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When gasoline prices first hit $3 a gallon in 2005, irate lawmakers quickly assembled top oil executives for a public grilling. ...more
November 14, 2007
Retail sales in October may rise more slowly than previously forecast as stores continue offering discounts before the holiday shopping period to attract shoppers facing higher costs. ...more
October 24, 2007
Construction of new homes plunged to the lowest level in 14 years in September as turmoil in credit markets intensified problems in the housing industry. Consumer prices, meanwhile, rose at the fastest pace in four months, reflecting higher energy and food costs. ...more
October 18, 2007
U.S. home prices have fallen further since mid-2006 than during the 1990-91 recession, and professional traders bet they'll plunge up to 10 percent more the next year. ...more
September 27, 2007
Consumer prices posted a rare decline in August while the battered housing industry saw construction fall to the slowest pace in 12 years. ...more
September 20, 2007
Wall Street built on its gains Wednesday as investors bet that cheaper money the Federal Reserve unleashed with its decision to cut interest rates will give a boost to corporate profits and the overall economy. ...more
September 20, 2007
Wall Street finished essentially flat Wednesday, with investors still confident the Federal Reserve will lower rates next week but treading cautiously as oil prices crossed $80 a barrel for the first time and the dollar extended its decline. ...more
September 13, 2007
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