S&P downgrades Greece
Standard & Poor’s downgraded Greece’s credit rating Monday to “selective default” after the government took legal steps to impose losses on all holders of Greek government bonds.
Part of Keystone pipeline to move forward
TransCanada will move ahead with part of the Keystone XL pipeline that will boost the flow of crude from the oil sands of Canada to the U.S. Gulf Coast.
Wall Street fights rule limiting oil speculation
Wall Street is pushing to stop a new rule that would crack down on speculation in the energy markets, which many blame for contributing to the spike in gas prices.
Stocks end little changed
U.S. stocks ended little changed Monday as investors weighed an upbeat housing report against worries about the debt crisis in Europe and rising gas prices.
$100K manufacturing jobs
What’s uncool about a $100,000 factory job? These days not much. In fact, factory jobs — once considered back-breaking and low-paying — have become high-tech and high-salaried.
Strategic oil reserve tap offers only a little relief
When gas prices are climbing, as they are now, there’s an equivalent surge in talk of tapping the nation’s Strategic Petroleum Reserve
Germany backs second Greek bailout
In a widely expected move, German lawmakers approved Monday a politically unpopular second bailout for Greece.
More customers leaving big banks
New fees and poor customer service have sparked an exodus among big bank customers, many of whom switched to smaller institutions last year.
Gas prices climb for 20th day
Gas prices continued their march toward $4 on Monday, rising for the 20th day in a row.
European jitters to weigh on stocks
U.S. stocks were set to open lower Monday as concerns on Europe’s debt crisis returned and gas prices continued to rise.
