Business
Nebraska and Iowa Among States with Highest Gas Prices in America
Following reports of record-high gas prices in Omaha, Neb., Nebraska and Iowa have now joined Minnesota, North Dakota, Alaska California among the contiguous states with the highest gasoline prices in America. As of Monday, gas prices in California and Nebraska averaged $4.05 per Read More [...]
Natural Gas Futures Move Up Amid Concerns Regarding Weather Forecasts
Weather proved to be the main factor that allowed natural gas futures to settle higher on Monday, as forecasts of hot weather led investors to predict increased gas demand in the coming days. For June delivery, natural gas settled 0.9 percent, or 3.5 Read More [...]
Gas Prices in Oklahoma City Hit Record High Levels
Gasoline prices were at an all-time record high Sunday in Oklahoma City, according to data from AAA’s gas price tracking page for the state of Oklahoma. Average prices for one gallon of self-serve regular gasoline were at $3.963 on Sunday, which is a Read More [...]
Crude Oil Futures Reach Seven-Week High As of Monday
With mounting optimism in the air and chances of further improvement to the U.S. economy, crude oil futures reached a seven-week high on Monday. Light, sweet crude for June delivery saw an increase of 0.7 percent, or $0.69, settling at $96.71 per barrel, Read More [...]
U.S. Gas Prices Increase Sharply Amid Refinery Issues
Just when the national average price of gasoline finally appeared to be enjoying a sustained downward trend, gas prices are moving back up, as oil refinery problems in several areas had led to a sharp increase in gas prices in the Midwest. These Read More [...]
Las Vegas Drivers Enjoying Lower Gas Prices, According to AAA Figures
The American Automotive Association (AAA) announced this week that based on its most recent monthly survey, gasoline prices in Las Vegas, Nev., have dropped by about 25 cents per gallon in the previous months to an average of approximately $3.47 per gallon. This Read More [...]
HARP Refinances Exceed 2.3 Million Mark as Deeply Underwater Borrowers Continue to Take Advantage
Refinances under the Obama administration’s Home Affordable Refinance Program (HARP) went past 2.3 million as of the end of February, as announced in a report from Tuesday. In addition to deeply underwater borrowers contributing heavily to the uptick in HARP refinances, it was Read More [...]
US Economy Lost Almost $1 Billion in 2011 Due to Payday Loans, Reveals Study
A study from the Insight Center for Community Economic Development shows that payday loans had been responsible for a loss of close to $1 billion dollars against the U.S. economy in 2011. As a result of loan repayment requirements, $774 million was reported Read More [...]
Foreclosures Down by More than 50 Percent Since 2010 Peak
Only 55,000 foreclosures were completed in the month of March 2013, a decrease of 16 percent year-over-year from March 2012’s 66,000 foreclosures, according to CoreLogic’s most updated statistics released on Tuesday. On a seasonally adjusted basis, homes that were lost to foreclosures had Read More [...]
Foreclosures in California at Lowest Point in Eight Years
For the March ending quarter of 2013, foreclosure filings in the state of California went down 67 percent compared to the year-ago quarter, marking the lowest number of default filings in the state since the fourth quarter (December ending quarter) of 2005. According Read More [...]
