VIENNA, Austria — A rebound in world stock markets supported oil prices Friday, with crude creeping off a 3-year low to trade above $50 a barrel. The bounce reflected how tightly oil prices are tied to trading in equities and left open the likelihood of further volatility in the crude sector.

21 Nov 2008

(By Barbara Barrett, bbarrett@mcclatchydc.com) Kay Hagan doesn't know which wooden desk she'll use in the U.S. Senate chamber, but she knows generally where it will be. “You know, towards the back,” she said Thursday morning, laughing as she reflected on her first week on Capitol Hill. Hagan was introduced to the inner workings of Congress as one of a half-dozen senators-elect. In three days ...

21 Nov 2008

Eleven-year-old Isaiah Buonafina of Clifton chomped on a cookie and reflected on whether he felt any different, now that he had finally sealed the deal.

21 Nov 2008

VIENNA — A rebound in world stock markets supported oil prices Friday, with crude creeping off a three-year low to trade above $50 (U.S.) a barrel. The bounce reflected how tightly oil prices are tied to trading in equities and left open the likelihood of further volatility in the crude sector.

21 Nov 2008

0825: Another grim performance on Wall Street is reflected in Footise this morning with the index lower despite banks rallying futher. Royal Bank of Scotland, Barclays and HSBC are all well up along with British Airways on the fall in crude prices below $50 per barrel. Vodafone, BAT and Shell are among the laggards. FTSE 100 down 47 at 3,828.

21 Nov 2008

Oil dived under $50 a barrel on Thursday to hit the lowest level since May 2005, deepening losses as financial markets reflected ever lower confidence in the world economy and evidence mounted of falling fuel demand.

20 Nov 2008