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With soaring fuel costs, airlines are raising fees and cutting flights, which will leave some cities without service. Robert Smith talks to airline industry analyst David Field, U.S. editor for Airline Business Magazine, about how high fuel prices are slamming the airlines.
The weak economy produces middle-aged competition for summer jobs that young people rely on.
Vandals stripped one foreclosed home of its fixtures, plumbing pipes, windows and wiring.
May 24, 2008 · Demand for gas has dropped only slightly since last year, despite the average gas price now hovering around $4 a gallon. Oil economist Philip Verleger says people are cutting back on driving in lots of little ways, but that significant lifestyle changes take time.
Your Money
May 23, 2008 · Driving with air conditioning, cleaning your air filters, gassing up in the morning, using premium fuel all improve fuel efficiency — or do they? Rik Paul, automotive editor for Consumer Reports talks with Michele Norris about tests that dispel popular myths about fuel efficiency.
Analysis
May 23, 2008 · The economy continues to tighten, and the word "recession" is on many lips. But it's still not official whether the country is in a recession. Host Renee Montagne speaks with David Wessel of The Wall Street Journal about who decides when we are in a recession, why they take so long to call it, and why it matters.
Business
May 22, 2008 · Consumers and farmers will soon be on their own when it comes to finding out which pesticides are being sprayed on what. The U.S. Department of Agriculture plans to stop publishing its survey tracking pesticide use.
Business
May 22, 2008 · The soaring price of oil is hitting the airline industry. American Airlines announced Wednesday that it would eliminate about 12 percent of its flights by the end of the year and added a $15 surcharge for each checked bag.
Nation
May 22, 2008 · If you've ever sat in rush-hour traffic, gazing longingly at the cars rushing by in the high-occupancy vehicle lanes, try doing something your parents warned you never to do: Hop in a car with a complete stranger behind the wheel.
Business
May 21, 2008 · As gas prices soar, many owners of large SUVs are trading in their vehicles for smaller gas-sipping cars. They're finding that their big sport utilities aren't worth much as trade-ins.
May 21, 2008 · As gas prices continue to soar, some of the highest pump prices in the country can be found in Chicago. State and local taxes on gasoline contribute to average prices that recently surpassed $4 a gallon.
May 21, 2008 · Heads of major U.S. oil companies have to explain to Congress why gas costs so much. Janet Babin has been keeping an eye on their testimony.
May 21, 2008 · With oil at $129 dollars a barrel, some might expect the U.S. economy to be near collapse. There is a slowdown. But while some sectors are definitely feeling the pain, others have adapted much better than anticipated.
May 21, 2008 · As oil prices have doubled in the past year, hitting $129 a barrel Tuesday, the U.S. dollar has declined. Many forecasters predict oil prices will continue to climb. And budget deficits, weak employment growth and unstable financial markets are likely to keep the dollar weak.
May 20, 2008 · The Canadian soft-wood lumber industry is in freefall. Sawmills are closing or switching to partial schedules, and unions are screaming for government aid to the affected communities. The reason? The American housing bust. But Canadian timber workers are angry at the U.S. for other reasons, too.