Oil prices rose Wednesday as reports of higher U.S. productivity and more domestic hiring combined with continuing growth in demand from China to offset the effects of lackluster economic data from other countries.
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Oil prices rose Wednesday as reports of higher U.S. productivity and more domestic hiring combined with continuing growth in demand from China to offset the effects of lackluster economic data from other countries.
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Buyers beware: the Twelve Days of Christmas are getting a little more expensive. The cost of all the items in the holiday classic The Twelve Days of Christmas jumped to $23,439, an increase of $1,974 from last year.
“This year’s jump in the PNC CPI c…
Glencore International AG, the world’s largest commodity trader, is considering a $10 billion IPO.
The IPO would be done in London and potentially Hong Kong in the second quarter of 2011, Bloomberg News reported without naming its sources.
Glencor…
China’s bull run may be over as investors pulled money out of the market, forcing the Shanghai Composite down 1.9% and Hong Kong’s Hang Seng Index down 2%. In Japan the Nikkei 225 Index was nearly flat.
Continu…