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A collection of news and information related to Economy published by Tribune Company sources.
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899 items on Economy
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Big drop in existing home sales sends stocks lower
AP Business WriterWall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's recent optimism. The major indexes fell about 2...Tags: Merrill Lynch & Company Inc., Financial Markets, Philosophy, Lilly Eli & Co, Stock Activities
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Oil-trading group accused
The Associated PressFederal regulators accused a Dutch trading firm, its chief executive and two other top employees Thursday of manipulating energy futures contracts on the New York Mercantile Exchange. The U.S. Commodity Futures Trading Commission alleged Optiver...Tags: Diesel Fuel, Management Change, Petroleum Industry, Derivative Securities, Kerosene
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Oil, corn prices take a break
Associated PressOnly a month ago, sizzling commodities prices seemed destined to soar higher with record-breaking rallies in crude oil and corn. But now the boom appears to be taking a breather, cooled by a weakening economy and more temperate weather. In just seven...Tags: Ethanol, Floods, Petroleum Industry, Prices, Natural Disasters
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Crude below $125 for first time since June
Oil prices shed nearly $4 Wednesday, tumbling below $125 a barrel for the first time since June on growing fears that high prices and the weak economy are destroying demand. Light, sweet crude for September delivery dropped $3.98 to settle at $124.44 a...Tags: Wright Express Corporation, Petroleum Industry, New York Mercantile Exchange, Commodity Markets, AAA
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Motorists get relief at pumps, as oil prices slip
tom.incantalupo@newsday.comMotorists are getting a bit of relief at the gas pumps, as prices slip amid reduced demand, higher gasoline supplies and a decline in crude oil futures. Some experts think crude oil and gasoline prices will decline further in coming weeks, barring supply...Tags: Government, Petroleum Industry, AAA, Natural Disasters, Disasters
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After 20 years of unity, Chile's political divisions are beginning to gape
If a political party stays in power for too long, it begins to lose popularity and starts to show divisions in its midst, even if it has governed well. Take Chile for example. Twenty years ago political parties on the center and left united to form a...Tags: Government, Parties and Movements, Elections, Local Elections, Economic Policy
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Don't fall for nuclear power
While the presidential hopefuls trade barbs and accuse each other of flip- flopping, they agree with President Bush on their enthusiastic support for nuclear power. Sen. John McCain has called for 100 new nuclear power plants. Sen. Barack Obama, in a...Tags: Government, George Bush, Barack Obama, Elections, Entergy Corporation
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Oil Prices Lowest Since Early June
Oil prices shed nearly $4 Wednesday, tumbling below $125 a barrel for the first time since early June on growing fears that high prices and the weak economy are destroying demand. Light, sweet crude for September delivery dropped $3.98, to settle at...Tags: Government, Weather Reports, Petroleum Industry, Federal Reserve, Prices
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IN BRIEF
Stocks advanced for the second straight session yesterday as another decline in oil prices and several upbeat profit reports eased some of Wall Street's concerns about the economy. Crude has retreated as oil investors have worried that high prices and a...Tags: McDonald's Corp., Sales, Petroleum Industry, Automotive Equipment, General Motors Corp.
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Stock futures mixed ahead of housing data
Associated PressWall Street headed for a mixed open Thursday as investors eyed the release of key data on the troubled housing market and sifted through another stream of earnings reports. A fresh reading on sales of existing homes will likely show sales resumed their...Tags: Financial Markets, American Express Company, Prices, Earnings, Stock Activities
Jul 24, 2008
|Story| Associated Press
Jul 24, 2008
|Story| South Florida Sun-Sentinel
Jul 24, 2008
|Story| Baltimore Sun
Jul 24, 2008
|Story| Hampton Roads Daily Press
Jul 23, 2008
|Story| Newsday
Jul 24, 2008
|Column| South Florida Sun-Sentinel
Jul 24, 2008
|Story| Hampton Roads Daily Press
Jul 24, 2008
|Story| Associated Press
Jul 24, 2008
|Story| Newsday
Jul 24, 2008
|Story| Chicago Tribune
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