Archive for May 28th, 2008

Oil prices moved higher Wednesday despite a stronger dollar and signs that U.S. demand for oil products is waning in light of a slumping economy and record prices.

Read full story for latest details.

Read full story for latest details.

Read full story for latest details.

If the credit markets improve from here, expect it to take some time.

Only a few years ago, Americans who considered themselves middle class were scrimping to pay for their kids' college education.

Wall Street staged a late-session recovery Wednesday as investors set aside worries about rising oil prices and the threat of inflation and opted to scoop up select stocks.

Motorola's tailspin is looking more like a nose dive as the mobile phone maker's market share dips more than 50% below its 2006 level.

Banks say they want to help troubled homeowners, but they are delaying deals that could save everyone - including the lenders themselves - a lot of time and money.