- ‘Welcome to the edge of freedom’: Biden’s boots touch down in DMZ
- Obama: Hole U.S. ‘digging out of’ requires billions more in unemployment benefits
- Obama’s regulatory agenda will cost U.S. economy $143B next year: report
- Patriot Act author on James Clapper: Fire, prosecute him
- Russia P.M. Medvedev: No amnesty for political prisoners
- Michigan GOP Senate hopeful reminds government is the ‘servant’
- Christmas, by Congress: Members mull a 15-cent tax on trees
- U.S. unemployment falls to five-year low of 7 percent; 203K jobs added
- World mourns Nelson Mandela and celebrates his life; burial set for Dec. 15
- Bill O’Reilly reminds: Nelson Mandela ‘was a communist’
Economy Briefs: Gas hits $3.50 a gallon after 5% jump in July
Gasoline is at $3.50 per gallon for the first time this summer after a sharp run-up in July.
The price of gas this month gained 17 cents per gallon, or 5.1 percent. It was the first monthly increase since March. The nationwide average was last at $3.50 per gallon on June 19.
Drivers enjoyed a long stretch of declining prices at the pump as oil fell from more than $100 per barrel in March to less than $78 by late June. The average price at the pump fell by 60 cents per gallon in about three months, but oil rose 13 percent from its June low on renewed concerns of supply disruptions in the Middle East and the usual increase in demand in the warmer months. Oil ended July at $88.05 per barrel.
Verizon settles probe into ‘tethering’ block
NEW YORK — In the first move of its kind, the Federal Communications Commission said Tuesday that it is accepting a $1.25 million settlement from Verizon Wireless to end an investigation into whether the company asked Google Inc. to withhold so-called “tethering” software for Internet sharing.
Until recently, phone companies charged extra fees to allow tethering, or sharing, of Internet access between devices.
Applications stores, such as those run by Google and Apple Inc., have worked with carriers and restricted apps that try to circumvent those fees. But Verizon’s LTE network, which went live in late 2010, uses a slice of the airwaves that carries special conditions — the carrier is not allowed to block any lawful applications from devices on the network.
Midtown Manhattan Penthouse is listed for $100 million
NEW YORK — What will $100 million buy you in New York City’s real estate market? Apparently, a really good view.
An exclusive listing is offering an octagon-shaped penthouse in midtown Manhattan that boasts three floors of living space, panoramic views of the city, six bedrooms, nine bathrooms and a wine room for 1,000 bottles.
The 8,000-square-foot apartment on West 56th Street also has its own elevator and wraparound terraces on three floors. It is possible to see nearly all of the city’s bridges from its 135 windows.
The penthouse is being sold by Long Island real estate developer Steven Klar, who purchased it for $4.5 million in 1993 and spent at least as much renovating it.
- Bill OReilly reminds: Nelson Mandela was a communist
- Obama administration issues permits for wind farms to kill more eagles
- Spike in battlefield deaths linked to restrictive rules of engagement
- Kill team: Obama war chiefs widen drone death zones
- Rush Limbaugh: Obama trying to make Mandela death about himself
- Obama: Hole U.S. 'digging out of' requires billions more in unemployment benefits
- Activists urge Obama to go rogue, sidestep Congress
- NAPOLITANO: Pope Francis should be saving souls, not pocketbooks
- Colorado judge: Bakery owner discriminated against gay couple
- PRUDEN: British press horrified as London's new mayor dares to proclaim the truth
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