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CNN
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The dollar sank to an all-time low against the euro Wednesday with U.S. inflation coming in three times as high as expected in March, on top of escalating food and energy prices. Inflation also rose overseas and the euro reached $1.5966 after the EU's sta..
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BusinessWeek
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High gas prices and the housing bust combine to drive pickup truck sales down to their second lowest level since 2000
By any measure, March was a lousy month for the car business. But for Detroit, it was truly dreadful.
Pickup trucks are taking a re..
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CNN
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Oil prices are at an all new trading high, reflecting an anemic dollar that continues to plunge. Light, sweet crude for April delivery has surged to $109.20 in midday European electronic trading on the New York Mercantile Exchange before falling back to $..
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CNN
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NEW YORK (CNNMoney.com) -- Oil prices set another record high Tuesday, jumping over $2 on fears of dwindling supplies in the United States, projections for strong worldwide demand and a falling U.S. dollar.
A suicide bombing in Afghanistan that killed..
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CNN
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Oil surged above $74 to another 10-month high on Thursday ahead of U.S. data that is expected to show refiners are processing more crude to meet robust gasoline demand in the world's top consumer. London Brent crude, now seen as more representative of the..
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Washington Post
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The Standard & Poor's 500-stock index hit a record high Wednesday, marking a four-year recovery of U.S. stocks battered by the burst of the tech bubble, the collapse of Enron and WorldCom, the Sept. 11, 2001, attacks and the wars in Afghanistan and Iraq...
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CNN
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With gas prices near record highs, experts say $4-a-gallon gasoline is just around the corner.
"I think it's going to happen," said Phil Flynn, a senior market analyst at Alaron Trading in Chicago. "Unless things change dramatically, I think we're goin..
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Yahoo News
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Sky-high oil prices and Americans' insatiable hunger for Chinese goods drove the US trade deficit to a record high of 763.6 billion dollars in 2006, the government said. The Commerce Department said the December gap alone was 61.2 billion dollars, up f..
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Market Watch
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Apple Computer Inc. shares touched an all-time high Monday, before falling amid a broad market sell-off, as the company's line of iPod music players remained the most popular electronic gadget sold over the Internet during the key holiday weekend...
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BusinessWeek
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U.S. students are far less diligent than their Indian and Chinese counterparts, as shown in an unsettling documentary, Two Million Minutes
Students have 2 million minutes—the time from the beginning of eighth grade to high school graduation—to buil..
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BusinessWeek
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The planemaker hopes high fuel costs will drive sales of its new fuel-efficient jets. But airlines may not be able to afford them
U.S. carriers are mothballing planes as the airlines crumple under the weight of soaring fuel prices. But Boeing (BA) is c..
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BusinessWeek
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So far the stock market has mostly ignored the jump in crude oil prices, but high energy costs could eventually take their toll
American consumers and companies have howled in agony at oil's 27% price surge in the last six weeks. But apparently—at le..
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BusinessWeek
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The European currency is at an all-time high against the pound, putting holidaymakers on stricter budgets as they vacation on the Continent
Tens of millions of British people will experience their own credit crunch on holiday this year as the soaring v..
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BusinessWeek
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Stocks riding high on illusions of consumers continuing to spend may be in for a nasty surprise
If you are an investor, this is the moment in the business cycle when fortunes can be won or lost. The U.S. economy is in recession, for the fourth time in..
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MSNBC
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U.S. average retail gasoline prices have reached a new high of almost $3.20 per gallon and will likely jump another 20 to 30 cents in the next month, worsening the pain of consumers struggling to make ends meet in an economic downturn.
Gasoline prices..
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MSNBC
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Home foreclosures soared to an all-time high in the final quarter of last year and are likely to keep on rising, underscoring the suffering of distressed homeowners and the growing danger the housing meltdown poses for the economy.
The Mortgage Bankers..
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MSNBC
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OPEC ministers on Wednesday agreed to keep output steady and said record high prices had been driven by factors that were beyond their control.
U.S. crude hit a record of $103.95 a barrel on Monday and was trading above $100 on Wednesday.
Washington..
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MSNBC
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It’s the stuff of western dramas where rugged men went looking for it in the mountains. It’s the glittering metal used in fancy jewelry, the highest honors for sports and the bars tucked away in heavily secured safes. And these days, gold’s appeal a..
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SF Gate
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When Mourad Lahlou has an opening for a line cook at his San Francisco restaurant, Aziza, he gets plenty of resumes. But most of them are from recent cooking school graduates who don't have the moxie to survive on the hot line at one of San Francisco's bu..
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CNN
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Global markets gained sharlply Tuesday a day after a record-breaking close on Wall Street. The Dow Jones industrial average added nearly 192 points to end at an all-time high of 14,087.55 points on Monday amid hopes that banks have put the worst of the re..
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