Gas prices fell back, yet again, marking the sixth straight decline, according to a nationwide survey of credit card swipes at gasoline stations.
The average price of unleaded regular dropped 1.3 cents to $3.726 a gallon, from $3.739 a gallon, according to the survey released Tuesday by motorist group AAA. While prices have now dropped [...]
Gas prices Takes a breath
September 23rd, 2008 · No Comments
Tags: Business · International · Money · North America
Wall Street on Alert
September 15th, 2008 · No Comments
Wall Street remained on alert late Sunday as hopes for a buyout of beleaguered Lehman Brothers faded and following extensive efforts by both executives and regulators to stave off a broader financial crisis.
As the weekend drew to a close, the Federal Reserve announced plans to expand its lending to the banking industry in an effort [...]
Tags: Business · Finance · Money · News · North America
Phoenix dollar… Finally?
September 13th, 2008 · 4 Comments
After six years of steady decline, the U.S. currency is on a major upswing, fueled by fears of a global recession and a meltdown in financial markets.
The New York dollar index, a measure of the dollar’s value against the currencies of major trading partners, is up 14% off an all-time low set in the Bear [...]
Tags: Business · Finance · News · North America