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.
Janet Napolitano, Secretary for US Homeland Security, faced tough questioning over a runaway teen's fatal airplane ride last year. A Massachusetts congressman asked Janet Napolitano about airport security in the wake of the deadly stowaway incident.
Airline tickets aren't as plentiful as in 2008, allowing airlines to price them higher.
California Gov. Arnold Schwarzenegger on Thursday honored Victor Perez, the man behind the improbable car chase that resulted in the recovery of an 8-year-old girl abducted in Fresno, Calif. 'This guy is a true action hero,' said the governor. Here is his story and the stories of three other everyday heroes who responded to trying circumstances with extraordinary grace or courage.
Continental Airlines and UAL shareholders approved the deal, which will create the world's biggest airline
The $3 billion airline merger of UAL and Continental would create the world's largest airline.
Pilot skill in the Colombia plane crash is being pointed to as a key factor in saving the lives of 130 passengers. One passenger died.
Airline fees are not part of the ticket price, meaning they can easily go unseen until it's too late for the consumer to shop around.
Michael Jackson doctor, Dr. Conrad Murray is off to court to fight to retain his California medical license.