Recent market sell-offs may have been more about paranoia than about real risk. JPMorgan calculations indicate that the potential impact of rising oil prices on the economy may be less than most investors think. But the fear fa…
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…
Despite all the worry over the impact of rising oil prices, recall that the U.S. is now a largely services-based economy. And observe that the rising wages that have led to real overall cost rises in decades past are nowhere to…
As pump prices shoot higher each day, signs of motorists rationing gas purchases have begun springing up around the country. People are buying fewer gallons per fill up and paying more in cash than with credit. Clearly, motoris…
Political turmoil in the Middle East keeps growing, with the ouster of Egyptian president Hosni Mubarak, rebellion in Libya and riots in Bahrain. It’s no wonder that businesses with investments in those countries are feeling ne…