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Oil rises on hopes of avoiding 'fiscal cliff'

Submitted by Fox First at Ten on November 29th

NEW YORK (AP) - The price of oil rose Thursday on optimism that a deal to avert a so-called fiscal cliff will be reached before year's end and encouraging economic news. Negotiations still have a long way to go before a budget deal is reached. Treasury Secretary Timothy Geithner met with

At a Glance: Oil falls near $86 per barrel

Submitted by Fox First at Ten on November 28th

By By The Associated Press The price of oil fell Wednesday as traders looked for signs of progress in negotiations over U.S. budget issues. On the New York Mercantile Exchange: Benchmark crude fell 69 cents to finish at $86.49 per barrel. Heating oil fell less than a penny to end at $3.008 per

'Fiscal cliff' worries pressure oil prices

Submitted by Fox First at Ten on November 28th

By By SANDY SHOREAP Business Writer The price of oil fell Wednesday as traders looked for signs of progress in negotiations over U.S. budget issues. Benchmark oil dropped 69 cents to finish at $86.49 per barrel in New York. Earlier, the price was down nearly 2 percent. But much of the loss was

Oil below $87 after OECD cuts growth forecasts

Submitted by Fox First at Ten on November 28th

By PABLO GORONDIAssociated Press The price of oil fell below $87 a barrel Wednesday after the Organization for Economic Cooperation and Development cut its growth outlook for the U.S. and the 17 European Union countries that use the euro currency. By early afternoon in Europe, benchmark oil for

Oil slips after holiday sales data, Greece deal

Submitted by Fox First at Ten on November 27th

By The Associated Press Oil prices fell Tuesday as traders remained unsure whether positive U.S. economic news signals an increase in fuel demand. Traders weighed news that might have been expected to push oil prices higher. U.S. holiday spending and consumer confidence both rose. And

UN climate scientist: Sandy no coincidence

Submitted by Fox First at Ten on November 27th

By KARL RITTERAssociated Press DOHA, Qatar (AP) - Though it's tricky to link a single weather event to climate change, Hurricane Sandy was "probably not a coincidence" but an example of the extreme weather events that are likely to strike the U.S. more often as the world gets warmer, the U.

Oil prices up on brisk US retail sales, Greek deal

Submitted by Fox First at Ten on November 27th

By PABLO GORONDIAssociated Press The price of oil inched up closer to $88 a barrel Tuesday as investors were encouraged by robust retail sales in the U.S. ahead of the Christmas holiday and a deal in Europe to give Greece a new batch of bailout funds. By early afternoon in Europe, benchmark oil

Feds seize 132 domain names to stop knockoff sales

Submitted by Fox First at Ten on November 26th

By CAROLYN THOMPSONAssociated Press BUFFALO, N.Y. (AP) - More than 100 domain names were seized in an international crackdown on websites that sell counterfeit merchandise, federal authorities said Monday, just in time for the biggest online shopping day of the year. It was the third

Immigrants struggle to cope in Sandy's aftermath

Submitted by Fox First at Ten on November 24th

By CLAUDIA TORRENSAssociated Press NEW YORK (AP) - Superstorm Sandy plunged some immigrants living illegally in the U.S. into darkness and even deeper into the shadows. Some of those who need help to get temporary housing and food are afraid to come forward because they risk deportation. And

Excerpts from persistent Wis. protesters' songbook

Submitted by Fox First at Ten on November 24th

By The Associated Press A group of about 50 Wisconsin demonstrators has been singing protest songs inside the Madison Capitol every day at noon for almost two years. Their target is Republican Gov. Scott Walker, who pushed a law stripping public employees of certain labor rights. The