Editor's note: This is the first in the "Take Five" series, which will appear Tuesdays in the Money section. The stories will give you a glimpse at what it's like working in various fields along the Grand Strand and introduce you to the people doing the work.
Mom-and-pop service stations are running into a problem as gasoline marches toward $4 a gallon: Thousands of old-fashioned pumps can't register more than $3.99 on their spinning mechanical dials.
Tribune Co.'s $650 million sale of Newsday is an important step toward alleviating its debt burden - for this year. Now the Chicago company needs to move on its next big asset sales, including the Chicago Cubs baseball team and Wrigley Field, in order to meet its obligations to creditors looming in 2009.
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Oil prices dropped below $124 a barrel on profit-taking Tuesday in Asia after hitting another trading record in the previous session.
Mom-and-pop service stations are running into a problem as gasoline marches toward $4 a gallon: Thousands of old-fashioned pumps can't register more than $3.99 on their spinning mechanical dials.
Chinese shares fell Tuesday and the country's two stock exchanges suspended trading in 66 companies based in the region hit by a major earthquake in an effort to minimize potential disruptions to financial markets.
St. George Bank on Tuesday agreed to an 18.6 billion Australian dollar ($17.5 billion) takeover offer from Westpac Banking Corp. that would create Australia's biggest bank and be one of the country's largest corporate deals.
The economic downturn is hitting roughly one in 10 middle-aged and older Americans especially hard, compelling them to borrow money for everyday living expenses and to seek help from family, friends or charities, according to a survey released Tuesday by the AARP.
Americans facing rising gasoline and diesel prices are cycling about, saddling up, singing out and, sometimes, resorting to violent symbolism.
Small cars were the big winners in April, as high gas prices accelerated U.S. consumers' rush away from trucks and sport utility vehicles and makers of fuel-efficient models scored gains despite the weak economy.
Maurice R. Greenberg, the former chief executive and largest individual shareholder of AIG, says the insurer is "in crisis" and urged it to postpone its annual meeting in the wake of its massive first-quarter loss, according to regulatory filing Monday.
Forced to pay for once-free sandwich toppings and twice as much for some steak cuts, shoppers are wondering whether higher grocery bills and restaurant tabs truly reflect the trickle down of a global rise in food prices.
Tribune Co.'s $650 million sale of Newsday is an important step toward alleviating its debt burden - for this year.
Wall Street rallied Monday as oil prices fell back and alleviated some of investors' concerns about accelerating inflation. The Dow Jones industrials gained 130 points.
Broad damage in the mortgage industry was in full view Monday as a number of companies posted dismal first-quarter earnings, but there were also some hope that the worst of the housing crisis is over.
Treasury prices slipped modestly Monday as the stock market rallied and fixed-income looked ahead to a number of key economic reports to be released in the coming days.
Corn prices sank Monday as investors took profits from last week's record-setting rally and bet that forecasts for dry weather in the Midwest will allow farmers to speed planting.
Interest rates on short-term Treasury bills rose in Monday's auction to the highest levels since February.
JPMorgan Chase & Co.'s chief executive said Monday that while the crisis in the credit markets appears to be three-quarters over, he believes a U.S. recession is just beginning.
Sprint Nextel Corp.'s Dan Hesse had little good news to share Monday on the eve of addressing his first shareholder meeting as chief executive of the troubled wireless carrier.
The federal government ran a budget surplus of $159.3 billion in April, smaller than a year ago.
China's inflation almost climbed to a 12-year high in April, swamping official efforts to cool surging living costs that could provoke unrest ahead of the Beijing Olympics.
Israelis got a first demonstration Sunday of the electric car that developers hope will revolutionize transportation in the country and serve as a pilot for the rest of the world.
When Maulit Shelat heard about the Bush administration's plan to pump up the economy by sending out stimulus checks, he sat down with his wife and drew up a list of priorities: first up, remodeling the bathroom.
Despite extensive efforts to educate workers about saving for retirement, many employees are not doing a good job of managing their company-sponsored 401(k) accounts, a new study indicates.
A senior Toyota executive said Monday that plans for a new auto assembly plant in Mississippi are being delayed by worries about slumping American auto sales and a broader U.S. economic slowdown.
Cheeseheads don't need to be bleu: Experts say predictions that California will soon overtake Wisconsin as the nation's top cheese producer are unlikely to come true.
XM Satellite Radio Holdings Inc. said Monday its first-quarter loss widened by nearly 6 percent even as revenue jumped 17 percent.
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