The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back low-interest rate policies.
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Read More »June 16, 2021 Comments Off on As inflation rises, Fed sees faster time frame for rate hikes
The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back low-interest rate policies.
Tagged with: fed inflation interest rates prices
Read More »June 10, 2021 Comments Off on Another jump in prices furthers inflation spike, tightens squeeze on consumers
American consumers absorbed another surge in prices in May — a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008.
Tagged with: Economy fed inflation prices
Read More »September 22, 2014 Comments Off on Gas prices headed down
GasBuddy.com, a gasoline price website based in Gaithersburg, predicts the lowest autumn gas prices in four years this season. Last week, the national average per gallon for regular unleaded was just under $3.78. GasBuddy’s analysts say prices will fall to ...
Read More »June 22, 2014 Comments Off on Grande promise not to raise Starbucks’ prices falls through
Starbucks is raising prices on some of its drinks by 5 cents to 20 cents starting this week, and customers can also soon expect to pay $1 more for the packaged coffee it sells in supermarkets.
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Read More »February 6, 2014 Comments Off on As oil creeps up, AAA warns of coming spring gas increase
The prices of oil rose Thursday as a positive report on the U.S. labor market and more cold temperatures boosted expectations of higher demand for heating oil.
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Read More »September 20, 2013 Comments Off on Cel-Sci announces reverse stock split
Cel-Sci Corp., of Vienna, Va., and Elkridge, a biotechnology company that is developing new immune system-based treatments for cancer and infectious diseases, announced Friday it is implementing a 1-for-10 reverse stock split, effective on Wednesday.
Tagged with: biotech Business business news New York Stock Exchange prices shares Stocks
Read More »September 19, 2013 Comments Off on Home sales hit 6½-year high but could slow soon
WASHINGTON — U.S. home sales rose last month to the highest level since February 2007 as buyers rushed to close deals before mortgage rates increased further. Yet the gain could represent a temporary peak if higher rates slow sales in ...
Tagged with: Ben Bernanke federal reserve homes interest rates prices Real Estate real estate news
Read More »September 15, 2013 Comments Off on AAA says gas prices should decline after summer
WASHINGTON — Now that the summer travel season has come to an end, AAA Mid-Atlantic says gasoline prices should start to decline due to weaker demand. In its weekly report on gas prices Sunday, AAA says the national average price ...
Tagged with: Energy gasoline maryland prices Transportation travel
Read More »August 15, 2013 Comments Off on Consumer prices tick up as inflation stays mild
WASHINGTON — U.S. consumer prices rose only slightly last month as gas costs increased more slowly. Overall, the figures showed that inflation remains mild. The Labor Department said Thursday that the consumer price index rose 0.2 percent in July after ...
Tagged with: Ben Bernanke consumer spending consumers Economy federal reserve inflation prices
Read More »August 6, 2013 Comments Off on Home prices vault nearly 12 percent in June
U.S. home prices surged 11.9 percent in June from a year earlier, reflecting stronger demand amid a tight supply of homes for sale. CoreLogic, a real estate data provider, said Tuesday that home prices climbed on annual basis in 48 ...
Tagged with: Foreclosures homes housing market mortgage rates prices Real Estate real estate news sales
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