Gold hits record before slipping

Gold hit a fresh record above $1,398 an ounce on Monday before a rebound in the dollar caused prices to retrace, though short-term sentiment remains upbeat. A move by the U.S. Fed last week announcing plans to buy $600 billion in Treasurys…

Oil price hits $87 per barrel in Asia

Oil hovered near $87 a barrel Monday in Asia after a jump in new U.S. jobs suggested demand for crude could improve. Benchmark oil for December delivery was up 10 cents at $86.95 a barrel at late morning Bangkok time in electronic trading…

$27.5m settlement for 9/11 workers

A group of workers who claimed they suffered health problems as a result of being exposed to debris from ground zero during its removal and transfer to a landfill on Staten Island stand to receive $27.5 million in a settlement announced on…