Gasoline hits new record as oil climbs above 124 a barrel
Oil and gas prices surged to fresh highs with crude near 124 a barrel and the national average for regular gas rising to about 3.65 a gallon. Diesel also set a record near 4.25 a gallon while traders noted low volume as the market eyed higher levels.
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New York
AAA
Oil Price Information Service
California
Hawaii
Fadel Ghett
Oppenheimer & Co
New York Mercantile Exchange
San Mateo
Calif
Jobless claims fall more than expected in weekly report
The Labor Department said unemployment benefit applications dropped to 365000, 18000 fewer than the prior week, amid volatile readings from auto strike layoffs and an early Easter. Economists warn housing slump and credit crisis may push layoffs higher as unemployment rises. Ian Shepherdson notes current claims mirror levels from March 2001.
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Washington
Labor Department
Ian Shepherdson
U.S
Top 3 air carriers up fares 20 dollars
The three largest US carriers American Airlines United Airlines and Delta Air Lines raised roundtrip ticket prices by 20 dollars to cover rising fuel costs. The increases mainly affect fuel surcharges now totaling about 130 dollars on many flights and could push some travelers to pay more in fees than the base fare. Delta led the move, matched by rivals, as airlines seek higher fares and new surcharges amid soaring energy prices. jet fuel prices have surged about 78 percent from last year per the EIA.
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New York
American Airlines
United Airlines
Delta Air Lines
Delta Air Lines Inc
Betsy Talton
AMR Corp
Fort Worth
Texas
UAL Corp
Energy Information Administration
30 year mortgage rates edge down in Freddie Mac report
Washington lenders show 30 year fixed rate slipping slightly to 9.05 percent this week from 6.06 percent last week, the third straight week above 6 percent. Analysts say the housing downturn persists with falling prices stricter lending and higher delinquencies.
MENTIONED IN THIS ARTICLE
Washington
Freddie Mac
Frank Nothart
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Episnet Com
THE
Associated Press
Ays
Dol.gov
Freddiemac.com
T.W
Tommy Hilfiger
Liz Claiborne
Orig
Gloria Lance
Larry Levine
Nyc
Bealistic
Music City Mall
Live Oak Plaza
West County Plaza
Odessa
Mon
Beallstx.com
Beallat.com
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