Market and Exchange

Consumer prices fall 0.4% on cheaper gas

2013-05-16 06:23:21

A sharp fall in the cost of gas drove a measure of U.S. consumer prices down last month by the most since December 2008. Outside the drop in fuel costs, prices were largely unchanged. The consumer price index fell 0.4 percent in April from March, the...

Record exports mean U.S. summer gasoline prices won't be much lower

2013-05-08 10:19:00

Summer gasoline prices will be lower in the U.S. than they were last year. But they won't be much lower, experts say, because U.S. refineries have been exporting record amounts of fuel overseas. That's behind what would normally just be a good news...

Experts expect summer gasoline prices as low as $3.84 in California

2013-04-11 10:03:00

Experts are saying American drivers, including Californians, can expect some of the lowest summer gasoline prices they have seen in three years. Some are predicting a steady decline in California gasoline prices to as low as $3.84 a gallon by August....

Socialist senator at odds with Obama over veterans benefits

2013-04-06 21:27:00

WASHINGTON — A few hours before midnight during a marathon budget session, Sen. Bernie Sanders of Vermont, the only member of Congress elected as a socialist, called for a vote on his proposal to oppose any cut in cost-of-living adjustments for...

McManus: Can Obama sell 'chained CPI'?

2013-04-10 00:00:00

President Obama won't release his proposed budget for 2014 until Wednesday, but liberals and AARP have been howling all week about something they expect to be in it. What has our president done to provoke such outrage among his supporters? He's...

Chained thinking on the federal deficit

2013-04-23 19:15:00

Washington's tug of war over the federal budget has many wonders, but the biggest one of all must be the lengths to which politicians and pundits will go to deprive Granny and Grandpa of $30 a month. That's the amount by which benefits for the average...

A regulation that might actually reduce California gasoline prices

2013-04-18 07:35:00

California's strict low-carbon fuel standard could help reduce gasoline prices in the state, the opposite of what many have predicted, by encouraging the use of a relatively cheap and relatively clean U.S. crude oil, some experts now say. The standard...

Consumer prices drop on cheaper gas, electricity and apparel

2013-04-16 07:06:00

WASHINGTON — U.S. consumer prices slid in March after spiking in the prior month as gasoline prices fell back — the latest indication that inflation remains subdued despite the Federal Reserve's continued action to pump billions of dollars...

Obama's Social Security proposal sparks GOP confusion

2013-04-12 04:05:00

WASHINGTON -- President Obama's proposal to trim Social Security's cost-of-living adjustments has sparked not only Democratic outrage, but Republican confusion. In the days since Obama put the idea in his 2014 budget, Republicans' reactions have...

Portrait studios suddenly close in Sears, some Wal-Marts

2013-04-05 16:35:00

Portrait studios at Sears and some Wal-Mart stores — the scenes of innumerable family photos — have unexpectedly closed as their operator, CPI Corp., goes out of business. The portrait provider said in a statement on its website that all...

Obama's budget plan draws fire from both sides

2013-04-05 17:12:00

WASHINGTON — The budget that President Obama is scheduled to release next week drew attacks Friday from both the left and right — a reaction that White House aides appeared to welcome as they sought to portray the plan as a middle-of-the-...

Why 'chained CPI' works for Social Security [Blowback]

2013-04-02 11:12:00

In his March 22 blog post criticizing proposals to switch from the consumer price index to "chained CPI" to determine cost-of-living adjustments for Social Security beneficiaries and other items in the federal budget, Michael Hiltzik claimed that there...

Higher food prices helped push up consumer prices overall, even as gasoline prices slipped.

2012-11-15 10:06:05

When every ounce counts, titanium trumps stainless steel. $15.95. At REI.

2003-12-04 18:51:34