Archive for July 25th, 2008

Oil prices sank Friday, settling down more than $5 for the week, after two stronger-than-expected economic reports calmed nervous investors. Lingering concerns over a drop in demand also pressured prices lower.

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Wall Street endured a choppy session Friday, but finished higher as encouraging economic indicators outweighed investors' fears about financials.

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Residents of these 25 towns typically get to work in 11 minutes or less.

A key House committee was set to grill home lenders and housing advocates on Friday about mortgage industry efforts to work out affordable loans for troubled homeowners.

CNN's Gerri Willis answers viewer's questions on credit unions, bankruptcy and unused scholarships.

Foreclosures continue to soar, with 220,000 homes lost to bank repossessions in the second quarter of this year, according to the latest statistics from RealtyTrac, an online marketer of foreclosed homes. That's nearly triple the number from the same period in 2007.