Business

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Stocks Close Lower, Crude Oil Falls Sharply

tarabird/iStock/ThinkStock(NEW YORK) — An early session rally fizzled and stocks closed lower on Wednesday. The Dow dropped 239 points whil the NASDAQ fell 55. The S&P also dropped 27 points. The declines were led by energy stocks as the price of crude oil fell Read More

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Gas Prices Down Seven Cents in Last Week

FeelPic/iStock/Thinkstock(NEW YORK) — Gas prices fell again in the last week, with the cost of the average gallon dropping by seven cents, according to the U.S. Energy Information Administration. The latest data shows the average gallon of gas around the country now Read More

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Bankrate Reaches $15 Million Settlement with SEC

iStock/Thinkstock(NEW YORK) — Bankrate has agreed to pay $15 million to settle accounting fraud charges brought by the Securities and Exchange Commission, the agency announced on Tuesday. The SEC also said three former Bankrate executives have been accused of Read More