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U.S. stocks moved higher Tuesday, helped by news of a pickup in home building and low inflation. But the Federal Reserve loomed large, with investors trying to guess what the central bank will say Wednesday about how long it plans to keep stimulus programs in place. For many, the market was in a hol...
| Category: National Business Published: Wednesday, June 19th, 2013 | comments |
The price of oil rose above $98 Tuesday as traders awaited the latest word on both the Federal Reserve’s monetary policy and U.S. oil supplies.
Benchmark oil for July delivery rose 67 cents to close at $98.44 a barrel on the New York Mercantile Exchange.
The focus in oil markets, as in other...
| Category: National Business Published: Wednesday, June 19th, 2013 | comments |
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