Lower oil prices ease burden on American drivers
Oil and gasoline prices fall from 2012 highs, easing costs for consumers and boosting optimism for the economy and Obama’s political prospects. Gas prices have dropped about 21 cents to $3.73, with analysts predicting further declines ahead of summer travel and holidays.
MENTIONED IN THIS ARTICLE
Obama
New York
Barack Obama
Apgfe
U.S
James Hamilton
University of California, San Diego
Iran
California
Tom Kloza
Oil Price Information Service
West
United States
Michael Dimock
Pew Research Center
Mitt Romney
Eloza
NEW York(ap
York Mercantile Exchange
NwGoldg
NovaGidg
Cisco
GenElec
Ymbiog
Micront
Iishemkts
GoldStrg
PwShs
Herbalites
ContMatis
FNB
Atdrs
Velti
NovaCppa
AvalonHid
Cleantcrs
Millidan
DocuSec
Norestb
NY Harbor
Dow Jones Industrials
N.Y
Dow Jones Transportation
Coen Nigh Low
Dow Jones Utilities
S&p
Wilshire
Russel
Chicago
Chicago Board of Trade
Key Republican questions JPMorgan loss prompts risk oversight debate
A key House Republican questions how banks manage risk after JPMorgan Chase reports a $2 billion trading loss. Republicans push back on stricter regulation while considering the Volcker Rule and systemically important financial institutions criteria amid bipartisan calls for stronger safeguards.
MENTIONED IN THIS ARTICLE
Washington
Jpmorgan Chase
Shelley Moore Capito
R-W.va
House
Financial Services Subcommittee
Jpmorgan
Wall Street
Treasury
Timothy Geithner
Bachus
Capito
Federal Reserve
Paul Volcker
Jamie Dimon
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John Heimlich
Airlines For America
Heimlich
John Tillman
Wesley Chapel
Fla
Hamilton
Portland
Ore
Spencer Bachus
R-Ala
Full Financial Services Committee
Dimon Notes
Brad Miller
D-N.c
Michael Gibson
Feds Division of Banking Supervision
Tle
London
London Pecs
Handy
Handy & Harman
N.q
N.a
At&t Inc
PepsiCo
BkofAm
Pfizer
Boeing
SwstAir
Oneok