| U.S. Economy Headlines |
| Oil prices drop as dollar strengthens
(AP)
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| AP - Oil prices fell Thursday as the dollar moved higher and forced crude to lose some of its appeal as a hedge against inflation. Gas prices reached another record at the pump, rising to a national average of $4.06 a gallon, and are likely to keep rising.
-- read full article |
| Thu, 12 Jun 2008 18:05:21 GMT - Yahoo! News: Economy News |
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| Strong retail sales boosted by rebate checks
(Reuters)
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| Reuters - Cash from government stimulus checks
helped push U.S. retail sales up at twice the rate expected in
May but the strength could be fleeting as households contend
with soaring prices and the worst housing slump in decades.
-- read full article |
| Thu, 12 Jun 2008 18:33:45 GMT - Yahoo! News: Economy News |
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| Oil soars on dollar, Energy Department report
(AP)
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| AP - Oil prices regained their stunning upward momentum Wednesday, rising as crude's biggest drivers a weak dollar and supply concerns brought buyers back in force. At the pump, gas prices rose to a new record over $4.05 a gallon.
-- read full article |
| Wed, 11 Jun 2008 20:02:41 GMT - Yahoo! News: Economy News |
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| IBD's Top 10 - Wednesday
(Investor's Business Daily)
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| Investor's Business Daily - 1 A 4th week of steep drawdowns to U.S. crude inventories stirred supply fears and pushed the July crude contract up $5.07 to $136.38. Oil supplies have fallen 23 mil barrels in the past month. China's May oil imports shot up 25%. The dollar added to the price jump, falling after 2 days of gains vs. the euro. -- read full article |
| Wed, 11 Jun 2008 22:54:15 GMT - Yahoo! News: Economy News |
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| Prosperity varies from U.S. city to city: think tank
(Reuters)
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| Reuters - Large U.S. cities are economically
strong -- generating 75 percent of the country's gross domestic
product -- but only one-fifth enjoy a mix of healthy
productivity, narrow wage inequality and environmental
sustainability, according to a survey released on Thursday.
-- read full article |
| Thu, 12 Jun 2008 05:32:31 GMT - Yahoo! News: Economy News |
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| Oil soars on dollar, Energy Department report
(AP)
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| AP - Oil prices regained their stunning upward momentum Wednesday, soaring as crude's biggest drivers a weak dollar and supply concerns brought buyers back in force. At the pump, gas prices rose to a new record over $4.05 a gallon.
-- read full article |
| Wed, 11 Jun 2008 18:05:45 GMT - Yahoo! News: Economy News |
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