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By Phil Flynn |
March 4, 2013
Oil prices are holding up better than you might think considering the negative mood out of China this morning. Psychological support for oil near the $90.00 a barrel area and the gap at $89.96 has bearish traders a bit concerned.
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By Kathleen M. Howley, Bloomberg |
February 28, 2013
U.S. spending cuts scheduled to kick in tomorrow will constrain the availability of Federal Housing Administration mortgages that account for about a quarter of originations, threatening its role in the year-long housing recovery.
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By Rich Nelson |
February 21, 2013
Although major winter storms are sweeping through hog and cattle country, trade and other issues are driving prices.
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By Nikolaj Gammeltoft and Sarah Pringle, Bloomberg |
February 20, 2013
U.S. benchmark stock indexes tumbled from five-year highs while oil, gold and silver led commodities lower as minutes from the Federal Reserve’s last meeting showed policy makers debated the risks and benefits of bond purchases.
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By Brian Womack, Bloomberg |
February 19, 2013
Google Inc., operator of the world’s largest Web-search engine, surpassed $800 for the first time as mobile computing bolsters growth.
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By Elizabeth Campbell, Bloomberg |
February 14, 2013
The worst U.S. drought since the 1930s is shrinking a cattle herd that’s already the smallest since 1952 and signaling tighter beef supplies and higher costs for restaurant owners.
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By Joe Carroll, Tim Catts and David Wethe, Bloomberg |
February 7, 2013
Deep-water oil exploration has been disrupted from the Gulf of Mexico to Brazil by the discovery of faulty bolts used in safety equipment less than three years after the worst-ever U.S. maritime crude spill.
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By Jim Efstathiou Jr., Bloomberg |
February 6, 2013
Drilling regulators directed offshore operators to halt work on some oil and gas wells in the U.S. Gulf of Mexico after discovering faulty bolts on equipment used to prevent blowouts.
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By Michelle Jamrisko, Bloomberg |
February 5, 2013
Service industries in the U.S. expanded in January at about the same pace as the prior month, showing the biggest part of the economy is holding up in the face of federal government budget battles.
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By Sholom Sanik |
January 30, 2013
Wheat prices have been in a precipitous decline since they brushed close to $10 per bushel highs back in August. Recent reports were mostly bullish.
