Oil moves higher as tax-cut package heads to Obama

Oil prices rose Friday after Congress sent a complex tax cut extension package to President Barack Obama, bolstering hopes that demand for energy products will […]

China Risks `Rush’ to Tighten in 2011 After Inflation Accelerates Past 5% - Bloomberg

China risks a more abrupt tightening in monetary policy next year after refraining from raising interest rates since October even as inflation accelerated to the […]

TJX to close A.J. Wright brand, cut 4,400 jobs

TJX Cos. says it is shuttering its A.J. Wright discount stores, cutting 4,400 jobs and converting some of the stores to other brands such as […]

Area sports agent will buy Atkinson’s Lake Saint Louis mansion

The $27 million mansion built with the allegedly ill-gotten gains of US Fidelis will go for a mere $4.75 million to local professional sports agent […]

Annual core CPI rise smallest on record

U.S. consumer prices rose less than expected in October and the increase in the year-on-year core rate was the smallest on record, data showed […]

Producer prices support Fed fears of low inflation

U.S. core producer prices recorded their largest decline in more than four years while industrial output was flat in October, underscoring the Federal Reserve’s […]

Fed’s Lockhart says hiring to remain sluggish

Businesses are unlikely to hire workers at the same level as before the recession even as the economy improves, a top Federal Reserve policy […]

Summer turns up the heat in WNY

The summer vacation season will be closing with a blast of heat.
Temperatures will peak in the upper 80s to around 90 degrees across Western New […]

Charlotte-area gasoline prices dip

The average cost of a gallon of regular gasoline in the metro Charlotte area is $2.681, down from $2.698 a week ago, according to AAA’s […]

HP CEO quits after harassment claim

The top executive of Hewlett-Packard Co., which operates Enterprise Services in Plano, resigned Friday in the wake of a sexual harassment claim against him and […]