NEW YORK (AP) - The nation's natural gas supplies fell last week, the government said Thursday.
The Energy Department's Energy Information Administration reported that natural gas in storage shrank by 82 billion cubic feet to 3.724 trillion cubic feet for the week ended Dec. 14.
By The Associated Press
NEW YORK (AP) - Oil closed above $90 a barrel for the first time in two months Thursday as it tracked an upward move in U.S. stock markets.
Benchmark crude for February delivery ended the day at $90.13 per barrel, up 15 cents, on the New York Mercantile Exchange.
By JUERGEN BAETZAssociated Press
BERLIN (AP) - The International Monetary Fund urged the European Union Thursday to step up its efforts to stabilize the bloc's financial system by swiftly moving toward a fully integrated banking sector.
The 27-country group still faces great challenges "with
By CHRISTINA REXRODEAP Business Writer
NEW YORK (AP) - The stock market ended higher Thursday after flipping between small gains and losses throughout the morning. Uncertainty about the "fiscal cliff," just days away, was top of mind for many traders.
The Republican-controlled House pushed ahead
By The Associated Press
DETROIT (AP) - The Toyota Camry, the best-selling car in the U.S., performed poorly this year in a new crash test and failed to get the best safety rating from an insurance industry group.
The Insurance Institute for Highway Safety gave the Camry a "Poor" rating on a test
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - U.S. sales of previously occupied homes jumped to their highest level in three years last month, bolstered by steady job gains and record-low mortgage rates. The report was the latest sign of a sustained recovery in the housing market.
MILAN (AP) - Prosecutors on Thursday demanded a one-year jail sentence for former Premier Silvio Berlusconi for his alleged role in the publication of wiretap transcripts in a newspaper owned by his media empire.
Prosecutor Maurizio Romanelli made the request as the trial of Berlusconi and his
By ALEX VEIGAAP Business Writer
LOS ANGELES (AP) - Discover Financial Services on Thursday reported higher earnings for its fiscal fourth quarter, as users of its namesake credit card stepped up purchases and the company wrote off fewer unpaid balances.
Even so, the Riverwoods, Ill.-based company
By STEVE ROTHWELLAP Business Writer
NEW YORK (AP) - The Big Board just isn't so big anymore.
In a deal that highlights the dwindling stature of what was once a centerpiece of capitalism, the New York Stock Exchange is being sold to a little-known rival for $8 billion - $3 billion less than it
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - The U.S. economy grew at an annual rate of 3.1 percent over the summer as exports increased, consumers spent more and state and local governments added to growth for the first time in three years. But the economy is likely slowing in the