Gas prices set to ease for Memorial Day travel
Gas prices are expected to fall as Memorial Day nears with wholesale prices down 22 cents a gallon since last week. The national average may dip below 3.00 per gallon by summer, aided by rising supplies and a stronger dollar, easing motorists' summer budgets.
MENTIONED IN THIS ARTICLE
Tom Kloza
Oil Price Information Service
Chrystal Harned
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Congress grills BP executives over Gulf spill blame
Congress interrogates BP PLC leaders and two peers over the Gulf of Mexico disaster. Lawmakers deride shifting blame while highlighting the lawmakers own role in offshore drilling oversight. The hearings echo earlier high profile corporate grilling and probe how political contributions influence policy.
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Washington
Congress
BP PLC
Gulf of Mexico
House
Senate
John Barrasso
R-Wyo
Associated Press
Wal-Mart pledges 2 billion to hunger relief over five years
Wal-Mart Stores Inc will donate 2 billion dollars to hunger relief over five years, investing at least 250 million in grants and distributing more than 1.1 billion pounds of food. The plan targets food banks amid rising need as 39.7 million people receive food stamps.
MENTIONED IN THIS ARTICLE
New York
Wal-Mart Stores Inc
Wal-Mart
Kroger Co
Wal-Mart Foundation
Margaret McKenna
Senate moves to curb mortgage lenders and require debt repayment proof
The Senate voted to bar mortgage brokers and loan officers from earning higher pay for offering higher interest rates and to require borrowers to prove they can repay loans. A 5 percent down payment requirement was rejected. President Obama urged protections against auto dealer exemptions, highlighting risk to service members and their families. Holly Petraeus urged coverage for car buyers amid high rate loans. Brownback argued dealers are already regulated and called for local enforcement of predatory lending concerns.
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Senate
Wall Street
Barack Obama
Consumer Financial Protection Bureau
Sam Brownback
Obama
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U.S. Central Command
David Petraeus
Petraeus
Council of Better Business Bureau
Brownback
Federal Trade Commission
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Steven Newman
Transocean Ltd
Lamar McKay
BP America Inc
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Global Business Lines
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Cameron
Oks
the Market IN Review
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The
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