| Sep 4, 2013
Across the nation, cities are taking advantage of deals for cheaper electricity made possible by low-cost natural gas. But not in five Chicago suburbs and more than 200 other Midwestern towns that made a big bet on coal.
Almost every month, Batavia,...
| Apr 14, 2013
Sandra Smith was starting her first day as a sales trader in Chicago.
Leaving her second post-college job at a hedge fund in New York, she was back in the city where she grew up and where several members of her family had worked in the financial trading...
| Sep 4, 2013
| 12:36 PM
President Barack Obama's vacillation on Syria — first delaying military action and then booting the decision to Congress — poses grave threats to U.S. prosperity.
Imminent military action, especially in the Middle East, instigates fears of...
| Dec 13, 2012
| 8:49 AM
Wholesale prices slipped 0.8% last month for the second straight month as gasoline prices plunged.
In its deepest dip since May, the Labor Department’s producer price index fell 0.8% in November after sliding 0.2% in October. The index rose 1.1%...
| Aug 29, 2013
| 9:17 AM
Crude oil prices began pulling back Thursday as momentum for a U.S. military strike on Syria stalled.
The price of light, sweet crude for October deliver fell 80 cents to $109.30 a barrel Thursday from a previous settlement price of $110.10 Wednesday. ...
| Aug 28, 2013
| 8:47 AM
The threat of a U.S. strike on Syria is roiling global oil markets and could cause temporary price increases at the pump.
The price of October U.S. crude oil continued to rally Wednesday, rising to $110.34 a barrel -- a 1% increase. Brent crude oil was...
| Jul 5, 2013
| 9:03 PM
This has been a tough year for emerging-markets investors.
Fueled by unrest in Brazil and a sluggish economy in China, the broad MSCI emerging-markets index is down 14% this year. The drop has been led by stock market sell-offs in Brazil (-26% in...
| Apr 12, 2013
| 4:32 PM
If government projections hold true, Americans this year will pay the lowest summer gas prices they have in two years. The U.S. Energy Information Administration reported this week that the price for a gallon of regular gas is expected to......
| Nov 13, 2012
| 4:44 PM
Alvin Roth earned his 2012 Nobel Prize in economics for market design and matching theory — creating ways to pair "buyers" and "sellers" happily and fairly when price isn't a primary consideration. For instance? Kidney exchanges, in which cost can't...
| Apr 25, 2013
| 6:11 PM
Baltimore Gas and Electric Co. said Thursday that energy prices will rise $6 a month for the typical residential electricity customer who doesn't use an outside power supplier, the first jump in energy prices in four years.
That rise in costs, running...
| Oct 8, 2012
| 8:20 AM
SAN DIEGO- Gov. Jerry Brown Sunday ordered California smog regulators to allow winter-blend gasoline to be sold in California this month, a move intended to reverse a sudden scare in the wholesale gasoline market that saw prices shoot up nearly 50...