Consumer Prices Tumble in April, Driven Down by Gas Prices
A sharp drop in gasoline costs led U.S. consumer prices to tumble in April by the most in more than four years.
gas prices
Producer Prices Post Biggest Drop in Three Years
U.S. producer prices recorded their largest drop in three years in April as gasoline and food costs tumbled.
Chevron's Quarterly Profit Falls on Lower Oil Prices
Chevron says its quarterly profit fell 5 percent in the first quarter as oil prices slipped.
Drop in Gas Prices A Boon for Drivers and the Economy
A sharp decline in the price of oil this month is making gasoline cheaper at a time of year when it typically gets more expensive.
Strong Housing and Auto Sales Boost U.S. Economy, Fed Says
A strengthening housing recovery and robust auto sales contributed to moderate growth across the U.S. in late February and March, according to a Federal Reserve survey.
AOL Readers' Secret for Buying Electric Cars
If you want to buy an electric car, but you're worried about getting left behind when the next generation comes along, AOL readers have a smart suggestion.
Walmart Offers 15ยข-a-Gallon Gas Discounts to Cardholders
For the next few months, Walmart will offer a 15-cents-a-gallon discount at its gas stations. The catch: You have to pay with a Walmart credit card.
10 Reasons Why You're Not Feeling Better About the Economy
The Dow is cruising at new highs, 236,000 jobs were created in February, consumer confidence is up, and Americans are feeling secure enough to take on new debt again. But if you're feeling somehow left out of the party, you aren't crazy. Things are still far from golden.
Retail Sales Up 1.1% in Feb, Fastest Spending Pace in 5 Months
Americans spent at the fastest pace in five months in February, boosting retail spending 1.1 percent compared with January, despite a rise in Social Security taxes.
Savings Shrink as Americans See Biggest Monthly Income Drop in 20 Years
Savings have fallen this year, as American households in January experienced the worst 1-month income drop since 1993.
Families Dip Into Savings as Incomes Fall, Energy Costs Rise
In January, U.S. incomes dropped, but spending rose as consumers dug into savings to help cover rising utility costs and the increased price of gasoline.
What Walmart's Outlook Says About the Whole U.S. Economy
Walmart on Thursday reported higher profits, but offered a weak forecast for the months ahead. The problem? The poor and middle-class Americans Walmart caters to -- and who are big drivers of U.S. spending -- are struggling with rising gas prices, delayed tax refunds and higher payroll taxes.
Want to Save on Gas? It's All About How You Pay
Drivers are feeling the sting of rising gas prices, with the cost of regular gas up 15 cents a gallon just in the last month. Convenience chain Cumberland Farms hopes it can ease the pain with a new app that offers a 10 cent per gallon discount at the pump.
U.S. Consumer Prices Flat in January for 2nd Month
U.S. consumer prices were flat last month, the latest sign inflation is in check. That could give the Federal Reserve leeway to continue its efforts to stimulate growth. Excluding the volatile food and energy categories, core prices rose 0.3 percent in January, pushed up by higher costs for apparel, air fares and rents.
U.S. Wholesale Inflation Still Mild Despite Increase
U.S. wholesale prices rose only slightly in January after three straight declines, the latest sign that inflation is posing no threat. It means the Federal Reserve has room to keep interest rates at record lows without worrying about igniting inflation.