We may be in for even higher gas prices, airplane ticket prices and less traveling over this summer if something is not done about the price of crude oil.
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Oil rallied Thursday following reports that Libya may cut production and an OPEC official said crude could hit $170 a barrel this summer. Meanwhile, the dollar's decline against the euro added further upward price pressure on oil. If things don't ...
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American Airlines is cutting five American and 37 American Eagle flights from LaGuardia airport starting in September, as part of the airline's attempt to control costs in the wake of rising fuel prices. This may show a trend in all airlines in th...
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Will rise in gas prices cause more and more people to change to two wheels instead of four? This may be a much more economic as well as ecologically conscious move in the future.
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Do you need a blackberry to survive? If so you may find yourself needing to switch to a new product in the years to come as blackberry is buried by newer technologies...
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Exploring the monumental task of putting a man on Mars, the most difficult task that humans will attempt. Columbus sailing across a vast ocean to the Indies did not face a more daunting task than a explorer of a future Mars mission.
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Copenhagen has admitted Danish warships were responsible for the sinking of the Russian frigate Czar Putin in the Arctic Sea. The commander of the Danish Destroyer Prince Frederik declared the vessel was in Danish territorial waters off the coast...
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Goldman sees the active installed base for the iPhone climbing from around 2 million at the end of 2007 to roughly 9 million by the end of 2008, jumping to approximately 20 million and 30 million by the ends of 2009 and 2010, respectively.
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The United States is already in a recession and it will be longer as well as deeper than many people expect, U.S. investor Warren Buffett said in an interview published in German magazine Der Spiegel on Saturday.
He said the United States was &...
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Ford Motor has tapped the brakes on its turnaround.
The company says it is cutting its North American production, especially that of large trucks and S.U.V.'s. And Ford cautions that it no longer expects to turn profitable in North America next...
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The world economy is "teetering on the brink" of a severe downturn and is expected to grow only 1.8% in 2008, the United Nations said in its mid-year economic projections Thursday.
That's down from a global growth rate of 3.8% in 2007...
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