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  • Paying more at the pump? Blame ethanol prices! Monday, 24 Mar 2014 | 8:48 AM ET

    The U.S. average price of gasoline rose by 5 cents during the past two weeks, caused by the jump in the price of ethanol used to make gasoline.

  • March 23- The average price for a gallon of gasoline in the United States rose nearly 5 cents over the past two weeks, driven mainly by a jump in the price of ethanol, according to a survey.

  • Hours after Washington slapped sanctions on 20 of Russian President Vladimir Putin's closest long-time political and business allies, Swiss-based trading firm Gunvor announced that Timchenko had sold his stake in the firm to Chief Executive Officer Torbjorn Tornqvist earlier this week in order to "ensure with certainty the continued and uninterrupted operations" of Gunvor.

  • NEW YORK, March 20- Minutes after the U.S. government said Thursday it would punish the Russian co-owner of the world's No.4 private oil trading firm Gunvor SA with crippling sanctions, traders and bankers active in global oil markets began asking urgent questions.

  • FACTBOX-Gunvor's energy trading and production assets Thursday, 20 Mar 2014 | 6:46 PM ET

    NEW YORK, March 20- The United States added former Gunvor owner Gennady Timchenko to its sanctions list on Thursday, raising questions about whether the move could drag his far-reaching business interests into the standoff between Russia and Ukraine. *Had a turnover of $93 billion in 2012, up from $5 billion in 2004..

  • GENEVA, March 20- The United States added Russian billionaires Gennady Timchenko and Boris and Arkady Rotenberg to its sanctions list on Thursday, dragging their huge and potentially far-reaching business interests into the row over Ukraine.

  • Rippe saw TransCanada Corp- the company that hopes to build the 1,200- mile Keystone XL segment as part of a network of pipelines that move oil from Canada to refineries on Texas's Gulf Coast- lay another section of the Keystone line nearby four years ago.

  • Rippe saw TransCanada Corp- the company that hopes to build the 1,200- mile Keystone XL segment as part of a network of pipelines that move oil from Canada to refineries on Texas's Gulf Coast- lay another section of the Keystone line nearby four years ago.

  • Mt.Gox customers could be out of luck, experts warn Thursday, 27 Feb 2014 | 7:38 AM ET
    A bitcoin trader is surrounded by reporters as he protests against Tokyo-based bitcoin changer Mt.Gox in front of the company's office.

    Bitcoin exchange customers may have little chance of recovering their funds if they prove to be missing, according to legal and regulatory experts.

  • Going up: 13 states raising minimum wage on Jan. 1 Monday, 30 Dec 2013 | 12:44 PM ET
    Protesters at a rally against low wages for fast-food workers, in front of a McDonald's, Dec. 5, 2013, in Phoenix.

    As many as 11 other states and Washington, D.C., are expected to consider increases in 2014. USA Today reports.

  • Which home will sell for $100 million in 2014? Monday, 23 Dec 2013 | 11:38 AM ET
    The De Guigne Estate, Hillsborough, Calif.

    The $100 million sale seems to have become an annual rite of passage for the luxury real estate market following the financial crisis.

  • Thinning blue line: Police cuts cripple cities Friday, 22 Nov 2013 | 8:56 AM ET
    In crisis: Trenton police on patrol in the Garden State's capitol

    Wider efforts to rebuild America's deeply depressed cities can't succeed until public safety is restored.

  • The new city economy Thursday, 21 Nov 2013 | 9:45 AM ET
    Ford Motor Co. said it will invest $200 million to make four-cylinder engines at the Ford Motor Co. Cleveland Engine Plant in Brook Park, Ohio.

    Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.

  • How Orlando and Phoenix are making a comeback Wednesday, 20 Nov 2013 | 8:47 AM ET
    Orlando, Florida

    These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.

  • Miami vice: Shady muni deals cripple cities Wednesday, 20 Nov 2013 | 8:00 AM ET

    The ebbing economic tide from the Great Recession revealed some of the worst swindles in municipal finance in decades.

  • Is the muni bond market about to blow up? Tuesday, 19 Nov 2013 | 9:26 AM ET
    Detroit city grate is missing a cover. With cut backs to city services, Detroit's infrastructure has fallen into disrepair.

    Detroit's bankruptcy, and rumblings about tax overhaul, have fueled a big sell off in the municipal bond market. What's next?

  • Behind the scenes: 'Critical Condition' US tour Monday, 18 Nov 2013 | 8:34 AM ET
    Home of Charles Lang Freer, Detroit railroad car manufacturer.

    Visit any American city and it doesn't take a whole lot of imagination to see where its greatness came from—however faded it may seem to be.

  • This small city is full of big surprises Monday, 18 Nov 2013 | 8:15 AM ET
    Market Street Bridge and the Tennessee Aquarium.

    Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.

  • America's cities are on the edge, and hard to fix Monday, 18 Nov 2013 | 8:09 AM ET
    A construction crew fixing aging water pipes in Baltimore, Maryland.

    Federal and state funding cutbacks are challenging Main Street. The future of America is at stake since cities contribute more than 90 percent to GDP.

  • Damage to city budgets: Some was self-inflicted Monday, 18 Nov 2013 | 7:00 AM ET
    View of downtown Oakland, California.

    Interest rate swaps - sold as a way to save money on public financing - have turned into municipal bombs.