Report: U.S. Economy Continued To Grow In Late 2014

Posted On January 14, 2015

(Washington, DC) -- The U.S. economy continued to expand in late 2014, according to the Federal Reserve's latest survey of economic conditions. The Beige Book was released today and it showed modest growth across most categories. While payrolls expanded, the report found little evidence of increases in wages. The Fed also noted that energy producing…

Stocks Open Lower On Global Jitters

Posted On January 14, 2015

(New York, NY) -- Stocks are lower at the open on global worries. Disappointing readings on consumer spending and Tuesday's gloomy economic outlook from the World Bank are among the factors weighing on the markets. The Dow Jones Industrial Average, Nasdaq and S&P 500 were all in negative territory after the opening bell.

Former Hewlett-Packard CEO Looks To 2016 WH Run

Posted On January 14, 2015

(Undated) -- Former Hewlett-Packard CEO Carly Fiorina could be eying a run for President in 2016. Fiorina tells Fox News' "On The Record" she can offer something different to the White House.   Fiorina previously ran unsuccessfully for the U.S. Senate in California. She is scheduled to return to New Hampshire next month for a…

December Retail Sales Drop

Posted On January 14, 2015

(Undated) -- Overall retail sales fell nearly a one-percent last month. The Commerce Department said today sales fell zero-point-nine-percent in December, after a zero-point-seven increase in November. The sharp decline surprised analysts, but most feel the drop is temporary and the economy is still trending in a positive direction.

Shell Gets OK To Ship Super-Light Crude

Posted On January 14, 2015

(Houston) -- The U.S. Department of Commerce is giving Shell the green light to export crude oil condensate. The company says they can now move ahead with exports of condensate, a super-light crude that has had very little processing. Until last year, U.S. oil companies believed condensate would need more processing before it could be…