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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 07, 2009

Page

4

Stocks End Higher On Hopes Of Slow Inflation And Rally

Stocks closed higher as investors priced in hints that the average may climb 62.21 points to 9,015.10, with broader indicators moving to their loftiest levels since November 5. The Standard and Poor's 500 rose 7.25 points to 934.70. The Nasdaq also gained.

Standard & Poor Proverse ChaseCorp Ceco ProunFin Microsoft GoldStg Inc Prounsp Olsands G EiderGiég DrgShips Isnemits AschMatn SprintNex AmApparel Critry Tel NY Nasd Duadiam NY PaterHan NY Diebod Petrobrs S Pscradedl nAmex Emersone NY Proshsap NY Prounsp NY Prourog NY Sherwin Jpmorgch NY Wells Famgo NY Wendy Arby NY Nbr Nasd Sweet Crude NYMX Cais Vou Mercantile Exchange CBOT Pork Bellies CME Chicago

Oil prices may spike again next year analysts warn

Houston report says cheap oil keeps pump prices down but could surge to around 4.11 a gallon again as early as 2011 or 2012. Analysts note OPEC production cuts and credit freezes strain supply while giants like Exxon Mobil and Chevron hesitate on 2009 capital plans.

Houston Sean Brodrick Weiss Research Inc Daniel Yergin Cambridge Energy Research Associates Exxon Mobil Chevron ConocoPhillips

Energy in Demand World Marketed Consumption 1980 2030

Global energy demand trends cover 1980 to 2030 with shifts in consumption by region and fuel. The study highlights rising demand in developing economies, slower growth in developed markets, and evolving mixes among oil, gas, coal, and renewables.

Online benefits push for 10 000 daily baby boomers

The Social Security Administration launched an online filing service to let people apply for retirement or disability benefits without visiting offices. Commissioner Astrue expects 10,000 new applicants daily for 20 years as 80 million baby boomers age in, while emphasizing a mostly paperless process and user friendly design. Patty Duke endorses the campaign, noting her own limited computer skills improved with a demonstration.

Washington The Social Security Administration Social Security Patty Duke Michael J. Astrue Associated Press Astrue David Certner AARP

Unemployment Filing Systems Crash Across States

Electronic claims sites and hot lines failed in New York North Carolina and Ohio as 4.5 million Americans collect benefits. Officials report heavy call volumes with hours on hold and all circuits busy as unemployment rises to 6.7 percent in November and is expected to reach 7 percent in December.

Albany N.Y New York North Carolina Ohio Brian Harter State Department of Job and Family Services Harter

Apple to cut iTunes song prices and drop copy protection

Apple plans three price tiers 69 cents 99 cents and 1.29 for songs on iTunes and will offer tracks without digital rights management. The move follows top marketing executive Philip Schiller stating final Macworld show remarks and gives record labels pricing flexibility.

San Francisco Apple Inc Apple Philip Schiller iTunes

Government seeks revocation of Madoff bail

A prosecutor asked a New York judge to jail Bernard Madoff before trial claiming he violated a court agreement by sending relatives gifts worth over 1 million dollars including watches jewelry cufflinks and mittens. The judge ordered written arguments and planned a ruling later. Madoff’s 10 million dollar bail was secured by homes in Manhattan Long Island and Florida.

New York Bernard Madoff U.S Marc Litt Ronald Ellis Madoff Manhattan Long Island Florida

Also Mentioned on This Page

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