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+1
Under Rated

Student loan companies in settlement talks (AP)

ECONOMY Fri Sep 5, 2008 @ 6:00pm neoform
biz.yahoo.com -- NEW YORK (AP) -- The attorney general of New York is negotiating settlements with eight student loan companies to reform deceptive practices in the industry. A particular focus is the marketing of products so they appear to be federal loans, an official s.. Read More
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Under Rated

US stocks head to lower open as oil advances (AP)

ECONOMY Thu Sep 4, 2008 @ 9:00am neoform
biz.yahoo.com -- NEW YORK (AP) -- Wall Street headed for a lower open Thursday after a government report showed that unemployment spiked unexpectedly last week and oil prices advanced for the first time this week. The Labor Department reported that new applications for u.. Read More
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Under Rated

Spas offer deals, discounts in slumping economy (AP)

ECONOMY Tue Sep 2, 2008 @ 6:01pm neoform
biz.yahoo.com -- NEW YORK (AP) -- With the economy slumping and fuel prices soaring, facials and massages may not be a top priority for consumers on a budget. But America's top spas, gathered in New York for the annual meeting of the International Spa Association, are tr.. Read More
+1
Under Rated

Most commodities rise as energy markets eye Gustav (AP)

ECONOMY Wed Aug 27, 2008 @ 6:00pm neoform
biz.yahoo.com -- NEW YORK (AP) -- Most commodities prices advanced Wednesday, lifted by the rising price of oil as traders eyed the trajectory of Tropical Storm Gustav. The storm, though downgraded from hurricane status, appeared headed for the Gulf of Mexico, where key.. Read More
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Under Rated

Economy remains stuck in low gear (AP)

ECONOMY Thu Aug 21, 2008 @ 6:01pm neoform
biz.yahoo.com -- NEW YORK -- A private sector measure of the economy's health showed the largest drop in a year, and while new jobless claims fell for the second straight week, they remain near the highest levels since 2002. The reports are the latest evidence the languis.. Read More
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Under Rated

Governors in NY, NJ oppose airport slot auctions (AP)

ECONOMY Tue Aug 19, 2008 @ 6:00pm neoform
biz.yahoo.com -- NEW YORK (AP) -- The governors of New York and New Jersey are asking federal officials to reconsider part of their plan to battle flight delays at the region's big airports. The U.S. Department of Transportation plans to have the airlines compete against.. Read More
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Under Rated

Treasury prices rise as crude oil dips further (AP)

ECONOMY Fri Aug 15, 2008 @ 6:00pm neoform
biz.yahoo.com -- NEW YORK (AP) -- Treasury prices extended their gains Friday as oil prices dipped and economic data suggested that the U.S. economy remains sluggish. Oil's drop has signaled to many investors that inflation pressures might be lifting soon. Crude oil, dow.. Read More
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Under Rated

Oil prices hit 3-month low on stronger US dollar (AP)

ECONOMY Fri Aug 15, 2008 @ 12:01pm neoform
biz.yahoo.com -- NEW YORK (AP) -- Oil prices sank more than $3 a barrel Friday, dropping to the lowest level since early May after the dollar muscled higher and OPEC predicted world demand for energy will keep falling. Light, sweet crude for September delivery fell $3.34.. Read More
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Under Rated

Stocks head for higher open as oil falls (AP)

ECONOMY Fri Aug 15, 2008 @ 9:01am neoform
biz.yahoo.com -- NEW YORK (AP) -- Stock futures pointed to a modest advance Friday as oil prices dropped back below $113 a barrel, suggesting further relief from the high energy costs that have weighed on consumers and businesses. Light, sweet crude fell $2.02 to $112.99.. Read More
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Under Rated

Futures add to gains on NY Fed data (Reuters)

ECONOMY Fri Aug 15, 2008 @ 9:01am neoform
biz.yahoo.com -- NEW YORK (Reuters) - Stock index futures added to gains on Friday following a Federal Reserve bank report that showed a surprise increase in manufacturing activity in New York state in August. The data was an additional positive factor, along with a fur.. Read More
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Under Rated

