoma, oil hub

    Cushing, the world's largest oil storage hub, has always been critical for traders given its role as the delivery point of the U.S. benchmark oil futures.But focus o...

  12. Refiners Lead Among Energy Stocks Higher

    Energy stocks rose on Friday, poised to end the week up 0.5%. Top gainers included Tesoro Corp. , advancing 4.7%. A Tesoro pipeline in North Dakota ruptured, spillin...

  1. 16-year-old stock whiz kid shares market strategy

    Stockpick 101 founder Max Levin on his interest in stocks.

  2. Valero CEO Bill Klesse Stepping Down

    Valero Energy (NYSE:VLO) said Monday it is splitting the roles of chief executive and chairman, with CEO Bill Klesse planning to step down on May 1.Current chief ope...

  3. Obama Orders Higher Fuel Standards for Trucks

    President Barack Obama on Tuesday directed federal agencies to develop higher fuel standards for medium-sized and heavy trucks, another step in his efforts to slash ...

  4. Phillips 66: Lifting Crude Export Ban Good for Trade

    Lifting the U.S. ban on crude exports would give refiners more flexibility to run a variety of grades and help narrow the gaping U.S. trade deficit, a Phillips 66 of...

  5. Phillips 66: Lifting U.S. Crude Export Ban Good

    Lifting the U.S. ban on crude exports would give refiners more flexibility to run a variety of grades and help narrow the gaping U.S. trade deficit, a Phillips 66 (N...

  6. Stocks to watch this earnings season

    Thomson Reuters senior research analyst Sri Raman on his picks for the winners and losers this earnings season.

  7. Energizing the economy

    Advantage Funds CEO and president Barry James on the energy market.

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