US Economy

Budget Battles

  • Saving $1.11 a gallon might not sound like much. But if you're filling up a 20 gallon tank, you could save $22. Do that once a week and you'd save $1,150 a year.

    Why Gas Prices Are Headed Lower

    By Patti Domm, CNBC

    With U.S. refineries running at record levels, the global oil glut is turning into a fuel glut. Already, U.S. refineries, maxing out production capacity, have created an oversupply of diesel. Diesel...

  • What to Watch for in Earnings Season Numbers (Hint: Not Earnings)

    By Yuval Rosenberg

    We’re in the thick of earnings season, with tech giants Apple, Microsoft and Yahoo all set to report their quarterly numbers after the market’s close. As those earnings numbers and others get...

  • Colored ticker board

    The Nasdaq Is Flashing a Dot-com Era Warning Signal

    By Anthony Mirhaydari

    For the stock market, perception is reality. So despite the fact that the Dow Jones Industrial Average is still mired in a trading range near the 18,000 level it first reached in December — an eight-...

  • 5 Reasons Gold Is Falling

    By Michael Rainey

    As the price of gold continues to tumble, even the gold bulls are having second thoughts about their precious metal. Gold was selling for $1,108 an ounce in New York on Monday, down 2 percent on the...

  • Cuba's President Raul Castro stands with his U.S. counterpart Barack Obama before the inauguration of the VII Summit of the Americas in Panama City

    As Embassies Reopen, Don’t Expect Economic Miracles in Cuba

    By Katy Barnato, CNBC

    As the Cuban Embassy in Washington D.C. reopens on Monday after a 54-year gap, analysts said that easing relations with the U.S. could provide "limited" commercial benefit for the communist nation...