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Market and Exchange

A collection of news and information related to Market and Exchange published by this site and its partners.

Top Market and Exchange Articles

Displaying items 109-120
  • Consumer prices jump 0.5% in June on higher gasoline costs

    Consumer prices jump 0.5% in June on higher gasoline costs
    WASHINGTON -- Sharply higher prices at the gas pump led to the biggest jump in inflation since the winter, the Labor Department said Tuesday. The Consumer Price Index rose 0.5% in June after just a 0.1% increase in May. Gasoline prices were the major...
  • Food prices increased in June

    Food prices increased in June
    I recently embarked on a price comparison project at six of the major grocery stores in Hampton Roads. What I found was quite surprising: Prices have declined over the past year. (More on that to come in the Daily Press on Sunday, July 21). In the...
  • Euro must have reform, not Americanization

    PARIS -- More than two decades ago, the Delors plan for European currency union was initially proposed. Some of us asked whether eight, 12 or 15 different European economies, with their distinct budgets (and budget priorities), fiscal situations and...
  • Siena conference further evidence of stalemated euro zone

    SIENA, ITALY -- The European Union is at risk of being destroyed by the euro. The credit crisis founded upon the swindle by Wall Street that was retailed to Europe's banks has created divisions in Europe which are undermining what was supposed to be...
  • Would a stronger European federation even help?

    PARIS -- The belief widely held is that enlarged federalism is the appropriate response to the economic crisis provoked by the Wall Street credit crash. Why? Fundamental to the crisis is the degree of federation it already has. Seventeen economically...
  • Elections could shift EU away from austerity, but should they?

    PARIS -- The weekend elections in France and Greece seem widely to have been taken, at least on the European and American left, as a solution to the great European economic crisis. The Greeks will hold another election, which a leftist coalition may...
  • A right and proper death of the euro

    PARIS -- When the proposal was initially made for a common European currency, it seemed to this writer to be a good idea, with the flaw that it wouldn't work. Although inexpert in economics (being a product of the age of arithmetic), it struck me as an...
  • Can the EU be saved?

    PARIS -- It is not simply the euro zone that is threatened by the dramatic economic discrepancies that now exist among its members, as well as the large indebtedness gap that exists between the southern members of the zone and the German-led bloc of...
  • Consumer prices nudge up in May, but inflation remains tame

    WASHINGTON -- Consumer prices rose in May for the first time in three months, but the increase was small and inflation over the past year remained tame, the Labor Department said Tuesday. The consumer price index rose a seasonally adjusted 0.1% last...
  • Small drop in gasoline prices dents used hybrid, electric car values

    Small drop in gasoline prices dents used hybrid, electric car values
    Gasoline prices are only slightly below levels set in 2011 and 2012, according to Energy Department statistics. But even a relatively small decline is enough to dent the used car auction prices of hybrid vehicles and the retained value of electric...
  • Record exports mean U.S. summer gasoline prices won't be much lower

    Summer gasoline prices will be lower in the U.S. than they were last year. But they won't be much lower, experts say, because U.S. refineries have been exporting record amounts of fuel overseas. That's behind what would normally just be a good news...
  • Europe has no exit

    Europe has no exit
    WASHINGTON -- For most Americans, Europe is out of sight and out of mind. We figure that the worst of its debt crisis has passed. Italy has a new government. To mute social unrest, some countries are slightly relaxing austerity policies. The European...