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February wholesale prices drop 0.6 percent
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WASHINGTON (AP) — Prices at the wholesale level plunged in February by the largest amount in seven months as a big drop in energy prices offset higher food costs. The Labor Department said... Full story

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Blockbuster shares tumble after bankruptcy warning
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NEW YORK (AP) — Shares of Blockbuster Inc.... Full story
Stocks climb after Fed pledges to hold rates low
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NEW YORK (AP) — Stocks rose Wednesday after... Full story
Oil slips past $82 as crude supplies grow
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NEW YORK (AP) — Oil prices topped $82 a... Full story

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Senate OKs jobs bill for Obama's signature
WASHINGTON (AP) — The U.S. Senate is sending the first of several promised election-year jobs bills to President Barack Obama for his signature. It would provide a temporary payroll tax holiday to companies that hire and would pump $20... Full story
Oil rises near $82 ahead of Fed, OPEC meetings
NEW YORK (AP) — Oil prices climbed back to near $82 on Tuesday as fresh housing data calmed investor concerns over the Federal Reserve's meeting on interest rates. At midday, benchmark crude for April delivery rose $2.08, or 2.5 percent,... Full story
Stocks rise ahead of Federal Reserve rate decision
NEW YORK (AP) — Stocks climbed Tuesday while investors awaited results from the Federal Reserve's meeting on interest rates. Policymakers are almost certain to keep the Fed's benchmark rate at a historic low of near zero, so investors will... Full story
Housing construction drops in February
WASHINGTON (AP) — Housing construction fell in February as winter blizzards held down activity in the Northeast and South. The decline highlighted the challenges facing builders as they struggle to emerge from the worst housing slump in... Full story
Senator unveils US financial regulation plan
WASHINGTON (AP) — A new Democratic Senate bill to tame U.S. financial markets would give the government new powers to break up firms that threaten the economy and would force the industry to pay for its failures. Legislation unveiled Monday... Full story
Continental Airlines to charge for food
ATLANTA (AP) — Continental Airlines is ending free hamburgers, barbecue and sandwich rolls for many of its passengers in favor of a food-for-sale program that mirrors what other carriers are already doing. A spokesman said Monday that the... Full story
European companies: gov't debt hurts business
BRUSSELS (AP) — Soaring government debt endangers Europe's business climate because it could hold back economic growth and crowd out financing for companies, European employers said Monday. BusinessEurope, which represents 20 million... Full story
Stocks fall on concern about US credit rating
NEW YORK (AP) — Concerns about China's economy and a warning about the credit rating of the U.S. are hitting stocks. Credit ratings agency Moody's says Monday that debt loads are stretched in the U.S. and Britain. The countries carry the... Full story
Oil falls below $81 amid weak US crude demand
Oil prices fell below $81 a barrel Monday, pushed down by a stronger dollar and investor concerns that slower U.S. demand for crude doesn't justify the recent rally. By early afternoon in Europe, benchmark crude for April delivery was down 56... Full story
Oil settles lower, ending brief rally
NEW YORK (AP) — Oil prices trimmed some early losses, but still ended lower Tuesday, after rising steadily since the end of last week. Benchmark crude for April delivery lost 38 cents to settle at $81.49 per barrel on the New York... Full story
Harlingen
Brownsville
McAllen
NWS Harlingen - Fair
51.0°F
Fair - Winds 1023.2 mb
Last Update: 2010-03-20 20:20:23
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