By The Associated Press
The price of oil closed at its highest point in nearly a month Monday on rising concern about the Middle East and less worry about the U.S. "fiscal cliff."
On the New York Mercantile Exchange:
Benchmark crude rose $2.36, or 2.7 percent, to finish at $89.28 per barrel in
By CANDICE CHOIAP Food Industry Writer
WHITE PLAINS, N.Y. (AP) - Twinkies will live to see another day.
Hostess Brands Inc. and its second largest union agreed on Monday to try to resolve their differences after a bankruptcy court judge noted that the parties hadn't gone through the
NEW YORK (AP) - Federal labor officials said Monday that they will decide quickly whether to support a request by Wal-Mart Stores Inc. to stop a union-backed group from encouraging worker walk-outs at hundreds of stores on Friday, the traditional start of the holiday shopping season.
NEW YORK (AP) - The homebuilding sector traded higher Monday on new evidence of a broad recovery in the real estate market.
Low mortgages, a limited supply of homes and higher prices, which are encouraging more people to list their homes, are all contributing to a recovery, albeit a slow recovery
LISBON, Portugal (AP) - Portugal has passed the latest test of its compliance with the terms of its €78 billion ($100 billion) bailout, meaning it qualifies to get the next installment of its rescue loans.
Finance Minister Vitor Gaspar said Monday that creditors endorsed Portugal's progress on
NEW YORK (AP) - Hopes that U.S. leaders will reach a budget deal pushed the dollar lower against the euro Monday. Traders were also hopeful that Greece will get its next batch of bailout money.
Riskier currencies such as the euro tend to strengthen when traders think the economy is getting better.