Tales from the Trail

Washington Extra – Oil up

March 2, 2011

How high is it? A 2-1/2 year high.

How high can it go? No one knows.

BUSINESS/SUMMERYEnergy Secretary Steven Chu expressed what is on many minds – that the oil price jump can hurt the economy. “We have a very delicate recovery going on and an increase in prices will make that vulnerable.”

Washington Extra – Club CEO

February 23, 2011

At one point, business isn’t just about money.

President Barack Obama just assembled corporate heavyweights to advise him on the economy. OBAMA/

The First Draft, Tuesday Dec. 30

December 30, 2008

Israel’s military operations in Gaza continue to dominate front pages of major newspapers and morning talk shows. Wall Street is looking for a positive start as oil and gold prices ease back from the price spikes that followed the onset of the Israeli strikes against Hamas.USA-OBAMA/

The First Draft, Monday Dec. 29

December 29, 2008

WASHINGTON – Israeli air attacks in Gaza dominate morning talk shows and front pages of major U.S. newspapers. The attacks pushed up oil prices by more than $3 a barrel to over $40. Gold prices also moved higher. Nevertheless, U.S. stock index futures pointed to a higher open on Wall Street in what is expected to be a light trading.tanks2