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Oil prices tumble below $45 on oil reserve report
Oil prices tumble below $45 on oil reserve report

Energy prices tumbled across the board Wednesday as a government report showed U.S. oil reserves were much bigger than expected, suggesting demand continues to fall

01/07/09 10:48 AM

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January 07, 2009

Wall Street Wednesday: Stocks fall on fresh evidence of economic woes

Time Warner and Intel on Wednesday issued disappointing guidance.  Computer chip maker Intel Corp. said it expects fourth-quarter revenue to drop 23 percent, below prior estimates.

Virginia considering requiring financial literacy class in high school

The Virginia Board of Education is considering requiring a financial-literacy course for high school students in order to graduate with an advanced-studies diploma

Oil prices tumble below $45 on oil reserve report
Oil prices tumble below $45 on oil reserve report

Energy prices tumbled across the board Wednesday as a government report showed U.S. oil reserves were much bigger than expected, suggesting demand continues to fall


January 06, 2009

Recent recalls

Here’s a look at some recent recalls: cribs, electric toasters, girls jackets, bicycles, dried sweet potatoes.

Consumers need to read pre-need funeral contracts

Understand what you are buying. Read the fine print very carefully, cautioned Virginia AARP spokesman Tony Hylton. A contract can contain guaranteed items and non-guaranteed items.

CPSC announces recall of Jardine cribs
CPSC announces recall of Jardine cribs

The CPSC is recalling more than 56,000 Jardine cribs because the slats on the crib can break and cause dangerous gaps to infants and toddlers.

Will bulls be held at bay in 2009?
Will bulls be held at bay in 2009?

The bear may lurk for a good while yet, but don’t lose hope for the eventual return of the bull either, some local investment advisors and market analysts say.

NASCAR job seekers shifting gears

With anywhere from 700 to 1,000 NASCAR team employees looking for work and racing teams struggling to find sponsors and keep the teams they still have running, a lot of people are having to use job search skills that they haven’t used in years, Don Gemmell said.

Stocks pare gains following mixed economic reports

The Institute for Supply Management said Tuesday the U.S. services sector contracted at a slower pace in December. But the National Association of Realtors says pending home sales fell to the lowest level on record in November, much more than expected.

Even in recession, CES to have stuff worth seeing
Even in recession, CES to have stuff worth seeing

The recession figures to tone down the flashiness of this week’s International Consumer Electronics Show, but the lineup of innovative products likely will measure up to those of past years.

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