Archive for July 31st, 2008

Exxon Mobil once again reported the largest quarterly profit in U.S. history Thursday, posting net income of $11.68 billion on revenue of $138 billion in the second quarter.

The economy, boosted by $90 billion in stimulus checks, grew at a faster pace in the spring but not as strongly as expected, the government reported Thursday.

The battered U.S. economy brought an oil rally to a halt Thursday, overshadowing a falling dollar and supply concerns.

Mortgage scammers took advantage of loopholes in New York State lending laws to defraud homeowners and lending institutions all over the state, according to a new report released Thursday.

Americans see big oil companies and overseas oil producers as the top culprits responsible for high gas prices, according to a poll released Thursday.

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Here's a shocker. We found out this morning that the economy stinks and that the stench began to emanate in the fourth quarter.