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Nov 16, 2007
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Category:
Latest News
Crude prices climb back above $125 a barrel
Oil prices continued to rise Friday after a whipsaw overnight session that paired the expiration of options with a bevy of news that swung the price of oil per barrel in a $6 range.
Housing starts post surprising rebound
Construction of new homes posted the biggest increase in more than two years in April, a rare bit of good news in what has been the worst downturn in housing in more than two decades.
Some see oil bubble; others see trouble
Many analysts believe current record oil prices are a result of speculation and are certain to head lower. But others say they see no reason to expect a price crash.
Stocks end day higher despite downbeat data
Wall Street ended trading modestly higher Thursday after a batch of reports pointed to an economy that is hurting, but not experiencing as rough a time as many investors expected.
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