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[ In Gas Prices ]Gas Prices Contiue to Climb After News of Multiple Refinery Shutdowns in U.S.Bullish news continues to dominate the market causing both oil and retail gas prices to increase. The national average price for a gallon of regular retail gasoline surpassed $3.40 for the first time since November 16, 2011. Pump prices jumped again after news that multiple refineries across the U.S. shutdown, causing gas output to decrease by 2.8 percent last week to 8.5 million barrels a day, the lowest level since February 2010, according to the Energy Department...
Warning! Better Business Bureau Phishing Email is Out AgainThird time’s a charm but we don’t think it will be the last! BBB nationwide has been hit yet again by a phishing email scam targeting our accredited businesses, non-accredited businesses and consumers.Warning, do not click on any link in the body of the email! Doing so could result in installing a virus on your computer...
[ In Personal Finance ]Top Scams of 2011Better Business Bureau investigates thousands of scams every year, from the latest gimmicks to schemes as old as the hills. We’ve divided scams up into nine major categories and picked the top scam in each, plus our Scam of the Year...
[ In Personal Finance ]What To Know When Dealing With A Debt CollectorThe holiday season brings lots of joy but leaves many people in debt! Many are unaware of the laws that protect them from unscrupulous debt collectors or how collection agencies can conduct business. With the help of the Federal Trade Commission, BBB provides the following information to better help you understand your rights when dealing with a debt collector...
[ In Gas Prices ]Gas Prices Fall in Favor of Thanksgiving TravelersOil prices surpassed $101 a barrel last week, but quickly fell back below $100 after the value of the euro dropped and European leaders acknowledged the resolution of the debt crisis would be a longer than anticipated process. Crude oil settled Friday at $97.41 a barrel on the New York Mercantile Exchange—$3.15 more than the week prior...
[ In Gas Prices ]AAA: Oil Prices Inch Higher As Talks Proceed To Resolve Europe's Debt IssuesCrude prices were able to sustain their upward momentum last week as talks of a plan to resolve Europe's debt crisis continue. The plan involves more than $1 trillion to bailout Greece and provides banks with much needed funds. Although though the final plan has not been drafted, one is expected to be finalized later this week...
[ In Gas Prices ]Volatile Oil Market Makes Bullish TurnOil prices increased for the second week in a row, keeping a barrel of oil above $80 after the Group-20 (G-20) and European leaders began discussion to draft a plan to resolve the European debt crisis. The new plan's completion date is set for the last week of October, with a review by the G-20 scheduled for the first of November...
[ In Gas Prices ]AAA: Gas Prices Expected To Fall Further As Economic News Remains Bleak Oil prices remain relatively unchanged this week as economic news remains bleak here in the U.S. and abroad. Prices fell further after reports showed China’s manufacturing index dropped for a third month in a row, while European retail sales declined last month and U.S. consumer spending continues to slow. Fuel demand continues to falter as weak economies cause consumers to cut back on spending and travel...
[ In Gas Prices ]Crude Oil Prices Fall as Consumer Sentiment Drops to 30-Year LowCrude oil prices fell even further this week as consumer confidence dropped to a 30-year low signaling a decrease in fuel demand. A Thomson Reuters/University of Michigan report showed consumer sentiment fell to 54.9 from 63.7 from July. Crude oil settled Friday at $85.38 a barrel on the New York Mercantile Exchange—$1.50 less than the week prior...
[ In Gas Prices ]Oil Prices Remain Relatively Unchanged From Last WeekCrude oil prices remained relatively unchanged from last week with oil closing Friday at $99.49 a barrel on the New York Mercantile Exchange—16 cents less than last week. The value of the euro fell last week, pushing the value of the dollar higher and oil prices lower...
[ In Personal Finance ]AAA: Motorists Should Update Auto Insurance Policy Before Summer Travel SeasonDuring the summer travel season, between Memorial Day and Labor Day, millions of motorists will take to the roadways for weekend getaways and vacations. With so many drivers on city roads and highways, it’s important motorists check their auto policy to make any necessary adjustments and ensure they have proper coverage should a crash occur...
[ In Personal Finance ]PT Barnum, the US Economy and Your MoneyObama released his long-form birth certificate, and Mr. Trump is making noise about a presidential run; P.T. Barnum at his finest couldn’t orchestrate what is shaping up to be a most interesting election year...
[ In Gas Prices ]Price of Oil Increases and Pushes National Average to $3.94 a GallonThe price of crude oil increased slightly last week to settle Friday at $113.93 a barrel on the New York Mercantile Exchange—$1.64 more than last week. After a relatively stable week, oil prices made minimal gains when Federal Reserve Chairman Ben Bernanke said the central bank will keep record-low interest rates, which reduced the value of the dollar against foreign currencies and pushed oil prices higher...
