Gas prices decline, helping to fuel tourism in North and South Carolina. The fall in gas prices and pent-up demand could give the Carolinas one of their best tourist seasons since the Great Recession.
The average price of gas was $3.85 a gallon for the week that ended Monday. The number of automotive travelers during Memorial Day weekend is expected to be about the same as a year ago.
Gas prices may be high, but 35 million Americans plan on Memorial Day travel. Gas prices may change spending patterns from Memorial Day 2010.
The Great Recession officially ended in June 2009. That's apparent on Wall Street, less so on Main Street. But the economic recovery is gradually being felt in places like Poughkeepsie, N.Y.
The EPA's next generation of mileage labels are smart-phone friendly and were designed to give consumers more ways to compare the efficiency and pollution levels of vehicles of all engine types.
The Dow rose about 38 points, with DuPont rising and Verizon falling. The Nasdaq rose about 15 points.
Emerging-market drivers now buy the majority of the world's cars. The BRIC nations lead the charge that will boost auto sales for new and established automakers.
Oil futures close down below $98 a barrel in New York. Oil futures fall as dollar strengthens.
Americans are spending 12 percent of their disposable income on energy costs – up from 7.7 percent in 2002, a new study says. Gas prices are the biggest part of the equation.
Wal-Mart is in a bright spot, for now. But Wal-mart is concerned that high gas prices will cause customers to spend less.