energy prices

(Newser) - More Americans are skipping breakfast and other basics just to pay the bills, the AP reports. With gas hitting highs this year and food prices up as much as 44%, even $35,000-plus wage earners are lining up for food, and food banks report acute shortages. One consultant says he...

(Newser) - The nation's gas inventory slipped last week to its lowest level since Hurricane Katrina decimated stockpiles 2 years ago, but officials aren't worried. "We're at the end of the summer and demand should start declining over the next several weeks," one analyst told Reuters. The current supply is...

(Newser) - High-end steak houses like Ruth's Chris and Peter Luger are a great place to study trends affecting the US economy, argues Slate's Daniel Gross. The price of sirloin, for instance, reflects the recent spike in energy prices, as demand for ethanol has raised the price of corn, which is what...