Gas prices are expected to keep up their record rise this spring, soaring well past $4 a gallon in some areas. Now Congress wants to know what to do about it.
Stocks tumbled Wednesday afternoon after oil prices hit a record above $123 a barrel and Cisco issued a conservative outlook, giving investors a reason to pause after the recent run up.
Oil 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.
Oil 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.
Gas prices are expected to keep up their record rise this spring, soaring well past $4 a gallon in some areas. Now Congress wants to know what to do about it.
The Federal Reserve bears much of the responsibility for keeping the nation's economy on track but few Americans are fully convinced that the central bank can improve the country's financial situation.
A significant drop in volume of imported retail goods into the United States is providing fresh evidence that a slowing economy has pinched American consumers' ability to shop freely, according to an industry report Wednesday.
Oil 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.