Oil prices hovered below $82 a barrel Wednesday in Asia after a report showed U.S. crude supplies fell more than expected last week.
Archive for the 'World Economy & News' Category
President Barack Obama is prodding House and Senate Democrats to get him a final health care bill as soon as possible, encouraging them to bypass the usual negotiations between the two chambers in the interest of speed.
It’s the Christmas time and there will be a lot of spending on gift items, parties and vacations. In these tough times, every single penny that you can save matters. Many insurance providers are likely to throw away money on in-store insurance policies that offer the same cover as their home insurance.
According to the recent [...]
U.S. consumers and businesses are filing for bankruptcy at a pace that made 2009 the seventh-worst year on record, with more than 1.4 million petitions submitted.
Some airlines are keeping their New Year’s resolution to raise fares. FareCompare.com, a fare-tracking Web site, says United Airlines added as much as $10 round-trip to U.S. fares. Most of the increases United filed on Wednesday were $6 round-trip.
Dubai is set to open the world’s tallest building amid tight security on Monday, celebrating the tower as a bold feat on the world stage despite the city state’s shaky financial footing.
The Transportation Security Administration says passengers flying into the United States from certain countries will be subject to enhanced screening techniques, such as body scans and pat-downs.
Cash-strapped communities have a message for corporations that promised jobs in return for tax breaks: A deal’s a deal. As the economy sputters along, municipalities struggling to fix roads, fund schools and pay bills increasingly are rescinding tax abatements to companies that don’t hire enough workers, that lay them off or that close up shop.
Many questions remain for cable TV viewers nationwide even after Fox and Time Warner Cable settled their noisy spat with a New Year’s Day agreement.
The Fox television network and Time Warner Cable reached a programming deal in principle on Friday, after leaving millions of people in the lurch about whether they’d be able to see an anticipated college football bowl game and other shows on cable TV.
On a strip of California’s Mojave Desert, two dozen rare tortoises could stand in the way of a sprawling solar-energy complex in a case that highlights mounting tensions between wilderness conservation and the nation’s quest for cleaner power.
Wisconsin farmer Butch Weege has never met Sun Dan, a 34-year-old makeup artist who lives in Beijing, but his business depends largely on affluent Chinese like her who take ginseng grown in his state to cope with their hectic urban lives.
Fox television’s threatened blackout was avoided just before a midnight Thursday deadline when the network struck a deal with Time Warner Cable to briefly extend their contract as fee negotiations between the two companies continued.
Mortgage rates rose for the fourth straight week, ending the year above 5 percent. The average fixed rate on a 30-year mortgage was 5.14 percent this week, up from 5.05 percent last week, Freddie Mac said Thursday.
AT&T Inc. said Thursday it would no longer sponsor Tiger Woods, joining Accenture and Gillette in dropping support for the golfer after numerous allegations of infidelities.