By Jan Harvey LONDON (Reuters) – Gold rose above $1,500 an ounce on Wednesday for the first time ever as the dollar wilted, oil rose, worries over the U.S. economic outlook boosted demand for the metal as a haven and rising inflation lifted Asian demand. The Reuters-Jeffries CRB index was […]

Investors fueled rise in home sales, paying cash for cheap homes; 1st-time buyers stayed away Derek Kravitz, AP Real Estate Writer WASHINGTON (AP) — Investors drove up U.S. home sales last month, plunking down cash to grab cheap homes at risk of foreclosure. But purchases made by first-time homebuyers, who […]

Unexpected increase in supply pushes oil above $110; retail gasoline continues to rise Chris Kahn, AP Energy Writer NEW YORK (AP) — Oil is climbing above $110 per barrel as the dollar weakened and the government reported an unexpected drop in U.S. crude supplies. Benchmark West Texas Intermediate oil for […]