Stocks erased gains, turning lower Tuesday afternoon, after reports showing further erosion in consumer confidence and home prices rattled investors ahead of the latest interest-rate decision from the Federal Reserve.
Two prominent Democratic senators on Tuesday demanded that the Bush administration stop the Iraqi government from signing no-bid contracts with several U.S. and European energy companies to ramp-up the battered nation's oil fields.
Ramon Reyes had a problem. He could only get sound from one channel on his iPod video player. At first, he thought his ear-buds were busted. But he replaced them with a pricey new pair made by Sony, and it didn't make any difference.
Two U.S. senators asked the Bush administration Tuesday to stop the Iraqi government from signing imminent no-bid contracts with several U.S. and European oil companies, expressing concern about the distribution of royalties from the deal.
Stocks inched higher Tuesday afternoon, as investors scooped up banks and other shares hit in the recent decline. But gains were limited after reports showed plunging consumer confidence and home prices.
Fresh questions about Jobs' health revive an old dilemma: If the illustrious Apple CEO were to leave (for any reason), who could possibly fill his shoes?