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CNNMoney: Dollar falls as oil soars

The dollar fell against the euro and other major currencies on Friday as oil prices rose to a record near $128 a barrel. A rebound in construction of new homes did little to dispel economic gloom.

CNNMoney: Bonds fall on price inflation fears

Treasury prices fell Friday after rising oil caused investors to worry about rising inflation's erosion of fixed-income valuations.

CNNMoney: U.S. to suspend oil reserve shipments

The government said Friday that it would halt deliveries to the strategic oil reserves in July, a move many lawmakers have been calling for in an attempt to boost oil supplies and bring down gas prices.

Time.com: Bush to Saudis: More Oil Production

President Bush is appealing to oil-rich Saudi Arabia to increase production just as oil prices have hit another record high

CNNMoney: Crude jumps above $127

Oil prices spiked up to set a new record high price Friday morning after a whipsaw overnight session which saw the expiration of options and a mix of news.

CNNMoney: The dollar's short-lived comeback

The sick dollar may be getting a little healthier - but it is far from making a full recovery.

CNNMoney: Stocks surge on tech advance

Stocks rallied Thursday, with technology leading the way, as investors eyed the day's economic news, fluctuating oil prices and corporate deal-making activity.

CNNMoney: Dollar mixed on manufacturing data

The dollar was higher against the euro, but fell against the other major currencies late Thursday, tamped by weak American manufacturing and industrial output data.

CNNMoney: Oil prices waver, settle lower

Oil futures ended a whipsaw session slightly lower Thursday as the expiration of options played havoc with prices, driving crude near record high levels at times and down by more than $3 a barrel at others. Retail gas prices, meanwhile, advanced past $3.77 a gallon.

CNNMoney: Gas hits 8th straight record high

Retail gas prices hit record highs for the eighth day in a row, auto group AAA's Web site showed Thursday.

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