Airfares Start Soaring on Oil Prices and Capacity Cuts

The price of a plane ticket is heading sharply higher. That’s because airlines face steeper fuel costs and continue to cut capacity to keep profits from falling. You can still find some relative bargains, but it’s going to take…

Nine Reasons Why Investors Are Nervous Now

Despite a steady six-month rally, lots of investors still haven’t jumped back into equities. While plenty of official economic reports say things are getting better, these investors are following other signs — often closer to …

The Fix for High Oil Prices? Regulate the Speculators

As the crisis in Libya continues to shake world oil markets, many voices are calling for President Obama to tap into the Strategic Petroleum Reserve. With gasoline prices up 33 cents a gallon in the last month, that’s a temptin…

U.S. Jobless Claims Report Sparks Rise in Asian Markets

A fall in U.S. applications for unemployment benefits sparked a buying spree in Asia. In Hong Kong the Hang Seng Index gained 1.2%, the Shanghai Composite Index advanced 1.4% and Japan’s’s Nikkei 225 Index added 1%.
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