| 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...
| Dec 17, 2014
| 6:59 AM
Plunging gasoline costs led to the largest drop in consumer prices in six years last month and added another complication for Federal Reserve policymakers as they try to determine when to start raising interest rates.
The Consumer Price Index declined...
| Dec 17, 2014
| 11:15 AM
The Federal Reserve signaled Wednesday that its first interest rate hike in eight years is approaching as policymakers stopped indicating that short-term rates would remain near zero for “a considerable time.”
Instead, the Fed said in a...
| Dec 24, 2014
| 4:14 PM
As we embark on the seventh year since the historic collapse of the Lehman Bros. investment bank, it's clear we haven't fixed what broke the economy in 2008. Big banks still control Congress. Workers remain acutely vulnerable to another financial crisis....
| Dec 25, 2014
| 6:24 AM
Russia said on Thursday its currency crisis was over even though its forex reserves have plunged and annual inflation has climbed above 10 percent, adding to the problems facing the government as it fights its worst economic crisis since 1998.
| Dec 27, 2014
The stock market is expected to continue to be kind to investors in the new year but with more humble gains than the last three years.
Some analysts anticipate that by the end of 2015, the market will deliver only about 5 percent growth — far...
| 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,...
| Nov 6, 2014
| 9:16 AM
Five years after the recession ended, income for seniors in Broward and Palm Beach counties is rising while the population as a whole loses ground.
The median household income for people 65 and older in Broward County was $34,415 in 2013, up from $29,...
| 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.
| Nov 12, 2014
| 3:41 PM
I cannot understand why American consumers are not up in arms when they hear the government saying that inflation is very low. Do these people not go shopping?
Since my wife passed away, I do all the shopping, and I can tell you that what the government...
| Oct 5, 2014
RICHMOND — It's hard to wedge enough nuance into a conversation about the state budget.
After all, there are a lot of ways to slice nearly $48 billion in annual spending. Even a close reading of the 500-page budget leaves questions unanswered....