Markets
-
Crude falls after hitting new record above $126
May 11, 2008 11:00 pm - NEW YORK -- Oil prices briefly spiked to a new record above $126 a barrel Monday but ended the day lower as investors cashed in profits and an earthquake in China raised...
-
Wall Street looks to consumers for direction
May 11, 2008 11:00 pm - NEW YORK -- With millions of stimulus checks going out to taxpayers, Wall Street wants to know where that money will be spent -- and this week's data could help investor...
-
Stocks advance as oil falls, dollar advances
May 11, 2008 11:00 pm - NEW YORK -- Wall Street rallied Monday as oil prices, supported by a stronger dollar, fell back and alleviated some of investors' concerns about accelerating inflation. ...
-
Losses at insurer AIG rattles Wall Street investors
May 09, 2008 11:00 pm - NEW YORK -- Wall Street ended the week with a big decline as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market...
-
Stocks decline as AIG reveals need for cash, oil surges
May 08, 2008 11:00 pm - NEW YORK -- Wall Street retreated Friday as investors contended with wider-than-expected losses at insurer American International Group Inc. and another worrisome spike ...
-
Gas jumps nearly 3 cents to record; oil crosses $124
May 07, 2008 11:00 pm - NEW YORK -- Gasoline and crude oil jumped to new records Thursday, with gas rising 3 cents to an average national price of nearly $3.65 a gallon and oil crossing $124 a ...
-
Stocks rise modestly even as oil extends record high run
May 07, 2008 11:00 pm - NEW YORK -- Wall Street closed a quiet session with a moderate advance Thursday, with energy and other commodities companies leading the market as oil prices extended th...
-
Rates on 30-year mortgages edge down slightly
May 07, 2008 11:00 pm - WASHINGTON -- Rates on 30-year mortgages edged down slightly this week, but remained above 6 percent for the third straight week. Mortgage giant Freddie Mac reported Thu...
-
Fed auctions $28.77B in Treasurys to ease credit problems
May 07, 2008 11:00 pm - WASHINGTON -- The Federal Reserve has auctioned $28.77 billion in safe Treasury securities to big investment firms, part of an ongoing effort to ease credit problems. Th...
-
Oil waffles on mixed government inventory report
May 06, 2008 11:00 pm - NEW YORK -- Oil futures rose to a new record Wednesday, then seesawed after the Energy Department offered a mixed picture of the nation's petroleum supplies. At the pump...