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BBC News
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Oil prices hit a record high above $135 a barrel on Thursday, having rocketed by more than $4 a barrel on Wednesday.
US light, sweet crude for July delivery reached $135.09, taking its gain for the year so far above 40%.
The main driver was the US c..
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MSNBC
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With two of the three presidential candidates proposing a gasoline tax “holiday,” some readers are wondering: Why can’t the government do more to cut gas prices?
If the feds can help with cutting interest rates why can't they do something that re..
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CNN
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The dollar sank to an all-time low against the euro Wednesday with U.S. inflation coming in three times as high as expected in March, on top of escalating food and energy prices. Inflation also rose overseas and the euro reached $1.5966 after the EU's sta..
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BusinessWeek
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High gas prices and the housing bust combine to drive pickup truck sales down to their second lowest level since 2000
By any measure, March was a lousy month for the car business. But for Detroit, it was truly dreadful.
Pickup trucks are taking a re..
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CNN
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Oil prices are at an all new trading high, reflecting an anemic dollar that continues to plunge. Light, sweet crude for April delivery has surged to $109.20 in midday European electronic trading on the New York Mercantile Exchange before falling back to $..
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CNN
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Oil prices briefly surpassed $103 a barrel for the first time Friday as persistent weakness in the U.S. dollar and the prospect of lower interest rates attracted fresh money to the oil market. Light, sweet crude for April delivery on the New York Mercanti..
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BusinessWeek
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A surge in commodity prices derailed the market's advance Tuesday and raised fresh questions about the economy's health
Equity investors may have been able to shrug off more problems in the banking sector Tuesday, but a spike in oil prices to $100 per..
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MSNBC
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Wal-Mart Stores Inc., the world’s largest retailer, said Tuesday its focus on low prices paid off with a 4 percent rise in profit for its fourth quarter. International growth also helped boost profit and sales.
Wal-Mart said net income in the quarter..
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CNN
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French oil giant Total said Wednesday net profit for the fourth quarter of 2007 rose 62 percent as oil prices surged and new projects in Angola and Qatar boosted production. The world's fourth-largest oil and gas company said net profit rose to €3.6 bil..
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BusinessWeek
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Why home prices could drop 25% more on average before the market finally hits bottom
As Washington policymakers struggle to keep the U.S. out of recession, the swirling confusion over the housing market is making their job a lot tougher. Will American..
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MSNBC
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Which is worse: Recession or inflation?
Those two economic ills, the Federal Reserve’s primary concerns, call for opposite policies. Despite recent inflation pressure from higher food and energy prices, Federal Reserve Chairman Ben Bernanke said Thur..
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CNN
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Oil prices were little-changed Friday as the market turned its attention to OPEC for signals on whether the cartel will raise production to ease record prices. Light, sweet crude for January delivery added 14 cents to $97.43 a barrel in electronic trading..
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BusinessWeek
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Analysts say that if speculators flee the market en masse, prices could drop even more quickly than they've risen
Oil prices are soaring. Having jumped 40% since August, crude prices hit another historic high on Nov. 6, rising to $96.70 a barrel. The f..
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CNN
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NEW YORK (CNNMoney.com) -- Oil prices set another record high Tuesday, jumping over $2 on fears of dwindling supplies in the United States, projections for strong worldwide demand and a falling U.S. dollar.
A suicide bombing in Afghanistan that killed..
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BBC News
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Oil prices have continued their unremitting climb, passing the $96 a barrel mark after figures showed a surprise fall in US crude reserves.
US light crude rose as high as $96.24 in Asian trading on Thursday morning before falling back to $96.05.
Tra..
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MSNBC
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Oil prices surged more than $1 a barrel to new intraday highs Tuesday on fears Turkey will pursue Kurdish rebels into Iraq and disrupt oil supplies in the region.
A weak U.S. dollar, low U.S. crude inventories and increased buying by investment funds a..
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Guardian Unlimited
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America's thirst for environmentally friendly biofuels is driving up food prices around the world as farmers scramble to devote more land to corn, writes Heather Stewart.
With the oil price back above $70 a barrel, biofuel looks increasingly attractive..
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CNN
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With gas prices near record highs, experts say $4-a-gallon gasoline is just around the corner.
"I think it's going to happen," said Phil Flynn, a senior market analyst at Alaron Trading in Chicago. "Unless things change dramatically, I think we're goin..
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Market Watch
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U.S. home prices continued to fall in February, with prices down 1.5% in 10 major cities compared with a year ago, according to the S&P/Case-Shiller home price index released Tuesday.
Home prices depreciated year-over-year for the second straight month..
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BusinessWeek
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The retailer's holiday decision to slash prices on flat-panel sets—selling one for less than $1,000—proved disastrous for electronics stores.
Last "Black Friday," for its annual post-Thanksgiving sales blitz, Wal-Mart Stores (WMT) decided to slash..
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