| Apr 5, 2013
| 4:35 PM
Portrait studios at Sears and some Wal-Mart stores — the scenes of innumerable family photos — have unexpectedly closed as their operator, CPI Corp., goes out of business.
The portrait provider said in a statement on its website that all...
| Dec 13, 2012
| 8:49 AM
Wholesale prices slipped 0.8% last month for the second straight month as gasoline prices plunged.
In its deepest dip since May, the Labor Department’s producer price index fell 0.8% in November after sliding 0.2% in October. The index rose 1.1%...
| Apr 15, 2013
— Well, at least we're starting to get the procedure right. Washington has rediscovered the beauty of the boring. It's called "regular order," using the normal, routine, constitutional process to arrive at, for example, a budget.
| Jul 16, 2013
| 6:34 AM
WASHINGTON -- Sharply higher prices at the gas pump led to the biggest jump in inflation since the winter, the Labor Department said Tuesday.
The Consumer Price Index rose 0.5% in June after just a 0.1% increase in May. Gasoline prices were the major...
| Aug 14, 2013
| 8:29 AM
The Eurozone, which has struggled with a debt crisis and a prolonged recession, saw its economy expand for the first time in 18 months, according to figures released Wednesday.
Eurostat, the European Union’s statistical agency, said the...
| Nov 15, 2012
| 10:21 AM
Consumer prices continued to rise in October as rents and the cost of food climbed even as gas came down from its recent peak, the government said.
Seasonally adjusted prices got a 0.1% boost in October from the previous month, according to the Labor...
| Sep 14, 2012
| 11:57 AM
Another sign of rising food prices, this one unrelated to corn costs: The price of sushi in New York City rose so much this year that its raw fish and rice is now more expensive than in Los Angeles.
The price of the Japanese cuisine gained an average...
| Apr 10, 2013
| 4:35 PM
U.S. Rep. Alan Grayson, R-Orlando, is leading the charge against President Barack Obama's budget proposal that would change the way government figures the (usually) annual cost-of-living adjustment for Social Security payments. In the budget released...
| Sep 6, 2012
| 9:23 AM
The European Central Bank announced Thursday that it would buy the bonds of financially flailing countries such as Spain and Italy in unlimited quantities if necessary to keep their borrowing costs down, in an unprecedented move to keep a lid on the...
| Aug 24, 2012
| 7:13 AM
Greek Prime Minister Antonis Samaras asked for more time from Berlin on Friday to implement the deep austerity measures required of it under the terms of its financial bailout. German Chancellor Angela Merkel insisted that Athens stick to its commitments....
| Sep 26, 2012
| 7:33 AM
Protesters clash with police in downtown Athens; Greek government cuts labelled unfair and a burden on the poor....