Oil prices rose to $95 a barrel and stocks fell about 1 percent by midday. The surge in oil prices boosted oil company stocks.
The Consumer Price Index, a measure of the inflation rate, rose 0.4 percent in December and January. This is the first time the CPI has increased this much for two straight months since 2008.
As many fliers are discovering, airlines these days are canceling their flights well before a winter storm hits.
Promises of a warmer winter are not bearing fruit as new winter storm grips the South, bringing its largest city, Atlanta, to a full stop. Even the governor's inauguration event was canceled.
The past year has produced some of the most intriguing business deals of the decade, which boosted (or sunk) the fortunes of CEOs and shareholders alike. Perhaps the most relevant question, however, is what impact these transactions will have on consumers? Here are the Top 5 deals of 2010 that, for better or worse, will change the way you spend your money.
The US Transportation Department can fine airlines that force passengers to wait in an airplane on the tarmac for more than three hours. The blizzard aftermath could be a test case.
Weather forecasters predict a significant winter storm from the Mid-Atlantic through New England, including high winds and heavy snowfall. Hundreds of airline flights have been canceled.
Wi-Fi access will be free on Delta, Air Tran, and Virgin America flights this holiday season, thanks to a Google-sponsored free Wi-Fi event.
Airline tickets aren't as plentiful as in 2008, allowing airlines to price them higher.