| U.S. Economy Headlines |
| Oil falls as options expire; gas prices rise
(AP)
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| AP - Oil futures ended a whipsaw session slightly lower Thursday as the expiration of options played havoc with prices, driving crude near record high levels at times and down by more than $3 a barrel at others. Retail gas prices, meanwhile, advanced past $3.77 a gallon.
-- read full article |
| Thu, 15 May 2008 19:51:45 GMT - Yahoo! News: Economy News |
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| Industrial output falls, second time in 3 months
(AP)
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| AP - Industrial output plunged in April as factories making everything from autos to heavy machinery felt the adverse effects of the weak economy. Analysts held out hope that production will revive in the second half of the year, helped by the government's economic stimulus checks.
-- read full article |
| Thu, 15 May 2008 22:58:50 GMT - Yahoo! News: Economy News |
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| Euro, pound, yen higher against dollar
(AP)
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| AP - The euro traded slightly higher against the U.S. dollar Friday after data showed a drop in U.S. industrial production and unexpectedly strong first-quarter economic growth in Germany. -- read full article |
| Fri, 16 May 2008 09:19:50 GMT - Yahoo! News: Economy News |
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| Pimco: Tricky for Fed to fix economy bind
(Reuters)
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| Reuters - Bond fund leader Pimco's Mohamed
El-Erian on Wednesday said the Federal Reserve's monetary
policy may not help the economy to escape a severe recession
caused by falling home values and rapidly rising consumer
prices. -- read full article |
| Wed, 14 May 2008 19:22:42 GMT - Yahoo! News: Economy News |
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| Oil prices climb on reserve report
(AP)
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| AP - Oil climbed toward the $125-a-barrel mark Thursday after the U.S. government issued a mixed report on the country's petroleum reserves and the U.S. greenback weakened against other key currencies.
-- read full article |
| Thu, 15 May 2008 11:08:49 GMT - Yahoo! News: Economy News |
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