Oil falls as spending cuts loom; pump prices dip
Oil fell Friday to its lowest level of the year on worrisome economic developments in the world's two largest oil-consuming nations. The price of ...
Stingier inflation gauge can cut deficit by $340B
A stingier definition of inflation across the government would cut the deficit by $340 billion over the coming decade according to a new estimate ...
Oil falls as US spending cuts loom
The price of oil fell Friday to its lowest level of the year on worrisome economic developments in the world's two largest oil-consuming nations.
Italy behind rise in eurozone jobless to record
Italy's voters gave their verdict on the austerity medicine they've been forced to take when they went to the polls earlier this week. By Friday, one ...
Oil ends lower as commodities retreat
The price of oil fell Thursday, as investors sold off commodities with the stock market surging toward a record high. Benchmark crude for April ...
US economy barely grew in Q4, but rebound likely
The weakest quarter for the U.S. economy in nearly two years may end up being a temporary lull. Economists think growth has begun to pick up on the ...
ADB president nominated to head Japan central bank
Japan's prime minister Shinzo Abe vowed to push ahead with more aggressive monetary easing as he Thursday nominated Haruhiko Kuroda to head the ...
Oil becalmed above $92 as US inventories rise
The price of oil was little changed Thursday as an increase in U.S. inventories kept demand in check. Benchmark crude for April delivery was down 15 ...
Oil gets small boost from US supply report
Oil prices found little momentum Wednesday, even amid more signs of an improving U.S. economy. Benchmark oil for April delivery rose 13 cents to ...
US pending home sales rise to highest since 2010
A measure of the number of Americans who signed contracts to buy homes rose in January from December to the highest level in more than 2 ½ years.
US economy showing strength as spending cuts loom
Even with automatic spending cuts looming, the outlook for the U.S. economy brightened a bit Tuesday after reports showed that Americans are more ...
Oil ends lower on Italy elections, crude supplies
The price of oil was lower Tuesday as investors weighed the implications of political uncertainty in Italy, the latest assessment of the economy from ...
Bernanke signals continued support for low rates
Ben Bernanke sent a message Tuesday to Congress: The Federal Reserve's low-interest-rate policies are giving crucial support to an economy still ...
US home prices post healthy gain in December
U.S. home prices rose at a healthy pace in December compared with a year ago, driven higher by rising sales and a smaller supply of available homes.
Oil falls as Italian election fuels market jitters
The price of oil fell below $93 a barrel on Tuesday, dragged down by the prospect that political uncertainty in Italy could rekindle Europe's debt ...
Bernanke will likely be pressed on Fed bond buying
Chairman Ben Bernanke will be pressed to clarify the Federal Reserve's approach to the still-sluggish U.S. economy when he testifies to Congress this ...
Oil price gains to above $94 on weaker dollar
The price of oil rose by more than a dollar Monday, to above $94 a barrel, as it recovered from sharp drops last week and echoed strong gains in ...
Oil levels off after 2 days of steep losses
The price of oil was little changed Friday after a 5 percent fall over the last two days. The drop in crude showed signs of slowing the upward spiral ...
Oil snaps 2 days of steep losses, gains modest
The price of oil broke two days of steep losses Friday and scrambled back to above $93 a barrel after official predictions that economic growth in ...
Wal-Mart outlook gives glimpse of economy
As the fortunes of many Americans go, so goes Wal-Mart, so goes the economy. Even as the world's largest retailer on Thursday reported an 8.6 percent ...
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 ...
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