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Consumer prices fall 0.4% on cheaper gas
A sharp fall in the cost of gas drove a measure of U.S. consumer prices down last month by the most since December 2008. Outside the drop in fuel costs, prices were largely unchanged. The consumer price index fell 0.4 percent in April from March, the...Tags: Consumers, Federal Reserve, Productivity, Economy, Business and Finance, AAA
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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...
Tags: Minivans and Vans, Economy, Business and Finance, Hybrid Vehicles, Luxury Vehicles, Upstream Oil and Gas Activities
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Obama's Social Security proposal sparks GOP confusion
WASHINGTON -- President Obama's proposal to trim Social Security's cost-of-living adjustments has sparked not only Democratic outrage, but Republican confusion. In the days since Obama put the idea in his 2014 budget, Republicans' reactions have...
Tags: Budgets and Budgeting, Economy, Business and Finance, Parties and Movements, Elections, Social Security
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Experts expect summer gasoline prices as low as $3.84 in California
Experts are saying American drivers, including Californians, can expect some of the lowest summer gasoline prices they have seen in three years. Some are predicting a steady decline in California gasoline prices to as low as $3.84 a gallon by August....
Tags: Petroleum Industry, Economy, Business and Finance, Toyota Recalls, Upstream Oil and Gas Activities, Gasoline Industry
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McManus: Can Obama sell 'chained CPI'?
President Obama won't release his proposed budget for 2014 until Wednesday, but liberals and AARP have been howling all week about something they expect to be in it. What has our president done to provoke such outrage among his supporters? He's...
Tags: Budgets and Budgeting, Consumers, Economy, Business and Finance, Lifestyle and Leisure, U.S. Congress
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Chained thinking on the federal deficit
Washington's tug of war over the federal budget has many wonders, but the biggest one of all must be the lengths to which politicians and pundits will go to deprive Granny and Grandpa of $30 a month. That's the amount by which benefits for the average...
Tags: Budgets and Budgeting, Los Angeles Times Columnists, Congressional Budget Office, Bananas, Public Finance
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A regulation that might actually reduce California gasoline prices
California's strict low-carbon fuel standard could help reduce gasoline prices in the state, the opposite of what many have predicted, by encouraging the use of a relatively cheap and relatively clean U.S. crude oil, some experts now say. The standard...
Tags: Petroleum Industry, Commodity Markets, Economy, Business and Finance, Gasoline Industry, Energy
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Consumer prices drop on cheaper gas, electricity and apparel
WASHINGTON — U.S. consumer prices slid in March after spiking in the prior month as gasoline prices fell back — the latest indication that inflation remains subdued despite the Federal Reserve's continued action to pump billions of dollars...
Tags: Consumers, Federal Reserve, China, Economy, Business and Finance, Gasoline Industry
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Portrait studios suddenly close in Sears, some Wal-Marts
Portrait studios at Sears and some Wal-Mart stores — the scenes of innumerable family photos — have unexpectedly closed as their operator, CPI Corp., goes out of business. The portrait provider said in a statement on its website that all...
Tags: Arts, Economy, Business and Finance, Eastman Kodak Company, Computer Hardware, Services and Shopping
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Socialist senator at odds with Obama over veterans benefits
WASHINGTON — A few hours before midnight during a marathon budget session, Sen. Bernie Sanders of Vermont, the only member of Congress elected as a socialist, called for a vote on his proposal to oppose any cut in cost-of-living adjustments for...
Tags: Budgets and Budgeting, Political Systems, Economy, Business and Finance, U.S. Congress, Democratic Party
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Obama's budget plan draws fire from both sides
WASHINGTON — The budget that President Obama is scheduled to release next week drew attacks Friday from both the left and right — a reaction that White House aides appeared to welcome as they sought to portray the plan as a middle-of-the-...
Tags: Jay Carney, Budgets and Budgeting, Economy, Business and Finance, White House, U.S. Congress
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Why 'chained CPI' works for Social Security [Blowback]
In his March 22 blog post criticizing proposals to switch from the consumer price index to "chained CPI" to determine cost-of-living adjustments for Social Security beneficiaries and other items in the federal budget, Michael Hiltzik claimed that there...
Tags: Budgets and Budgeting, Personal Income, Economy, Business and Finance, Social Security, Temporary Assistance for Needy Families
May 16, 2013
|Story| AP Member Choice Complete
May 8, 2013
|Story| Los Angeles Times
Apr 12, 2013
|Story| Los Angeles Times
Apr 11, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Column| Los Angeles Times
Apr 23, 2013
|Column| Los Angeles Times
Apr 18, 2013
|Story| Los Angeles Times
Apr 16, 2013
|Story| Los Angeles Times
Apr 5, 2013
|Story| Los Angeles Times
Apr 6, 2013
|Story| Los Angeles Times
Apr 5, 2013
|Story| Los Angeles Times
Apr 2, 2013
|Story| Los Angeles Times
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