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New Navy submarine completes trials


NEW YORK, July 6 (UPI) -- A weak jobs report sank the price for a barrel of crude oil, which lost $2.77 to close at $84.45 per barrel Friday on the New York Mercantile Exchange.
The U.S. Labor Department reported 80,000 jobs were created in June. The unemployment rate remained unchanged at 8.2 percent.
Natural gas settled down 17 cents to $2.78 per million British thermal units.
Gasoline dropped 5 cents to end the session at $2.72 a gallon.
Home heating oil shed 6 cents to settle at $2.71 a gallon, its largest one-day percentage decline since June 21. The product was unchanged on the week, however.
At the pump, the national average price of unleaded gasoline gained 2 cents, reaching $3.358 per gallon from Thursday's $3.338, AAA said.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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