Dollars & Sense: Brace for higher gas; cool Motorola Xoom
February 24th, 2011
08:28 PM ET

Dollars & Sense: Brace for higher gas; cool Motorola Xoom

A roundup of today's CNNMoney news

Economy faces new threats: A spike in oil prices due to spreading unrest in the Middle East is the problem earning the most attention, but it's not the only one. Economists are also worried about the push to cut government spending, the end of stimulus from the Federal Reserve and the bull market in stocks running its course. Meanwhile, drivers should brace for higher gas prices.

Swiss government freezes Gadhafi’s assets: The move comes after ten days of protests that have cost Gadhafi control of eastern Libya and led prominent members of his own government to defect and join demonstrations.

Democrats urge Obama to tap oil reserves: Massachusetts Rep. Edward Markey, Connecticut Rep. Rosa DeLauro, and Vermont's Peter Welch said soaring energy prices stemming from supply disruptions and rampant speculation in the oil markets are making it hard on American consumers and businesses.

America’s smartest states: Looking for highly educated workers? If so, check out these 10 states, which top the rankings for educational attainment.

Motorola Xoom is better than iPad: The first tablet using Google's Android 3.0 Honeycomb has a 16-by-10 inch display, video chat, and will be upgradeable to 4G.

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Filed under: Barack Obama • Dollars & Sense • Economy • Education • Egypt • Politics • Technology
soundoff (7 Responses)
  1. raven

    I wanna xoom!!

    February 24, 2011 at 8:32 pm | Report abuse |
  2. Cesar

    I want Obama to tap our oil reserves, and see it in the news through my 4G Android 3.0. Honeycomb 16 X 10 inch display.

    February 24, 2011 at 8:50 pm | Report abuse |
  3. Welcome to libiral e ya

    yes.. Obama must aid in the war againts liberal drugs just as petreus does it. Its only fair. And so then for those americans now leaving the drug trades in liberal e ya for the clean streets of america we say welcome to stabile oil prices. Myself i prefer those free countries where no one cares about oil because they already have it and superior culture as well. Indian tribes are like john wayne reruns.

    February 24, 2011 at 9:40 pm | Report abuse |
  4. Pushing my Yugo

    We are headed for a double dip recession when oil shoots through the roof and gas tops 5 a gal by memorial day weekend. And Nobama isn't doing a thing to tap natural reserves or open up domestic drilling to make a difference. RINOs aren't helping much either in this regard.

    February 25, 2011 at 1:29 am | Report abuse |
  5. Shady

    I think the middle men on wall street are back to their old tricks again! I really hope SOMBODY is watching them? They will crush us again! Watch out for get rich quick republicans,teabaggers,bankers,ceo,s,ect. The blind have voted them in again? HELP!!!!!!!!

    February 25, 2011 at 10:37 am | Report abuse |
  6. Tomaz

    blame high prices not on the unrest sweeping through africa and the middle east. The people living with the weights of traded injustice from neo-liberalist dictator-planters have had it enough, and they've decided to find justice after decades of made, supported and glorified oppressions. The pricemaker is at fault for sowing coruptions as a chemical product for his faster growing and cheap profits! Doing the same foul things politically and militarilly brought us to this redsea for freedom. Until we do honest and ethical diplomatic business with the world, we can start thinking about burying lower incom families. With price on the rise, poor people will soon loose their seats in a society where only rich folks has voice to be heard.

    February 26, 2011 at 6:59 am | Report abuse |
  7. Ancient Texan

    There is probable price gouging going on by the oil companies, but the unrest in the middle east is creating panic in the price of oil. The Obama administration has no interest in expanding domestic production and still has a moratorum on drilling in the Gulf of Mexico. $5 dollar gasoline is coming and fits right into Obama's plan to push his "green" cap and tax agenda.

    February 26, 2011 at 9:01 am | Report abuse |