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Mark Brooks

TheAssocPress

Recent Articles by Mark Brooks

Jun 14, 2013 by Mark Brooks

European Growth Still on U.S. Agenda, Not as Loudly

Moreover, Obama arrives at the G-8 with Syria foremost on his mind.

Jun 13, 2013 by Mark Brooks

Oil Back Above $96; Gasoline Steady at $3.63

Benchmark oil for July delivery gained 81 cents to close at $96.69 a barrel on the New York Mercantile Exchange.

Jun 12, 2013 by Mark Brooks

Record Crop Forecast Sends Corn Prices Lower

The actively traded December contract for corn fell 13.25 cents, or 2.4 percent, to $5.375 a bushel.

Jun 12, 2013 by Mark Brooks

Oil Rises to $96, Reverses 2 Days of Losses

By midday in New York, benchmark oil for July delivery was up 48 cents to $95.86 a barrel. Oil lost a combined 65 cents a barrel Monday and Tuesday.

Jun 12, 2013 by Mark Brooks

U.S. Chief Executives More Optimistic About Hiring

The Business Roundtable says its April-June quarterly survey found 32 percent of its members expect to expand payrolls in the next six months.

Jun 12, 2013 by Mark Brooks

ECB Official Defends Bond Purchase Plan

The Federal Constitutional Court was holding a second day of hearings to weigh allegations that the ECB's plan to purchase government bonds amounted to financing for governments, which is illegal for the central bank.

Jun 11, 2013 by Mark Brooks

Metals, Energy Futures Fall; Crop Prices Rise

Gold for August delivery fell $9, or 0.6 percent, to $1,377 an ounce. Silver fell 27.9 cents, 1.3 percent, to $21.646 an ounce.

Jun 11, 2013 by Mark Brooks

FINRA Urges Awareness of Alternative Funds

The industry watchdog issued a new investor alert Tuesday that explains the unique characteristics and risks of these investments, which can carry much higher risk than some investors may realize at first glance.

Jun 11, 2013 by Mark Brooks

Oil Joins in Stock, Commodities Sell-Off

Benchmark oil for July delivery fell 39 cents to close at $94.68 per barrel on the New York Mercantile Exchange. Crude fell to $94.04 earlier in the day.

Jun 11, 2013 by Mark Brooks

Boehner Doesn't Buy White House Timetable on IRS

The White House says top officials, including chief of staff Denis McDonough, learned of an impending inspector general's report on the matter in late April. Obama has said he didn't learn about it until seeing news reports on May 10, the day the story broke.

Jun 11, 2013 by Mark Brooks

France Threatens Veto of EU-U.S. Trade Deal

The stakes are high because any deal could have major implications for global trade and could serve as a model for future deals.

Jun 11, 2013 by Mark Brooks

German Court Weighs Legality of ECB Crisis Measure

The Federal Constitutional Court in Karlsruhe is considering arguments against the ECB's program, which has been credited with easing turmoil in bond markets in the 17-country eurozone but which some say oversteps the ECB's mandate.

Jun 10, 2013 by Mark Brooks

Obama Nominates Furman as Top Economic Adviser

If confirmed by the Senate he would replace Alan Krueger, who is returning to his teaching post at Princeton University.

Jun 10, 2013 by Mark Brooks

Metals Futures End Mostly Higher; Energy Slips

The actively traded gold contract for August delivery edged up $3 to settle at $1,386 an ounce.

Jun 10, 2013 by Mark Brooks

Oil Down Slightly, Market Awaits Demand Outlook

Benchmark oil for July delivery fell 26 cents to close at $95.77 per barrel on the New York Mercantile Exchange.

Jun 10, 2013 by Mark Brooks

Greek Gas Sale Deflates Amid New EU-IMF Inspection

The news, announced as a delegation from Greece's international creditors returned to Athens for a new round of inspections, hammered stocks in Greece, with the main index closing 4.7 percent lower.

Jun 10, 2013 by Mark Brooks

Music Service, Mobile Software Expected From Apple

Apple software head Craig Federighi says the next version of Mac OS X will be called "Mavericks," after an undersea rock formation that produces big waves near Half Moon Bay, Calif.

Jun 10, 2013 by Mark Brooks

Cleanup Work After BP Oil Spill Ends in 3 States

The London-based oil giant said the Coast Guard has concluded "active cleanup operations" in Mississippi, Alabama, and Florida, but the work continues along 84 miles of Louisiana's shoreline.

Jun 10, 2013 by Mark Brooks

Obama Observes 50th Anniversary of Equal Pay Act

The event's focus on women's pay comes during a week when Obama is paying special attention to Democratic constituent groups.

Jun 10, 2013 by Mark Brooks

ECB Defends Bond Program Before German Hearing

Germany's Federal Constitutional Court, the country's highest, holds a two-day hearing starting Tuesday centering partly on the ECB's offer last September to purchase unlimited amounts of government bonds, a policy that has been widely credited for an easing in Europe's debt crisis.

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