US jobless rate rises to over 10%

OIL FUTURES: Crude Rises Near $80; Market Awaits EIA Data

By: azhar12

Crude oil futures rose Wednesday, moving closer to the $80 mark after data from the American Petroleum Institute showed a larger-than-expected drawdown in US crude oil inventories. On the New York Mercantile Exchange, light, sweet crude futures for delivery in December traded at $79.54 a barrel at 0553 GMT, up 40 cents in the ...

22 days ago

Job loss rate plays part in US election

By: MotorsportReport

The key number in next year's U.S. congressional election may be the unemployment rate, which last month hit a 26-year high of 9.8 percent. The figure helps explains why creating jobs is a top priority in the Democratic-led Congress where lawmakers know their own jobs are at stake if they fail to deliver. In next year's election, the Democrats ...

about 1 month ago

Oil falls below $79; U.S. inventory in focus

By: dustgeer

Oil dipped below $79 a barrel on Thursday as an expected hike in U.S. crude stocks outweighed both a weak dollar near 15-month lows and an IEA report that said global oil demand will return to growth this quarter.Delayed weekly inventories data out of the world’s largest fuel consumer the United States are set to show a 700,000 barrel rise ...

27 days ago

Being Led Like Blind Sheep.

By: Redhanded101

For a country that has seen it’s population surpass the 300 million mark and where diversity couldn’t be more evident, it is becoming more evident that minorities & to a large extent our youth or those under the age of 20 – which comprise about 27% of the population, are currently being led like blind sheep by this ...

20 days ago