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Billionaire Warren Buffett is optimistic about the prospects for his company and the United States even though both remain mired in an economic mess…

While most investors panicked or were forced to sell, Berkshire Hathaway chairman Warren Buffett put more than $20 billion to work last year,…

SHARESTEL AVIVThe Tel Aviv-25 Index dropped to a three-year low, losing 24.71, or 3.3 percent, to 719.29 at the close in Tel Aviv. The measure headed…

Crude oil rose to a record above $118 a barrel on concern that a labor dispute in the UK and disruptions in Nigeria may crimp oil supply. Oil rose…

SHARESTEL AVIV-The Tel Aviv-25 Index rose for the first time in six days Monday, adding 2.78, or 0.3 percent, to 1,051.54 as 16 members gained and…

Venezuela is ready to cut off oil supplies to the United States if pressed into an "economic war," the country's oil minister said in an interview…

Venezuelan President Hugo Chavez's latest threat to cut off oil sales to the US produces tantalizing headlines and rattles some oil traders'…

SHARESWall StreetNew York stocks ended a volatile week with a late-day comeback Friday after investors set aside some concerns about the banking…

SHARESTEL AVIVIsraeli shares fell for the first time in four days Tuesday, led by Teva Pharmaceutical Industries Ltd., which dropped the most in…

SHARESWALL STREETUS stocks closed out a difficult week with a mixed finish Friday after the Federal Reserve injected billions of dollars into the…

Major international oil companies agreed to cede control of Venezuela's last privately run oil projects to President Hugo Chavez's government, but…

US stocks ended a lackluster week with a moderate decline Friday as higher oil prices weighed on investors' already rickety sentiment and Treasuries…

The Venezuelan government will take majority control of oil projects in the Orinoco River basin by May 1 and any foreign oil company that resists can…

MarketWatch: In-depth global business coverageEven as their coffers swell with cash, oil companies are warning that rising costs could crimp spending…

BP Plc is shutting Alaska's Prudhoe Bay oil field, the largest in the US, because of pipeline corrosion and a leak, cutting supplies to West Coast…