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Oil prices dipped below US$109 a barrel Tuesday in Asia in a choppy market driven by uncertainty about whether a US$700 billion U.S. plan to buy bad mortgage debt will stabilize the financial system.
NEW YORK (AP) - Commodities prices soared Monday as nervousness about the U.S. government's $700 billion plan to rescue the financial system dragged down the dollar and pointed investors to the relative safety of hard assets.
WASHINGTON (AP) - Federal regulators on Wednesday took measures aimed at reining in aggressive forms of short-selling that were blamed in part for the demise of Lehman Brothers and which some feared could be used against other vulnerable companies in a turbulent market.