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Record high News

Oil hovers near $70 highs while U.S. and Canada output increases

Oil prices started the week just below $70 on Monday, pressured by a rising U.S. rig count, even as the price of crude continues to hover near record three-year highs.

US food stamps use hit a record 42.2 million in Thanksgiving

According to statistics released by the Economic Policy Institute, about 42.2 million Americans used food stamps this Thanksgiving. This is a new record high, according to nonprofit government watchdog group, The Sunlight Foundation.

Global food prices surge for 8th straight month, hit record high

Rome - A UN agency reports global food prices rose in February for the eighth consecutive month - reaching a record high since the agency began monitoring them 20 years ago - with fears they will continue to rise because of a volatile international oil market.

Report: Civilian deaths in Afghanistan reach record high in 2010

Kabul - A new report released on Tuesday shows violence in Afghanistan reached record levels in 2010 and as a result, had “catastrophic impacts” on the war-torn country that led to at least 2,421 civilian deaths for the year.

Gold reaches record high of $1,200

Last week, gold was trading just below $1,200USD and then contracted to $1,186 but on Tuesday morning gold hit the $1,200 mark.

Oil Prices Reach New High

Oil prices have reached a record high amid concerns that disruptions in Nigeria and the North sea will interfere with supply. The price of a barrel of sweet crude is now 78.71 up 31 cents from the previous high in 2006.

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