Oil prices continued a three-day decline Tuesday on concerns that a slow global economy would lead to weak demand. All together, prices have fallen some 6% since late last week.
Continue reading Economic Concer…
The Dow tumbled Tuesday as part of a global sell-off in stocks fueled by further speculation that China will hike interest rates to fight inflation and renewed worries over the wobbly finances of Ireland, Portugal and Greece.
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Consumers will start to see prices rising at the stores — and soon, as the costs of commodities like cotton, sugar, and coffee are surging to record highs.
Continue reading Rising Cotton Prices May Mean Pricie…
With the acquisition, Caterpillar will get a bigger foothold in the mining equipment industry and capitalize on the “robust long-term outlook for commodities.”
Continue reading Caterpillar to Buy Bucyrus in $8….
For a host of reasons, other countries would love to free their economies from the stranglehold of the U.S. dollar’s influence, especially now, when the Fed’s stimulus actions are pushing the dollar lower, and everything else h…