Oil prices posted a 17-month high, nearing $84 a barrel Wednesday after President Obama announced his plans to open new areas to offshore drilling.
Oil prices were on track to post a new 2010 high Wednesday morning, but then fell after a higher-than-expected inventory report and the news that President Obama wants to open new areas to offshore drilling.
Oil prices were on track to post a new 2010 high Wednesday morning as investors look ahead to an announcement from President Obama about offshore drilling and a weekly inventory report.
The dollar dipped against major currencies on Wednesday after a disappointing report on private-sector payrolls.
The dollar was mixed in early trading Wednesday as investors awaited a report on private-sector payrolls.
Google’s search engine was down in China on Tuesday — a glitch the company initially said was due to its own technical error, but now claims was caused by the Chinese government’s Internet filtering.
Google’s search engine was down in China Tuesday, but the company said the disruption was due to its own technical error rather than an action by the Chinese government.
The dollar was mixed in a narrow range Tuesday as investors remained cautious ahead of the government’s monthly jobs report later this week.
So much for the luck of the Irish.
Oil prices soared Monday as Europe inched closer to a solution for Greece’s debt crisis, sending the dollar down against the euro in early morning trading.
For only the second time in recent history, a large, thriving, privately owned Chinese company has stepped up and stepped out — buying a big brand known the world over.
The dollar fell against major currencies Monday as the euro continued to strengthen on last week’s announcement that European Union leaders will aid debt-stricken Greece if necessary.
Chinese carmaker Zhejiang Geely Holding Group has purchased Volvo cars from U.S. auto giant Ford, the Swedish carmaker announced Sunday.
Oil prices ticked lower Friday amid volatile trading, as investors searched for clear signs that the global economic recovery will stick.
The dollar eased against the euro Friday after European Union leaders announced a plan to aid Greece if the debt-stricken nation needs to be rescued.
Oil prices ticked lower amid volatile trading, as investors seek clear signs that the global economic recovery will stick.
Is the United Kingdom in danger of being exiled to the island of misfit debtors?
German Chancellor Angela Merkel planned a news conference Friday after her victory in securing a bailout plan for Greece that involves funds from both Europe and the International Monetary Fund.
Oil prices fell Thursday as renewed doubts over Greece’s bail out plan overshadowed a positive jobs report.
The dollar rebounded Thursday following reports that European Central Bank president Jean-Claude Trichet has opposed a plan for the International Monetary Fund to provide support for Greece.
It turns out that Google isn’t the only U.S. tech company that’s fed up with China.
Oil prices rose Thursday after an upbeat jobs report eased fears of a jobless economic recovery, and signs of stability in Europe weakened the dollar.
The dollar softened against the euro and other major currencies Thursday as European Union leaders gathered in Brussels to discuss economic concerns.
The Dubai government announced plans Thursday to inject $9.5 billion in funding to help out its state-owned holding company, Dubai World.