Oil price dive pulls gas down toward four dollars
The two week crude price drop ripples to pumps across the United States with the national average near four dollars a gallon. AAA notes prices could fall further, possibly by Labor Day, as demand remains weak. Oil settled at 123.26 a barrel after a low of 122.50, with analysts warning more declines may follow amid soft demand.
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New York
United States
AAA
Geoff Sundstrom
Sundstrom
New York Mercantile Exchange
Jim Ritterbusch
Ritterbusch and Associates
Auto Club Aaa
Oil Price Information Service
Wright Express
Foreclosure filings more than double in Q2 US
RealtyTrac reports 739,714 households faced at least one foreclosure notice in the second quarter, up 121 percent from a year earlier. Nevada and California led rates, Stockton worst at one in 25 homes. Banks repossessed over 222,000 properties, with 30 percent of filings resulting in repossession.
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New York
U.S
Irvine
Calif
RealtyTrac Inc
North Dakota
Alabama
Nevada
California
Arizona
Florida
Stockton
Prius price hike tops a broad U.S. round of automaker news
Toyota raises 2009 Prius base price by 500, 2.2 percent, with standard at 22000 and touring at 24270. Other Toyota and Scion models see average price boosts. Lexus adds increases on four vehicles. GM extends employee discounts to non-employees through July 31 to spur demand amid weak sales. GE to restructure into four units, focusing on growth, and NBC Universal. S&P downgrades major airlines due to high fuel costs, signaling potential liquidity risk for American, United and Northwest.
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Torrance
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Toyota
U.S
Toyota Motor Corp
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General Motors Corp
Mark LaNeve
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General Electric Co
NBC Television
Jeff Immelt
Immelt
GE Technology Infrastructure
GE Energy Infrastructure
GE Capital
NBC Universal
Minneapolis Standard & Poors
American
United
Northwest Airlines
S&p
Philip Baggaley
Northwest
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