Traders said oil’s gains on Thursday were largely driven by news that U.S. lawmakers appeared close to a final agreement on the massive bailout plan, a deal that could help the world’s largest energy-consuming nation avoid a deep recession that would cut deeply into fuel demand.
But the deal to rescue the faltering U.S. financial system [...]
Oil falls below $107
September 26th, 2008 · No Comments
Tags: Finance · Money · News · North America · Oil
Business owners face a cost spike
July 18th, 2008 · 2 Comments
(Fortune Small Business) — With commodity, fuel and insurance costs hitting record highs, small-business owners are anxious about next week’s federal minimum wage hike, which will require employers in 26 states and the District of Columbia to raise their base to at least $6.55.
Next week’s increase of the current $5.85/hour minimum wage is the second [...]
Tags: Business · Finance · News · North America