| Jun 27, 2014
| 5:29 PM
A week before the July 4 holiday, a gallon of regular gasoline in the Chicago area costs an average of $4.02, according to AAA Chicago -- about a nickel less than a week ago.
In the past two weeks, gasoline prices have declined, said Patrick DeHaan, a...
| Jul 1, 2014
| 6:22 PM
The Fourth of July weekend is traditionally one of the busiest travel times of the year, and it's a safe bet that a lot of Marylanders will hit the roads to Ocean City and beyond. As often happens when mid-summer vacations beckon, gas prices are up and...
| Jun 13, 2014
| 12:41 PM
Crude oil prices were headed to their biggest weekly gain of the year on Friday amid fear that the escalating crisis in Iraq could constrain supplies around the world.
Investors were spooked after President Obama said he is considering military action...
| Jun 17, 2014
| 6:05 PM
Americans paid more for just about everything last month, pushing inflation to its highest annual rate in more than 11/2 years and creating another potential obstacle for the economic recovery.
The 0.4% jump in the consumer price index for May, released...
| 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....
| 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...
| 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...
| 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).