Oil prices dip ahead of OPEC Doha meeting
Oil fell for a second straight day as US energy data showed higher crude stocks and traders awaited an emergency OPEC gathering in Doha. Light crude settled at 57.65, Brent at 60.78, gasoline up slightly, heating oil down, and natural gas up.
MENTIONED IN THIS ARTICLE
Washington
U.S
Doha
New York Mercantile Exchange
London
Brent
ICE Futures Exchange
Nymex
Federal Energy Information Administration
Organization of Petroleum Exporting Countries
Qatar
Consumer prices fall 0.5 percent led by energy drop
U S inflation cooled in September with a 0.5 percent CPI drop led by a sharp fall in gasoline and energy goods. Core inflation rose 0.2 percent, signaling softer price gains after earlier spikes.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Bernard Baumohl
Economic Outlook Group
New Jersey
Gulf Coast
Housing Starts Edge Up Amid Inflation Signals
The Commerce Department reports September housing starts at a seasonally adjusted annual rate of 1.772 million, up 5.9 percent after three straight declines. Consumer prices rise 3.4 percent year over year, matching 2005, while core inflation sits at 3.0 percent, above the Fed’s 1 to 2 percent comfort zone.
MENTIONED IN THIS ARTICLE
Fed
Commerce Department
AOL to lay off 1300 as call centers close in NM and AZ
AOL announced it will lay off 1300 employees by closing call centers in New Mexico and Arizona. The cuts include 900 in Albuquerque and 400 in Tucson with the Ogden Utah center also slated for sale as part of a broader restructuring announced in August.
MENTIONED IN THIS ARTICLE
Albuquerque
N.M
AOL
New Mexico
Arizona
Time Warner Inc. Online
America Online
Ogden
Utah
Tucson
Ariz
Dulles
Iowa unemployment dips to 3.4 percent in September
Iowa's unemployment rate falls to 3.4 percent in September as payrolls rise by 21 000 to a record 1 644 000. Government and education sectors lead gains while health and education services add jobs. Jobless benefits total 18.6 million for 23 724 claimants.
MENTIONED IN THIS ARTICLE
Iowa
Dave DeWitt
The
Gazette
Iowa Workforce Development
Iown
EPA chief hears concerns about proposed dust regulation
EPA Administrator Stephen Johnson visited an Iowa farm to discuss proposed dust rules with about 30 farmers and Grassley aides as rain dampened demonstrations. Grassley urged an exemption for farmers while Johnson defended a science based approach and warned of potential lawsuits.
MENTIONED IN THIS ARTICLE
EPA
Perry
Stephen Johnson
Iowa
Johnson
Chuck Grassley
R Lowa
Grassley
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