Consumer Report Economy
Jan 12, 2015 8:28pm

Gas Prices Fall Again, With No Floor in Sight

The average price of a gallon of regular fell to $2.14, down 8 cents from a week ago and $1.19 less compared with a year ago, according to the Department of Energy. This is the lowest weekly average gas price since May 2009 — the… Read More »

Companies
Jan 7, 2015 8:44am

Keurig Brews Deal With Dr. Pepper Snapple

Morning Money Memo… If you like single-shot coffee pods, are you ready for home-made soda drinks?  Keurig Green Mountain has struck a deal with Dr. Pepper Snapple to make single-serve capsules for use in its soon-to-be released cold beverage system. The companies aren’t saying much… Read More »

Companies
Jan 6, 2015 10:28am

Petco Clears Its Shelves of Treats From China

Morning Money Memo… Some treats might bring nothing but misery. The pet food and accessory chain Petco has removed Chinese-made dog and cat treats from store shelves because of concerns they have sickened thousands of pets and killed 1,000 dogs in the U.S. since 2007…. Read More »

Economy
Jan 5, 2015 9:30am

Greek Drama Has Euro Market Watchers on Edge of Their Seats

Morning Money Memo… Europe’s wobbly finances are once again a worry for global financial markets, showing that you never can tell where the next surprise for the stock market might come from.  Germany’s Chancellor Angela Merkel has delivered a stern warning to Greece, saying her… Read More »

Economy
Jan 1, 2015 7:57am

Snapchat Ends Year to Celebrate 10 Billion Ways After Facebook Rejection

  Morning Money Memo: Snapchat is ringing in the New Year in a big way. The mobile messaging service raised $486 million in a latest round of funding, according to an SEC filling Wednesday, which could push the company’s valuation upwards of $10 billion. Snapchat famously… Read More »

Companies Consumer Report
Dec 31, 2014 9:04am

2014: It’s Been a Brilliant Year for Investors

Morning Money Memo…. Take a look at your 401(k) fund statement: 2014 has been a very good year for most investors and businesses. The S&P 500 big stock index is up more than 12.5 percent. Stock returns are usually far stronger than keeping your money… Read More »

Companies Economy
Dec 30, 2014 10:40am

Tech Bubble Talk Evokes the 2000 Boom and Bust

Morning Money Memo: Are we heading into another tech bubble?  Some investment experts are warning that some technology companies are overvalued, bringing back memories of the Nasdaq bubble in 2000. “There are some pockets of exuberance,” Scott Kupor of the venture capital firm Andreessen Horowitz… Read More »

Companies Consumer Report
Dec 29, 2014 6:28pm

Christmas Parcel Delivery Improves Over 2013

Morning Money Memo… The Christmas parcel rush went much better than last year, when bad weather contributed to major shipping snafus. But how did retailers do with their late promises to customers? The online commerce research firm StellaService did a performance test on 40 large… Read More »

Companies
Dec 26, 2014 9:23am

Gift Cards, Returns Combine for 2nd-Best Shopping Day

Morning Money Memo: Let’s call it “Bringback Friday.” Retailers are expecting the second busiest shopping day of the year today, as stores prepare for an onslaught of post-Christmas shoppers preparing to buy or return their gifts from Santa. Millions of less-than-satisfied gift receivers will look… Read More »

Companies Consumer Report
Dec 25, 2014 7:48am

Jobs, Economy and Stocks Gain as Year Closes

Morning Money Memo… Major markets in the U.S. and Europe are closed today for Christmas. The Dow finished up just 6 points yesterday, enough to set yet another new record for the index at 18,030. Markets will end the week with good news in hand,… Read More »