WASHINGTON — Facing pressure to curb rising gasoline prices, President Barack Obama is calling for the U.S. to reduce its oil imports by one third by 2025, a lofty goal likely to run into significant obstacles. The White House said ...

Tagged with: Energy gas prices

Rising prices at the gas pump and in grocery aisles are starting to crimp shoppers’ outlook. The Conference Board’s Consumer Confidence Index fell sharply from a three-year high in February, reversing five straight months of improvement. The decline raises questions ...

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WASHINGTON — Higher oil and food prices. Unemployment near 9 percent. Crises in the Middle East and Japan. The U.S. economy faces threats at home and abroad that have the potential to dull growth or stoke inflation. Or both. When ...

Tagged with: Economy federal reserve gas prices japan middle east Recession u.s. Unemployment

WASHINGTON — U.S. businesses at the wholesale level added to their stockpiles in January and their sales jumped by the largest amount in 14 months. But the spike in sales was partially influenced by rising oil prices. Wholesale inventories rose ...

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DALLAS — Southwest Airlines Co. has joined a sweeping increase of $10 in the price of many domestic round-trip airfares, citing the need to offset high fuel prices. Southwest’s action over the weekend may have ensured success for a price ...

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Check out a slideshow of our past Photos of the Day from The Daily Record’s staff photographers. We also have a SmugMug page, where you can purchase photos taken by The Daily Record staff

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Nearly 850,000 Marylanders are expected to travel at least 50 miles away from home over the Thanksgiving holiday, an 11.8 percent increase over last year, according to projections from AAA Mid-Atlantic. The extra drivers coupled with a handful of lane ...

Tagged with: Baltimore commuters delays Economy gas prices holiday interstate maryland mta thanksgiving travel