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Oil prices down sharply for a 2nd day
Oil prices plunged for a second day Thursday, raising hopes that a relentless rise in gasoline prices may slow or reverse at least temporarily. U.S.
THE RESET: Obama, GOP battles don't affect Fed job
While the White House and Congress lurch combatively from one budget crisis to the next, another Washington institution has been bolstering the ...
US consumer prices flat in January for 2nd month
U.S. consumer prices were flat in January from December for the second month in a row, the latest sign inflation is in check. That could give the ...
Oil prices drop below $94 a barrel in Europe trade
The price of oil continued falling and was below $94 a barrel Thursday on signs some Federal Reserve officials are uncomfortable with the current ...
Bulgarian gov't resigns after violent protests
Elena Hristova, a 73-year-old retiree, had always paid her bills on time. But when she received an electricity bill that amounted to 60 percent of her ...
US wholesale inflation still mild despite increase
U.S. wholesale prices rose only slightly in January after three straight declines, the latest sign that inflation is posing no threat. It means the ...
BoE governor backed more stimulus for UK economy
The Bank of England expressed growing concern over Britain's economy and came surprisingly close to backing another monetary stimulus in a move that ...
US futures mixed on housing, prices data
U.S. stock futures were mixed with the government reporting Wednesday that homebuilding slowed during the first month of the year. Dow Jones ...
Oil price hovers around $97 ahead of US data
The price of oil hovered around $97 a barrel on Wednesday ahead of the release of U.S. housing starts for January. By early afternoon in Europe, ...
Oil follows stocks higher
The price of oil rose slightly Tuesday, following stocks and continuing a run-up that began two months ago. Benchmark crude for March delivery rose ...
Oil hovers beneath $96 on US, Europe growth fears
The price of oil hovered below $96 a barrel Monday, weighed by data released late last week which showed that U.S. industrial production weakened and ...
Economic policies roil Venezuela car market
Venezuela may be the only country in the world where a new car becomes more expensive the instant it's driven off the dealership lot. Buying a used ...
Oil under $96 a barrel on US industrial data
Oil prices fell below $96 a barrel Friday after disappointing U.S. industrial production data fed concerns about the nation's economic recovery.
Oil under $97 a barrel as Europe economy slumps
Oil prices fell below $97 Friday a day after disappointing European economic figures highlighted the region's parlous growth outlook. By early ...
Iran bans pistachio exports to control price hike
Iran has ordered a six-month ban on pistachio exports to try to control the price of the nut, which doubled in the past month. Pistachios are among ...
Oil rises above $97 per barrel
The price of oil rose above $97 per barrel Thursday, reversing Wednesday's small drop. In New York, crude rose 30 cents to finish at $97.31 per barrel
Oil struggles as GDP falls in Germany, eurozone
The price of oil hovered around $97 a barrel on Thursday after fresh data showed that the economies of the 17 countries sharing the euro currency ...
India inflation drops to 3-year low of 6.6 percent
India's stubbornly high inflation eased to a three-year low of 6.6 percent in January, a glimmer of good economic news that adds to expectations the ...
Obama, business groups differ on minimum wage plan
President Barack Obama says raising the minimum wage to $9 an hour and tying future increases to inflation will boost the incomes of millions living ...
Venezuela devalues currency amid dollar shortage
Venezuela devalued its currency on Wednesday amid questions about how the government can get a grip on 22-percent inflation and satisfy growing demand ...
BOE to tolerate inflation rise as it helps economy
The Bank of England predicted Wednesday that the U.K.'s inflation rate may hit 3 percent by summer — but pledged to tolerate the increase in an ...
Oil gains on report showing lower US crude stocks
The price of oil moved up closer to $98 a barrel Wednesday, spurred on by a report indicating a fall in U.S. crude stockpiles. By early afternoon in ...
Corn shortage idles 20 ethanol plants nationwide
The persistent drought is taking a toll on producers of ethanol, with corn becoming so scarce that nearly two dozen ethanol plants have been forced ...
Venezuela sharply devalues its currency
Venezuela's government announced Friday that it is devaluing the country's currency, a long-anticipated change expected to push up prices in the ...
China's trade picks up, inflation eases
China's trade picked up and inflation eased in January as a shaky economic recovery gained traction. Much of the change was due to the Lunar New Year ...