Investors, efficient drilling technologies, and diminishing crude production are keeping the U.S. shale industry afloat. After a precipitous decline in oil over the last six […]
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February’s Slight Increases in Gas Prices are not Enough to Scare Americans Away from Buying cars in 2015
By Danni Santana After sliding around on icy roads all winter in Suffolk County, Stacey Mathurin and her fiancé are eager to buy a truck […]
Refinery Strikes Had Little Impact on Gas Prices That Will Continue to Fall
By Marguerite Ward Some experts speculated that the United Steelworkers strike, the largest oil refinery strike in over three decades, would send gas prices upward. […]
Low world oil prices bring no relief to Brazil’s troubled economy
In late February, a cellphone video went viral in Brazil. In it, a well-dressed blonde screams at the top of her lungs at customers in […]
Promising News For Eurozone Inflation As Central Bank QE Kicks Into Effect
There was a small glimmer of hope for Eurozone inflation in February despite the continued growth of the U.S. dollar against the euro and another […]
Malignant Growth in The Cost of Cancer Drugs
Last year, specialty drugs added countless years to the lives of America’s sick and billions of dollars to its national debt. Spending on specialty medications […]
PORTS FIASCO NARROWS TRADE DEFICIT TO $41.8B IN JANUARY
West Coast port labor negotiations and the strengthening dollar helped to shrink the U.S. trade gap in January. The U.S. Department of Commerce reported an […]
Harsh Winter Weather Cools U.S. Auto Sales in February
By Danni Santana Nasty weather depressed U.S. auto sales in February, yet did little to keep Americans from buying expensive gas-guzzlers, a sign that consumers […]
Personal Income Growth Falls Short, Spending Down in First Report of 2015
By Marguerite Ward Personal income grew less than expected and personal spending decreased more than expected in January. Still, both indicators are faring better on […]
Good news in Europe: unemployment falls for the third month in the eurozone
The eurozone got a tiny bit of good news this Monday, when the unemployment rate fell for the third consecutive month to the lowest […]