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U.S. Oil Prices Once Again Causing Concern

After retreating more than $1, U.S. oil prices are once again considered to be a burden for consumers. Oil is currently more than $100 per barrel and economists fear that this combined with other economic factors could force the global economy right into recession.

Continue reading 14.09.2012. 17:00

U.S. Consumers More Hopeful in September

According to the Thomson Reuters/University of Michigan consumer sentiment index for September, consumers in the U.S. were much more upbeat about the economy; more hopeful actually than in the past four months. The index shows a rise in from 74.3 in August to 79.2 in the preliminary September report. Experts were actually expecting a fall in the numbers, down to just 74.0 but were pleasantly surprised by the upward spike.

Continue reading 07.09.2012. 17:01

Peregrine Financial Group Founder Released Pending Sentencing

Russ Wasendorf Sr., founder of Peregrine Financial Group could spend some time outside of his jail cell prior to sentencing. Jon Scoles, U.S. Magistrate Judge has ordered that Wasendorf be released from his Cedar Rapid jail cell as he awaits sentencing on charges of fraud.

Continue reading 03.09.2012. 16:57