new york mercantile exchange

Folks, $4 gas isn’t going away any time soon.

Here in Kansas City, MO, the gas prices are nearing $3.70 a gallon. And with news like this, I’m guessing we’ll see $4.00 very soon.

A former director of the New York Mercantile Exchange faces jail after admitting fraud linked to commodities trading.

A former director and head of the New York Mercantile Exchange's compliance committee pleaded guilty Tuesday to cheating clients.

New York Mercantile Exchange energy trader Steven Karvellas, a former NYMEX director, is pleading guilty Tuesday to cheating clients.

The New Green Exchange, part of the New York Mercantile Exchange, launches Monday with an offering of futures contracts tied to the cost of pollution in Europe.

A company can reduce its carbon emissions and then make some cash by selling the right to pollute to another company.

» E-Mail This     » Add to Del.icio.us

More signs that point to the economy being THE issue this fall.

From the AP:

The surging price of oil reached another milestone Monday, jumping to an inflation adjusted record high of $103.95.