Oil price jumps as Rita heads to refineries

Saturday, September 24, 2005 Oil, natural gas, and gasoline futures prices are all rising in anticipation of the Hurricane Rita landfall on Friday. The market price for crude oil is rising about 1% a day, while gasoline futures rose 5% both Wednesday and Thursday. Natural gas prices are also rising, …

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Germany’s July unemployment rate falls slightly

Thursday, July 28, 2005 Germany‘s unemployment rate fell by 0.1 percent in July, the Federal Labour Office said. The number of jobless Germans dropped by 42 thousand to 4.8 million, but without seasonal adjustments, including summer breaks in job training and jobseeker holidays, it grew by 68 thousand and is …

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US stock markets reach 12-year lows

Thursday, March 5, 2009 US stock markets dropped to twelve-year lows on Thursday, amidst falling confidence in the financial sector and worries over whether the US automobile manufacturer General Motors will be able to keep operating. The Dow Jones Industrial Average dropped by 4.08%, or 280.52 points, at the closing …

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