| Jun 5, 2014
| 4:55 PM
In a bid to spur growth and avert the dangerous threat of deflation in the sluggish Eurozone economy, the European Central Bank cut its benchmark interest rate to a record low and took the unprecedented step of lowering the bank deposit rate below zero....
| Aug 19, 2014
| 7:03 AM
Consumer prices grew last month at their slowest pace since February, as lower energy costs offset higher price tags for food and shelter, the Labor Department said Tuesday.
The Consumer Price Index, a closely watched measure of inflation, rose a...
| Sep 4, 2014
| 9:45 AM
The European Central Bank, in a surprise move Thursday, cut its main interest rate to rock bottom and said it would buy certain securities and bonds in a bid to stimulate growth and combat increasing risks of deflation.
In addition to lowering its key...
| Aug 28, 2014
| 10:26 AM
Wholesale gasoline prices surged in Chicago on Thursday after a fire hit a piece of equipment used to produce gasoline at BP Plc's refinery in nearby Whiting, Indiana, trade and industry sources said.
BP said the fire was extinguished at its biggest U.S....
| Aug 30, 2014
| 4:22 PM
European Union officials will draw up proposals for new sanctions on Russia over its action in Ukraine within a week, European Council President Herman Van Rompuy said on Sunday.
EU leaders decided at a Brussels summit to ask the EU's executive...
| Aug 26, 2014
| 9:32 AM
The campaigns for and against Scottish independence held a final televised debate Monday night in Glasgow that polls suggested was won by Scotland’s First Minister Alex Salmond. It was a victory he sorely needed: His “Yes” campaign has...
| Apr 22, 2014
| 4:25 PM
The next time you visit the grocery store, you may experience sticker shock. Prices for some of your favorite foods, including bacon, coffee and oranges, are on the rise.
According to the Bureau of Labor Statistics, retail food prices rose in March...
| Jul 16, 2013
| 9:28 AM
I recently embarked on a price comparison project at six of the major grocery stores in Hampton Roads.
What I found was quite surprising: Prices have declined over the past year. (More on that to come in the Daily Press on Sunday, July 21).
| May 29, 2013
| 12:33 PM
Gasoline prices are only slightly below levels set in 2011 and 2012, according to Energy Department statistics. But even a relatively small decline is enough to dent the used car auction prices of hybrid vehicles and the retained value of electric...
| Jan 16, 2014
| 1:04 PM
You may have noticed your dollar recently went further in the supermarket: Food prices fell 2.1 percent in November and December in South Florida, the U.S. Bureau of Labor Statistics reported Thursday.
Thank falling citrus prices for helping lower...
| May 6, 2014
Coral Springs voters will decide on Nov. 4 if they want city officials to be given a pay increase.
The current compensation for commissioners, after an annual adjustment based on the consumer price index (CPI), is $17,420 per year, while it is $21,776...