Business

Business Why oil is down by half, what it means for you Why oil is down by half, what it means for you
The price of oil has fallen by nearly half in just six months, a surprising and steep plunge that has consumers cheering, producers howling and economists wringing their hands over whether this is a good or bad thing.
Business Fed likely to note gains but signal no rate hike Fed likely to note gains but signal no rate hike
A resurgent U.S. economy has emerged from a long struggle with high unemployment and weak growth. And the Federal Reserve seems poised to recognize the sustained improvement.
Business US homebuilder sentiment slips in December US homebuilder sentiment slips in December
U.S. homebuilders are feeling slightly less confident in their sales prospects heading into next year, even as their overall sales outlook remains favorable.
Business Christmas tree shopping: Cost vs. convenience Christmas tree shopping: Cost vs. convenience
Some U.S. consumers are going over the Internet or through the woods to find fresh Christmas trees this year, taking advantage of shopping options at opposite ends of the cost spectrum.
Business Cheaper gas, food lower US producer prices Cheaper gas, food lower US producer prices
Falling gas and food costs pushed down overall U.S. wholesale prices last month, evidence that cheaper oil worldwide is limiting inflation.
Business Chrysler expands air bag recall Chrysler expands air bag recall
Chrysler is bowing to demands from U.S. safety regulators and will add about 179,000 vehicles to a recall for air bags that could explode with too much force.
Business French court says Uber may infringe on taxi law French court says Uber may infringe on taxi law
A French court has ruled that Uber's ride-hailing service may infringe French law and ordered the company to make changes to its popular mobile app-based service.
Business U.S. retail sales climb on holiday shopping U.S. retail sales climb on holiday shopping
U.S. retail sales perked up in November with the start of the holiday shopping season, led by online buying and purchases of autos, clothing and electronics.