Archive for the 'finance' Category

Some stores close but New Yorkers continue to shop

NEW YORK (AP) — Many stores in New York were closed on Saturday as Hurricane Irene neared, with some posting comical signs like “Blame the weatherman. Not us” and “Evidently `The Show Must Go On!’ means nothing to Irene.” But New York’s shopping districts still were bustling as people piled into any store that was [...]

Oil prices should fall with Gadhafi overthrow

NEW YORK (AP) — Oil prices around the world should start falling if Libyan rebels succeed in toppling Moammar Gadhafi’s regime, though the full effect won’t be felt for months. On Sunday night, rebel forces pushed into Tripoli without meeting much resistance, hours after they overran a major military base that defended the capital. Opposition [...]