The average U.S. price of gasoline has dipped 6 cents a gallon in the past two weeks and prices in California have fallen 9 cents in the same time period.
U.S. stocks gained Monday, extending a rebound from Friday, as investors focused on corporate news instead of geopolitical concerns.
The group of oil and gas pipeline and storage companies controlled by Kinder Morgan but traded separately will combine and become the 4th biggest U.S. energy company by market value.
Plans to regulate cigars and other tobacco products the same as cigarettes may threaten one of the nation's top-selling cigar brands - Black & Mild.
Officials say commuters and visitors at the World Trade Center will be able to take advantage of free WiFi.
In the last few years, advancements in energy technology, such as directional and horizontal drilling, have unlocked vast quantities of oil and natural gas trapped far below the earth’s surface. Not only is this significant to our economy and way of life, but it dovetails superbly with industry’s ongoing environmental stewardship efforts by reducing impacts associated with disturbance and habitat fragmentation.
Caterpillar has evacuated a handful of employees from Liberia. Canadian Overseas Petroleum Ltd. has suspended a drilling project. British Airways has canceled flights to the region. ExxonMobil and Chevron are waiting to see whether health officials can contain the danger.
U.S. workers were more productive in the April-June quarter and labor costs rose slightly, a sharp turnaround from grim first-quarter figures.
U.S. wholesalers restocked their warehouses at a modest pace in June for a second straight month, a sign they may anticipate slower growth ahead.
Malaysia's state investment company said Friday it plans to make Malaysia Airlines fully government owned, removing it from the country's stock exchange before carrying out an overhaul of the carrier that is reeling from double disasters.
Former congressman Anthony Weiner wants to open a restaurant in New York City.
McDonald's says a global sales figure fell 2.5 percent in July, dragged down by persistent weakness in the U.S. and a food safety scare in China.
Consumer spending has soared since the Great Recession ended five years ago in U.S. states with oil and gas drilling booms and has lagged in states hit especially hard by the housing bust.
Fewer people sought U.S. unemployment benefits last week, as jobless claims remain at relatively low levels that point toward stronger economic growth.
Government-controlled mortgage companies Fannie Mae and Freddie Mac posted profits for the April-June period as the U.S. housing market continued to recover.