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Gas Prices Up Eleven Cents In July

Posted: 07/19/2012 - Since the start of July, the average price at the pump has risen 11 cents, with a gallon of regular gas now averaging $3.44.

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Mortgage Rates Fall Below Three Percent

Posted: 07/19/2012 - Average rates on fixed mortgages fell again to record lows, creating more incentive for buyers to enter the recovering housing market.

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Capital One Repays Consumers To End Card Probe

Posted: 07/18/2012 - Capital One Bank is paying $165 million to settle charges that it pressured credit card customers to buy costly add-on services like payment protection and credit monitoring.

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U.S. Congress Conducting Rate-Fixing Inquiries

Posted: 07/10/2012 - Two congressional committees are raising questions about what U.S. regulators knew concerning allegations that a key global interest rate was being manipulated.

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NYC Asking Developers To Test Tiny Apartments

Posted: 07/09/2012 - Mayor Michael Bloomberg is inviting developers to propose ways to turn a city lot into a building filled mostly with micro-units of no more than 300 square feet.

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AT&T Drops Legal Fight Over Man's $1M Bill

Updated: 07/09/2012 - A Massachusetts businessman says someone hacked into his small manufacturing company's phone system in 2009 and made nearly $900,000 in calls to Somalia

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Retailers Accuse Pfizer Of Delaying Generic Drugs

Posted: 07/06/2012 - Five large drug and grocery chains are suing Pfizer Inc. and a second drugmaker, alleging they conspired to delay sales of cheap generic versions of the blockbuster cholesterol drug Lipitor.

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Oil Down To Near $85

Posted: 07/06/2012 - Oil fell below $86 a barrel Friday as concerns over the global economy dominated trading.

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Report: Countrywide Won Influence With Discounts

Posted: 07/05/2012 - The former Countrywide Financial Corp., whose subprime loans helped start the nation's foreclosure crisis, made hundreds of discount loans to buy influence with members of Congress, congressional staff, top government officials and executives of troubled mortgage giant Fannie Mae, according to a House report.

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IMF: U.S. Must Avoid Big Tax Jump, Spending Cuts

Posted: 07/03/2012 - U.S. lawmakers must work quickly to avoid sharp tax increases and spending cuts that could throw the economy into recession next year, an international lending organization said Tuesday.

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Russell Stover Candies Agrees To EPA Settlement

Posted: 06/21/2012 - Russell Stover Candies has agreed to pay $585,000 to settle alleged violations of the federal Clean Water Act at its facility in the east-central Kansas town of Iola.

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Chesapeake Names Former Conoco CEO As Chairman

Posted: 06/21/2012 - Chesapeake appointed Archie Dunham, a former board chairman at ConocoPhillips, as an independent non-executive chairman. Dunham has no prior relationship with Chesapeake.

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Bernanke: Bond Buys An Option If Economy Sours

Posted: 06/20/2012 - Chairman Ben Bernanke says the Federal Reserve is open to purchasing more Treasury bonds to lower long-term interest rates and boost growth if the economy worsens.

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