Category Archives: Rises

Minimum wage increases for workers in eight states

By doris | Published: December 26, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — While some workers are worried about smaller paychecks next year, more than 1.4 million low-income earners will see their wages go up on New Year’s Day. Minimum wage rates in Arizona, Colorado, Florida, Montana, Ohio, Oregon, Vermont and Washington will rise between 28 and 37 cents per [...]

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Higher prices for food are about to get worse

By doris | Published: March 16, 2011

Full Story at msnbc.com WASHINGTON — Americans are noticing higher prices at the grocery store, and it’s about to get worse. Food prices at the wholesale level rose last month by the most in 36 years. Cold weather accounted for most of it, forcing stores and restaurants to pay more for green peppers, lettuce and [...]

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U.S. oil prices don’t matter at the pump

By doris | Published: February 21, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — U.S. oil prices remain relatively low compared to the rest of the world, but that doesn’t mean American motorists are getting a break at the gas station. Gasoline prices in the United States have jumped 5 cents in just a week, according to AAA.

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China accuses Wal-Mart of ‘deceptive prices’

By doris | Published: January 26, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — China has accused Wal-Mart, the world’s largest retailer, and its French competitor Carrefour of price gouging and misleading consumers by advertising false discounts on goods sold in their stores. The National Development and Reform Commission (NDRC), the Chinese agency that coordinates economic and social development, made those [...]

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10 things to buy before the end of the year

By doris | Published: December 25, 2010

Full Story at msnbc.com Your Christmas shopping may now be over. So what better time to think about buying a few items for yourself before the end of the year. Think about going against the grain and you’ll get some good deals on non-gift items. Before the clock strikes midnight on New Year’s here are [...]

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Gas prices inch up as oil prices rise

By doris | Published: October 25, 2010

Full Story at money.cnn.com ATLANTA (CNN) — U.S. gas prices rose by a little more than a nickel over the past two weeks, as recent increases in crude prices made their way to the pump, according to a new survey of filling stations. The latest Lundberg Survey, conducted Friday, found the average price of self-serve [...]

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Air fares are up, up and away

By doris | Published: September 22, 2010

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — If you want to fly for the holidays, then get ready to empty your wallet, because air fares are heading sky-high. The average price to fly one mile rose 14% in August, compared to the same month in 2009, according to a report by the Air Transport [...]

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Coffee prices on the rise

By doris | Published: September 12, 2010

Full Story at money.cnn.com  You may soon find yourself paying more for your morning coffee – if you aren’t already. A trifecta of bad news has sent coffee futures soaring 44% since June, and companies such as Dunkin’ Donuts, Green Mountain and Maxwell House are passing on those costs. Bad weather in South America is [...]

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Freddie Mac sees rates headed to 6 percent by end of 2010

By doris | Published: December 26, 2009

Full Story at Yahoo! News WASHINGTON (Reuters) – After hitting an all-time low in early December, the average rate on a 30-year, fixed-rate mortgage rose to 5.05 percent this week and could climb to 6 percent by the end of 2010, the Washington Post reported on Saturday, citing U.S. mortgage financier Freddie Mac’s latest survey. [...]

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Gas prices chugging higher as holidays near

By doris | Published: October 31, 2009

Full Story at  msnbc.com Americans are paying more for gasoline than they did last year as the holidays approached — billions of dollars that could go to books, clothes and Barbie dolls instead being spent at the pump. Gas averaged nearly $2.70 a gallon Friday, the highest of the year — adding bad news to [...]

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Saudia Arabia: $200 Oil In 2 Years

By doris | Published: May 26, 2009

Full Story At money.cnn.com (alleyinsider.com) — Saudi Arabia warned oil prices could spike to beyond the near $150 record high of 2008 within two to three years, as energy leaders on Monday decried a blow to investment in expanding capacity due to the financial crisis. Energy ministers and officials at the Group of Eight energy [...]

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Gas: 12% surge in 3 weeks

By doris | Published: May 17, 2009

Full Story At money.cnn.com NEW YORK (CNNMoney.com) — Gas prices rose overnight, with the national average up nearly 12% in less than three weeks, according to a daily survey. The national average price for a gallon of regular gasoline rose 0.9 cent Friday to $2.290 a gallon, reported motorist group AAA. Friday’s increase marks the [...]

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Peel ’n’ weep: Stamps go up 2 cents Monday

By doris | Published: May 10, 2009

Full Story At  msnbc.com WASHINGTON – Peel it and weep: It’ll cost an extra 2 cents to mail a letter starting Monday. The price of a first-class stamp will climb to 44 cents, though people who planned ahead and stocked up on Forever stamps will still be paying the lower rate. It’s the third year [...]

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Pirate attacks drive up the cost of shipping

By doris | Published: April 13, 2009

Full Story At  msnbc.com LONDON – Shipping your oil across the Gulf of Aden? Don’t forget your piracy insurance. As a ragtag group of gunmen faced off for days against the U.S. Navy near the coast of Somalia before a cargo ship captain was freed Sunday, industry-watchers say shipping companies already smarting from the global [...]

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