Oil falls to 17-month low
October 29, 2008
The price of oil settled at its lowest level since May 29, 2007 Monday as investors worried that the global economy may not be […]
economics - Comments closed
Archive for 'economics'
The Fed’s next move is…
October 10, 2008
No one can suggest the Federal Reserve has been sitting on the sidelines in the current financial crisis.
Just this week the Fed moved to […]
economics - Comments closed
Hope. And a little fear.
October 6, 2008
It was a big week for the U.S. economy.
The stock market whipsawed. The jobless rate rose. Once-solid banks went under and Congress […]
economics - Comments closed
Global shares hit as banking crisis bites in Europe
September 29, 2008
European shares fell heavily on Monday as fallout from the credit crisis hit the region’s banking sector, forcing partial nationalization of two banks and […]
economics - Comments closed
Kentucky court OKs Peabody air permit
September 24, 2008
A long-running legal battle over Peabody Energy Corp.’s proposed coal-fired power plant in western Kentucky has taken a new twist after the state’s Court […]
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Oil unstable as traders gauge U.S. markets
September 20, 2008
NEW YORK – Oil prices were volatile today amid growing concerns about U.S. financial turmoil, first rising back above US$100 and falling back below […]
economics - Comments closed
Is AIG gamble enough to keep investors up at night?
September 18, 2008
WASHINGTON — American taxpayers awoke Wednesday to learn they may end up owning one of the world’s largest insurers. They might now lose some […]
economics - Comments closed
Third day of gas prices spikes
September 17, 2008
Gasoline prices continued to rise Monday.
Overnight, retail gasoline prices nationwide rose an average of about a nickel for a gallon of regular gasoline, […]
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GM sees Hummer sale by early
September 3, 2008
General Motors expects to sell its Hummer brand by the end of this year or early in 2009, as it shores up capital to […]
economics - Comments closed
GM had initial talks on Hummer with Deripaska
August 14, 2008
General Motors Corp (GM.N: Quote, Profile, Research, Stock Buzz) has had preliminary contact with Russian oligarch Oleg Deripaska on a possible sale of its […]
economics - Comments closed