[ In Gas Prices ]Fuel Price Brief: Oil Climbs Back To $112 After Value of Dollar Drops To 16-Month LowThe U.S. dollar dropped to a 16-month low against the euro last week and pushed crude prices to settle Thursday, during the shortened trading week, at $112.29 a barrel on the New York Mercantile Exchange...
[ In Personal Finance ]Makers vs. TakersPoliticians came to an agreement late Friday evening that avoided shutting down the government. If these decisions didn't weigh so heavily on the future of our country, at least the posturing and grandstanding of Congress would provide a bit of comic relief...
[ In Gas Prices ]WEAK U.S. DOLLAR DRIVES UP PRICE OF OILThe U.S. dollar dropped to its lowest level in more than a year and drove up the price of crude oil to settle Friday at $112.79 a barrel on the New York Mercantile Exchange—$4.85 more than last week. A weak dollar makes crude oil more appealing as commodity to foreign investors and increases the price of oil...
[ In Personal Finance ]Weekly Financial Commentary April 4th, 2011IN SPITE OF UNCERTAINTY AROUND the world, the domestic equity indices have turned in a solid performance the last two weeks. By the numbers, for the two weeks ended Friday, April 1, 2011, the Dow Jones Industrial Average closed at 12,376, up 518 points, or 4.2%. The Standard & Poor’s 500 closed at 1332, up 53 points, or 4%...
[ In Gas Prices ]OIL MAKES FURTHER GAINS AFTER POSITIVE ECONOMIC NEWSThe price of crude oil advanced again last week after the U.S. Labor Department reported payroll gains were greater than projected. Payrolls increased 216,000 in March when they were projected to increase 190,000. The increase boosted investor confidence that demand is on the rise going into the summer driving season. The unemployment rate also dropped in March from 8.9 percent to 8.8 percent...
[ In Personal Finance ]Only Two Weeks Until Tax Deadline –Taxpayers Encouraged to Utilize IRS Free File for No-Cost Federal Tax Preparation & E-FilingThe Free File Alliance, a coalition of industry-leading tax software companies partnered with the Internal Revenue Service, today urged taxpayers to take advantage of the IRS Free File program before the April 18 tax deadline. IRS Free File provides free online tax software for all Americans with a 2010 Adjusted Gross Income of $58,000 or less...
[ In Personal Finance ]Weekly Financial Commentary, March 23, 2011According to the Federal Reserve, 19 banks have added $25 billion in earnings since 2008. This from a recent stress test, or Comprehensive Capital Analysis and Review, report, several banks, including Wells Fargo, JP Morgan Chase, BBT, and US Bancorp, have announced share buybacks, repayment of TARP funds, increased dividends, or some combination of the three...
[ In Personal Finance ]BBB Tips For Buying A Used CarDo you or your children need a good used car? Is it stressing you to look for a used car? Buy with confidence by considering the following tips:
[ In Gas Prices ]Price Of Crude Remains Relatively Unchanged From Last WeekConcerns still linger as protests continue and unrest remains in many parts of the Middle East...
[ In Personal Finance ]Randy Brunson's Financial Market ReviewVOLATILITY CONTINUES, WITH THE MAJOR indices off over the last three weeks. By the numbers, for the three weeks ended Friday, March 11, 2011, the Dow Jones Industrial Average closed at 12,044, down 86 points, or 0.7%. The Standard & Poor’s 500 closed at 1304, down 15 points, or 1.2%, and the NASDAQ Composite closed at 2715, down 66 points, or 2.4%...
[ In Personal Finance ]H&R Block Offers Free Second Look® Review to Help Taxpayers Recover Missed MoneySixty percent of American taxpayers trust tax preparers to prepare their taxes and find every tax credit and deduction allowed by law. Other taxpayers choose to prepare their taxes themselves. Unfortunately, many of them make serious mistakes on their returns.
[ In Personal Finance ]BBB Recommends Following the Top Ten Tips from the Internal Revenue Service this Tax SeasonWith April 18th fast approaching, it’s time to start the tax filing process that we all know and love. This tax season, if you are planning to get assistance from a tax preparer or even if you’re planning to do the leg work yourself, Better Business Bureau, along with the Internal Revenue Service recommend following these top ten tax filing tips...
[ In Gas Prices ]Oil And Gas Prices Surge After Libya Output Cut By Two-ThirdsOil and gas prices spiked last week after concerns Libya's oil exports would be disrupted became a reality. Libya supplies more than 1.6 million barrels of crude a day and disruptions cut exports by approximately one million barrels...
[ In Personal Finance ]Seller Beware – Don’t Lose Money on Your Gold and SilverAs the dollar plummets in value, the price of gold and silver continues to remain at all-time highs...
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