NEW YORK - Adrienne Radtke plans to keep riding her bike to work even if gas prices drop. Steve Pizzini got rid of his Cadillac Escalade in favor of a 16-year-old Acura and doesn't expect to have another gas-guzzler.
WASHINGTON (Reuters) - The U.S. economy will need months to recover from a growth slowdown caused by a home mortgage crisis, turmoil in financial markets and high energy prices, Treasure Secretary Henry Paulson said on Sunday.
NEW YORK - Federal rescue plans are all the rage in Washington right now, for what seems to be everything but the dollar. The U.S. currency is not going to get a bailout, even though its steep decline is feeding inflation and straining the economy.
WASHINGTON (Reuters) - The U.S. economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, Treasury Secretary Henry Paulson said.
DUBAI (Reuters) - An $11 billion joint plastics venture between Dow Chemical Co and a unit of Kuwait Petroleum Corp will be based in Michigan, the two companies said in a statement on Sunday.
HOUSTON - The national debate over opening more offshore areas to oil and gas exploration has begged the question: Just what are the companies doing with the tens of millions of acres they're already leasing from the federal government?
BRUSSELS, Belgium - The man who would be King of Beers is a no-frills leader without a company car or even his own desk.
WASHINGTON - Sometimes, I guess, timing is everything. When DaimlerChrysler AG announced in 2006 that it planned to bring the Smart fortwo micro car to the United States after nearly a decade in Europe, gas prices had reached about $2.80 a gallon. Now, Americans are paying more than $4 a gallon at the pump, SUV sales are plummeting and consumers are hungry for smaller, more fuel-efficient vehicles.
LOS ANGELES (Reuters) - In 1973, when Bill Gross was 15 and cars were lined up at every gas station in Southern California, the aspiring engineer wanted to do something about spiking energy prices.
ALBANY, N.Y. - Stethoscope? Check. Bandages and medications? Check. Money for fuel? Uh-oh.
LONDON (Reuters) - Citigroup chairman Win Bischoff has warned that house prices in Britain and the United States are likely to keep falling for another two years.
CHICAGO (Reuters) - Car maker Ford Motor Co is drawing up plans to retool American plants to make small, fuel-efficient passenger cars that it mainly makes and sells in Europe, the Wall Street Journal reported on Saturday.
NEW YORK - The price of oil recorded its biggest weekly drop ever, and a gallon of gas finally pulled back from its record high. So is it time to declare the energy bubble popped?
KINGSTON, Jamaica - A Jamaican official says far tougher fines are needed to fight thieves plundering metal from construction sites, power lines and houses.
NEW YORK - Wall Street surged higher last week, but that's cold comfort to people whose stock portfolios are still down more than 10 percent this year.
American’s Underground James Potter Sequel Gains Notice from Rowling Herself; Read Worldwide by the Million; Film Coming Soon
BUENOS AIRES (AFP) - Argentina said Friday it was dropping a controversial plan to raise taxes on its all-important grain exports, one day after the government was dealt a defeat on the measure in the senate.
ST. LOUIS - The King of Beers, the folks who spent lavishly to bring you the Bud Bowl, the Talking Frogs, the Whassup Guys and the Clydesdales, is being swallowed by a Belgian brewer known for its frugality.
European Property Awards Recognizes Sunray Village in the Categories of 2008 Best European Development and 2008 Best Architecture
Here's a startling idea: a bull market is around the corner for US equities. Massive gains are available to investors who buy select stocks now.