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Gas prices drop: 24 days and counting

posted by Avatar DietSumo 1279 days ago in USD, Retail Sales, Consumer made popular 1279 days ago

The national average price for a gallon of gas slips to $3.818. Only 10 states are above $4 a gallon, AAA finds. Prices slide 15 cents in past two weeks, Lundberg Survey finds.  read more
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Investors eye retail sales, oil this week

posted by Avatar DietSumo 1279 days ago in USD, Fundamental, Retail Sales made popular 1279 days ago

If it appears consumers are struggling severely, the recent decline in energy prices might not be enough to sustain a market rally.  read more
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Fed unlikely to change rates this week

posted by Avatar DietSumo 1286 days ago in USD, Special, Inflation made popular 1286 days ago

An ugly brew of rising unemployment, spiking foreclosures and gyrating energy prices is plaguing the country and making life difficult for Federal Reserve Chairman Ben Bernanke as he tries to right the economy.  read more
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Why the Fed Needs to Pause Tomorrow

posted by Avatar DietSumo 1382 days ago in USD, Daily, Inflation made popular 1382 days ago

No one wants to be in the shoes of the Federal Reserve today as they begin their two-day monetary policy meeting. Fed officials face a tough decision as they weigh the risk of deteriorating growth with the risk of rising inflation.  read more
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KB Home's Broad Says Home Prices May Drop Another 20%

posted by Avatar DietSumo 1384 days ago in USD, Housing made popular 1384 days ago

Eli Broad, a philanthropist and co- founder of KB Home, the fifth-largest U.S. homebuilder by revenue, said he expects home prices to drop another 20 percent.  read more