Economy Jun 15

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Why Is the Cost of Gasoline Increasing?

Question: With U.S. oil stocks high and refiners at a low production rate, why is the cost of gasoline increasing at such a high rate? It makes you think that there is more to it than supply and demand.

Economy Jun 06

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Watch
Unemployment Rate Jumps as Economic Woes Mount

The nation's unemployment rate hit 5.5 percent in May as employers cut some 49,000 jobs, providing a fresh snapshot of a still-struggling U.S. economy. Mark Zandi, chief economist with Moody's Economy.com, explains the new Labor Department report and what it…