Archive for May 7th, 2008
« Previous EntriesGeneral Dynamics names CEO’s successor
Wednesday, May 7th, 2008Read full story for latest details.
Senate Democrats seek to tax oil companies
Wednesday, May 7th, 2008Read full story for latest details.
Oil spikes, stocks tank
Wednesday, May 7th, 2008Stocks slumped Wednesday, with the Dow losing over 200 points, as oil prices crossed the $123 a barrel mark, giving investors a reason to pull back after the recent rally.
Oil hits record despite supply growth
Wednesday, May 7th, 2008Oil prices touched a new record Wednesday, spiking after an initial decline on a government report said crude and gasoline supplies were stronger than expected last week.
Housing-rescue bill: ‘Something for everyone’
Wednesday, May 7th, 2008The House on Wednesday will begin debate on a housing package that would let the government back loans for homeowners at risk of foreclosure - a move many Republicans have opposed and which the White House has threatened to veto.