Money used to be like religion or sex: It wasn't talked about in polite company. ...more

November 9, 2008

Two years ago, New Hampshire refused to accept heating oil from Venezuelan President Hugo Chavez, the pro-Castro U.S. critic who once called President Bush "the devil." But with fuel prices rising, well, free oil is free oil. ...more

July 19, 2008

Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. But stocks still had their third dismal week in a row, with the major indexes again posting losses as worries about rising oil prices and the fallout from the credit crisis dogged the market. ...more

July 4, 2008

As if home builders didn't have enough to worry about with plunging home prices and rising foreclosures, the surge in oil prices is driving up the cost of key construction materials and further eroding homebuyers' confidence. ...more

June 14, 2008

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. These days, gold's appeal as a safe-haven investment has carried it to record prices. ...more

January 9, 2008

TECO Energy said Wednesday that it has closed on the $405 million sale of its coal, grain and phosphate shipping business, TECO Transport, to Miami-based Greenstreet Equity Partners. Tampa-based TECO expects to net $375 million after taxes and transaction costs. After the announcement, TECO's credit rating was upgraded to Baa3 from Ba1 by Moody's Investors Service, a reflection of TECO's plan to pay down $300 million of debt. ...more

December 5, 2007

The surprising defeat of a referendum this weekend to accelerate President Hugo Chavez's socialist-inspired revolution has given new energy to his long-suffering opposition. ...more

December 4, 2007

The housing collapse and credit crisis will slow economic growth and nudge up unemployment next year, the Federal Reserve said Tuesday in a first-of-its-kind forecast that some economists think will lead to interest rate cuts early in 2008. ...more

November 21, 2007

Federal Reserve Chairman Ben Bernanke said Thursday that economic growth will slow noticeably in coming months while surging oil costs will raise inflation pressures. But he said the economy is nowhere close to the stagflation nightmare of the 1970s and he predicted an economic rebound by mid-2008. ...more

November 9, 2007

Former Federal Reserve chairman Alan Greenspan said rising oil prices will lead businesses and consumers worldwide to use less fossil fuel and increase their use of alternative energy sources. ...more

November 8, 2007