Topic: New York Mercantile Exchange Inc.
Falling crude demand in the world's largest consuming nation drove oil prices Monday to a new low for the year as the U.S. enters a corporate earnings season expected to be fraught with bad news. The strained economy outweighed factors that would normally boost the market — Mideast tensions, signs that OPEC was implementing large-scale production cuts, the ongoing ...
Oil prices dipped below $40 per barrel Friday for the first time this year as the government reported the nation's worst annual job losses since World War II. People are traveling less, manufacturers are slashing production and there are job cuts across almost every sector ...
Gold prices pulled off a moderate advance Thursday, but other commodities slumped for a second straight day as a profit warning from Wal-Mart Stores Inc. amplified investors' concerns about waning demand for products of all kinds. The nation's largest retailer slashed its projection for fiscal ...
