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Better start stocking up on diapers and detergent. Consumers hit hard in recent months by sharply higher prices for gasoline and food should prepare to start paying more for various household items following Dow Chemical Co.’s decision to raise its prices by up to 20 percent to offset the soaring cost of energy.
NEW YORK - Stocks dropped Wednesday, extending investors' losses for the third straight session and pushing the Dow Jones industrial average below 11,000 for the first time since March 9.
NEW YORK - Wall Street ended an aimless session barely lower Thursday after investors shrugged off comments about productivity by Federal Reserve Chairman Ben Bernanke and awaited the government's August employment report. The major indexes ended August with gains.
NEW YORK - Wall Street slumped Tuesday as investors looked past another round of acquisitions and grew increasingly anxious about the Federal Reserve's upcoming decision on interest rates. The Dow Jones industrials tumbled more than 120 points.
“I love the Vent. It lets me believe that there are Americans out there with a brain.”
NEW YORK — Stocks soared in the U.S. and Europe Thursday after the European Central Bank president vowed to "do whatever it takes" to preserve the continent's monetary union.
NEW YORK - Stocks jumped as U.S.-led troops swept into Baghdad and seized a presidential palace Monday, giving investors hoping for a swift end to the war. But a burst of late-day profit-taking left stocks just modestly higher.
WASHINGTON - New claims for unemployment benefits reached their highest level in 26 years last week, as companies cut workers at a rapid pace.
WASHINGTON - Soaring energy costs pushed inflation up in May at the fastest pace in six months. Food costs kept rising, too, and all signs are pointing to more bad news on gasoline, oil and food in the months ahead.
WASHINGTON - Consumer prices rose modestly in June and manufacturers boosted production by the largest amount since the beginning of the year, a pair of hopeful signs for the economy’s revival.
NEW YORK - Wall Street extended its decline Monday as concerns about a market correction offset investor optimism that acquisition activity is on pace to set a record this year.
OMAHA, Neb. - Billionaire Warren Buffett remains confident that America's best days are ahead, but he says the nation likely will face higher unemployment and eventually inflation because of the current economic crisis.
NEW YORK - Wall Street ended an erratic session essentially flat Monday as investors grew anxious about upcoming first-quarter earnings and the possibility that interest rates won't be declining anytime soon. A $2 drop in oil prices lent support to the major indexes.
Oil companies began closing Texas refineries Wednesday, threatening the supply of gasoline to the nation's pumps as Hurricane Rita grew more violent and took aim at a stretch of Gulf coast that holds one-fourth of the nation's oil-refining capacity.
NEW YORK - A stock market gaining in confidence shot higher for a second straight session Monday as investors bet that President-elect Barack Obama's plans to increase infrastructure spending will help lift the economy back to health. The major market indexes jumped more than 3 percent, and the Dow Jones industrials' nearly 300 point advance gave the blue chips their highest close in a month.
NEW YORK - Wall Street skidded lower Tuesday after comments from Federal Reserve Chairman Ben Bernanke and a strong reading on the service sector suggested the central bank has little reason to lower interest rates.
NEW YORK - Wall Street rebounded Tuesday, rising moderately as crude oil surged more than $2 a barrel and triggered a rally among energy producers. Investors regained their optimism about corporate profits after a series of positive earnings reports.
NEW YORK - Another late rally gave Wall Street a modest advance Friday despite a spike in oil prices and a lower-than-expected hike in the gross domestic product that raised new questions about the economy. The major indexes ended the week higher for the first time in over a month, but ended July with steep losses.
The atmosphere of hope that surrounds job hunters across the country is extending to college seniors as well.
More than half a dozen states suing to overturn President Barack Obama's health care law are also claiming its subsidies for covering retired state government employees, according to a list released Tuesday by the administration.
NEW YORK - Wall Street edged higher in an erratic session Monday as investors were reassured by a drop in Treasury bond yields yet still remained cautious as second-quarter earnings season kicks off this week.
NEW YORK - Wall Street finished an extremely erratic session with a modest decline Tuesday as investors parsed unimpressive data on home sales and consumer confidence and awaited the Federal Reserve's meeting on interest rates.
A Mesa company says it can help Americans slim down if they just breathe. Kemeta LLC, 2222 S. Dobson Road, has developed a palm-size sensor that tells how fast the user is burning fat just by exhaling into the device.
WASHINGTON — Worker productivity, the single biggest factor determining living standards, grew at the fastest pace in nearly six years in the spring while labor costs fell by the most in nine years, as companies slashed costs to survive the recession.