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Delta's 1Q profit rises on more traffic, lower fuel prices

...strategy of hedging against fuel price spikes. That helps when oil prices rise, but hedging contracts lose money when energy prices fall as they did starting last summer. Delta took a first-quarter write-down of $372 million on its hedging contracts...

http://chronicle.augusta.com/news/business/2015-04-15/deltas-1q-profit-rises-mor
Fed minutes: June, July or later? Officials in March split widely on timing of rate increase

...likely warrant the start of rate increases in June, the minutes said. Other officials expressed concerns that falling energy prices and a stronger dollar would keep pushing inflation below 2 percent. They said the central bank should hold off until...

http://chronicle.augusta.com/news/business/2015-04-08/fed-minutes-june-july-or-l
Federal Reserve says no rate hike is likely until job market improves and inflation rises

...to talk about weakness in export growth, weakness in energy prices," Maldari said.At a news conference after the Fed's...excessively low U.S. inflation reflects sinking energy prices and the dollar's rising value, which lowers the prices...

http://chronicle.augusta.com/news/business/2015-03-18/federal-reserve-says-no-ra
US consumer confidence slides after big January gain

...report Tuesday. "We continue to expect consumer spending to kick the year off on a robust foot after the drop in energy prices gave consumers a substantial windfall."U.S. economic growth slowed to a solid-but-unspectacular 2.6 percent...

http://chronicle.augusta.com/news/business/2015-02-24/us-consumer-confidence-sli
US consumer spending slips in December as auto sales weaken

...to a 0.5 percent increase in November. Cheaper gasoline and fewer auto sales accounted for most of the decline.Energy prices tumbled 5.2 percent in December for the sixth straight monthly decline. The falling oil and gas costs caused consumer...

http://chronicle.augusta.com/news/business/2015-02-02/us-consumer-spending-slips
Fueled by oil, agriculture sector welcomes low diesel prices

...depend on row crops, and who've seen farm income drop by as much as 50 percent because of low grain prices.Lower energy prices increase planted acres for most major row crops and drop the price of the commodity, according to an April 2014 federal...

http://chronicle.augusta.com/news/business/2015-01-25/fueled-oil-agriculture-sec
Cheap oil, low interest rates brighten outlook for global economy

...from the AP's previous survey last fall, when most of the economists predicted a rate hike in June. The plunge in energy prices, which has helped cut inflation further below the Fed's 2 percent target, has led many economists to push back their...

http://chronicle.augusta.com/news/business/2015-03-04/ap-survey-why-outlook-glob
Economists forecast fast growth in 2015

...higher gear next year, reflecting continued job gains and a boost in consumer spending linked to the recent big drop in energy prices. The 3.1 percent forecast for 2015 is up slightly from a 3 percent projection the NABE panel made in September...

http://chronicle.augusta.com/news/business/2014-12-08/economists-forecast-fast-g
A crude tax

...Summers wrote an op-ed piece for The Washington Post earlier this month saying the consumer "windfall" from low energy prices makes it politically expedient to enact a $1-trillion carbon tax.In Summers' view, whatever you pay at the pump...

http://chronicle.augusta.com/opinion/editorials/2015-01-15/crude-tax
US gains 252K jobs; unemployment falls to 5.6 percent

...recovered. But most economists remain optimistic that lower energy prices will benefit U.S. consumers and many businesses...dealers and other goods and services resulting from lower energy prices will lead to 300,000 more jobs this year than if oil...

http://chronicle.augusta.com/news/business/2015-01-09/us-gains-252k-jobs-unemplo