The American Petroleum Institute says private and public pensions and retirement plans hold 47% of natural gas and oil company shares.
The automotive sector could be one of the economy’s worst-hit victims if the fiscal cliff is not resolved by the end of 2012, according to research firm IBISWorld.
FOMC maintains low levels for federal funds rate at 0% to .25%.
The Federal Reserve’s Open Market Committee announced Wednesday it will keep the target range for the federal funds rate at 0% to 0.25%.
Calling it a "multilevel Ponzi hydra" that promised sky-high returns in the crude oil bond market, the Michigan Office of Finance and Insurance Regulation said it has stopped a Ponzi scheme