| Feb 26, 2015
| 7:08 AM
WASHINGTON (AP) — A plunge in gas prices last month lowered consumer prices by the most in six years. But excluding the volatile food and energy costs, prices rose.
The Labor Department said Thursday that the consumer price index fell 0.7...
| Feb 24, 2015
| 2:30 PM
Another intermission in the Greek debt drama and pacifying words from Federal Reserve Chair Janet Yellen have lifted stocks once again to new record highs.
Yet neither Greece nor the Fed is probably done unnerving investors for long. Stresses over...
| Feb 24, 2015
| 5:59 PM
Federal Reserve Chairwoman Janet L. Yellen greased the wheels for an eventual interest rate hike, but she made clear that she was keeping her options open on the timing of any such move.
Appearing for the first time before the new Republican-...
| Jan 28, 2015
| 11:56 AM
Federal Reserve policymakers kept their benchmark interest rate near zero and reiterated a plan to be patient about future hikes, even though they issued a more upbeat assessment of the U.S. economy.
Fed officials said in a policy statement Wednesday...
| Jan 23, 2015
| 7:15 AM
Who knew that National Football League referees, in addition to their vast duties policing a chaotic game chock full of borderline violence, must also make sure nobody messes with the inflation level of the balls?
Do our beleaguered zebra-shirted...
| Jan 22, 2015
| 1:50 PM
The sports world is aghast at Deflategate, where the New England Patriots allegedly used deflated footballs in last week's AFC championship game.
High school football has the same rules as the NCAA and NFL: Balls have a required inflation range of 12 1/...
| Jan 29, 2015
| 3:48 PM
Filling up at the gas station has been a much more pleasant experience for Americans since last fall. Regular gas is now less than $2 a gallon in many states, down from around $3.30 just a year ago.
But how long will that last? It’s just one of...
| Jan 30, 2015
| 5:09 PM
Now comes the tough part for Federal Reserve Chairwoman Janet L. Yellen.
After winding down the central bank's bond-buying stimulus without roiling financial markets, Yellen begins her second year on the job next week with the more difficult task of...
| Jan 31, 2015
| 12:35 PM
Reports of evidence of cosmic inflation may have been, well, overblown.
When the BICEP2 team announced last year that they had found signs of cosmic inflation, the universe’s powerful growth spurt that had been predicted but that had never been...
| Jan 16, 2015
| 7:29 AM
Plunging energy prices last month led to the biggest decline in the cost of living in six years, keeping inflation well below the Federal Reserve's target and possibly complicating plans for the central bank to start raising interest rates.
| Jan 22, 2015
| 8:29 AM
The transcript of Patriots head coach Bill Belichick's Thursday press conference as provided by the Patriots media relations staff:
Bill Belichick opening statement: I'll start out by addressing the football issue here. When I came in Monday morning,...