Inflation is not near the Fed's target. On Monday, the latest reading on "core" PCE, the Fed's preferred measure of inflation which strips out the more volatile cost of food and gas, showed prices rose 1.4% over the prior year in February. The...Show More Summary
With lower gas prices, economists are predicting a spending surge over the next few months. TODAY financial editor Jean Chatzky shares ways to spend this spring, like snagging tickets to Europe and allergy shots.
GNC is implementing new testing procedures on its supplements following on investigation by the New York attorney general. Also, the price of gas is leveling off after a recent spike. Jill Wagner reports on the day’s top MoneyWatch headlines.
The Bergara B-14 Performance Series Rifle line offers hunters and sport shooters a high quality Bergara barrel and design at an affordable price. Duluth, Ga. (March 2015) – Bergara USA, a division of Blackpowder Products, Inc. (BPI Outdoors),...Show More Summary
Gasoline prices have plunged, but taxes are still a big part of the cost you pay. Find out whether your state gets hit hardest.
Yet consumers are still spending at a healthy clip despite winter chill and rising gas prices
Americans haven’t been this optimistic in a decade.
The Fed is going to raise rates in June. The labor market is rolling, the economy is humming along, and inflation is stable — excluding the decline in gas prices, which Fed chair Janet Yellen has called transitory. On Thursday morning, the latest report on initial jobless claims showed claims totaled 282,000 last week. Show More Summary
David N. Goodman/APSome areas of the country have already seen gas prices fall below $2 a gallon, including Detroit in January. The price of gasoline has plunged 30 percent in the past year to $2.45 a gallon nationwide, giving major relief to American consumers. Show More Summary
Crude oil prices have dropped dramatically since last summer. Strangely, over the same time period, gasoline prices have fallen much less. If a barrel of oil today costs less than half what it did last summer, why hasn’t the price people pay at the pump decreased a similar amount? Sweet or sour?...
Plummeting oil prices have serious ramifications for environment, health and safety software suppliers because the oil and gas industry is their largest customer base, according to a Verdantix report. After falling to a six-year low of less than $50 per barrel in January, oil prices are expected to stay low throughout 2015. This report helps […]
State senators investigating a recent surge in California pump prices at a Tuesday hearing grappled with price-fixing accusations and pressure to shift to alternative fuels.
``Keeping in mind that the job growth seen in America since the 2009 recession came primarily from the oil and gas industry, the fact that tens of thousands of high paying jobs are being eliminated does not bode well for the economy.''
2K Games has just put several of their 2014 releases on to deep discount as part of their spring sale. Been meaning to check out the iOS version of BioShock? [$10.99] Well, it's available at its cheapest price yet, for $2.99. The game is one of the best games of the past decade, and while
Consumer prices rose in February for the first time in four months as gasoline prices rebounded following a steep fall that has driven down inflation since the middle of last year.
David Paul Morris/Bloomberg via Getty Images By Lucia Mutikani WASHINGTON -- U.S. consumer prices rebounded in February as gasoline prices rose for the first time since June, and there were also signs of an uptick in underlying inflation...Show More Summary
Following the first YoY deflation since 2009 in January, February's CPI YoY data managed to scrape its way back to unchanged (very modestly better than the 0.1% drop expected). Consumer prices rose 0.2% MoM - the most since May 2014 with gas prices up MoM for the first time since June. Show More Summary
(Reuters) - Activist investor Carl Icahn raised his stake in Chesapeake Energy Corp to almost 11 percent even as the company continues to cope with low oil and gas prices. Chesapeake's stock rose 3.8 percent to $14.64 in late trade.Show More Summary
The price of gas plummeted in late 2014 and economists were talking about all the ways Americans would spend their extra gas savings. It turns out, they're just saving it. A note from Deutsche Bank on Monday notes that December retail sales beat expectations, but figures for both January and February have declined. Show More Summary