WEDNESDAY, May 9, 2012 - The price of oil has been falling in May. The cost of a barrel of crude oil fell 93 cents to $97.01 on Tuesday. The price is down more than $9 this month and is far below the year’s peak of nearly $110, reached in late February. Fears of slowing economies in the U.S. and Europe, along with apparently easing tensions in the Middle East, are among factors behind the decline.
Number of the Week: How 2013 Stacked Up, in Charts
WEDNESDAY, July 25, 2012 - Imports are rising as Americans buy more cars and homes. Imports shipped in containers climbed 2.9% in the second quarter from a year earlier, a faster pace than in the first quarter — notching the third straight quarter of increases. The economy is struggling, but demand for imported auto parts, furniture and electronics is rising, a sign of consumer demand.
WEDNESDAY, April 25, 2012 - Gasoline prices are off their highs. The average price for a gallon of unleaded gasoline was $3.85 on Tuesday, essentially flat from the same date a year ago. Gasoline prices are tracking the price of crude oil, which is down from its recent highs. Futures markets suggest gas prices will continue to ease over the summer, which would relieve the pressure on consumers.
THURSDAY, March 15, 2012 - The price of imported oil keeps rising. Petroleum import prices, which ultimately impact the price consumers pay at the pump, rose 1.8% in February, after rising 0.3% in January. Oil prices have climbed in recent months on tensions with Iran, but are muted compared with last year when oil import prices increased 2.1% on average each month.
MONDAY, May 21, 2012 - The euro has been losing ground against the dollar. The currency settled at $1.278 Friday, a slight gain for the day. But that was down more than 3.5% over the past three weeks and nearly 10% during the past year. Concerns about Europe’s fiscal crisis and the prospect of Greece’s exit from the currency bloc have been behind the decline.
WEDNESDAY, March 28, 2012 - Americans confidence in the economy slipped in March, after rising sharply in February. The Conference Boards Consumer Confidence Index fell to 70.2 from an upwardly revised 71.6 in February. With the job market showing improvement, most Americans remain upbeat about the state of the economy, but they are becoming a bit worried about the next six months, given rising gasoline prices. wsj-vital-signs
Quit the job or get fired: Fewer than half of all Americans workers are satisfied with their jobs... So how do you know when the level of unhappiness has reached the point of no return and you're better off leaving a job than sticking it out?
TUESDAY, August 28, 2012 - Tropical Storm Isaac’s projected path is similar to the one that Hurricane Katrina took in 2005. But the 2012 storm season is unlikely to rival 2005, when eight storms made landfall in the U.S. and caused an inflation-adjusted $129.5 billion in combined damage. That was the worst year since World War II, and more than 2.5 times as bad as the 2004 season, which was the second-worst.