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Natural gas falls on spell of balmy US weather

Natural gas prices are falling again as balmy weather stretches across most of the nation and supplies remain plentiful. Natural gas dropped 5 cents to $2.215 per 1,000 cubic feet in trading in New York. That’s the lowest price in a decade. The price has dropped about 26 percent this year. Warm winter weather has… Continue Reading Natural gas falls on spell of balmy US weather

Trade deficit widens to $48.8 billion in December

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Monthly U.S. exports to Europe grew in December, a hopeful sign after a steep decline the previous month. But, some economists remain concerned that the region’s debt crisis will still weigh on the U.S. economy this year. The Commerce Department said Friday that the overall trade deficit widened to $48.8 billion in December because imports… Continue Reading Trade deficit widens to $48.8 billion in December

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