Archives for July 2007

July 2007 - Page 5 of 6 - Money Morning - Only the News You Can Profit From

Oil Prices Skyrocketing: Gasoline is Likely Next

By Jason Simpkins Violence in Nigeria and concerns that U.S. refiners are struggling to produce enough gasoline helped crude oil prices rise again last week, moving the price of this key commodity closer to its all-time high of $78.65. And now some analysts are predicting that $80 a barrel crude oil is well within reach. […]

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Housing Slump Causes Spike in Consumer Debt Delinquencies

by Jason Simpkins Delinquencies on home-equity loans reached their highest level in 18 months in the first quarter of this year, the latest confirmation that the nation’s once-thriving housing market has pummeled consumers. The American Bankers Association, in its quarterly report on consumer debt, said that credit-card delinquencies decreased during the first three months of […]

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