| Dec 11, 2014
| 7:49 PM
Karl Otto Poehl, the Bundesbank president who managed the introduction of the deutsche mark in East Germany before reunification in 1990 and helped lay the foundations for Europe's common currency, has died. He was 85.
Poehl died Dec. 9, the Frankfurt-...
| Nov 20, 2014
| 1:43 PM
We got a break in food, gas and housing costs, but South Florida's inflation is still running ahead of the national average, the U.S. Bureau of Labor Statistics reported Thursday.
South Florida's consumer price index for all urban consumers increased 2....
| Nov 25, 2014
| 4:27 PM
Nancy Teeters, who in 1978 became the first woman on the Federal Reserve board of governors, then continued to stand out by opposing Fed Chairman Paul Volcker's anti-inflation campaign, has died. She was 84.
Teeters died Nov. 17 at an assisted living...
| Nov 26, 2014
| 6:07 AM
Consumer spending bounced back last month after a sluggish September and income growth held steady, positive signs heading into the holiday shopping season.
Personal consumption expenditures rose 0.2% in October after barely budging the previous month,...
| Nov 26, 2014
| 4:35 PM
The economy just posted its best six-month stretch in 11 years, the labor market is on a record streak of job creation and gas prices are falling. But consumers — a key driver of U.S. economic growth — have not yet fully joined the party....
| Nov 29, 2014
| 2:38 PM
Why did Democrats lose big on election night? It's simple: They spent too much time running from President Obama's record, when they should have been running on it.
According to October's factcheck.org, millions of previously uninsured Americans...
| Dec 12, 2014
| 1:20 PM
U.S. stocks sank, with the Standard & Poor’s 500 Index capping its biggest weekly drop in two-and-a-half years, as oil continued to slide and Chinese industrial data raised concern over a global economic slowdown.
The Dow Jones Industrial...
| Nov 4, 2014
| 5:53 PM
The European Union cut its economic growth forecasts for the region, saying rising geopolitical risks in Ukraine and the Middle East and a broader global slowdown have eroded business and consumer confidence since the spring.
The downgraded outlook,...
| Nov 11, 2014
| 5:51 AM
(Reuters) - Deflation is “very unlikely” in the United States but there is some risk of it in Europe, hence the European Central Bank's recent stimulus warnings, a top Federal Reserve official said.
Boston Fed President Eric Rosengren,...
| Oct 22, 2014
| 1:21 PM
A new cost-of-living adjustment for Social Security may not be enough to help retirees in South Florida.
Inflation here is running 2.4 percent, more than the 1.7 percent increase that Social Security recipients will get in January 2015.
| Oct 22, 2014
| 7:34 AM
Inflation remained in check last month with consumer prices edging up only slightly as low gasoline costs offset higher grocery store bills.
The Consumer Price Index rose 0.1% in September after dropping 0.2% the previous month, the Labor Department...