Oil prices on Thursday hit levels not seen in more than three years and retail gasoline prices are now below $2 across nearly half of the country on dour economic reports suggesting a painful economic pullback. ...more

November 21, 2008

More Aid Coming The government will let more borrowers qualify for a new $300 billion program that lets troubled homeowners swap risky loans for affordable ones, a Bush administration official said Wednesday. ...more

November 20, 2008

The Dow plunged Monday more than 370 points and oil prices rocketed more than $25 a barrel - the biggest one-day jump ever - as anxiety about the government's $700 billion bailout plan sent new shockwaves through the markets. ...more

September 23, 2008

Oil prices closed below $100 a barrel for the first time in six months Monday, tumbling more than $5 as the demise of Lehman Brothers and the sale of Merrill Lynch fed worries about the U.S. economy. ...more

September 16, 2008

There is too much crude on global oil markets, senior oil officials from Iran and Libya said Monday, as the price of oil continued a two-month slide. ...more

September 9, 2008

Stocks Plummet After Retail, Unemployment Data NEW YORK (AP) - Dejected investors sent stocks plunging Thursday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad economic news and devastated hopes for a late-year recovery. ...more

September 7, 2008

Oil companies and drilling contractors on Thursday accelerated the evacuation of thousands of workers and secured offshore rigs and other equipment in the Gulf of Mexico as Tropical Storm Gustav churned toward the United States. ...more

August 29, 2008

Oil companies intensified preparations to evacuate some facilities as Hurricane Gustav made its way toward the U.S. Gulf of Mexico, becoming a potential threat to the region's extensive oil and natural gas production. ...more

August 27, 2008

Jobless Claims Jump As Housing Market Gets Weaker WASHINGTON (AP) - Two cornerstones of the economy - jobs and housing - sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record. ...more

July 27, 2008

Prices at the pump pulled back from record highs Friday as another slide in oil capped crude's biggest one-week drop in more than three years. ...more

July 19, 2008