Wall Street heads for moderately higher open (AP)

ECONOMY Mon Aug 11, 2008 @ 9:01am neoform
biz.yahoo.com -- NEW YORK (AP) -- U.S. stocks headed for a moderately higher open Monday after sharp gains last week and as oil prices increased on concerns over fighting between Russia and Georgia. Crude rose Monday as investors grew worried that the conflict between Ru.. Read More
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Under Rated

Commodities slowdown could last months, longer (AP)

ECONOMY Fri Aug 8, 2008 @ 6:01pm neoform
biz.yahoo.com -- NEW YORK (AP) -- The commodities boom that just weeks ago looked unstoppable may have finally burned itself out. Sudden plunges in the price of everything from crude to copper and cotton suggest commodities soared too high, too fast -- and analysts expec.. Read More
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Under Rated

Oil prices fall after US inventory report (AP)

ECONOMY Wed Aug 6, 2008 @ 12:01pm neoform
biz.yahoo.com -- NEW YORK (AP) -- Oil prices fell below $118 a barrel Wednesday after the government reported bigger-than-expected jumps in supplies of crude oil and distillates, suggesting high energy prices are still eating into demand. Light, sweet crude for September.. Read More
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Under Rated

Wall Street heads for higher open before Fed talks (AP)

ECONOMY Tue Aug 5, 2008 @ 9:01am neoform
biz.yahoo.com -- NEW YORK (AP) -- Wall Street headed for a higher open Tuesday as investors awaited the Federal Reserve's meeting on interest rates and eyed with cautious optimism the declining price of oil. The Fed, seeking to support an anemic U.S. economy and also con.. Read More
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Under Rated

Wall Street reels, NYC braces for tough economy (AP)

ECONOMY Mon Aug 4, 2008 @ 3:00pm neoform
biz.yahoo.com -- NEW YORK (AP) -- If you want to understand the precarious state of the economy in the nation's largest city, one city official suggests picturing Wile E. Coyote frozen in midair just after skidding off a cliff. The image of the hapless cartoon coyote ill.. Read More
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Under Rated

Stocks pull off lows as oil falls sharply (AP)

ECONOMY Mon Aug 4, 2008 @ 12:00pm neoform
biz.yahoo.com -- NEW YORK (AP) -- Stocks pulled off their lows Monday after a big drop in oil prices offset some concerns about a government report on inflation. Light, sweet crude fell $4.15 to $120.95 a barrel on the New York Mercantile Exchange. The Commerce Departme.. Read More
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Under Rated

Fitch Rates New York City $965MM GOs 'AA-'; Outlook Stable (Business Wire)

ECONOMY Fri Aug 1, 2008 @ 6:01pm neoform
biz.yahoo.com -- NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA-' rating to New York City, New York's $965 million general obligation (GO) bonds fiscal 2009 series A, consisting of $800 million subseries A-1 tax-exempt bonds and $165 million subseries A-2 taxable.. Read More
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Under Rated

Stressed banks borrow record amount from Fed (Reuters)

ECONOMY Thu Jul 31, 2008 @ 6:01pm neoform
biz.yahoo.com -- NEW YORK (Reuters) - Banks borrowed a record amount of funds from the Federal Reserve in the latest week as the year old credit crisis took a persistent toll, while the commercial paper market continued to contract, signaling tough conditions for short t.. Read More
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Under Rated

Paterson says DC must do more for states (AP)

ECONOMY Thu Jul 31, 2008 @ 6:01pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- New York Gov. David Paterson said Thursday the country faces "a national crisis of bankruptcy" unless state and federal governments revamp their budgets with a combination of new cuts and new spending to stabilize the economy. In a spe.. Read More
+1
Under Rated

Oil falls $2 a barrel on weak US economic data (AP)

ECONOMY Thu Jul 31, 2008 @ 12:01pm neoform
biz.yahoo.com -- NEW YORK (AP) -- Oil prices pulled back Thursday, retreating from the previous day's big rally, as disappointing data on the U.S. economy signaled further cutbacks in energy demand for the world's thirstiest oil consumer. Light, sweet crude for September.. Read More
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