European Prices Continue to Fall, Fueling Concerns
PARIS — Europe experienced a third straight month of falling prices in February, adding to worries about possible deflation, official data showed on Monday, but the jobless rate ticked down…
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PARIS — Europe experienced a third straight month of falling prices in February, adding to worries about possible deflation, official data showed on Monday, but the jobless rate ticked down…
But crude prices are still very low. Weakening economies in Europe and Asia, as well as more fuel efficient vehicles, have all cut worldwide demand for crude. An increase in…
But crude prices are still very low. Weakening economies in Europe and Asia, as well as more fuel efficient vehicles, have all cut worldwide demand for crude. An increase in…
This post was originally published by Kaiser Health News (KHN). Kaiser Health News (KHN) is a nonprofit national health policy news service. Buying health care in America is like shopping…
2. Slippery oil politics: There’s been talk that OPEC could hold an emergency meeting to discuss the recent sharp drop in oil prices. Nigeria’s oil minister, who also acts as…
Visiting Mickey and Minnie just got more expensive. The Walt Disney Co. raised ticket prices to attend Disneyland, Walt Disney World and the rest of its U.S. theme parks, effective…
Moody’s Investors Service says it has cut Russia’s credit rating to junk grade, citing the crisis in Ukraine and a slide in oil prices and the ruble. – The Russian…
Moody’s Investors Service says it has cut Russia’s credit rating to junk grade, citing the crisis in Ukraine and a slide in oil prices and the ruble. – The Russian…
HOUSTON — The global benchmark price for oil rallied above $60 a barrel on Friday for the first time in 2015, but analysts warned that growing stockpiles were hanging over…
This year, perhaps more than ever, kisses may not come cheap. At least not those made of chocolate on Valentine’s Day. The price of cocoa, the main ingredient in most…
LONDON — The Bank of England expects consumer prices this year to continue to fall, with the possibility of inflation dipping into negative territory, the central bank said Thursday morning….
Good news about gas prices leads an improving economic outlook. Only a third of Americans consider Brian Williams trustworthy. And a majority says the measles now pose a bigger threat…
HOUSTON — Halliburton announced on Tuesday plans to lay off about 7 percent of its work force, or 5,200 to 6,400 workers, in response to plummeting oil prices. Halliburton and…
That means not only has OPEC lost its biggest customer (America), but it no longer has the ability to manipulate prices to its own advantage. Morse is no obscure analyst….
BATON ROUGE, La. — In recent weeks, the office of Gov. Bobby Jindal of Louisiana has issued news releases about the “mindless naïveté” of Hillary Rodham Clinton, the folly of…
In Saudi Arabia, drivers pay roughly 45 cents a gallon to fill up their cars, and in Venezuela even less. Energy is so inexpensive in Kuwait and Qatar that residents…
MOSCOW — With oil prices down more than 50 percent in the past year and still falling, the ruble having lost more than half its value, a recession looming and…
But Castro said he is confident that 2015 can be “a year of housing opportunity.” Falling gas prices, easing home prices and low interest rates mean “more folks will have…
LONDON — Chevron said on Friday that it would abandon efforts to find and produce natural gas from shale rock in Poland, in perhaps the biggest setback yet to fledgling…
Concern over gas prices has fallen steeply in the past few months, but a gas tax hike remains unpopular. The percentage of Americans for whom gas prices are at least…
In the past few years, many buyers have held out until the last minute and, in fact, got a good deal as prices fell in the days leading to the…
LONDON — Royal Dutch Shell said on Thursday that earnings in the fourth quarter of 2014 rose as improved performance in marketing and refining offset the effects of lower oil…
WASHINGTON — In its most upbeat economic assessment since the recession, the Federal Reserve cited “solid” economic growth and “strong” job growth in a statement issued Wednesday that suggested the…
Related: One dollar could soon equal one euro Consider that Microsoft (MSFT, Tech30) reported solid earnings Tuesday, but its shares dropped as much as 10% because it’s forecasting weaker sales…
However, retail prices could drop if stores have to start discounting because of an unrelated trend: increasing demand for colored stones over diamonds. “As [retailers] try and become more competitive…
A home in Vegas: RealtyTrac identified several markets with the most potential for boomerang buyers. They include cities that were hit hard by the foreclosure crisis, but now have home…
Sky-high prices during Superstorm Sandy led to Uber’s current policy. The New York Attorney General’s office negotiated the policy with Uber, and said the company agreed to “limit prices during…
By Luc Cohen NEW YORK, Jan 25 (Reuters) – The average price of a gallon of gasoline in the United States fell 13.3 cents in the past two weeks, falling…
Oil prices tumbled from $116 per barrel to less than $50 in just six months, with the fall accelerating after OPEC decided in November not to cut production. Lin’s comments…
LONDON — Battered by a sharp decline in oil prices, Iraq is asking Western allies to provide weapons on credit for its fight against the Islamic State until Baghdad is…