Economy : Wholesale prices rising at fastest pace since 1981
Originally published on August 19, 2008

WASHINGTON (AP) — Wholesale inflation surged in July, leaving prices for the past year rising at the fastest pace in 27 years, according to government data released Tuesday. more »



Market : DOLLAR GAINING AGAINST EURO, THOUGH REASON IS NOT CLEAR
Originally published on August 18, 2008

CHICAGO — If high prices have forced you to give up Italian shoes, French wine or a vacation abroad, you should be cheering on the rising dollar. more »



Economy : Reports: Housing prices haven't hit bottom yet
Originally published on August 18, 2008

WASHINGTON — The Bush administration’s pledge to rescue ailing housing finance giants Fannie Mae and Freddie Mac raises anew questions about just when the nation’s dismal housing market will hit bottom. more »



Economy : Stay-at-home moms, staying home even more
Originally published on August 14, 2008

NEW YORK (AP) — “I’m having ’em, so I wanna raise ’em.” That’s the philosophy that led Jenna Kagan to stop working when her daughter was born nine years ago. Two sons soon followed, and their mother remains firm in her belief that staying home with them is best. more »



Feds : Consumer prices kept climbing in July
Originally published on August 14, 2008

WASHINGTON — Consumer prices jumped sharply in July, pushing the 12-month rate of inflation to 5.6 percent, the government reported Thursday, the highest it’s been in 17 years. The inflation numbers, which were nearly double what had been anticipated, underscored the hurt that American consumers are feeling from soaring food and energy prices. more »



Economy : Retail sales drop for first time in 5 months
Originally published on August 13, 2008

WASHINGTON (AP) — Retail sales delivered the weakest performance in five months in July as shoppers shunned autos while they paid more for gas. more »