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Economic Measures Inflation

  • Austrailia, Austrailian Flag

    Core inflation in Australia accelerated to its fastest annual pace in 17 years last quarter as the cost of fuel, financing and rents all climbed, suggesting interest rates would have to stay high for some time to come.

  • Oil's trend lower has whipped up buying in stocks and could do the same Wednesday, if a string of major blue chips' earnings don't disappoint before the opening bell.

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    The dollar rallied sharply on Tuesday, boosted by a steep drop in oil prices and comments from a Federal Reserve official suggesting that U.S. interest rates may have to rise even before financial markets recover.

  • Oilman T. Boone Pickens says he's pushing his alternative energy proposal to Congress not because he wants to make money through his own businesses, but because he knows how to solve the nation's energy problem.

  • U.S. consumers are going to continue to feel pain until housing prices stabilize, even though global growth remains mostly strong, General Electric Chairman Jeff Immelt said.

  • Click through to see some of your favorite products that have already made the transition to a smaller size.

  • Charles Plosser

    To fend off inflation, the Federal Reserve probably will need to boost interest rates "sooner rather than later" even if employment and financial conditions haven't revived, the president of the Federal Reserve Bank of Philadelphia said Tuesday.

  • Henry Paulson

    Treasury Secretary Henry Paulson said America's housing market could turn a corner and begin recovering within months, but it will take longer to resolve all housing-related problems.

  • Outline of Asia, Map of Asia

    The Asian Development Bank said on Tuesday that central banks in East Asia were moving too slowly to combat the threat of quickening inflation, which it warned seemed to be seeping into the broader economies of the region.

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    As inflation persists, many products are literally shrinking as manufacturers downsize to save money. Here's what to look out for in the grocery aisles.

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    The dollar slipped on Monday, losing some of its recent momentum, after better-than-expected earnings from Bank of America failed to convince investors that the worst for the U.S. financial sector is over.

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    The index of leading U.S. economic indicators slipped 0.1 percent in June, showing that the limping economy is still far from being on the mend, the Conference Board reported.

  • Credit Crunch

    As losses mount at American banks and the pain of the credit crisis spreads from housing and finance to the broader economy, many small companies complain it is increasingly difficult to obtain loans.

  • Henry Paulson

    The U.S. economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, Treasury Secretary Henry Paulson said.

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    The British economy is heading into recession and interest rates should fall to "well below" their current 5 percent, Bank of England policy-maker David Blanchflower was quoted as saying in a newspaper interview.

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    The U.S. economy may have avoided a recession but will grow below trend for some time as firms face higher prices for a range of goods that will cut into profits, according to a panel of economists surveyed.

  • Austrailia, Austrailian Flag

    Australia's producer prices rose by less than expected last quarter thanks to falling costs for a range of imported goods, perhaps lessening the risk of an alarmingly high reading for consumer inflation later this week.

  • Specialist Gregory Zenna, right, directs trading in shares of Verizon on the floor of the New York Stock Exchange, Monday Feb. 14, 2005.  Stocks were narrowly mixed Monday in quiet trading as Wall Street greeted Verizon Communications' $6.7 billion takeover of MCI Corp. with indifference. (AP Photo/Richard Drew)

    Stocks are casting a wary eye on oil and, lacking any dramatic events, earnings news could steer the market.

  • (Prices and ranks are as of July 18, 2008 and are based on figures from the American Automobile Association's Daily Fuel Gauge Report.)

    With consumers feeling the pain at the pump this summer, what states rank among the 10 cheapest for a gallon of regular unleaded on average? Find out!

  • Federal Reserve can not wait until financial and housing markets stabilize before raising interest rates, Minneapolis Fed President Gary Stern said in an interview with Bloomberg on Friday.