Why Gas Prices Rise Quickly but Fall Slowly

As soon as oil prices rise, it takes little time before drivers begin to feel the pain at the pump. But it takes far longer for price decreases to reach consumers. Here’s why.
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New York’s Tallest Building Is Now One of Its Greenest


The Empire State Building is perhaps best remembered as the site of King Kong’s last stand, but in real life, the monkey on the building’s back wasn’t a giant gorilla — it was a giant electricity bill. But that was before one of the most remarkable green renovations ever undertaken.

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New York’s Tallest Building Is Now One of Its Greenest originally appeared on DailyFinance on Fri, 18 Mar 2011 08:00:00.

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G-7 Pledges to Restrain Japanese Yen

Japan’s Nikkei 225 Index advanced 2.7% on Friday, ending a turbulent week at 9,207. In Hong Kong the Hang Seng Index inched up 0.1% to 22,300 and in China the Shanghai Composite Index rose 0.3% to close at 2,907.
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UAW Seeks to Regain Concessions as Contract Talks Loom

UAW delegates will gather next week in Detroit, as the union works out a strategy to negotiate with domestic automakers for a new four-year contract. The current pact expires in September, and with auto sales rebounding the UAW…