Oil futures fell Thursday as investors, expecting an ongoing price slide, sold to lock in profits from the previous session's big gains. ...more

December 14, 2007

Back in 2005, in an apparent flight of fancy, analysts at Goldman Sachs predicted a "super-spike" in the oil price to $105 a barrel. In the last few days, the prediction came as close as it ever has to fulfillment. ...more

November 12, 2007

Ivy Zelman's view of the U.S. housing market is gloomy, but it's probably the most realistic. ...more

October 26, 2007

In response to this past Sunday's Associated Press article (Sept. 23) in the Highlands Today business pages, headlined "Furniture Sales Slipping." May I take this opportunity to share that Sofa Gallery Inc.'s sales are quite good. We are debt-free and our inventories are paid for. We operate with low overhead and specialize in custom orders. We attend the national furniture markets semi-annually and will be at the world famous High Point Market in October. ...more

September 28, 2007

Hovnanian Enterprises, struggling like other home builders, is offering six-figure discounts on some of its properties this weekend as it attempts to draw interest in a slumping market. ...more

September 13, 2007