Dec 14, 2012 by Mark BrooksOil Gains on Positive U.S., China Factory DataThe national average for gas is now $3.29 a gallon after dropping a penny overnight.
Dec 14, 2012 by Mark BrooksEuro Soars to 7-Month High Against DollarTraders are also selling the dollar after a report showed that U.S. inflation is mild.
Dec 14, 2012 by Mark BrooksChina, S. Africa Ban Beef Imports From Brazil on Mad-Cow FearsBrazil says there is no risk to public health or animal sanitary safety.
Dec 14, 2012 by Mark BrooksCould More Modest Fiscal Cliff Bargain Go Forward?Extending current tax rates for most Americans, raising rates for top earners, leaving other issues for the new year.
Dec 13, 2012 by Mark BrooksGold Falls on Uncertainty Over U.S. Budget TalksGold for February delivery dropped $21.10 to finish Thursday at $1,696.80 per ounce.
Dec 13, 2012 by Mark BrooksUnion: CEO Makes Case for Independent American AirlinesThe union says its board will meet with US Airways' top two executives next week.
Dec 13, 2012 by Mark BrooksDollar Flat Against Euro After Fed AnnouncementThe Fed also said Wednesday it will keep spending $85 billion a month on bond purchases to drive down long-term borrowing costs and stimulate economic growth..
Dec 13, 2012 by Mark BrooksS&P Puts Britain's AAA Rating on Negative WatchS&P said Thursday that it believed that many of the factors that have held back UK economic growth will persist.
Dec 13, 2012 by Mark BrooksObama: Fiscal Cliff Deal Is "Work in Progress"Asked about House Speaker John Boehner's assertion that he was waiting to hear more from the president, Obama said only, "Merry Christmas."
Dec 13, 2012 by Mark BrooksTop Central Banks Extend Dollar-Lending ProgramThursday's move renews for a year a program that was expanded in November 2011 in response to Europe's debt crisis.
Dec 13, 2012 by Mark BrooksBoehner: Obama Resists Curbing Federal Spending Boehner said the White House is demanding too little in spending savings and too much in fresh spending on programs designed to stimulate the economy.
Dec 13, 2012 by Mark BrooksEU Backs Banking Supervisor, Greece BailoutThe measures, approved by European finance ministers, ended weeks of haggling over ways to deal with the three-year financial crisis.
Dec 13, 2012 by Mark BrooksApple, E-Book Publishers, EU Find Competition DealThe decision reached Thursday is legally binding on Hachette Livre; Harper Collins; Simon & Schuster; and Verlagsgruppe Georg von Holtzbrinck, which owns Macmillan.
Dec 13, 2012 by Mark BrooksOil Slips on Impasse in U.S. Budget TalksBenchmark crude is down 12 cents to $86.65 a barrel in morning trading Thursday in New York.
Dec 12, 2012 by Mark BrooksU.S. Budget Deficit Reaches $172 Billion in NovemberThe budget gap rose to $172 billion in November, up from $120 billion in October, the Treasury Department said Wednesday.
Dec 12, 2012 by Mark BrooksBernanke Says Fiscal Cliff Already Hurting EconomyThe steep tax increases and spending cuts can be avoided with a successful budget deal, Bernanke said during a news conference after the Fed's final meeting of the year.
Dec 12, 2012 by Mark BrooksPrices Up for Gold, Oil, Orange JuiceFrozen orange juice concentrate for January delivery rose 3.2 percent to finish Wednesday at $1.341 per pound.
Dec 12, 2012 by Mark BrooksBoehner: "Serious Differences" Remain in TalksBoehner's comments came as top Democrats pushed back on GOP demands for tough steps such as raising the Medicare eligibility age and curbing the cost-of-living adjustment for Social Security.
Dec 12, 2012 by Mark BrooksDeutsche Bank: Co-CEO, CFO Part of Tax ProbeThe bank said Wednesday Fitschen and Krause are being investigated because they signed off on the company's 2009 tax declaration.
Dec 12, 2012 by Mark BrooksDollar Sinks After Fed Plans More Bond PurchasesThe Fed's plans imply a long period of low rates in the U.S., a key factor in keeping the value of the dollar low against other currencies that carry higher rates, such as the euro.
