The payments range from more than $1 million to Springfield to $50,000 apiece to nearby Ludlow, Wilbraham, East Longmeadow and Holyoke. West Springfield, for example, is spending $665,000 from MGM Resorts International toward the reconstruction of Memorial Avenue, which will be a main access point to MGM's planned $800 million casino in nearby Springfield.» Read More
Alex Sink, Florida Chief Financial Officer, said this morning she is not in favor of off shore drilling because of the negative effect it would have on Florida’s economy.
Sales of manual -- or push reel -- mowers with the cartwheeling blades are on the rise this year as gas becomes more expensive.
Real estate giants gathered in New York City on Thursday for the Bank of America Homebuilder Conference. CNBC has the highlights from the conference.
Ernesto Evangelista prefers to pump premium gas into his seven-month-old Nissan Titan, thinking it makes the truck run better.
U.S. and Chinese officials agreed Wednesday to launch negotations on a bilateral investment treaty and to expand their cooperation on energy and environmental issues, but differences remained on how quickly Beijing should liberalize its markets
Several new products on the market aim to replace interest payments (and high reverse mortgage costs) with an unknown share of future profits.
CNBC asked real estate experts for their insight on the economy, the housing market and commercial real estate.
Parts of Australia's key Murray-Darling river food bowl may be beyond recovery unless a prolonged dry spell and political wrangling over water use ends by October, a leaked scientific report warned on Wednesday.
China intends to make its energy prices better reflect market fundamentals over time, but needs to move cautiously because of concerns about inflation, an official said on Tuesday.
President George W. Bush will make an announcement on Wednesday about energy and call on Congress to pass legislation lifting a ban on offshore oil drilling, the White House said.
World crude oil production has topped out at 85 million barrels per day even as demand keeps climbing, helping to drive a stunning surge in prices, billionaire oil investor T. Boone Pickens said on Tuesday.
Energy prices have doubled over the past year, and to better understand why, CNBC asked prominent executives, politicians and analysts for their insight.
With the credit crunch weighing on consumers' wallets, tap water is making a comeback.
Protests against surging fuel prices which have triggered fears of political instability and a global economic downturn expanded in Asia Tuesday, with Colombian truckers joining the wave of strikes and a South Korean labor union announcing a fresh strike scheduled for next month.
Saudi Arabia's pledge to boost oil production by 500,000 barrels per day may not be achievable, a source close to the Saudi oil industry told CNBC.com.
Protests against surging fuel prices which have triggered fears of political instability and a global economic downturn expanded in Europe and Asia on Monday, and Colombian truckers said they would join the wave of strikes.
The International Monetary Fund is opposed to general fuel subsidies to counter the high price of oil, and would prefer measures that target the poor, IMF chief Dominique Strauss-Kahn said in a newspaper interview.
Energy prices have been absolutely sizzling hot, more than doubling the last 12 months. And with heavyweights like Goldman Sachs predicting that prices will hit $150 a barrel by this summer, everyone -- from producers to governments to motorists -- has been obsessed with where oil prices are going.
Russia's Gazprom, the supplier of a quarter of Europe's natural gas, expects the price of crude oil to almost double as the decade draws to a close, taking gas prices with it.
Saudi Arabia's oil output increase by almost 500,000 barrels a day this quarter, to 9.54 million barrels, CNBC has learned from sources in the Saudi Oil Ministry.