Here are the prices of some key commodities traded in New York on Tuesday: Crude oil prices increased $2.02 to close at $90.21 a barrel. Coffee prices fell less than a cent to end at $2.73 per pound. The price of copper increased less than a penny to finish at $3.96 a pound. Cocoa futures […]
US Stocks Make Gains Tuesday
Posted September 13th, 2011 at 4:15 pm (UTC-5)
U.S. stock indexes rose in Tuesday’s trading. The Dow Jones Industrial Average advanced four-tenths of a percent to close at 11,106. The S&P 500 gained nine-tenths of a percent to finish at 1,173 while the NASDAQ jumped 1.5 percent to hit 2,532. European stocks closed higher. London’s Financial Times index finished ahead nine-tenths of a […]
Oil Price Rises
Posted September 13th, 2011 at 4:05 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Tuesday: Crude oil prices increased $2.02 to close at $90.21 a barrel. Coffee prices fell less than a cent to end at $2.73 per pound. The price of copper increased less than a penny to finish at $3.96 a pound. Cocoa futures […]
IMF Study: Cut Government Budgets With Care
Posted September 13th, 2011 at 3:25 pm (UTC-5)
A newly-published study by International Monetary Fund experts says governments need to be careful how quickly they cut spending or they could hurt the economic recovery. The study’s authors looked at austerity programs in 17 nations over three decades. They came to the conclusion that cutting government spending by the equivalent of one percent of […]
Obama Takes His Job Plan On the Road
Posted September 13th, 2011 at 3:20 pm (UTC-5)
U.S. President Barack Obama is calling on Americans to tell Congress to pass his $447 billion proposal aimed at creating jobs and boosting the nation’s sluggish economy. The president made his pitch for the American Jobs Act Tuesday in Ohio at a high school in the state capital, Columbus, near the congressional district represented by […]
Threats Force Cartoonist Westergaard to Leave Norway Tour
Posted September 13th, 2011 at 2:40 pm (UTC-5)
Danish cartoonist Kurt Westergaard, who inflamed Islamists with his caricatures of the Prophet Mohammad, says he cut short his book tour in Oslo, Norway after being told of a possible threat. The 76-year-old Westergaard returned from Oslo to Denmark late Monday after Norwegian and Danish security agents warned of a possible plot against him. The […]
Romania, US Sign Missile Agreement
Posted September 13th, 2011 at 2:36 pm (UTC-5)
The United States and Romania have signed an agreement on the deployment of a new U.S. missile defense system in the country. Romanian President Traian Basescu met with U.S. Vice President Joe Biden at the White House Tuesday before meeting with Secretary of State Hillary Clinton for an official signing ceremony. The agreement allows the […]
Republican Expected to Win NY Special Election
Posted September 13th, 2011 at 2:31 pm (UTC-5)
A New York Republican could win a seat in the U.S. House of Representatives Tuesday, in a congressional district that has not elected a Republican in decades. Republican Bob Turner, a retired media executive, is running against Democratic state assemblyman David Weprin for the seat left empty by Anthony Weiner, who resigned earlier this year […]
Train Accident in India Kills at Least 5
Posted September 13th, 2011 at 2:25 pm (UTC-5)
Two trains have collided in southern India, killing at least 5 people and injuring at least 30 others. Police say the accident occurred Tuesday near the port city of Chennai, when one train slammed into another one that was stopped at a signal point. Authorities are investigating the cause of the accident.
9 Dead, More Than 200 Injured in Argentina Train-Bus Accident
Posted September 13th, 2011 at 2:25 pm (UTC-5)
Authorities in Argentina say a train slammed into a bus and was then struck by another train during the morning rush hour, leaving at least nine people dead and 200 others injured. Officials say the deadly accident occurred in Buenos Aires Tuesday as thousands of commuters were pouring into the capital’s Flores station to head […]
