Energy – Page 3 – Your Economy Friend

Cheap Airfares? Fall Deals Aren’t for Reasons You’d Expect

April 2, 2016

David McNew/Getty ImagesPassengers departing from some markets are paying less for airfare than they did a year ago. NEW YORK -- Don't believe the hype. Airfare may be going down, but prices in the skies ha...

Market Wrap: Wall Street Ends Lower, but Health Stocks Rally

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March 26, 2016

Energy

Andrew Burton/Getty Images NEW YORK -- U.S. stocks ended a quiet session with modest losses Thursday, but health care stocks rallied after the Supreme Court upheld tax subsidies key to President Barack Obam...

Erase Your Carbon Footprint for $9 a Month! What’s the Catch?

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February 26, 2016

Energy

majeczka/Shutterstock That's the promise that Duke Energy (DUK) made to its customers in a mailing last year. According to the electricity giant, by voluntarily adding $1.80 more to your monthly electric bi...

Market Wrap: Stocks Gain as Investors Eye Rate Hike Delay

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February 23, 2016

Energy

Mark Lennihan/AP NEW YORK -- U.S. stocks jumped Monday, with the S&P 500 rising for the fifth day in a row, as rising oil prices boosted energy stocks and investors bet the Federal Reserve would not rai...

Market Wrap: Stocks Rise Sharply on Tech, Ukraine Deal

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February 21, 2016

Energy

Richard Drew/AP NEW YORK -- U.S. stocks ended sharply higher Thursday, with a rally in technology stocks leading the Nasdaq to a 15-year high, while a ceasefire agreement between Russia and Ukraine also eas...

Manufacturing, Mining Drag U.S. Industrial Production

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February 5, 2016

Energy

M. Spencer Green/APA Ford Motor employee works on the engine assembly of a 2016 Ford Explorer at the Chicago Assembly Plant in Chicago. WASHINGTON -- U.S. industrial production unexpectedly fell in May as m...

Market Wrap: Stocks Up, Driven by Energy Amid Global Tension

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January 1, 2016

Energy

Richard Drew/APNEW YORK -- U.S. shares closed higher Tuesday as energy stocks rose along with oil prices after Turkey shot down a Russian warplane near the Syrian border.The three major U.S. indexes recovered f...

Gas Prices Resume Drop, Ending Weeks of Increases

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December 14, 2015

Energy

Justin Sullivan/Getty Images NEW YORK -- The average price of regular grade gasoline fell 4 cents in the past two weeks, bringing it to $2.50 a gallon, according to the Lundberg survey released Sunday. Pri...

Gas Prices Surge but Still Way Lower Than Last Year

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December 11, 2015

Energy

Wilfredo Lee/AP The average price of regular grade gasoline rose 21 cents in the past two weeks, bringing it to $2.54 a gallon, according to the Lundberg survey released Sunday. Prices bottomed out on Jan....

Autos Lift Industrial Output; Consumer Sentiment Slips

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November 17, 2015

Energy

Mark Humphrey/APWorkers prepare chocolate molds at Olive and Sinclair Chocolate in Nashville, Tenn. WASHINGTON -- U.S. industrial output advanced at its strongest pace in eight months in July as auto produc...

Market Wrap: Dow, S&P 500 Slip on Energy, Walmart; Tech Up

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November 4, 2015

Energy

Richard Drew/AP NEW YORK -- The Dow and S&P 500 eased Thursday following declines in energy shares and a disappointing outlook from Walmart, while the Nasdaq hit another 15-year high as Priceline shares...

Market Wrap: Wall Street Falls After China Devaluation

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November 4, 2015

Energy

Richard Drew/AP NEW YORK -- U.S. stocks fell Tuesday as China's surprise devaluation of the yuan currency hit companies with a big exposure to the country and added to worries about the global economic outl...

Market Wrap: Dow, S&P 500 Rise on Merck, IBM; Nasdaq Slips

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October 28, 2015

Energy

Richard Drew/AP NEW YORK -- The Dow and S&P 500 ended a volatile session higher on Tuesday, helped by strong earnings from Merck and gains in IBM after it boosted its dividend, while the Nasdaq fell wit...

Caterpillar May Cut Up to 10,000 Jobs Through 2018

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October 28, 2015

Energy

Daniel Acker/Bloomberg via Getty Images Caterpillar (CAT) slashed its 2015 revenue forecast Thursday and said it will cut as many as 10,000 jobs through 2018, joining a list of big U.S. industrial companies...