All of the major indexes closed today's session in the red, but that was not enough to keep some big name stocks from hitting new highs in today's trading action. Ford Motor (NYSE: F) hit a new 52 week high today of 9.14 before afternoon profit taking came in and pushed shares lower. The stock has been very strong lately, and recently was considered to be the stock of the year ...

Oil prices have continued to move higher today, hitting a new record high of $130.47 as investors continue to push prices higher in reaction to the slumping American dollar. Last week it had started to look as though the dollar was making a comeback, but that has changed, and now the dollar is once again dropping, and as a result oil prices are moving into new territory. The euro is moving ...

Despite surging food prices, inflation was actually a bit lower in April than the 0.3% inflation that we saw back in March. According to the Labor Department, inflation moved up 0.2% in April, which was slightly under the 0.3% inflation in March. Analysts had been expecting to see inflation rise by 0.3% again in April. If you exclude food and energy costs, then you are left with a core inflation, which was ...

With oil prices moving as high as they have over the past year, many of you are probably wondering when will we see prices start to retreat? While the pain oil prices is causing at the pump is likely to have everyone wishing for a drop in oil prices, this may be something that is just not in the cards at this time. There are a lot of reasons to believe ...

Oil prices have continued their recent surge following this week's inventory report from the Energy Department. Oil has jumped $2.65 to $111.15, and are very close to hitting its historic all time high of $111.80. Prices moved up as high as $111.43 immediately following today's report. The market had been pretty flat for most of this morning, in anticipation of today's report. What we have seen is a drop of oil ...

Gasoline prices moved up overnight to set a new record high last night... the second record high in as many days. According to AAA, the national average for a gallon of regular unleaded has now reached record levels of $3.303 for a gallon. The current price of gasoline has been rising in reaction to the recent run up of oil prices and the weak dollar, and resulted in a 22% jump ...