Alex Kennedy
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Oil rises to near $92 as global equities rally
Jan 04, 2011 08:17 EST
Oil rises to near $92 in Europe as global stock market rally bolsters investor confidence. Oil prices rose to near $92 a barrel Tuesday, close to a two-year high, as a stock market rally to start 2011 boosted crude trader optimism.
Chinese move to cool economy weighs on markets
Dec 10, 2010 06:29 EST
World markets reined in by Chinese move to tighten lending, possibility of rate hike. World stock markets were mixed Friday as investors worried that China's decision to tighten lending by banks and a possible interest rate hike in coming days will weigh on global growth.
Patrick frustrated by results in 1st NASCAR season
Nov 17, 2010 18:08 EST
'Sadness and frustration' part of Danica Patrick's 1st NASCAR season. With a handshake as firm as a wrench, Danica Patrick greets a guest, then quickly takes a seat on the couch in her 18th-floor hotel suite.
Edwards makes it 2 straight with win at Phoenix
Nov 13, 2010 20:59 EST
Edwards rolls to dominating Nationwide victory over Harvick at Phoenix. Carl Edwards won the Nationwide Series race Saturday at Phoenix International Raceway, setting himself up for a big weekend for Roush-Fenway Racing.
World stocks fall ahead of US growth report, Fed
Oct 29, 2010 06:04 EDT
World stock markets slide ahead of US growth report, Fed stimulus measures. World stock markets fell Friday as investors expected the latest reading of U.S. economic growth to cement views that the Federal Reserve will provide further stimulus.
Higher pump prices may retreat soon
Oct 15, 2010 15:40 EDT
Pump prices, high for now, seen pulling back; oil settles lower on stronger dollar. There was good news and bad news in energy prices this week. While drivers paid more to fill their tanks than they did a year ago, some analysts think it shouldn't be long before gas is cheaper again.
Soft US data dents post-Bernanke hopes in markets
Oct 15, 2010 11:08 EDT
Soft US consumer confidence figures dents post-Bernanke optimism in markets. Weak U.S. consumer confidence figures hit stocks hard Friday after they had rallied earlier on comments from Federal Reserve chairman Ben Bernanke that the central bank stands ready to loosen monetary policy again to shore up the U.S. economy.
Oil prices fall as dollar strengthens
Oct 11, 2010 12:23 EDT
Oil slips as traders await this week's economic news and the dollar strengthens. Oil prices slipped Monday as the dollar strengthened and traders hunkered down ahead of some important economic news later this week.
Hanoi axes millennium fireworks after deadly blast
Oct 08, 2010 09:44 EDT
Vietnam cancels most fireworks for Hanoi's 1000th anniversary following blast that killed 4. Vietnam has canceled dozens of fireworks displays planned across the capital for Hanoi's 1000th anniversary celebration, two days after four people were killed in a pyrotechnics accident while preparing for the event, officials said Friday.
Pump prices may tick up slightly with rise in oil
Oct 01, 2010 16:18 EDT
Motorists may see pump prices tick up next week but increase should be short-lived. Drivers may pay a couple of cents more for gasoline once a three-day rally in oil prices works its way to the pump.
World stocks mostly higher on recovery hopes
Oct 01, 2010 12:31 EDT
World markets mostly higher as Chinese manufacturing picks up pace but US growth slows. World stock markets mostly rose Friday after economic data from the U.S. and China suggested the global recovery will continue, although at a moderate pace.
Pump prices likely to remain steady this fall
Sep 24, 2010 15:27 EDT
No gas pump surprises this fall: Prices should be steady barring hurricane in Gulf of Mexico. Fall likely will hold few surprises for drivers when they fill the tanks of their mini-vans, sedans and trucks. Retail gasoline prices have fallen steadily this week and are expected to continue down, barring a hurricane that disrupts Gulf of Mexico production or a significant shift in the economy.
Oil hovers above $75 amid mixed US economic data
Sep 24, 2010 08:22 EDT
Oil hovers above $75 in Europe on businesses' optimism in Germany, mixed US economic data. Oil prices hovered above $75 a barrel Friday as an unexpected rise in German business confidence helped to shore up sentiment amid ongoing concerns about the pace of the U.S. economic recovery.
Pump prices should dip with pipeline repaired
Sep 17, 2010 15:26 EDT
Motorists should pay less for gasoline now that Midwestern pipeline has been repaired. Motorists should pay less to fill their tanks now that repairs on a pipeline that delivers crude oil to Midwestern refineries are done.
Oil prices head higher on improved manufacturing
Sep 01, 2010 12:27 EDT
Oil prices climb as improvement in manufacturing eases fears about global recovery slowing. Oil prices sailed higher Wednesday as improvement in the manufacturing industry eased some fears about the strength of the global recovery.
Asia assesses prospects as world recovery stumbles
Aug 29, 2010 16:01 EDT
Booming Asia assesses prospects amid abrupt slowdown in global economic recovery. Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already set up a branch in China and plans one soon in the United States.
Asia assesses prospects as world recovery stumbles
Aug 29, 2010 01:21 EDT
Booming Asia assesses prospects amid abrupt slowdown in global economic recovery. Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already set up a branch in China and plans one soon in the United States.
Oil stuck below $76, gasoline prices slide lower
Aug 13, 2010 15:14 EDT
Oil prices slip again on more economic concerns; gasoline prices drop, could fall further. Gasoline prices are now a penny below where they were a week ago and could head lower after a retreat in oil prices over the past few days.
Weekend pump prices up a few cents
Aug 06, 2010 15:37 EDT
Shopping trips or vacations will cost a few pennies more this weekend thanks to oil rally. Motorists heading out for back-to-school shopping trips or a late-summer vacation will pay a few cents more for a gallon of gas this weekend.
Weekend pump prices up a few cents
Aug 06, 2010 13:11 EDT
Shopping trips or vacations will cost a few pennies more this weekend thanks to oil rally. Motorists heading out for back-to-school shopping trips or a late-summer vacation will pay a few cents more for a gallon of gas this weekend.
