U.S. Crude Oil Price Pulls Even With International Benchmark

Posted On January 14, 2015

(Undated) -- The current oversupply of oil is making U.S. crude much better bet in the international marketplace. West Texas Intermediate crude briefly traded higher than Brent crude earlier this week. Prices for both Brent and WTI are staying well below 50 dollars a barrel as worldwide supplies continue to run ahead of demand. But…

Pizza Hut To Sell Gluten-Free Pizza

Posted On January 14, 2015

(Undated) -- Pizza Hut is going gluten-free. The chain will be rolling out gluten-free pizzas at approximately 24-hundred of its more than six-thousand locations nationwide starting today. The move comes two years after rival Domino's introduced a pizza sold with a gluten-free crust, but not entirely gluten-free. Pizza Hut will be the first major pizza…

Orange Crop Expected To Be Lowest On Record

Posted On January 13, 2015

(Undated) -- Florida's orange crop may be the smallest ever recorded. New estimates from the U.S. Department of Agriculture predict a five-percent drop in orange production, to 103-million boxes. That's below the 104-million boxes harvested last year, a record low. Compare those figures to the peak 1997-98 season when growers produced 254-million-boxes of oranges. Since…

Stocks Close Down After Early Rally

Posted On January 13, 2015

(New York, NY) -- Stocks closed in negative territory Tuesday with energy shares and commodities dragging the markets down. The Dow Jones Industrial Average closed down 27 points to 17-614 and the Nasdaq edged three points lower to 46-61. The S&P 500 shed five points to end the session at 20-23. The Dow had been up…

Report: US Dollar Could Soon Equal Euro

Posted On January 13, 2015

(Undated) -- One U.S. dollar could soon be worth one euro. A new report by Goldman Sachs predicts a resurgent American economy will allow the U.S. dollar to catch up with the euro by the end of next year. While the greenback has gained strength in recent months, the euro is weakened by slow European…