http://www.heraldbulletin.com en-us Copyright CNHI All Rights Reserved. 5 Tue, 13 May 2008 12:59:00 +0000 http://www.heraldbulletin.com/money/local_story_134130016.html http://www.heraldbulletin.com/money/local_story_134130016.html WASHINGTON — The Senate, in a direct challenge to President Bush, voted Tuesday to temporarily halt the shipment of thousands of barrels of oil a day into the government’s emergency reserve. Tue, 13 May 2008 08:37:00 +0000 http://www.heraldbulletin.com/money/local_story_134083813.html http://www.heraldbulletin.com/money/local_story_134083813.html WASHINGTON — Consumers, battling soaring gasoline prices and a slumping economy, cut back further on their spending in April. Tue, 13 May 2008 07:35:00 +0000 http://www.heraldbulletin.com/money/local_story_134073645.html http://www.heraldbulletin.com/money/local_story_134073645.html NEW YORK — Wall Street headed for a lower opening Tuesday, with investors hesitant ahead of reports expected to show that consumers curtailed their spending amid rising food and energy prices. Mon, 12 May 2008 07:58:00 +0000 http://www.heraldbulletin.com/money/local_story_133075938.html http://www.heraldbulletin.com/money/local_story_133075938.html NEW YORK— U.S. stocks headed for a moderately higher open Monday as oil prices ticked lower and the dollar advanced. Sat, 10 May 2008 20:12:00 +0000 http://www.heraldbulletin.com/money/local_story_131201318.html http://www.heraldbulletin.com/money/local_story_131201318.html ANDERSON — A husband and wife team is hoping that the Vienna beef hot dog — much loved in the Windy City — will become a new local craze. Fri, 09 May 2008 15:11:00 +0000 http://www.heraldbulletin.com/money/local_story_130151222.html http://www.heraldbulletin.com/money/local_story_130151222.html NEW YORK — Oil rose above $126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and Venezuela could cut exports from the OPEC member. Gas prices, meanwhile, rose above an average $3.67 a gallon at the pump, following oil’s recent path higher. Fri, 09 May 2008 08:03:00 +0000 http://www.heraldbulletin.com/money/local_story_130080341.html http://www.heraldbulletin.com/money/local_story_130080341.html NEW YORK — Wall Street headed for a lower open Friday after the world’s largest insurer reported a wider-than-expected loss for the first quarter, rekindling investors’ anxiety about the strained state of the global financial system. Thu, 08 May 2008 09:50:00 +0000 http://www.heraldbulletin.com/money/local_story_129095147.html http://www.heraldbulletin.com/money/local_story_129095147.html WASHINGTON — The number of newly laid off workers seeking unemployment benefits dropped much more than expected last week. Thu, 08 May 2008 08:36:00 +0000 http://www.heraldbulletin.com/money/local_story_129083745.html http://www.heraldbulletin.com/money/local_story_129083745.html NEW YORK — Consumers gave some of the nation’s retailers a little relief in April following months of dismal sales, but business was helped along by heavy discounting that could hurt first-quarter earnings. Thu, 08 May 2008 07:31:00 +0000 http://www.heraldbulletin.com/money/local_story_129070712.html http://www.heraldbulletin.com/money/local_story_129070712.html NEW YORK — Wall Street headed for a modestly higher open Thursday as investors waited to see if retailers’ April sales figures would provide a sense of how consumers are faring in a climate of economic weakness and rising costs. Wed, 07 May 2008 10:16:00 +0000 http://www.heraldbulletin.com/money/local_story_128101850.html http://www.heraldbulletin.com/money/local_story_128101850.html NEW YORK — The stock market traded lower Wednesday, as investors reacted to mixed economic data and waited to see if oil prices will climb further into uncharted territory. Wed, 07 May 2008 08:34:00 +0000 http://www.heraldbulletin.com/money/local_story_128083554.html http://www.heraldbulletin.com/money/local_story_128083554.html WASHINGTON — Worker productivity rose by a better-than-expected amount in the first three months of the year while labor cost pressures eased. Wed, 07 May 2008 08:00:00 +0000 http://www.heraldbulletin.com/money/local_story_128080146.html http://www.heraldbulletin.com/money/local_story_128080146.html NEW YORK — Clearwire and Sprint Nextel are planning to merge their wireless broadband units to create a new $14.55 billion wireless communications company. Wed, 07 May 2008 07:43:00 +0000 http://www.heraldbulletin.com/money/local_story_128074345.html http://www.heraldbulletin.com/money/local_story_128074345.html WASHINGTON — Just months ago, ethanol was the Holy Grail to energy independence and a “green fuel” that would help nudge the country away from climate-changing fossil energy. Tue, 06 May 2008 11:53:00 +0000 http://www.heraldbulletin.com/money/local_story_127115443.html http://www.heraldbulletin.com/money/local_story_127115443.html NEW YORK — Oil futures blasted to a new record over $122 a barrel Tuesday, gaining momentum as investors bought on a forecast of much higher prices and on any news hinting at supply shortages. Retail gas prices edged lower, but appear poised to rise to new records of their own in coming weeks.