China and India both reported higher-than-expected inflation readings on Friday, giving fresh ammunition to central bankers and investors alike who are worried about mounting price pressures in the global economy. Get the full story »
Inside these posts: Energy costs
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Oil prices ‘great concern’ for economy: Chu
Energy Secretary Steven Chu said on Thursday high oil prices posed a threat to the global economy. “The oil producer countries and the oil consuming countries are concerned because it does have an impact on a very fragile economic recovery. There is great concern,” Chu told a news conference while attending a clean energy conference. Get the full story »
U.S. pitches changes to fuel-economy labels
The fuel-economy sticker on new cars will change under plans announced Monday.
Will your new car get an A in fuel efficiency? A government proposal may add letter grades to showroom window stickers on new cars and trucks to reflect a vehicle’s overall fuel economy and greenhouse gas emissions.
The Transportation Department and Environmental Protection Agency said Monday they were considering two options to upgrade the energy and environmental information that will adorn labels on new vehicles in car dealership showrooms, beginning with the 2012 model year. Get the full story »
