May 18 2012

Kraft Foods lowers prices on select coffee

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That morning cup is getting cheaper.. says it is cutting its U.S. coffee prices in response to a drop in the price of unroasted beans.The food maker says it is immediately lowering the price …

Kraft Foods lowers prices on select coffee

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May 18 2012

Oil slips and posts third weekly loss

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Oil slips and posts third weekly lossOil prices fell on Friday in tug-of-war trading, posting a 2012 low and a third straight weekly loss as debt problems in Greece and Spain kept concerns about the euro zone economy in focus. Crude futures …

Oil slips and posts third weekly loss

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May 18 2012

FACEBOOK’S MODEST DEBUT

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’s stock market debut finally came and went — but for all the breathless hype, shares ended right near their offering price.

FACEBOOK’S MODEST DEBUT

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May 18 2012

Wheat jumps again on worries about dry weather

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Wheat futures are soaring again as more concerns about dry weather hit the market.Wheat for July delivery rose 37.5 cents, a gain of 5.7 percent, to settle at $6.9525 Friday. also rose, but not as …

Wheat jumps again on worries about dry weather

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May 18 2012

Treasury ETFs: TLT Nears All-Time High as Yields Plunge

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The iShares Barclays 20+ Year Treasury Bond Fund (NYSEArca: TLT) is on track for a gain of 4% this week as the U.S. government debt surges close to its all-time high.Treasury yields fell sharply this …

Treasury ETFs: TLT Nears All-Time High as Yields Plunge

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May 18 2012

10-year Treasury yield rises from near record low

Treasury yields are inching up a day after the yield on the 10-year note brushed near a record low.The yield on the benchmark 10-year note rose to 1.71 percent late Friday from 1.69 percent Thursday. Its …

10-year Treasury yield rises from near record low

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May 18 2012

Peabody Energy leases 402M tons of coal reserves

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Corp. is now able to lease 402 million tons of ultra-low sulfur coal reserves in Wyoming, after submitting a successful bid for control of the reserve area.The world’s biggest private-sector …

Peabody Energy leases 402M tons of coal reserves

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May 18 2012

Oil prices lower ahead of G8 summit

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Oil prices are lower ahead of a weekend meeting where leaders of the world’s biggest economies will look for ways to help Europe resolve its debt crisis.Benchmark oil fell 60 cents to $91.96 per barrel …

Oil prices lower ahead of G8 summit

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May 18 2012

Dear Greece, be careful what you wish for

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What you are going through has made it clear that austerity is not an easy solution.You, the Greek people now have a chance to do something I suspect millions in Europe would dearly love to do – vote on whether to leave the euro

Dear Greece, be careful what you wish for

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May 18 2012

Spain’s government to urge calm

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The government is expected to urge calm in the wake of bank downgrades and worries about the of the overall banking system.

Spain’s government to urge calm

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