Consumer confidence skids more than expected
NEW YORK - U.S. consumer confidence fell unexpectedly sharply in June, sinking to its lowest level in more than 16 years, according to a private industry group.

The report Tuesday also said the group's reading of consumers' expectations hit...See Story

 

Oil prices waver on dollar, supply concerns
NEW YORK - Oil futures fluctuated Tuesday as traders awaited significant news that could help the market break out of a trading range that has lasted for more than two weeks. Retail gas prices, meanwhile, slid below a national average of $4.07 a gall...See Story

 

Stocks rebound after drop in consumer confidence
NEW YORK - Wall Street rebounded in erratic trading Tuesday, with investors seeking bargains among financial stocks even as concerns grew about the impact of high fuel costs on consumers and corporate profits.

The Conference Board said its ...See Story

 

Home buying practices adjust to high gas prices
In his hunt for a new home, Demetrius Stroud crunched the numbers to find out that, with gas prices climbing, moving near an Amtrak station is the best thing for his wallet.

Stroud was looking in Elk Grove., Calif. — about 85 miles away fro...See Story

 

Credit card fees: Some gas stations say 'no more'
CHARLESTON, W.Va. - When gas station manager Roger Randolph realized it was costing him money each time someone filled up with $4-a-gallon gas, he hung a sign on his pumps: "No more credit cards."

He may be the first in West Virginia to ban...See Story

 

Jobless claims decline by 5,000 following surge
WASHINGTON - The number of newly laid-off workers filing applications for unemployment benefits dropped slightly last week but remained at a level showing the strains of a weak economy.

The Labor Department reported Thursday that jobless cl...See Story

 

High gasoline prices changing lawn-mowing habits
When Eric King moved from his apartment in Pittsburgh to a single-family home with a lawn, he bought a manual lawn mower instead of the usual gas-powered kind. He figures he's putting money in his pocket and saving trips to the filling station.
<...See Story