Inflation has inched higher in the past six months, but that’s not a danger sign, but rather a harbinger of improving economic conditions and a strengthening recovery. And that, in turn, should lead to higher wages and more hir…
Brent crude traded at $107.68 today as West Texas crude prices moved to $94.24. Oil prices don’t immediately transfer to gasoline pump prices, but they surely have an impact as crude moves through refineries into finished produ…
Deadly clashes in Libya sent shockwaves through various markets yesterday, setting the stage for more turbulence in the sessions ahead. Gold and oil have already spiked higher on world markets, and U.S. investors will also see …
Government measures show that inflation, at 1.6% in January, is still below the Fed’s target of 2%. But commodity prices are soaring, and anyone who pays their household bills knows that food and energy prices are rising becaus…
Winter in the Northeast was particularly brutal this year, but not enough to account for the likely record prices. Blame crude oil’s recent price jump for that. But the chills could become even worse if Obama’s proposed cut in …