G-8 energy chiefs meet as oil soars (AP)

Oil falls to $60 as China spending optimism wanes (AP)
AP - Oil prices fell to near an 18-month low of $60 a barrel Tuesday in Asia as optimism waned that a huge Chinese spending plan will avert a prolonged slowdown in the global economy.

Oil steady at $61 after 2-day plunge (AP)
AP - Oil prices were steady near $61 a barrel Friday in Asia, pausing after a two-day plunge, but vulnerable to another steep fall as evidence of a severe U.S. recession continues to mount.

Asian markets slide further; Nikkei at 26-year low (AP)
AP - Asian stock markets resumed their slide Monday, with Japan's Nikkei stock index falling to a 26-year low, as government rescue measures failed to ease fears of a prolonged global...

Bush urges nations to show patience in bad economy (AP)
AP - President Bush said Saturday that despite diving stock markets and fears of global recession, now is not the time for nations to abandon open market policies or approve changes that...

The Fed Shouldn’t Escape Blame for Investment Bubbles
If you haven’t noticed, gas prices are back down. In fact, oil has been on one heck of a ride, going from $70 a barrel up to over $140 a barrel and back down to $70 in just one year. The...