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 Gasoline prices continued to sink, falling for the 67th day in a row, according to a national survey of gas station credit card swipes released Sunday.The average price of gas in the United States fell to $1.929 a gallon, shedding 2.4 cents from the previous day, motorist group AAA said. Gas prices have shed $1.926 over the past 67 days, and have fallen more than 50% since hitting a record average price of $4.114 in mid-July.Gas has already dipped below an average of $2 a gallon in 36 states, and continues to sell below $3 on average in all states. Even in Alaska - which has the most expensive gas in the country - the average fell below $3 a gallon on Sunday. Gas was cheapest in Missouri at an average of $1.624, according to AAA. Diesel: The price of diesel fuel, which is used to power most trucks and commercial vehicles, fell to a national average of $2.848 a gallon from $2.868 a day earlier, according to AAA. Diesel prices have fallen more than 40% since hitting a high of $4.845 in July.Prices at the pump have been falling along with the price of crude oil, the main ingredient in all petroleum fuels. Crude investors have been concerned that as the global economy slows, demand for fuel will fade worldwide.Oil prices on the open market have fallen more than 60% since mid July. On Friday, oil futures settled at their lowest levels since May 2005. Ethanol: Meanwhile the price of E85, an 85% ethanol blend made primarily corn, has also fallen to $1.673 a gallon from $1.681, according to AAA.E85 can be used as a gas substitute in special configured "flex-fuel" vehicles. However it is difficult to find outside of the corn-producing Midwest region, and it is not sold at the pump in some states.The AAA figures, compiled by Oil Price Information Services, are state-wide averages based on credit card swipes at up to 100,000 service stations across the nation. These are state-wide averages, and individual drivers may see lower fuel prices in different areas of each state. |
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 The latest news from San Francisco inform that Bernard Madoff, known as ex-Nasdaq Stock Market chairman who founded the Bernard L. Madoff Investment Securities LLC, was recently put under arrest. According to FBI statements, the charges that were brought against him this Thursday concern the securities fraud accusation, particularly it deals with the so-called Ponzi scheme. As federal prosecutors declare, the Madoff’s case is connected with the losses of 50 billion dollars ...
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 Microsoft founder and the famous billionaire Bill Gates appealed with the propose to the new government leaded by the recently elected President to increase deficit costs for stimulation the economy in such rough times and assist the most defenseless representatives of the USA. A well-known philanthropist insisted on a point of view – fresh investments are crucial to constructing on new facilities and modernization of public education in the USA. He also insisted that problems of diseases abroad must be solved immediately, but without extra costs it wouldn’t be possible ...
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 President George W. Bush, in what could be his final overseas trip as president, called on international leaders to continue his administration's push for free trade despite the global financial crisis. |
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| Gasoline prices continued to sink, falling for the 67th day in a row, according to a national survey of gas station credit card swipes released Sunday. |
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 European stocks climbed Monday, lifted by the U.S. federal government's plan to rescue beleaguered financial giant Citigroup. |
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 Nov. 24 (Bloomberg) -- Citigroup Inc., facing the threat of a breakup
or sale, received $306 billion of U.S. government guarantees for
troubled mortgages and toxic assets to stabilize the bank after its
stock fell 60 percent last week. Citigroup also will get a $20 billion
cash injection from the Treasury Department, adding to the $25 billion
the company received last month under the Troubled Asset Relief Program. |
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 NEW YORK (CNN) -- Washington Mutual announced Thursday it will
eliminate 1,600 jobs in the San Francisco area, a company spokesman
said.
Employees will receive their 60-day notice December |
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 MIAMI (Reuters) - Like many other elderly Americans,
Edie Stark has been hard hit by the meltdown in U.S. financial markets.
She is 84 and has been worried a lot lately about outliving her savings. A retired nurse, Stark is a prime example of what financial planners coldly call "longevity risk" |
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 Life Plaza Center in San Gabriel used to teem with diners heading to
Green Village, a Chinese restaurant in the middle of the
horseshoe-shaped mall on Valley Boulevard.
But after the eatery closed five months ago, the 7,500- square-foot
space remained vacant. With no tenants stepping forward and fewer
customers clogging the parking lot, the plaza is quiet, with a
curiously dark core. |
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 U.S. Attorney General Michael Mukasey collapsed while giving a speech at a Washington hotel. He was taken to the hospital where he later was reported to be awake and talking. "The attorney general is conscious, conversant and alert," said Peter Carr, a Justice Department spokesman. |
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